Disney CEO Iger Steps Down From Apple Board
Walt Disney Company CEO Bob Iger has stepped away from his seat on the Apple board of directors.
The move was disclosed in an Apple SEC filing Friday and reported on by Variety.
According to the filing, Iger’s move came earlier this week as Apple announced the $4.99 price point and Nov. 1 launch date for its new streaming service, Apple TV+.
Apple’s original program play will compete head-on in the marketplace with Disney’s upcoming Disney+ streaming launch.
Iger joined Apple’s board in 2011, shortly after Disney purchased Pixar from former Apple CEO Steve Jobs.
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Daniel Frankel is the managing editor of Next TV, an internet publishing vertical focused on the business of video streaming. A Los Angeles-based writer and editor who has covered the media and technology industries for more than two decades, Daniel has worked on staff for publications including E! Online, Electronic Media, Mediaweek, Variety, paidContent and GigaOm. You can start living a healthier life with greater wealth and prosperity by following Daniel on Twitter today!