Recently departed TikTok CEO Kevin Mayer is in advanced talks to join investment firm RedBird Capital, according to a source familiar with the situation.
The move would put Mayer, formerly chairman of Disney's direct-to-consumer business, at a company that has made investments across the sports, media and entertainment sectors.
It signals that RedBird founder Gerry Cardinale — who through his firm led a $275 million investment in David Ellison's Skydance Media in February — is looking to increase his holdings in media and entertainment.
Mayer, who spent much of his career working under Bob Iger at Disney, was a key architect of the entertainment giant's deals to acquire Marvel, Pixar and 21st Century Fox.
Read more on hollywoodreporter.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.