Kevin Mayer resigns from Disney to become CEO of TikTok

nanoguy

Posts: 484   +7
Staff member

Kevin Mayer, who previously served as chairman of Disney's direct-to-consumer and international division, is now headed to ByteDance where he will use his 25 years of experience to be the new CEO of daughter company TikTok, which is well known for being one of the hottest social apps among teenagers.

Mayer will also serve as Chief Operating Officer (COO) for ByteDance, assuming the responsibility of managing global expansion across different markets like music and gaming. In addition to that, he will be in charge of sales, marketing, public affairs, security, and legal matters, and will start exercising that role from June 1 and report to Yiming Zhang, ByteDance's Founder and CEO.

Yiming noted in a press release that "Kevin's wealth of experience building successful global businesses makes him an outstanding fit for our mission of inspiring creativity for users globally. As one of the world’s most accomplished entertainment executives, Kevin is incredibly well placed to take ByteDance's portfolio of products to the next level."

Initially, Kevin Mayer was a prime candidate to take the place of Bob Iger at the helm of Disney, especially after he oversaw the successful development and rollout of Disney+ as well as reaching the 50 million subscribers milestone much earlier than originally planned. In addition to that, he also oversaw other Disney properties such as Hulu, Hotstar, and ESPN+.

It'll be interesting to see how Mayer will steer TikTok, but one thing is clear - the company needed new leadership to improve its public image, which has suffered from the US government's suspicions that its operations are tied to the will of the Chinese government. To that end, parent company ByteDance is also in the process of moving its operations outside of China to appease the US government.

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Rayneofpayne

Posts: 113   +81
Disney is a sinking ship of SJW values that simply are more conscience of a social minority rather than worrying about actual writing, coherence, and the target source material.
You can only screw up an IP so much before fans give up.
Marvel, Star Wars and an empire of rat merchandising and commercialism will eventually show its age and harm it has done to the company name.
At the end of the day Disney's Granddaughter is even disgusted by the implications of what they have become. Stockholder are concerned by the debts they have taken with low dividend pays and a bunch of other nonsense going on in that company, then you had Bob "milk the f&$k out of it" Igor running things so long that put them in a rut.
 

Rayneofpayne

Posts: 113   +81
Tik Tok, at first glance is just a Vine video clone, but at second glance, its a spy tool for the Chinese government.

I disallowed my employees from using it.

I have no idea why people are so anxious to post themselves online in compromising situations.
Because society as a whole is a bunch of morons perhaps? Either way it's filled with memes and underage thots, it's more disturbing adults are using it.
 

Digitalzone

Posts: 127   +64
I wish I could give you more thumbs up on that "thot" comment.

Instagram, BTW has turned into a complete brothel.
You can make tens of grands of USD per month at onlyfans FIY. 6k of fans x 10 USD/month = 60k, platform takes 20%, so 48k USD per month. Usually thots and male *****s present on various social sites. Twitter is the platform used by POTUS, Pope and every *****/pornstar in the world.
 

Nobonita Barua

Posts: 29   +38
Just the beginning. The fun will start when China starts to gobble up software engineers, EDA designers & OEM of semiconductors from East Asian countries like Japan, South Korea which are responsible for overwhelming portion of semiconductor market IP worldwide.
 
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Nobonita Barua

Posts: 29   +38
Tik Tok, at first glance is just a Vine video clone, but at second glance, its a spy tool for the Chinese government.

I disallowed my employees from using it.

I have no idea why people are so anxious to post themselves online in compromising situations.
Social medias & internet has been spying tool of US for decades. In fact they pioneered it. China is simply "stealing the IP" of spying here. No need to act like saint. We watch who does what.
 
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toooooot

Posts: 1,247   +576
This is a mistake on his end. Tik Tok will die one day. Disney will be around forever most likely.
TikTok attracts stupid people. When there are no more stupid people, then yes, TikTok will die.
I wonder though, if recent problems resulted in some Disney workers looking for a better place to work.
 

QuantumPhysics

Posts: 2,866   +2,582
Social medias & internet has been spying tool of US for decades. In fact they pioneered it. China is simply "stealing the IP" of spying here. No need to act like saint. We watch who does what.

I never said Facebook, Youtube, Instagram and Twitter weren't US spy tools.

I don't act like a saint because I know I'm not.

But THIS topic is about Tik Tok.