Disney CEO Bob Iger leaves Apple Board before launching competitive streaming services



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Walt Disney Co. General Manager Bob Iger announced Friday that he would step down from Apple's board of directors, as the two companies are now competing when they deploy their services. Disney + and AppleTV + this fall.

"I have the greatest respect for Tim Cook, his team at Apple and my colleagues on the board," Iger said of the resignation. "Apple is one of the most admired companies in the world, known for the quality and integrity of its products and its staff, and I am always grateful to have sat on the board of directors. administration of the company. "

Apple said that it respected the Iger decision and that "we have every hope that our relationship with Bob and Disney will continue in the future."

Iger had a big impact on Apple and was friends with the visionary Apple, Steve Jobs. Iger helped put Disney's ABC network shows on Apple's iTunes in 2005. Their relationship also helped Disney buy Pixar's animation studio in 2006 for $ 7 billion, which was then directed by Jobs.

Iger has been sitting on Apple's board of directors since 2011, but since his company will soon be competing with Apple, it might be wise to let him go to avoid regulatory scrutiny. The federal government is looking at whether companies like Apple have too much power in the marketplace.

Disney + and AppleTV + will be launched in November, with AppleTV + on November 1 and Disney + on November 12. Both services will offer their own programs and exclusive films.

AppleTV + will cost $ 4.99 a month and will benefit from a free seven day trial. Disney + will cost $ 6.99 a month. Both services will compete with the giant Netflix streaming, whose basic broadcasting package is $ 8.99 per month.

Although Apple + is the cheapest of the three services, only nine original titles will be available at launch. Apple's service will have to compete with Netflix's massive streaming library and Disney's content library, which will feature popular Marvel, Pixar and Lucasfilm titles.

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