Disney CEO apologizes to school threatened with 'Lion King' fine - Business Insider

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Disney CEO Bob Iger apologized after the company's licensing agent demanded $250 from an elementary school that showed 'The Lion King' at a fundraising event

on Thursday after the company's licensing agent went after an elementary school in California, demanding $250 for a showing of last year's "The Lion King" remake that occurred at a PTA fundraising event.

, that said it had been alerted to the school's "Lion King" showing. It informed the school that it needed to pay $250 for the showing and additional fees of $250 for any future showings, according to CNN.

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Disney is extremely rigid & notoriously greedy with fees

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