Sandberg, Dorsey to leave the Disney board

Sandberg, Dorsey to leave the Disney board

Following their respective companies' push into generation of video content on their platforms, Facebook Chief Operating Officer (COO) Sheryl Sandberg and Twitter CEO Jack Dorsey are leaving Walt Disney's board, a regulatory filing has revealed.

"Given our evolving businesses and the businesses of Ms. Sandberg and Mr. Dorsey are in, it has become increasingly hard for them to avoid conflicts relating to Boad matters, and they are not standing for re-election", Disney said in a statement.

Neither has addressed their departure.

Twitter and Facebook executives are running into some problems with Disney.

Dorsey's company announced a year ago video streaming partnerships with 16 media companies, which included some of Disney's competitors.

More news: Car Crashes into Second Floor Building in California, 2 Hurt
More news: Local Red Cross Needs Your Help
More news: Manchester United confident of signing Alexis Sanchez from Arsenal

Facebook launched its "Watch" tab earlier this year to show live and recorded video, including a weekly Major League Baseball game.

The report said apart from its plans to create its own video streaming service in 2019 that is dedicated to movies and television shows, Disney also meant to debut an ESPN Plus streaming service this year. Facebook live-streamed 15 college-football games in 2017 in a deal with Stadium, a digital sports broadcaster.

Sandberg and Dorsey's exit won't be the only change to Disney's board.

Other directors who would not stand for re-election are Orin Smith, the 75-year-old lead independent director, and Robert Matschullat, 70, because of term and age limits for board members.

Dorsey had been on the board since 2013 and Sandberg has served since 2010.

Related Articles

  • Josh McDaniels, Mike Vrabel Emerge As Top Candidates For Colts Job

    Josh McDaniels, Mike Vrabel Emerge As Top Candidates For Colts Job

    Offensive coordinator Josh McDaniels is the favorite to land the Indianapolis Colts' job, according to NFL Media's Ian Rapoport . Eberflus has nine years of experience in the National Football League , with the last seven being the Cowboys linebackers coach.
    Magnitude 7.3 Earthquake Hits Coast of Southern Peru

    Magnitude 7.3 Earthquake Hits Coast of Southern Peru

    Arequipa Governor Yamila Osorio said adobe houses had collapsed in some areas and landslides were blocking some roads. The Pacific Tsunami Warning Centre said that " hazardous tsunami waves are forecast for some coasts".
    Hamas official injured as vehicle  explodes in southern Lebanon

    Hamas official injured as vehicle explodes in southern Lebanon

    Sidon, which lies some 40 kilometres south of the capital Beirut, is home to two of Lebanon's 12 Palestinian refugee camps. Firefighters rushed to the scene to put out the flames, while security forces cordoned off the area.
  • Jeremy Corbyn Refuses To Rule Out Supporting Second EU Referendum

    Jeremy Corbyn Refuses To Rule Out Supporting Second EU Referendum

    Asked if he was saying Labour would never support a second referendum, the Labour leader would only say his party was not calling for one.
    Sub-zero wind chills forecast Sunday, Monday; snow possible Tuesday

    Sub-zero wind chills forecast Sunday, Monday; snow possible Tuesday

    In addition to the Arctic air, once again areas primarily north of Tulsa could see some flurries or light snow on Monday . As sunshine continues to break out of the clouds, high temperatures will reach the low to mid 30s across the area.
    Arsenal beaten at Bournemouth without Sanchez

    Arsenal beaten at Bournemouth without Sanchez

    It didn't take long for Arsenal to finally find the net in the second half and the breakthrough came from Bellerin on 52 minutes. The victory moved AFC Bournemouth from 17th to 13th in the Premier League , four points above the drop zone.
  • The Latest News from Nintendo

    The Latest News from Nintendo

    Mario + Rabbids Kingdom Battle will also be getting a new story update where players will be able to take control of Donkey Kong . The trend of Wii U ports continued, with both Donkey Kong Country: Tropical Freeze and Hyrule Warriors: Definitive Edition .
    Mario Tennis Aces: trailer and first details

    Mario Tennis Aces: trailer and first details

    If December is any indication of what's to come, Sony could be in for a rough ride in 2018 going head-to-head against the Switch. Action-RPG Ys VIII: Lacrimosa of Dana features rhythmic battles, large monsters, anime cutscenes, and base-building.
    Trump Must Apologize for 'Shithole' Remark, African Countries Say

    Trump Must Apologize for 'Shithole' Remark, African Countries Say

    Trump allegedly said after being presented with a proposal to restore protections for immigrants from the countries in question. Democratic senator Dick Durbin also condemned Mr Trump's language during the meeting as "hate-filled, vile and racist".
  • Q2 2018 EPS Estimates for Accenture Plc Increased by Analyst

    As per Thursday, October 19, the company rating was maintained by Jefferies. ( NYSE:CLH ), 6 have Buy rating, 0 Sell and 8 Hold. LLC now owns 1,215 shares of the company's stock valued at $138,000 after buying an additional 185 shares in the last quarter.
    Bournemouth register first-ever win over sorry Arsenal

    Bournemouth register first-ever win over sorry Arsenal

    The Gunners defeat means they are still yet to win in 2018, and have only take maximum points from three out of 12 Premier League fixtures this season.
    Dark Souls Remastered Will Have 4K Resolution, HDR, 60 FPS

    Dark Souls Remastered Will Have 4K Resolution, HDR, 60 FPS

    Lastly, what helps tie both of these together is that both indicate that Dark Souls Remastered will be arriving in May. This is not the first time that there has been speculation about Dark Souls remasters.