Jordan Strauss, Invision/Associated Press
Chairman and CEO of The Walt Disney Company, Bob Iger arrives at the 91st Academy Awards Nominees Luncheon on Monday, Feb. 4, 2019, at The Beverly Hilton Hotel in Beverly Hills, Calif.

SALT LAKE CITY — Disney CEO Bob Iger isn’t running for president.

Deadline reports that Jeffrey Katzenberg, a top Democratic Party donor, revealed that Iger told him he doesn’t plan to run for the presidency in 2020.

  • “When it comes to giving, it's not just giving money, but giving of yourself,” he said, according to Deadline.
  • “Bob gives as a friend, whenever I asked he gave, except one time.”
  • “Not matter how much I begged Bob, he just wasn’t willing to run for President of the United States. Our loss.”

Iger responded to Katzenberg’s comments, specifically about his aspirations to be president, Deadline reports.

  • “He promised me he would never bring that up again, particularly with my wife in the room,” Iger said.

But Iger had more to say about social media and how detrimental it can be to the American society, according to Variety.

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  • “Hitler would have loved social media,” Iger said, according to Variety. “It’s the most powerful marketing tool an extremist could ever hope for because by design social media reflects a narrow worldview filtering out anything that challenges our beliefs while constantly validating our convictions and amplifying our deepest fears.”
  • “It creates a false sense that everyone shares the same opinion,” Iger said, according to Variety. “Social media allows evil to prey on troubled minds and lost souls and we all know that social news feeds can contain more fiction than fact, propagating vile ideology that has no place in a civil society that values human life.”

Bigger picture: Iger’s criticisms come days after lawmakers and regulators have been critical of tech giants like Facebook, Twitter and Google, CNBC reports.