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Disney Internet Group expecting big things

Filed in archive Business Trends on May 30, 2007

Here is more evidence that newer forms of media are gaining traction in the marketplace. Walt Disney Internet Group is expecting revenues of $1.5 billion this year. Contributing to that growth is media sites like ESPN.com, paid content like iTunes sales, and mobile services.

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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Tags: financials 2007 internet digital mobile june+2007 disney+internet group+expecting

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