Mayer, who labored at the Walt Disney Co. for additional than two many years and steered the launch of Disney As well as a 12 months ago, will aim on Accessibility Industries’ strategic media-relevant corporations and establish new prospects throughout media, entertainment and telecom sectors. Blavatnik’s Obtain owns important fairness stakes in Warner Tunes Team, sports streaming service DAZN, music and audio streaming provider Deezer, amid other firms.
“Kevin has an unrivalled depth of encounter setting up profitable world-wide media and leisure enterprises,” Blavatnik mentioned in a statement. “He will convey a must have awareness and perception throughout a range of Access’s financial investment spots.”
Mayer added: “I glance forward to assisting Obtain build on the results of its foremost media and leisure enterprises as a vital element of my long term endeavors. Len has produced a corporation with a wide range of remarkable assets very well positioned to shift forward strongly in the a long time in advance.”
At Disney, Mayer most lately was chairman of the media conglomerate’s direct-to-client and intercontinental division, which includes Disney As well as, Hulu, ESPN Furthermore and Hotstar its worldwide media and studio functions world advertisement income and international content material and channel revenue. Right before that, as Disney’s main strategy officer, Mayer aided engineer the acquisitions of Pixar, Marvel, Lucasfilm and most of 21st Century Fox’s property.
Mayer remaining Disney in May well 2020 to become CEO of TikTok, the short-variety online video-sharing app, as very well as COO of dad or mum corporation ByteDance. That came right after Disney named theme parks boss Bob Chapek CEO, succeeding Bob Iger. At the time he experienced identified as it a after-in-a-life span prospect to be a part of a rapidly-rising and transformational tech company. “There are not quite a few organizations like ByteDance and TikTok,” Mayer stated in June.
But just a few months later, Mayer resigned from ByteDance and TikTok after the Trump administration ordered Beijing-dependent ByteDance to offer TikTok to American purchasers about claims that the application represented a national protection danger. A federal court temporarily blocked President Trump’s get banning TikTok, which has been established to go into influence Nov. 12 in the absence of ByteDance’s sale of management of the app to Oracle, Walmart and other U.S. entities.