(From Cynopsis)
THE WALT DISNEY INTERNET GROUP is expecting revenues of $1.5 billion this year thanks to strong growth in media (i.e. ESPN.COM), paid content (ITUNES sales) and mobile services according to comments made by President STEVEN WADSWORTH at last week's GOLDMAN SACHS internet conference.
Subscription revenue is a large component of DISNEY's strategy, as the company plans to use free ad-supported services to lure consumers into subscription deals.
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