Everyone wants MrBeast on their TikTok bid
Content creator Jimmy Donaldson, known on the Internet as MrBeast, has made it clear he is interested in buying TikTok. Donaldson has the most subscribers of any user on YouTube— over 340 million—and boasts over 113 million TikTok followers.
Jimmy Donaldson — better known online as MrBeast — isn’t in the TikTok bidding race just yet, according to a representative for the YouTube star
The platform is in need of saving in the United States, where approximately 170 million people have TikTok accounts. On Friday, the U.S. Supreme Court upheld a federal law that will ban the platform on Jan. 19 unless TikTok’s China-based owner ByteDance divests its U.S. operations.
Will TikTok find a U.S. buyer to remain legal? After Trump vowed to make a deal to save the app, MrBeast has emerged as part of a joint bid.
Jimmy Donaldson, better known as MrBeast, has teamed up with Employer.com CEO Jesse Tinsley and other investors in an all-cash offer for the social platform.
Frank McCourt’s Project Liberty and other investors have submitted a bid to buy TikTok from China-based ByteDance after a court-ordered divestiture or shutdown.
After the bipartisan TikTok law was signed by former President Joe Biden in April, ByteDance said it did not have plans to sell the platform and fought the statute in court for months. China also rebuked Washington over the divestment push, though more recently it appears to be softening its stance.
U.S. businessman Frank McCourt is open to teaming up with other buyers on a bid to take over the U.S. operations of TikTok as long as he can maintain control of the asset, he told Reuters at the Davos event on Thursday.
When the world's most anticipated game of corporate musical chairs began with Shark Tank's Kevin O'Leary being a key player, internet sensation MrBeast threw his hat into the ring.
The US Supreme Court upheld a law requiring ByteDance to face a ban, otherwise ByteDance can sell its TikTok's U.S. operations by January 19. Trump's executive order delays the ban by 75 days to ByteDance explores alternatives including joint venture with U.S. investors or even sell its operations in the U.S. entirely.
Own the Creative is a community-driven movement founded by NYU alumnus Adam Juegos, an award-winning filmmaker and early YouTube influencer who helped popularize the "unboxing" trend. Its mission is to secure majority ownership of TikTok for creators and users, ensuring equitable revenue-sharing, decision-making, and data privacy.