Amaya Toman Among others, Bob Iger, CEO of Disney, is a member of Apple's board of directors. However, his seat could be threatened by the emerging streaming service, or rather by the fact that this type of service is planned to be launched by both Apple and Disney. Apple has not yet asked Iger to step down from the board, but some reports suggest that launching services at both companies could be a stumbling block to Iger's continued board membership, as the companies become competitors in that direction.
Bob Iger has been a member of Apple's board of directors since 2011. Although Apple, according to its own words, has certain commercial agreements with Disney, Iger does not figure prominently in these agreements. Both companies plan to launch their own streaming services focused on video content later this year. So far, both Apple and Disney are relatively tight-lipped about issuing more specific statements, Iger himself has not commented on the whole thing at all.
It is not the first time in Apple's history that there has been a similar conflict of interest between the company and board members. When Google became more involved in the field of smartphones, Google CEO Eric Schmidt had to leave the board of directors of the Cupertino company. His departure occurred during the leadership of Steve Jobs, who personally asked Schmidt to leave. Jobs even accused Google of copying some features of the iOS operating system.
However, a conflict of this type is probably not imminent in the case of Iger. Iger appears to have a very warm relationship with Cook. However, given that Disney is on the list of possible acquisition targets for Apple, the situation could eventually have an even more interesting development. In this regard, the only thing that is 100% certain is that Apple can theoretically afford the acquisition.
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Source: Bloomberg
