Kevin Mayer Latest Celebrity News & Gossip

Former Disney and TikTok executive Kevin Mayer is exploring a deal to roll up several independent media and entertainment companies,including Scooter Braun’s Ithaca Holdings and Ben Silverman’s Propagate Content,sources with knowledge of the talks tell The Hollywood Reporter. Blackstone is financing the venture and is expected to invest a minimum of $2 billion as part of an expansion of its media and entertainment holdings, says a knowledgeable source.

Began hearing this last week, but the drums are beating louder that Scooter Braun is in early discussions to sell his business, Ithaca, to former Disney and Tiktok honcho Kevin Mayer, who has backing through Blackstone. This is one of three offers being mulled.

Cynthia Littleton Business EditorDisney alums Kevin Mayer and Tom Staggs are in the early stages of shopping for content companies to roll up into a larger operating company with backing from private equity giant Blackstone.

Entertainment finance firm Forest Road and a team of A-list media insiders from Tom Staggs to Kevin Mayer have closed a $300 million IPO of a new SPAC – a special purpose acquisition vehicle they’ll use to buy a private company in media, tech or telecom.

Also Read: Inside the 'Mulan' Flameout in China and Why Hollywood Can't Seem to Bridge the Culture GapFormer DTC head Kevin Mayer had previously warned the company would most likely never release viewership info. Nielsen Data released last month said the film was viewed for an estimated 525 million minutes in the U.S.

Dade Hayes Finance EditorKevin Mayer, who spearheaded Disney’s pivot to direct-to-consumer streaming and briefly served as TikTok’s CEO, has joined billionaire Len Blavatnik’s investment company Access Industries as a senior media adviser.Blavatnik has stakes in Warner Music Group, which recently had a successful IPO, as well as sports streaming service DAZN and music and audio streaming outlet Deezer.Mayer, who had been in talks with private equity firm RedBird Capital, will focus on Access’

Todd Spangler NY Digital EditorKevin Mayer, previously a top Disney executive and — briefly — CEO of TikTok, has joined Len Blavatnik’s Access Industries investment firm as a senior adviser, focusing on the media sector.Mayer, who worked at Walt Disney Co. for more than two decades and steered the launch of Disney Plus a year ago, will focus on Access’ strategic media-related businesses and identify new opportunities across media, entertainment and telecommunications sectors.

a filing with the SEC, Mayer will serve as a strategic advisor, Staggs will be director and chairman of the Strategic Advisory Committe and Salil Mehta, another former Disney executive, will be the Chief Financial Officer.O’Neal will also be a strategic adviser, as will producer Mark Burg.

a filing with the SEC, Mayer will serve as a strategic advisor, Scaggs will be director and the Chairperson of the Strategic Advisory Committee, and Salil Mehta, another former Disney exec, will be the Chief Financial Officer.O’Neal will also be a strategic adviser, as will producer Mark Burg, and Martin Luther King III will be a director.Also Read: Behind Kevin Mayer's Sudden Exit From TikTok: Bad Fit, Reputation FearsThe special-purpose acquisition company (or SPAC) plans to raise $250 million

Jill Goldsmith Co-Business EditorThere’s a SPAC born every minute – today a new one called Forest Road Acquisition registered with the SEC to raise $250 million and hunt for media and entertainment deals with executives and advisors from former TikTok CEO Kevin Mayer and former Walt Disney CFO Tom Staggs to basketball legend Shaquille O’Neal.SPACs, or special purpose acquisition vehicles, proliferate when there’s more money floating around than there are places to invest for various reasons —

Jill Goldsmith Co-Business EditorA new TikTok Global would file for an initial public offering in the U.S. in about a year under a plan still awaiting approval by President Trump that would see Oracle and Walmart as major investors in the video sharing app, according to reports Thursday.TikTok is said to have approached Instagram cofounder Kevin Systrom about becoming CEO following the departure of Kevin Mayer, according to news reports.

Todd Spangler NY Digital EditorNeedless to say, this isn’t how Kevin Mayer expected his bold career move to go.Mayer, after just three months on the job as TikTok’s CEO and chief operating officer of Chinese parent company ByteDance, said Wednesday that he is resigning amid the tumultuous geopolitical climate battering TikTok — led by Donald Trump’s anti-China agenda — which ultimately will force ByteDance to sell the TikTok app business in the U.S. (and likely other countries).

TikTok is going through another major shakeup.

Dominic Patten Senior Editor, Legal & TV CriticLess than four months after leaping over from the Walt Disney Company, Kevin Mayer has resigned as the CEO of TikTok.“In recent weeks, as the political environment has sharply changed, I have done significant reflection on what the corporate structural changes will require, and what it means for the global role I signed up for,” Mayer wrote today to staff at the ByteDance controlled short video-sharing app.

Peter White Television EditorDisney+ content chief Agnes Chu is leaving the Mouse House to head up Condé Nast Entertainment’s video push.Chu, who was SVP, content for the nascent streamer, is set to become president of the publishing company’s studio and distribution division.

Jill Goldsmith Co-Business EditorTiktok CEO Kevin Mayer said Wednesday the company will do what it takes to ensure TikTok’s availability and success as pressure builds to ban the hugely popular Chinese-owned app in the U.S., and as a report circulated that some American investment firms have suggested taking a majority stake.“We are willing to take all necessary steps to ensure the long-term availability and success of TikTok.

Also Read: We Need to Talk About Kevin Mayer: What Disney Exec's Move to TikTok Means for Booming Social PlatformTikTok has surged in the last year, routinely sitting at or near the top of Apple’s App Store and the Google Play app store.

Tom Grater International Film ReporterPopular social media platform TikTok will exit Hong Kong imminently following the introduction of China’s new national security law in the semi-autonomous territory.Though the platform was founded in China by developer ByteDance, the app, which is now run by former Disney exec Kevin Mayer, is only available outside of the Middle Kingdom.

Not long after Randy Freer stepped down as CEO of Hulu, Kelly Campbell got a call from Disney direct-to-consumer and international chairman Kevin Mayer. He wanted the Hulu CMO to vie for the job as the streamer's president.

The Walt Disney Co. keeps reworking its organizational structure following the departure of Kevin Mayer and elevations of Rebecca Campbell and Josh D'Amaro.

To outsiders, Disneyland Resort president Rebecca Campbell was a surprise choice to succeed Kevin Mayer as chairman of Disney Direct-to-Consumer & International.

With The Walt Disney Co. naming Rebecca Campbell to succeed newly named TikTok CEO Kevin Mayer as chair of its direct-to-consumer and international business unit, Wall Street analysts on Tuesday chimed in on what his departure and her rise to the key role mean for the Hollywood powerhouse.

With Chinese conglomerate ByteDance's fast-growing social media app TikTok naming Kevin Mayer, the Disney executive who oversaw the launch of streaming service Disney+, its new CEO late Monday, Wall Street analysts weighed in on the appointment and what it means for the broader sector.

Kevin Mayer, the Disney executive who oversaw the launch of the streaming service Disney+, is leaving his post at the entertainment giant to become CEO of the fast-growing social media app TikTok.Disney veteran Rebecca Campbell will succeed him as chairman of director-to-consumer and international."I am very proud of what our extraordinarily talented direct-to-consumer and international team has accomplished in creating and delivering a world-class portfolio of streaming services, particularly

Disneyland President Rebecca Campbell Takes Over Direct-to-Consumer and International Division

By Jill Goldsmith