Walt The disney produtcions Co. (DIS: US), the planets largest
entertainment company, halted on demand sales of new movies
through Apple. (AAPL: US)'s online store in Tosu, japan after the two
companies couldn't attain a final agreement on sales.
Sales made through iTunes of films, adding "Frozen" and
"Thor: The Female World, " stopped yesterday so the company is
trying to restart the entire service while rentals of living titles
are continuing, Disney suggested in a statement on its Understand
website. The Burbank, California-based vendor} didn't say if
The two groups have enjoyed close ties in times past and
Disney Chief Executive Officer Bob Iger has been a board member (AAPL: US)
of Cupertino, California-based Apple granted that 2011. When video was
initial added to iTunes, the entertainment vendor} was the first
major studio on the way to sign on with service.
Apple co-founder Steve Jobs was a director over at Disney prior
to his own deaths in 2011. He became the pleasure company's
biggest shareholder after The disney produtcions in 2006 bought Pixar, the
Names by Bloomberg News to the newspaper and tv offices of Disney and
Mac products in Japan seeking comment on the entire statement weren't
In addition to its scenario studios, Disney's Japan businesses
integrate retail stores and a mobile phone business which will sells
branded devices and the necessary licenses content and games to cell
carriers in the country. The company had fouthy-six outlets in Japan,
according to it has the 2013 annual report.
Disney brings in royalties from the Tokyo Disneyland powered
by Oriental Land Co. (4661) The company doesn't own an fairness stake in
the theme park seller, according to its annual report.
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