Former Disney Exec Kevin Mayer Finds New Gig After Troubled Stint at Tik Tok
Former Disney Exec Kevin Mayer is job-hopping again! According to a recent piece in Variety, Mayer who had recently been a top Disney executive responsible for the launch of Disney+ is moving on from his VERY brief stint as the head of TikTok and heading to a private investment firm.
He will now take on the role of senior advisor for Access Industries with a focus on the media sector.
For more than 20 years Mayer worked for Disney culminating in the launch of Disney+ last year. Mayer was chairman of Disney’s direct-to-consumer and international division, including Disney Plus, Hulu, ESPN Plus and Hotstar; its international media and studio operations; global ad sales; and global content and channel sales. Before that, Mayer assisted with the acquisitions of Pixar, Marvel, Lucasfilm and most of 21st Century Fox’s assets.
It is believed that Mayer left Disney earlier this year when Bob Iger stepped down as CE for the company and the role went to Bob Chapek.
After making a decision to part ways from Disney, Mayer became CEO to TikTok in May of 2020 as well as COO of parent company Byte Dance. However, just three months later he resigned from the company after the Trump administration ordered the Beijing-based company to sell the company to American buyers over claims that the app represented a threat to national security. A federal court temporarily blocked President Trump’s order banning TikTok, which has been set to go into effect Nov. 12 in the absence of ByteDance’s sale of control of the app.
Access Industries released a statement saying that “Kevin has an unrivalled depth of experience building successful global media and entertainment enterprises.” It continues, “He will bring invaluable knowledge and insight across a range of Access’s investment areas.”
Mayer will focus on Access Industries’ strategic media-related businesses and identify new opportunities across media, entertainment and telecom sectors. Access owns significant equity stakes in Warner Music Group, sports streaming service DAZN, music and audio streaming service Deezer, among other companies.
Mayer said of the new role, “I look forward to helping Access build on the success of its leading media and entertainment businesses as a key component of my future endeavors. Len has created a company with a variety of impressive assets well positioned to move forward strongly in the years ahead.”
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Source: Variety