Facebook and Twitter executives have a conflict of interest with Disney. Sheryl Sandberg & Jack Dorsey won’t seek re-election to Disney’s board over conflicts of interests.
The social media giants have branched into Disney’s territory — news outlets point to Facebook & Twitter vying to stream live sports events and other media.
This is a big deal for Disney, which owns ESPN. The company said it’s getting more difficult to avoid these types of conflicts.
Disney is acknowledging that Facebook & Twitter’s roles as media companies — something Facebook, at least, has been reluctant to publicly embrace.