It’s official: Software is now more profitable than Hollywood, baby. Per the results over at Asymco and the box office receipts over at Box Office Mojo, Apple’s App Store receipts outgrossed movie receipts in 2014. Apple paid US$10 billion to developers in calendar 2014. Additional statistics for the App store are as follows:
Tag: hollywood
Additional movies: They’re never a bad thing. Per the Wall Street Journal, Apple is said to be involved in negotiations with Hollywood movie studios in an effort to give customers the ability to stream movies they own to devices like an iPhone, iPad or Apple TV. Citing sources close to the story, The Wall Street […]
Hot on the heels of Microsoft’s deal with Universal Music (a unit of Vivendi) to pay a US$1 royalty on every Zune player sold in exchange for licensing its recordings for Microsoft’s new digital music service, now Hollywood wants in on the action.