According to an SEC filing today, Disney CEO Bob Iger has resigned from the board of directors for Apple.
With Disney+ launching on November 12th and Apple TV+ available on November 1st, the two companies will likely be in direct competition in the streaming video service market, causing a possible conflict of interest.
Iger said in a statement:
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. 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.
Source: CNBC
Tom is the former host/producer of the Disneyland Edition podcast and is currently the co-host of the Connecting With Walt podcast, plus is also providing Disneyland content from the parks. He enjoys traveling with friends and spending time with family, including his son and grandson. In his spare time he volunteers with Scouts BSA and Cub Scouts, and helped found his son's former Cub Scout Pack. His favorite Disneyland attraction is Space Mountain.