CEO Kevin Mayer Exits TikTok After Less Than Three Months

Satellite radio giant SiriusXM said Tuesday that CEO James Meyer will step down as CEO on Dec. 31 and become vice chairman.

Jill Goldsmith Co-Business EditorIn a lively morning of executive shuffles, AMC Networks said Sean Sullivan, chief financial officer, will be jumping to SirusXM in mid-October, as the satellite broadcaster announced that its CEO Jim Meyer and its CFO David Frear are both stepping down. AMC Networks said it will appoint an interim CFO or successor prior to Sullivan’s departure.SiriusXM said Meyer will retire on December 31 and Jennifer Witz, president, Sales, Marketing and Operations, will take

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Jill Goldsmith Co-Business EditorSiriusXM CEO Jim Meyer said he’s “optimistic” about striking a new deal with the company’s star property Howard Stern, whose contract expires at year end. The renewal has been a focus of Wall Street and the press for months as the deadline approaches.“I am personally deeply engaged in conversations with Howard’s team.

Anna Faris is bowing out of her role in the popular CBS sitcom “Mom.” The actress is exiting as one of the comedy series’ two title standouts and will not be alongside former co-star Allison Janney when the show returns for its eighth season and her character Christy Plunkett will not be recast, according to The Hollywood Reporter. The outlet said Faris’ departure is not coronavirus-related and her decision was made is simply because she wants to pursue other opportunities.

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When Kevin Mayer left his big job running Disney’s direct-to-consumer streaming business in mid-May, it was because he had an even bigger job to look forward to: one that would involve running fast-growing social video app TikTok while serving as COO of its $100 billion parent company, ByteDance. But during his first three months as TikTok CEO, the app became a pawn in President Trump’s battle with China.

Kevin Mayer has resigned as CEO of TikTok as the threat of a ban looms over the popular social media app. TikTok owner ByteDance tapped Mayer, the former chairman of Disney's direct-to-consumer business, in May of this year.

Dade Hayes Finance EditorWalmart stock is up more than 5% — a major move for the typically sleepy large-cap shares — on news that the retail giant is interested in teaming with Microsoft to make a bid for TikTok.Microsoft, along with Oracle and Twitter, has already been in the mix as a potential acquirer of the fast-growing social platform’s U.S. operations.Owned by ByteDance, a conglomerate founded by a Chinese entrepreneur, TikTok ran afoul of U.S.

Todd Spangler NY Digital EditorNeedless to say, this isn’t how Kevin Mayer expected his bold career move to go.Mayer, after just three months on the job as TikTok’s CEO and chief operating officer of Chinese parent company ByteDance, said Wednesday that he is resigning amid the tumultuous geopolitical climate battering TikTok — led by Donald Trump’s anti-China agenda — which ultimately will force ByteDance to sell the TikTok app business in the U.S. (and likely other countries).

Jordan Moreau Kevin Mayer has stepped down as CEO of TikTok, just months after taking the job and after recent pressure by President Trump over the app’s security, Variety has confirmed.Mayer sent a letter to TikTok and ByteDance employees on Wednesday night, announcing his decision.“In recent weeks, as the political environment has sharply changed, I have done significant reflection on what the corporate structural changes will require, and what it means for the global role I signed up for.

filed a lawsuit against the Trump administration on Monday over the executive order, saying in court papers that it attempted in “good faith” for a year to share information on its data privacy practices with the U.S.

Dominic Patten Senior Editor, Legal & TV CriticLess than four months after leaping over from the Walt Disney Company, Kevin Mayer has resigned as the CEO of TikTok.“In recent weeks, as the political environment has sharply changed, I have done significant reflection on what the corporate structural changes will require, and what it means for the global role I signed up for,” Mayer wrote today to staff at the ByteDance controlled short video-sharing app.

Comedian Kevin Hart revealed he was tested positive with coronavirus infection during a stand-up comedy show and it was early in the pandemic.The 41-year-old comedian made the big reveal during his latest presentation at Dave Chappelle's "An Intimate Socially Distanced Affair" show in Yellow Springs, Ohio, according to Page Six.

Denise Petski Senior Managing EditorThe original Jurassic Park trilogy will be exiting the streaming service the end of September, two months after the films arrived from NBCUniversal’s Peacock.The first three films in Universal’s multi-billion-dollar Jurassic Park franchise — 1993’s Jurassic Park, 1997’s The Lost World: Jurassic Park and 2001’s Jurassic Park III — came to Netflix on August 1 following a 17-day window on Peacock following its launch.

Nellie Andreeva Co-Editor-in-Chief, TVThis is a bombshell. Veteran NBCUniversal executive Ron Meyer is leaving the company after quarter of a century.NBCUniversal CEO Jeff Shell just announced the news in a company memo.“I am writing to share some unfortunate news.