Bob Iger on Thursday apologized after Disney fined a parent teacher association in Berkeley, California, for showing The Lion King during a "parents' night out" fundraiser for the elementary school.

Disney's licensing company, Movie Licensing USA, sent a letter to the school last month saying it needed to pay $250 for showing the 2019 film during the event, CNN reported.

"One of the dads bought the movie at Best Buy," PTA president David Rose told CNN. "He owned it. We literally had no idea we were breaking any rules."