Disney CEO resigns from Apple board as streaming war heats up

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With Apple TV+ ready to compete against Disney+, Bob Iger resigns from the Apple board.
With Apple TV+ ready to compete against Disney+, Bob Iger resigned from the Apple board.
Photo: Josh Hallett/Flickr CC

The Apple board of directors just lost a powerful member: Disney CEO Bob Iger. His resignation, revealed by an Apple filing to the Securities and Exchange Commission, comes as Disney and Apple prepare to launch competing streaming services.

Meanwhile, the new Disney offering garnered a rave early review that called it “more addictive than heroin.”

Apple video service might force Disney CEO out of board seat

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Bob Iger
Disney Chairman and CEO, Robert A. Iger.
Photo: (Disney/ABC/ Heidi Gutman)

Disney CEO Bob Iger’s seat on Apple’s board of directors might be at risk as both companies pursue video streaming services.

Apple hasn’t asked Iger to step down yet, but a new report shines light on what could soon become a very conflicted relationship. Disney and Apple have enjoyed close ties ever since Disney bought Pixar from Steve Jobs. Now it looks like the two companies are about to become close rivals.

Apple adds former Boeing exec to its board of directors

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James Bell is Apple's latest recruit for the board of directors.
Photo: Fly-news.eu

Apple has announced a new board member in the form of James A. Bell, previously the chief financial officer and corporate president of The Boeing Company.

“James brings a wealth of global, financial and industrial experience from his successful career at Boeing as corporate president and CFO,” Tim Cook said in a statement. “I am thrilled to welcome him to Apple’s board of directors and I look forward to working with him.”

Apple’s Board Of Directors ‘Deeply Concerned’ Tim Cook Isn’t Innovating Fast Enough [Report]

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2013 is, so far, what might be considered a year of regrouping for Apple. The company has seen huge success in the PC, smartphone and tablet markets, but it’s also pushed those about as far as they can go: Incremental improvements, not revolutions, are what we can expect for the Mac, iPhone and iPad from here on out. Meanwhile, the next big thing — the iWatch, the iTV, whatever — is still on the horizon.

To outsiders, it looks like Apple has stalled. Far from it. You only need to look at the changes Apple is making with iOS 7 to see that Cupertino isn’t standing still, and the company has signalled that it is committed to the future of OS X for at least the next 10 years. That said, all the products Apple is set to announce next month — the iPhone 5S, the iPhone 5C, the iPad mini 2 and the iPad 5 — are just sequels to what it’s already done.

People are getting impatient for the next major Apple revolution. And it’s not just outsiders. A new report suggests that Apple’s own board of directors is “deeply concerned” about Cupertino’s perceived slackening in the pace of innovation.