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Another day, another executive departure from Apple. This time, it’s Pete Distad, the lead of the company’s TV+ efforts, who is reportedly set to leave. According to Bloomberg, Distad is responsible for the business and operations side of the Apple TV app, Apple TV+, and Apple’s sports initiatives.
Distad’s role at Apple has been a critical one, as he has been responsible for establishing sports deals with Major League Soccer and Major League Baseball, and he has been working on Apple TV+ content deals since 2017. However, it seems his time at the company is coming to an end.
Distad’s departure will undoubtedly leave a significant hole at the company, but Apple has plans to fill it. The company is set to promote Jim DeLorenzo to take over the sports content side of things, and they’re currently searching for a replacement to oversee the TV business.
This isn’t the first time Apple has lost a services executive in recent months. It’s the third. Peter Stern, the former head of the services business, and Michael Abbott, the former head of cloud services, both left the company earlier this year.
While these departures may be concerning to some, it’s worth noting that Apple is a massive company with a robust team of executives. Plus, the company has a track record of bouncing back from executive departures in the past.
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For now, we’ll have to wait and see what impact Distad’s departure will have on Apple’s TV+ efforts. The streaming landscape is becoming increasingly competitive, with new services popping up all the time. However, with Apple’s resources and talent, it’s safe to say that the company will continue to be a significant player in the industry.