iWorld
Disney CEO Bob Iger resigns from Apple’s board
MUMBAI: Disney CEO Bob Iger has stepped down from Apple’s board of directors the day Apple announced the price and release date for its streaming service. The resignation comes at a time when both the companies are upping the game in the streaming business.
Apple revealed on 10 September, the day Iger departed, the new details about Apple TV+, a $4.99-per-month service that will launch on 1 November. Around the same time, Disney is also launching its streaming video service Disney+ on 12 November. As both the companies are looking at creating original content, the two services will increasingly come into conflict in the future.
“It has been an extraordinary privilege to have served on the Apple board for eight years, and I have the utmost respect for Tim Cook, his team at Apple, and for my fellow board members,” Iger said in a statement. “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,” he added further.
The two companies were in cordial relations for a long time. Iger and late Apple co-founder Steve Jobs were personal friends. Jobs became a Disney director and major shareholder when Disney bought Pixar. After Job’s death in 2011, Iger joined Apple’s board.
“While we will greatly miss his contributions as a board member, we respect his decision and we have every expectation that our relationship with both Bob and Disney will continue far into the future,” Apple said in a statement.
iWorld
Zee Music elevates Sujal Parekh to senior management personnel role
Former Warner Music executive to drive next phase of music growth
MUMBAI: Zee Music Company has elevated Sujal Parekh to the role of senior management personnel, signalling a sharper push on scaling its music business.
Parekh, who currently serves as business head at the company, will now spearhead the next phase of growth, with a focus on expanding Zee Music’s footprint across platforms and audiences.
With over two decades of experience, Parekh brings a strong mix of financial and operational leadership, largely within the media and entertainment sector. Prior to joining Zee Music, he held key leadership roles at Warner Music Group, where he served as general manager operations for India and SAARC, and earlier as finance director for the region.
During his tenure at Warner, Parekh played a central role in strengthening the company’s regional presence. He led the acquisition and integration of platforms such as Divo TV, E-Positive, SkillBox and Global Music Junction, helping expand its reach across digital media, regional content, artist management and live entertainment.
Before Warner, Parekh spent over a decade with Bigtree Entertainment Pvt. Ltd., where he rose through the ranks across finance roles, eventually serving as associate vice president finance.
His early career included stints in audit and accounting, building a solid foundation that has underpinned his leadership journey in the music and media business.
With this elevation, Zee Music is clearly tuning its leadership bench for growth, betting on Parekh’s blend of strategic and operational expertise to hit the right notes in an increasingly competitive music landscape.
