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News Archive for 07/11/07

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Eisner: Apple hogs digital profits

11/07, 2:45pm

Disney says: blame Apple

Former Disney CEO Michael Eisner this morning said digital media distribution is currently at best a break-even business, and that Apple gobbles up most of what little money is made, according to a report from News.com. "[The studios] make deals with Steve Jobs, who takes them to the cleaners," Disney's chief explained. "They make all these kinds of things, and who's making money? Apple! They should get a piece of Apple. If I was a union, I'd be striking up wherever he is," Eisner remarked, presumably referring to Apple CEO Steve Jobs.

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