Disney CEO Bob Iger Staying on Apple's Board, Will 'Continue to Monitor' Situation

Disney CEO Bob Iger has sat down with CNBC's David Faber to discuss a wide range of topics, including the company's upcoming streaming service Disney+ and how that will impact his position on Apple's board of directors.

cnbc bob iger
Despite the fact that Disney+ will compete with Apple's upcoming TV+ streaming service, Iger said the business of direct-to-consumer television or movies is "still very small" to Apple. At this point, Iger doesn't believe the situation is "problematic," but said it is one he will "continue to monitor."


Transcript via CNBC:

DAVID FABER: The Apple board. It's another thing I just was curious about. Can you stay on that board?

BOB IGER: Well, obviously, when you sit on the board of a publicly traded company, you have to be very mindful or your responsibilities, fiscal responsibilities to the shareholders of that company, and I have been. When the business of direct-to-consumer or television or movies is discussed on the Apple board, I recuse myself from those discussions. There aren't many of them. It's still very small business to Apple. And I'm not at the point where I, you know, I believe it's problematic, but it's something that I have to continue to monitor.

Apple named Iger to its board of directors in 2011 under the leadership of CEO Tim Cook.

Disney+ will feature both new and existing movies and series from Disney and its brands, including Pixar, Star Wars, Marvel, and National Geographic. It will also offer series from Fox, including all 30 seasons of The Simpsons.

The service is slated to launch November 12 for $6.99 per month in the United States, with a worldwide rollout in major countries expected by 2021. Disney+ will be accessible on the web, smartphones, smart TVs, tablets, media players like Roku, game consoles like the PS4, and likely the Apple TV.

Apple TV+ will feature original movies and TV shows with well-known directors, producers, and actors such as Jennifer Aniston and Steven Spielberg. The service will be accessible through Apple's TV app on iPhone, iPad, Apple TV, and the Mac starting in the fall, but Apple has yet to reveal pricing.

Top Rated Comments

aaronhead14 Avatar
27 months ago
Not gonna lie... AppleTV+ still sounds lame, but Disney+ sounds awesome.
Score: 40 Votes (Like | Disagree)
Moonlight Avatar
27 months ago
Iger is WAY smarter than Cook and it shows.
Score: 22 Votes (Like | Disagree)
Kermit262 Avatar
27 months ago
I'm a huge fan of Apple and Disney, but in in this case there is no contest - we will be subscribing to Disney+ and passing on Apple TV+.
Score: 18 Votes (Like | Disagree)
Baymowe335 Avatar
27 months ago
Iger is WAY smarter than Cook and it shows.
Because?

Ridiculous, unfounded statement.

Go over to DISboards or WDWForums and see what they think about Iger.

From a factual perspective, AAPL has outperformed DIS over the last 10 years and is about 4 times the size.

Cook added $600B in market cap to AAPL since he took over, or about 3 total Disney companies.

Again, Cook has a better record with his company than Iger. Fact. He’s performed better in terms of annual returns (easily) and added FAR more total value.

Iger is CEO of a media company and they STILL don’t have a streaming service. Based on market response today, they’ve been dying to have it and Disney was SUPER late.

I own shares in both companies and think Disney is a top 5 company, but Cook has done better.
Score: 18 Votes (Like | Disagree)
AngerDanger Avatar
27 months ago
Gotta commend [USER=696996]@Joe Rossignol[/USER] for not using that standard photo of Iger where he looks like he's blowing up the Disney World Castle.


[I]Explosion courtesy of BlinkFarm ('//www.youtube.com/watch?v=HscGgC0MtZ0')[/I]
Score: 16 Votes (Like | Disagree)
Analog Kid Avatar
27 months ago
I really hate the fragmentation in the streaming market, and it seems to be driven by the fact that everyone wants to own the end to end experience. I feel like the consumer would benefit much more from a separation of content providers and delivery services. If I had my druthers, I'd be watching Disney content on Apple hardware through the Netflix service.

I'm starting to feel like Netflix is going to get squeezed out if it keeps heading in this direction, which would be a shame because they really did remake the face of media consumption.
Score: 15 Votes (Like | Disagree)

Top Stories

tracking disabled ios 14 5

Analytics Suggest 96% of Users Leave App Tracking Disabled in iOS 14.5

Friday May 7, 2021 1:51 am PDT by
An early look at an ongoing analysis of Apple's App Tracking Transparency suggests that the vast majority of iPhone users are leaving app tracking disabled since the feature went live on April 26 with the release of iOS 14.5. According to the latest data from analytics firm Flurry, just 4% of iPhone users in the U.S. have actively chosen to opt into app tracking after updating their device...
tile amazon sidewalk integration

Tile to Leverage Amazon Echo and Ring Devices to Better Compete With AirTags

Friday May 7, 2021 2:07 pm PDT by
Amazon today announced that it is teaming up with Tile to add Amazon Sidewalk integration to Tile's Bluetooth trackers. Amazon Sidewalk, for those unfamiliar, is a network of Amazon Bluetooth devices that's designed to improve the connectivity of devices like the Ring and Amazon Echo. Tile will now be joining Amazon Sidewalk, and through this integration, Amazon Echo and Ring devices will be ...
Top Stories 59 Feature

Top Stories: Epic Games vs. Apple, Hidden AirTag Mode, Apple Music Hi-Fi, Colorful MacBook Air?

