Apple's Video Plans Put Disney Chief's Board Seat at Risk
- Disney CEO Bob Iger has been an Apple director since 2011
- Both companies are building video streaming services
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Apple Inc.’s foray into original TV shows and movies is increasing competition with Walt Disney Co., potentially putting Bob Iger’s board seat at the iPhone maker at risk.
Apple has been buying shows and movies at festivals and funding its own content that the company plans to package this year into a streaming video service. It’s set to preview the offering with Hollywood stars at an event March 25 in Cupertino, California.