Bob Iger, chairman-CEO of Walt Disney, has resigned from Apple's board of directors -- on the same day Apple announced the details of its forthcoming Apple TV+.
News of Iger's departure on Tuesday, September 10 comes via a September 13 filing with the Securities and Exchange Commission. His departure occurred on the day of Apple’s big September event, where it announced new versions of products and services, as well as details of Apple's new premium video service Apple TV+, set to launch on November 1, with nine original shows.This fall, November 12, Disney is also starting up a highly touted digital premium TV/movie service, Disney+. The new service has a deal with Apple -- via Apple TV set-top box devices and available iPad and iPhone devices.
In a March filing earlier this year, Apple said: "In the ordinary course of business, Apple enters into arms-length commercial dealings with The Walt Disney Company, including sales arrangements, digital services content-licensing agreements, and similar arrangement. Apple does not believe that Mr. Iger has a material direct or indirect interest in any such commercial dealings."
Iger has been an Apple board member since 2012. He has been close to the company ever since Disney’s purchase of Apple’s Pixar Animation Studios in 2006. In 2005, Disney was one of the first major companies to develop digital access for TV and movie content for its iTunes service, available on Apple devices.
In a statement to the press, Iger said: “I have the utmost respect for Tim Cook, his team at Apple and for my fellow board members. .. Apple is one of the world’s most admired companies, known for the quality and integrity of its products and its people, and I am forever grateful to have served as a member of the company’s board.”