Saturday May 8, 2021 6:00 am PDT by
While we wait for the newly introduced iMac, iPad Pro, and Apple TV models to launch later this month, this week saw the kickoff of the big Epic Games v. Apple trial, with lots of juicy tidbits coming out as the two sides make their arguments. This week also saw some rumors about a Hi-Fi tier for Apple Music, more biometric sensing capabilities for Apple Watch, and timing for the...
airtag hacked

AirTag Successfully Hacked to Show Custom URL in Lost Mode

Monday May 10, 2021 1:52 am PDT by
The inevitable race to hack Apple's AirTag item tracker has reportedly been won by a German security researcher, who managed to break into the device's microcontroller and successfully modify its firmware. Yesss!!! After hours of trying (and bricking 2 AirTags) I managed to break into the microcontroller of the AirTag! 🥳🥳🥳/cc @colinoflynn @LennertWo pic.twitter.com/zGALc2S2Ph— stacksmashing ...
macbook colors 3d black bezels

Prosser: Next MacBook Air Could Come in Colors Similar to iMac

Friday May 7, 2021 6:55 am PDT by
According to Apple leaker Jon Prosser, Apple's upcoming release of the MacBook Air will feature various colors, similar to the colors in the newly released 24-inch iMac. In the latest video of his YouTube channel Front Page Tech, Prosser says the same source who accurately provided him information on the first Apple silicon iMac coming in colors has told him that he recently saw a prototype...
zoom app icon

Apple Gave Zoom Access to Special API to Use iPad Camera During Split View Multitasking

Sunday May 9, 2021 2:00 am PDT by
Zoom, a hallmark platform used by millions during the global health crisis, has been given access to a special iPadOS API that allows the app to use the iPad camera while the app is in use in Split View multitasking mode. This case of special treatment was first brought to attention by app developer Jeremy Provost, who, in a blog post, explains that Zoom uses a special API that allows the...
Apple 5G Modem Feature

Kuo: Apple-Designed 5G Modem May Debut in iPhones as Early as 2023

Sunday May 9, 2021 10:02 pm PDT by
Apple plans to adopt its own custom-designed 5G baseband chip starting with the 2023 iPhones, meaning it'll no longer need to rely on Qualcomm to supply the 5G cellular modem for the iPhone, Apple analyst Ming-Chi Kuo said today in an investors note obtained by MacRumors. According to Kuo, Apple plans to include its own custom-designed 5G baseband chip starting with the launch of the 2023...
3d printed airtag case siri remote

3D-Printed Case Lets You Attach an AirTag to Your Apple TV Remote

Monday May 10, 2021 8:11 am PDT by
Apple recently released a redesigned Siri Remote with a physical clickpad, but if you have an original Siri Remote laying around that you still plan on using, you may be interested in getting an AirTag case for the remote. Etsy user PrintSpiredDesigns has capitalized on the opportunity with a new 3D printed, made-to-order AirTag case for the original Siri Remote. The remote slides into the...
iPhone 13 Camera Backs

iPhone 13 Models Will Be Slightly Thicker and Will Have Larger Camera Bumps

Monday May 10, 2021 10:41 am PDT by
Apple's upcoming iPhone 13 models will be slightly thicker than the iPhone 12 models and will also feature larger, thicker camera bumps with lenses that protrude less, according to iPhone 13 schematics seen by MacRumors. The new iPhone 13 and 13 Pro models are expected to feature a thickness of 7.57mm, up from 7.4mm in the iPhone 12 models. That's an increase of 0.17mm, which won't be hugely ...
ifixit m1 macbook teardown

Leaked MacBook Schematics Have Aided Independent Technicians Performing Complicated Repairs

Monday May 10, 2021 8:51 am PDT by
Independent technicians have reportedly been able to use leaked MacBook schematics to aid repairs (via Vice). Last month, Apple supplier Quanta Computer was hit with an attack by the ransomware group known as "REvil," leading to a large quantity of internal Apple documents about both released and unreleased devices being exposed. The leaked PDFs, available on a number of forums and online...