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Disney CEO Bob Iger resigns from Apple board ahead of TV+ launch


steven36

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He stepped down the day Apple revealed key plans for its new streaming service.

 

ea14.jpg

Image: Disney CEO Bob Iger

 

Bob Iger, the long-time Disney CEO, has resigned from Apple's board of directors. Apple made the announcement on Friday in an SEC filing, where it revealed that Iger stepped down on September 10th -- which happens to be the day the company shared launch details for Apple TV+, its upcoming video streaming service. Disney is, of course, getting ready to debut a streaming service of its own, Disney+, on November 12th for $6.99 a month in the US, Canada and the Netherlands. Apple TV+, meanwhile, will arrive on November 1st for $4.99 per month in over 100 countries.

 

This is what Apple CEO Tim Cook had to say in 2011, when Iger joined as a board member: "His strategic vision for Disney is based on three fundamentals: generating the best creative content possible, fostering innovation and utilizing the latest technology and expanding into new markets around the world, which makes him a great fit for Apple." Fast forward to now and, when you consider how Apple and Disney are about to be rivals in the entertainment space, Iger's move shouldn't come as a surprise. Still, his departure is a major loss for the Cupertino company.

 

"It has been an extraordinary privilege to have served on the Apple board for 8 years, and I have the utmost respect for Tim Cook, his team at Apple and for my fellow board members," Iger said in a statement today. "Apple is one of the world's most admired companies, known for the quality and integrity of its products and its people and I am forever grateful to have served as a member of the company's board."

 

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Infinite_Vision

Hopefully, this is the start of more organizations moving away from protecting their friend by not entering certain industry but I wouldn't hold my breath on it.   Hey Disney, can we stop with the remarks and make some more original content?  How about Fisagate?  How about Godfather III?  And let hope things like this never never happen again.  I hope Tim is watching and learning.  You don't have to but consumers do speak.   And those who who really care.  And this guy did a good job analyzing thing and people are starting to wake up.  So hopefully, Apple take a cue about the shifting direction or wind of change.  People just want good story telling.      

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Godfather 3? wasn't that made under Paramount in 1990? 

Impossible for a 4th since Mario Puzo died in 1999.. And Copolla's too old.. 

Also the 3rd wasn't as good as the first 2.. Why add another? 

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