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Disney’s streaming chief Mayer to become TikTok CEO

Byindianadmin

May 19, 2020 #Mayer, #TikTok
Disney’s streaming chief Mayer to become TikTok CEO

FILE IMAGE: Kevin Mayer, Disney’s head of direct-to-consumer division, on the flooring at the New York Stock Exchange (NYSE) in New York City, U.S., October 22,2019 REUTERS/Brendan McDermid

( Reuters) – Walt Disney Co’s ( DIS.N) top streaming executive, Kevin Mayer, will leave the entertainment and theme parks huge to become the chief executive officer of Chinese business ByteDance Technology Co’s popular video app TikTok, the companies stated on Monday.

Mayer led the successful launch of the Disney streaming service in November but in February was passed over for the president task at Disney.

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