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Disney's agreement to sell TV shows and movies on iTunes could generate around
$324 million in sales for the company in 2008, a new revenue stream that reflects
just one of the entertainment and TV giants innovative forays into the TV 2.0
sector. More than any other single event, Disney's landmark deals
to deliver TV shows via Apples iTunes store helped usher in the new era of Internet-delivered
TV. Now, Disney stands alone among its studio peers in selling films on iTunes.
Both of these moves have handed Disney a growing source of new revenue, one that
promises to climb from only $44 million this year, to $150 million in 2007 and
over $320 million in 2008, adds the release. |