Tuesday, August 26, 2014

The disney produtcions Halts On-Demand Movie Sales in relation to ITunes in Japan

Walt The disney produtcions Co. (DIS: US), the planets largest

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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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