Kevin Mayer, whose long tenure at Disney culminated in the successful launch of Disney+, is joining sports streaming outfit DAZN as chairman. He replaces former colleague John Skipper, the longtime former ESPN executive who steered DAZN through launches in the U.S. and other global territories. Backed by billionaire Len Blavatnik, DAZN specializes in boxing and soccer, but also controls rights to several other sports in various territories.
For years a top dealmaker at Disney, Kevin Mayer is in advanced talks with RedBird Capital, which has holdings in sports, entertainment and financial services. RedBird manages about $4 billion in capital.
His resignation follows President Donald Trump’s order to ban TikTok unless its parent company, ByteDance, sells its U.S. operations to an American company within 90 days. Mayer said that his decision to leave comes after the “political environment has sharply changed.”
Kevin Mayer, the head of direct-to-consumer and international for Walt Disney, is leaving the company to become CEO of TikTok. He had been considered a leading contender to succeed Bob Iger as CEO of Disney but was passed over in favor of Bob Chapek, the former head of parks and resorts. Disney said Monday that Rebecca Campbell will replace Mayer, reporing to Chapek.
Disney+ leads a wave of billion-dollar Netflix competitors that are transforming the entertainment industry and launching a new age of ambition (and anxiety) as CEO Bob Iger, Kevin Mayer and team explain their all-in strategy: “We’re locked and loaded.”
TV is changing dramatically. Here are the key executives at the large media giants, wireless carriers, tech companies and everyone that is stuck in between as they duke it out for your time and money.
Kevin Mayer, Walt Disney Co.’s longtime strategy chief, is moving from behind the scenes to a starring role. Mayer, who previously weighed acquisitions for Disney, will be responsible for executing the company’s shift from traditional TV to on-demand viewing.