Disney CEO Bob Iger left Apple's board because our 'paths were conflicting rather than converging'
"The reason I got off the board as they got more and more into creating television shows and movies, it became more clear to me our paths were conflicting rather than converging," Iger said in an interview with CNBC "Mad Money" host Jim Cramer. "I just thought it was the right thing to do."
"The business is still relatively small for Apple, but meaningful for Disney, and it wasn't right," Iger continued., the day Apple announced the price and release date for its streaming service. Apple plans to launch Apple TV+ on Nov. 1. It's a streaming service featuring Apple-created TV shows and video content that will run on iPhones, iPads, and other Apple products. It will cost $4.99 a month, but will be free for one year with new Apple products.Competition in streaming is heating up. In addition to Disney and Apple,
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