ABC Downloads from iTunes Exceed 1.5 Million; Not Reductive on Syndication

Disney CFO Tom Staggs had a conference call with analysts earlier today (archived webcast here), and spoke at length about the company’s deal with iTunes and his views on the future of TV etc.

He said that Disney had sold 1.5 million downloads via iTunes to date (three months into it now), but said the sales were not reducing the value of the shows’ other income streams, including advertising and syndication.

He also predicted that “Lost” and “Desperate Housewives” would eventually generate $1 billion in operating profit when the shows are sold for syndication.

FT: Staggs added that it was รข