Disney CEO apologizes to school threatened with 'Lion King' fine - Business Insider

Disney CEO Bob Iger apologized after the company's licensing agent demanded $250 from an elementary school that showed 'The Lion King' at a fundraising event

on Thursday after the company's licensing agent went after an elementary school in California, demanding $250 for a showing of last year's "The Lion King" remake that occurred at a PTA fundraising event.

, that said it had been alerted to the school's "Lion King" showing. It informed the school that it needed to pay $250 for the showing and additional fees of $250 for any future showings, according to CNN.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Disney reports 26.5 million Disney+ subscribersDisney said in its fiscal Q1 earnings report on Tuesday that its new streaming service, Disney+, grew to 26.5 million subscribers during the quarter, up from the 10 million subscribers it noted a day after the service launched in November.
Read more »

Disney beats earnings expectations but does not update Disney+ guidanceFrom Disney’s “year for the ages” at the box office to the launch of Disney+, CEO Bob Iger talked to JBoorstin following the company’s better-than-expected earnings report.
Read more »

Disney Analysts Raise Stock Price Targets on Disney+ MomentumThe Walt Disney Co. earned Wall Street praise for the early momentum of its Disney+ streaming service, with some analysts raising their stock price targets. The stock was down in early Wednesday trading though. Details:
Read more »

Baboon grooms little lion cub in South Africa's Kruger parkA male baboon carrying and grooming a lion cub is an unusual sight, yet it happened over the weekend in South Africa's Kruger National Park
Read more »

Baby Yoda Helps Disney+ Snag 28.6 Million SubscribersCEO Bob Iger told investors the streaming service—led by The Mandalorian—is off to a strong start.
Read more »

Disney Plus To Launch on India’s HotstarThe Disney Plus streaming service is to be launched in India from the next month, piggybacking on the Hotstar platform that Disney acquired from Fox. Operations in India will include two tiers of s…
Read more »