Disney’s Head of Streaming Is the New TikTok C.E.O.

The Walt Disney Company’s top streaming executive, Kevin Mayer, resigned on Monday to become the chief executive of TikTok, the video sharing app which has exploded in popularity during the COVID-19 pandemic.

In conjunction with his roll at TikTok, Mr. Mayer, 58, will also serve as chief operating officer of ByteDance, the Chinese conglomerate that owns TikTok.

As Americans have been quarantined during the pandemic, a growing number have turned to TikTok to help pass the time. According to Sensor Tower, a company that tracks app usage data- New users in the United States downloaded the app about 11 million times in March, nearly twice the total for December 2019.

Members of Congress, have raised national security concerns about TikTok’s growing influence. They have questioned if there is a risk that the app could share user data with its Chinese parent company.

Source: The New York Times

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.