Disney’s head of streaming leaves to become CEO of TikTok

Must read

Coronavirus: Government’s rough sleeping strategy ‘out of step’

Asked whether the review into the ending rough sleeping strategy would take place, the spokesman said: "Our ambition to end rough sleeping within this...

TikTok: All under-16s' accounts made private

The move means only approved followers can view videos made by users aged 13-15. Credit: Source link
StudentObserverhttp://www.studentobserver.co.uk
This is an online news portal that aims to share latest news about these topics "news, business, health, sports, technology " and much more stuff like that. Feel free to get in touch with us!

Kevin Mayer, Disney’s most senior executive in charge of streaming, is leaving the company to become CEO of TikTok, the short video sharing app. Mayer resigned on Monday.

The New York Times reports that Mayer will act as chief operating officer of TikTok’s parent company ByteDance.

TikTok is that rare Chinese owned digital company that has moved beyond its home country to have major success in the West. The app has been downloaded 1.9 billion times according to the Times, a phenomenally high number. It has appealed to a generation brought up on Snapchat, and the generation before it that remembers the art of Vine.

Mayer told the Times: “I was happy with my job at Disney [but] the magnitude of this opportunity was just something I couldn’t pass up.”

In the context of his Disney career, Mayer has helped lead the company’s Disney+ streaming service that had a very successful launch late last year. Earlier he was also instrumental in helping the company acquire huge firms like Pixar, Lucasfilm and the Marvel franchise, the building block of the Disney+ service aside from Disney’s own vault of content.

Many viewed him as the logical successor to Bob Iger, the former CEO who stepped down recently. But Iger was replaced by Bob Chapek, Disney’s chairman of theme parks. Mayer, it seems, saw it as time to move on.

“Kevin has had an extraordinary impact on our company over the years,” Chapek said in a statement. “Having worked alongside Kevin for many years on the senior management team, I am enormously grateful to him for his support and friendship.”


Credit: Source link

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest article

History Of The Great Joe Louis

The era of the Brown Bomber, Joe Louis was one of the greatest and most colorful boxers to grace the sport. Only Jack Dempsey since...

NI businesses reject minister’s claim that supply chain problems caused by Covid, not Brexit

Northern Ireland businesses and hauliers have rejected a government minister’s claim that disruptions to supply chains since the New Year were down to Covid...

Storm Christoph: Flood warnings in parts of England

The Environment Agency issued 15 flood warnings, meaning flooding is expected and immediate action required, covering parts of Yorkshire, Cambridgeshire, Lincolnshire, Leicestershire, Merseyside, Staffordshire...

E-scooters must follow rules of road 'same as bus'

A woman banned from the roads for drink-driving an e-scooter is told the same rules and penalties apply. Credit: Source link

Tokyo Olympics 'unlikely to go ahead in 2021'

Former London 2012 Olympics boss says Tokyo event likely to be disrupted by Covid-19 pandemic. Credit: Source link