Disney CEO Bob Iger Exits Apple’s Board As Two Companies Prepare To Launch Competing Streaming Services

Apple not only beat Disney to market; it undercut the Burbank entertainment giant on price, offering its service for $5 a month, versus Disney’s $7 monthly fee . The technology giant is offering a year of service free with the purchase of a new Apple device.

The space of Netflix rivals will soon be crowded with new entrants, including WarnerMedia’s HBO Max, which is hosting a media event on Oct. 29, and Comcast’s forthcoming NBCUniversal streaming service. Iger’s departure seemed inevitable, as both companies moved on a collision course in the looming Hollywood streaming wars.

Apple and Disney each issued admiring statements on Friday, with Iger lauding Apple CEO Tim Cook in a statement to the New York Times, and Apple hailing the Disney executive as “exemplary.”

DawnC331 my money is on pear

DawnC331 Disney's plan for world domination is almost complete. 😈

DawnC331 Goodbyes

DawnC331 Departed just after he left them with a very valuable two cents

DawnC331 Goodbye Bob!!

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The CEO of NetApp talks about moving to the cloud, transforming the business, and the lessons he learned from his twin brother — who happens to be the CEO of Google CloudNetApp CEO George Kurian and his brother Thomas, Google Cloud’s CEO, came to America together. They are now each leading a major tech transformation.
Source: BusinessInsider - 🏆 729. / 51 Read more »

BlackBerry CEO says after near-death experience the mobile company's turnaround has hit tipping pointBlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John Chen says he expects revenue to grow 23% to 27% in fiscal 2020.
Source: CNBC - 🏆 12. / 72 Read more »