Disney, Facebook And Twitter Are Having Trouble Avoiding Conflicts

2017 shows the logo of theme parks

2017 shows the logo of theme parks"Disney Store on the Champs Elysees Avenue in Paris France

Facebook Chief Operating Officer Sheryl Sandberg and Twitter Chief Executive Jack Dorsey aren't up for re-election when the company holds its annual shareholder meeting March 8, in Houston, Texas, according to a regulatory filing.

The CEO of Twitter and COO of Facebook are leaving Disney's board due to conflicts of interest, as Disney gears up to launch a digital streaming service to rival Netflix.

"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.

In the recent years, Twitter has signed deals with the NFL and MLB, among other sports leagues, to livestream certain games.

Disney has begun to delve into video programming, an area that Twitter and Facebook are also branching into. Dorsey's firm announced video streaming partnerships in May with 16 media companies, including some Disney competitors. That competes directly against Disney-owned ESPN offerings covering the same sport.


The changes will leave the Disney board with one fewer director than past year as the company pursues its proposed $52.4 billion acquisition of most of 21st Century Fox Inc.

Disney said former Starbucks CEO Orin Smith and private equity investor Robert Matschullat would exit the entertainment giant's board.

Two new members will step.

Safra Catz, co-CEO of software giant Oracle Corp., and Francis Desouza, head of Illumina Inc., will join the board on February 1.

CEO Bob Igler will continue to serve as chairman of the board.

Recommended News

  • South Africa 78-0, Markram on 51 in 2nd test against India

    South Africa 78-0, Markram on 51 in 2nd test against India

    Mohammed Shami needs one more wicket to reach 100 Test scalps. "Frankly, it (the first Test) was a good match". While they have drawn thrice, only England (2010) and Australia have managed to beat them once each here.
    U.S.  can not  undermine Iran nuclear deal: Rouhani

    U.S. can not undermine Iran nuclear deal: Rouhani

    One senior administration official said Mr Trump would be open to remaining in a modified deal if it were made permanent. Tehran has responded to the latest USA sanctions over Iran's alleged human rights abuses and ballistic missile program.
    Makar Sankranti 2018: All you need to know about the festival

    Makar Sankranti 2018: All you need to know about the festival

    To mark this auspicious day, people across the country thronged the bank of river Ganga to take holy dip and offer special puja. People gift the laddoos to each other and say " Til gul ghyaa, god-god bola" (accept this til-gul and speak sweetly).
  • For first time in 10 years, Tomic won't play Australian Open

    For first time in 10 years, Tomic won't play Australian Open

    He lost in the third round last year and in the fourth round in 2016, the year he reached a career-high No. 17 ranking. Live commentary on the best matches on BBC Radio 5 live, 5 live sports extra and online.
    White House doctor: Donald Trump is 'in excellent health'

    White House doctor: Donald Trump is 'in excellent health'

    His famous "Islam hates us" needs no commentary- yes the religion of over 1.6 billion people came in the line of his fire. He then reportedly asked why the United States didn't bring in more immigrants from a country like Norway .
    Tina Smith To Replace Disgraced Sen. Al Franken

    Tina Smith To Replace Disgraced Sen. Al Franken

    And can we depend on Smith to be an equally passionate champion of the women's and reproductive rights she's been affiliated with in her past? So far State Senator Karin Housley is the only Republican to announce that she will challenge Smith for the seat.
  • Search Continues for Missing After Mudslides in California

    Search Continues for Missing After Mudslides in California

    County emergency manager Jeff Gater said officials decided not to send one sooner out of concern it might not be taken seriously. A luxury sports vehicle is covered in mud and debris caused by a massive mudflow in Montecito, California , January 10, 2018.

    Investor's Watch List: Discovery Communications, Inc. (DISCA), MGM Resorts International (MGM)

    Robecosam Ag who had been investing in Intel Corp for a number of months, seems to be bullish on the $202.36B market cap company. Schwab Charles Investment Management Inc. raised its stake in shares of MGM Resorts International by 5.7% in the second quarter.
    2nd Test: SA 269/6 at stumps on Day 1

    2nd Test: SA 269/6 at stumps on Day 1

    But, Aiden Markram was fluent, and Elgar refused to give his wicket away, the pair adding 85 for the first wicket. But it turns out to be a bad call by India as the ball hit SA skipper above the flap of his front pad.
  • AU ambassadors say Trump must apologise to Africans for 'racist' slur

    AU ambassadors say Trump must apologise to Africans for 'racist' slur

    That was the USA economy's annual rate of growth from July through September, according to Commerce Department data last month. One lawmaker in Ghana called for a boycott by developing countries against the United States until Trump leaves office.
    Trump Offers Vague Denial About Language on Immigrants

    Trump Offers Vague Denial About Language on Immigrants

    The president implied Friday morning on Twitter that maybe he should start recording meetings because there is no trust. The ANC is not in a position to stop any president from any country from saying anything they wish, she said.
    Oregon Ducks Need Another Complete Game Effort Against Arizona Wildcats

    Oregon Ducks Need Another Complete Game Effort Against Arizona Wildcats

    OR used a late spurt to go up eight points and hit four free throws in the final 32 seconds to earn its biggest win of the season. Brecca Thomas had 12 points and Mya Hollingshed scored 10 as the reserves accounted for 31 points for the Buffaloes (11-5, 2-3).

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.