Disney sells 125,000 iTunes Movie Downloads in first week

Walt Disney's Chief Executive Robert Iger said on Tuesday the company has sold 125,000 movie downloads through Apple's iTunes online music store during the first week.

Iger also stated the movie sales were worth $1 million in revenue for Disney, who offered up 75 movies for download. Iger also expects the service to generate $50 million in added revenue for Disney during the first year.

Source: Reuters