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Posted Sep 25, 2006 01:47 by KJM
Listed in:
Downloads,
iPod,
iTunes,
News
Tags:
Disney,
Wal-Mart,
Hollywood,
New York
4QJ
Ó
Wal-Mart says it wants to play nice with others. According to the New York Post, Wal-Mart warned Hollywood movie studios that it would fight against distribution of movies on iTunes, worried that Wal-Mart DVD sales would decline as a result. Earlier this year, an insider suggested that many of the "big box" stores, including Wal-Mart, had expressed deep concern when Disney started selling TV shows on iTunes.Wal-Mart, however, says otherwise. They submitted a recent report saying that they were not trying to stop movie studios from using other forms of distribution, such as Apple iTunes. According to an insider who wished not to be identified, Wal-Mart has discovered that the demographics differ on consumers who download movies--typically single young males--versus buyers of DVDs, and as a result now see no threat to their in-store DVD sales. Downloads of movies from iTunes has produced $1 million in revenue in their first week of sales, according to Disney Chief Executive Robert Iger. iTunes, according to Iger, has not lowered TV viewership or DVD retail sales. |
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[Via Reuters]
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1 Comments
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» Walmart is almost as bad as Microsoft
In our neighborhood, Walmart had an entire shopping Center between the two anchor stores - Sam's Club and of course, Walmart.
They decided that some of the last remaining woodlands and wildlife habitat down the street needed to be destroyed. For absolutely no reason, they buldozed the entire wooded area so that they could build a new store LESS THAN half of a mile down the road.
WALMART is not a good company. They are now softening their threat to Hollywood only because their precious DVD sales aren't being hurt.
Trust me on this one. Don't shop at Walmart. . . EVER.
In our neighborhood, Walmart had an entire shopping Center between the two anchor stores - Sam's Club and of course, Walmart.
They decided that some of the last remaining woodlands and wildlife habitat down the street needed to be destroyed. For absolutely no reason, they buldozed the entire wooded area so that they could build a new store LESS THAN half of a mile down the road.
WALMART is not a good company. They are now softening their threat to Hollywood only because their precious DVD sales aren't being hurt.
Trust me on this one. Don't shop at Walmart. . . EVER.
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