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Dade Hayes Finance EditorKevin Mayer, who spearheaded Disney’s pivot to direct-to-consumer streaming and briefly served as TikTok’s CEO, has joined billionaire Len Blavatnik’s investment company Access Industries as a senior media adviser.Blavatnik has stakes in Warner Music Group, which recently had a successful IPO, as well as sports streaming service DAZN and music and audio streaming outlet Deezer.Mayer, who had been in talks with private equity firm RedBird Capital, will focus on Access’ media businesses and identify new opportunities.

Matt Donnelly Senior Film WriterThe increasingly Hollywood-friendly RedBird Capital Partners is making a big splash on the West Coast.The private investment firm is opening a Los Angeles shop with a big new hire as anchor, the veteran Goldman Sachs executive Andy Gordon, who will join the company as a partner in the first quarter of 2021.Recent RedBird transactions include investments in David Ellison’s Sykdance Media, Tencent, and CJ Entertainment.

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.

Jill Goldsmith Co-Business EditorKevin Mayer — the longtime Walt Disney dealmaker and short-lived TikTok CEO — is in talks to join RedBird Capital, an investment firm with holdings in entertainment and sports, including David Ellison’s Skydance Media, someone familiar with the situation confirmed.Oracle, founded and run by Ellison’s father Larry Ellison, is trying to secure a deal to acquire TikTok with partners in an ongoing and tortured process. Mayer, who worked with former Walt Disney chief Bob Iger on the company’s key deals including Pixar, Marvel and Lucasfilm.He also ran Disney+, now considered the media giant’s crown jewel.

@DanyGarciaCo & #GerryCardinale and our sharp, hungry team. #XFLOwner #ForTheLoveOfFootball pic.twitter.com/ctwRlewxxAJohnson, his ex-wife and business partner, Dany Garcia, and RedBird Capital’s Gerry Cardinale bought the league hours before it was set to hit the auction block.The transaction is still subject to bankruptcy court approval, according to a press release.Johnson has history with the game – he played football at the University of Miami.The XFL was originally launched by WWE CEO Vince McMahon in 2001, but folded after one season.

Dwayne Johnson is to become a co-owner of the revamped XFL American football league after agreeing to a deal to buy out his old WWE boss Vince McMahon.The league was set to go to a bankruptcy auction this week (August 9, 2020) but Johnson, his ex-wife and current manager Dany Garcia, and RedBird Capital have closed a deal to acquire the XFL’s parent company, Alpha Entertainment, for $15 million.In a statement to The Hollywood Reporter, XFL president Tom Pollock called the deal “a Hollywood ending” for the troubled league, which originally ran for one season in 2001.

Dwayne "The Rock" Johnson is teaming up with his ex-wife to buy the XFL American football league.The former professional wrestler – who played the sport up to college level – is buying the assets of the league from Alpha Entertainment, which was founded by WWE CEO Vince McMahon.Johnson, 48, said he and business partner and ex-wife Dany Garcia agreed the deal alongside investment firm RedBird Capital.The purchase is reportedly worth $15 million dollars (about £11.5m) and Johnson said he bought the league for his love of American football.He wrote on Instagram: “With gratitude & passion I’ve built a career with my own two hands and will apply these callouses to building our @xfl brand to create something special for the fans.“My dreams of

Dwayne “The Rock” Johnson is part of a group that just purchased the XLF, the bankrupt football league based in the USA.

The Rock just bought a football league.

Scott Soshnick The XFL has been sold to a group that includes former WWE star Dwayne “The Rock’’ Johnson, giving the bankrupt football league the kind of star power that may draw even non-sports fans. Variety’s sister site Sportico first reported the news.Johnson, an actor and producer who played college football at the University of Miami, teamed up with Gerry Cardinale’s RedBird Capital to buy the league just hours before a planned auction was scheduled to begin.They paid $15 million, splitting it evenly.