Monday, December 05, 2005

iTunes video sales strong, attracting more content partners

iLounge writes about another research note from Shaw Wu at American Technology Research. Wu predicts "iTunes video sales—including music videos, ABC TV shows and Pixar shorts— are coming in ahead of expectations despite the lack of a large video library."

Wu wrote that “Apple disclosed that it sold 1 million videos on October 31, 2005. We are picking up indications that sales have more than doubled since then and that this strength is attracting attention from other content providers including NBC, CBS, and Fox eager to participate in this new market opportunity."