Ryan Kavanaugh is a well-known entrepreneur who is a former CEO of Universal Pictures and co-founder of Relativity Media. He has been named one of the 100 Most Powerful People in Hollywood.
In his hope and effort to outdo Hollywood, Ryan Kavanaugh outdid himself and hit a financial bottom after being declared bankrupt twice in two years. He, in total, burnt $100 million, which led to the fall of Relativity Media.
After his fall in 2016, he has been silent for two years when there seems to be a Nirvana reincarnation. The former president, Donald Trump, announced a ban on a video app, TikTok. This made way for his web application Triller.
YouTube banned Tiktok in February 2018. This popular app became a viral sensation in China and other countries with low internet access. However, they came back to life as soon as possible without their features and functionality.
Triller is a web application for entertainment and music which offers a platform for artists for creative artists to post and advertise in the app. It provides opportunities for artists to connect with other artists and promote their music and content.
Triller’s surge in popularity is unstoppable and has led to a vast influx of creators, advertisers, and users. Ryan Kavanaugh says they are experiencing a massive influx of creators, advertisers, and users. The new users are inclusive of TikTok users and advertisers.
This could also declare the dramatic comeback for Ryan Kavanaugh, who is barely even 40. his fate which supposedly seemed to be slowly reversing itself to heal his substantial financial crisis.
Kavanaugh claims that Tiktok and Triller are now two apps that help to complement each other, and there is no hostile economic rift that could appear due to them being legal at the same time. He claims that this relationship is similar to Google and Facebook.