Now competitors: Walt Disney CEO resigns from Apple board of directors

Apple Announces Walt Disney Co. Executive Director Leaves Its Board of Directors Bob Iger (Bob

Iger).

Who is it?

Apple and Disney have long been closecooperation. Back in 2006, Disney bought Pixar, owned by Apple co-founder Steve Jobs. After receiving $ 7.4 billion from the deal, Jobs became Walt Disney's largest shareholder.

And in 2011, after the death of Steve Jobs, a place on the board of directors of Apple took the head of Disney Bob Iger.

Why did he leave

Neither Apple nor Bob give reasons for leaving, butthis is most likely due to competition in the streaming television market. Apple and Disney are preparing similar services - Apple TV + and Disney +, which will be launched on November 1 and 12, respectively.

True, Apple TV + will cost $ 4.99 per month, and Disney + will cost $ 6.99.

Back in April, talking to reporters, Bob Igertold me that he had to go out every time the board of directors started discussing Apple TV +. In fact, he left office on September 10, the day of Apple’s traditional fall presentation, when details about Apple TV + were revealed.

“Despite the fact that we will be sorely missedof his contribution as a member of the board of directors, we respect his decision and have every reason to hope that our relationship with Bob and Disney will continue in the future, ”Apple said.

“I really respect Tim Cook, his team at Apple andmy colleagues on the advice. Apple is one of the most respected companies in the world, known for the quality and integrity of its products and employees, ”added Bob Iger.