You will be redirected back to your article in seconds

Summit: Tech challenges yield better companies

Disney's Kevin Mayer talks M&A discipline, strategy in keynote sesh

Kevin Mayer, executive VP of corporate strategy and business development at Disney, observed that the entertainment industry was caught by surprise by the many ways technology has changed the game in showbiz, but the recovery process has made congloms like Disney better companies.

“I think it’s a very healthy thing,” he told moderator Michael Kassan, CEO of Medialink, on Monday at Variety’s Entertainment and Technology Summit at the Ritz-Carlton Hotel in Marina del Rey.

Mayer touted the strategic discipline Disney brings to acquisitions from Marvel to Playdom. He cited the divestiture of Miramax as a tough challenge given the egos involved. “That was a difficult one,” he said. “It was a long, hard road.”

He noted that there’s value in allowing the companies absorbed to maintain their own identity or operations. “We don’t like to bring them in and just acculturate them entirely,” he said.

Mayer lamented the loss of Steve Jobs, who served on Disney’s board.

“He kept us on our toes, very sharp guy,” said Mayer. “He wanted us to think big.”

More Film

  • village rockstars TIFF

    Village Rockstars,' ‘Summer 1993’ win Mumbai Film Festival

    Kevin Mayer, executive VP of corporate strategy and business development at Disney, observed that the entertainment industry was caught by surprise by the many ways technology has changed the game in showbiz, but the recovery process has made congloms like Disney better companies. “I think it’s a very healthy thing,” he told moderator Michael Kassan, […]

  • Vivien Leigh

    Vivien Leigh Biopic in Works From 'Feud: Betty and Joan' Writers (EXCLUSIVE)

    Kevin Mayer, executive VP of corporate strategy and business development at Disney, observed that the entertainment industry was caught by surprise by the many ways technology has changed the game in showbiz, but the recovery process has made congloms like Disney better companies. “I think it’s a very healthy thing,” he told moderator Michael Kassan, […]

  • Bill Nighy

    Film News Roundup: Bill Nighy, Jack Lowden to Star in Comedy 'Made in Italy'

    Kevin Mayer, executive VP of corporate strategy and business development at Disney, observed that the entertainment industry was caught by surprise by the many ways technology has changed the game in showbiz, but the recovery process has made congloms like Disney better companies. “I think it’s a very healthy thing,” he told moderator Michael Kassan, […]

  • Busan: Director Kamila Andini on Balancing

    Busan: Director Kamila Andini on Balancing Motherhood and Filmmaking

    Kevin Mayer, executive VP of corporate strategy and business development at Disney, observed that the entertainment industry was caught by surprise by the many ways technology has changed the game in showbiz, but the recovery process has made congloms like Disney better companies. “I think it’s a very healthy thing,” he told moderator Michael Kassan, […]

  • VidAngel logo

    VidAngel Declares Bankruptcy to Put Copyright Fight on Hold

    Kevin Mayer, executive VP of corporate strategy and business development at Disney, observed that the entertainment industry was caught by surprise by the many ways technology has changed the game in showbiz, but the recovery process has made congloms like Disney better companies. “I think it’s a very healthy thing,” he told moderator Michael Kassan, […]

  • Morgan Freeman Colin Powell

    Morgan Freeman to Play Colin Powell in Biopic

    Kevin Mayer, executive VP of corporate strategy and business development at Disney, observed that the entertainment industry was caught by surprise by the many ways technology has changed the game in showbiz, but the recovery process has made congloms like Disney better companies. “I think it’s a very healthy thing,” he told moderator Michael Kassan, […]

  • Channing Tatum

    Channing Tatum Pulls Sexual Abuse Movie, Cutting Ties With Weinstein Company

    Kevin Mayer, executive VP of corporate strategy and business development at Disney, observed that the entertainment industry was caught by surprise by the many ways technology has changed the game in showbiz, but the recovery process has made congloms like Disney better companies. “I think it’s a very healthy thing,” he told moderator Michael Kassan, […]

More From Our Brands

Access exclusive content