Featured Articles

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC has announced that it will begin volume production of 16nm FinFET products in the second half of 2015, in late…

More...
AMD misses earnings targets, announces layoffs

AMD misses earnings targets, announces layoffs

AMD has missed earnings targets and is planning a substantial job cuts. The company reported quarterly earnings yesterday and the street is…

More...
Did Google botch the Nexus 6 and Nexus 9?

Did Google botch the Nexus 6 and Nexus 9?

As expected, Google has finally released the eagerly awaited Nexus 6 phablet and its first 64-bit device, the Nexus 9 tablet.

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 11 March 2008 12:43

Walt Disney wants a billion from Internet

Written by Nick Farell

Image

Mickey Mouse outfit makes big bucks


Walt Disney
expects to make more than a billion dollars from online content this year.

CEO Robert Iger told analysts the company has been "fairly aggressive" in expanding onto the Internet and it seemed to be paying off. He said that if Disney was not in the market people would just be buying someone else's content.

Disney's cash comes from advertising during its ABC network hits such as "Lost" and "Grey's Anatomy" that are rerun on ABC.com, ads on sites such as ESPN.com, subscriptions to online games, downloads of movies and music, and e-commerce that is not related to its theme parks.

The money makes up less than 3 percent of company revenue, but it is still significant.
Last modified on Tuesday, 11 March 2008 14:59

Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments