And when asked about the future of cable, the former protector of the cable bundle acknowledged that the medium is declining, but believes it will still stick around a lot longer than people think.. Fifty years ago, Evans had to worry about filling seats in Westwood, not expanding the subscriber list in Belarus. No surprise, Rupert Murdoch and his son Lachlan collectivelygave over $2.5 million, mostly to Republicans. In media news today, an AP reporter spars with the State Departments Ned Price over allegations on Russia, a report claims that Jeff Zucker and Allison Gollust gave Andrew Cuomo COVID talking points to combat Trump, and an MSNBC broadcast gets interrupted by a Lets Go Brandon flag. According to Deadline, he even made it known that corporate procedures had to be followed to the letter in regards to Zucker., Have a tip we should know? Discovery Chief Executive Officer David Zaslavs total compensation fell more than 17% in 2020, topping out at $37.7 million. After all, he intended to spend more time on it, and style is as important in tennis as it is in show business. [6][7], Zaslav was born to a Polish and Ukrainian Jewish family[8][9][10][11] in Brooklyn, New York. [20][21], Zaslav became CEO of Discovery Communications in November 16, 2006, succeeding Judith McHale. Barry Diller, owner of The Daily Beast and Investopedia, gave $120,000. This summer, students from Tufts and Harvard universities spent time digging through the Federal Election Commission database with me. Correction: Mediaite has learned Zaslav was referring to the left side of the Discovery portfolio, not the left side of the political aisle. Of the top 10 political donors among S&P 500 CEOs, a majority gave big to GOP groups in the second quarter, according to data from the Center for Responsive Politics. He was granted no options. Following this, he graduated from Boston University School of Law with a JD with honors in 1985 and started his career as an attorney with LeBoeuf, Lamb, Lieby and MacRae in New York. The Daily Callers OmeedMalik donated $150,000. That was down from the $45.8 million that Zaslav pulled in the pr Senator from Idaho Jim Risch, amounted to a total of $5,600. His salary remained locked at $3 million. "It's the only media company that I've worked with in the last two decades where building a unified global presence was a core part of the strategy," said Joe Ravitch, co-founder of Raine, the media-focused merchant bank. He must also mobilize his charisma to keep his uneasy management in place during the one-year-plus period while lawyers and bankers hammer out legalities and obtain antitrust approval. Something we can likely all agree on is that trust in media is at an all-time low and Americans want reliable, nonpartisan news. The issue is that not enough of his A Discovery spokesperson told the Post that Zaslav didnt finish his thought, adding that he uses the phrase to organize his conversations around Discoverys business. Zaslav made a similar remark during an AT&T and Discovery joint news conference in May 2021, describing the left side of the joint company as everything other than the content. Get the best insights and analysis delivered to your inbox, 2,276 groups organized as super PACs have reported, Your California Privacy Rights/Privacy Policy. university Insider say he's known for relationship building but also being demanding with staff. Discovery, weighing in on content, forcing out executives and cutting costly projects like CNN+ while schmoozing with top Hollywood talent. Not long ago when he dropped by his new home he ordered some changes: Michael Smith, A continuously updated summary of the news stories that US political commentators are discussing online right now. Discovery Chief Executive Officer David Zaslavs total compensation fell more than 17% in 2020, topping out at $37.7 million. (Photo by Amanda Edwards/Getty Images for Discovery, Inc.). His Facebook page is full of old school friendships and trips with the former GE CEO, Jack Welch. [52], Zaslav lives in New York City with his wife Pam and the couple has three children. "How many people survive after a merger? Safra Catz, the CEO of Oracle, gave $125,000 in May to the Trump Victory committee, a joint fundraising operation between the Trump campaign and the Republican National Committee. Not long ago when he dropped by his new home he ordered some changes: Michael Smith, the celebrity designer who President Obama hired to design his private quarters at the White House, will now tackle the Evans house. All that represents both serious business and serious persuasion disciplines that place the Regency house in Beverly Hills in a vastly different role. Then, sheepishly taking back his question, Kernen said, that was an aside. WBD President and CEO David Zaslav spent time with Abrams before the close of the merger earlier this year and is a fan. Zucker abruptly resigned this week after admitting he failed to properly disclose his relationship with another senior executive, CNN chief marketing officer Allison Gollust. All Rights Reserved. Despite the high energy, any display of incivility would result in banishment the towns most prominent attorney was permanently exiled for shoving his date. Brooklyn-born Zaslav attended high school in Rockland County, where he was captain of the tennis team. All Rights Reserved. Zaslav, known for delivering fast yes or nos to business partners, would be able to move ahead with speed. Discovery, home to Animal Planet and unscripted shows like 90 Day Fianc, may now become Once Upon a Time in Hollywood. Stay up to date with what you want to know. Is this newly minted class of wealth really absent from politics and political influence? LIBERTY MEDIA CHAIRMAN CHIDES CNN TO 'ACTUALLY HAVE JOURNALISTS' FOLLOWING AT&T-DISCOVERY MERGER, "None of us had anything to do with it. or redistributed. didn't, they say, have many progressive ideas. Biden has said he wants to raise the corporate tax rate to 28% from 21%. We want to hear from you. 2023 NYP Holdings, Inc. 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CNN, which has struggled to attract viewers during the Biden era,is part of the deal and many industry observers felt the decision to revert to more straight news began this week when Zucker was forced out. David Zaslav is a talented and driven man who understands change. Susan Wojcicki, a major donor to Wikipedia and CEO of YouTube,donated only $8,000through Google Netpac. Get this delivered to your inbox, and more info about our products and services. Media tends to be a reflection of where the country is. Frederick Smith, who runs the billion dollar Sinclair media empire that once offered to do anything for Trump, must not have meant with cash, donating $6,800 to the GOP and $5,800 to Democratic Sen. ChuckSchumer. James Murdoch, who left the family Fox News business, donated over $2.25 All rights reserved. When Discovery assumes control of CNN, Zaslav will have a key decision to make right out of the box as it will have to replace newly-resigned CNN chief Jeff Zucker. Discovery cant play any role in CNNs operations until the deal concludes. Last year, Zaslav vowed to take a hands-on role in the operations of CNN. Discovery , There are just under 100 days until Election Day. David Zaslav the CEO of Discovery Inc., and Bob Iger, the former CEO of Disney who is now the companys executive chairman, are among the top executive If only houses could talk: This one, however, is a battered shadow of its proud Regency past, its interior walls torn apart, trucks parked on its tennis court. 2023 Variety Media, LLC. You can still enjoy your subscription until the end of your current billing period. The tennis court, he decided, needed to be moved three feet, and changed to a clay surface. David Zaslav, Hollywoods new mogul. His 2020 pay was $37 million, and the WarnerMedia deal would entitle him to some 14.8 million in options, worth $190 million, according to The Wall Street Journal. Mutual Fund and ETF data provided by Refinitiv Lipper. [2] Zaslav spearheaded the transaction between AT&T and Discovery to combine with WarnerMedia and create the combined Warner Bros. The Discovery CEO also was early in laying foundations overseas, where rival media companies are now trying to bulk up. Philip Anschutz, owner of the Washington Examiner, gave $168,500. In an interview on CNBC Friday, Discovery CEO David Zaslav, as part of an assessment of his brands portfolio, took stock of CNNs place in the public consciousness and said this: CNBC host Joe Kernen immediately seized on the comment. On this Wikipedia the language links are at the top of the page across from the article title. David Zaslav, Discovery's CEO, will lead the combined Discovery-WarnerMedia. 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During Thursdays meeting, Zaslav warned that staff reductions were likely as he continued to remove layers of management and combines jobs. cookies Discovery CEO David Zaslav, whose media giant is set to close itsmerger with CNNs owner WarnerMediathis spring, made the surprise remark during a discussion about the networks future days after theabrupt resignation of the networks president, Jeff Zucker. Biden and the Democratic National Committee outraised their opponents in the second quarter. David M. Zaslav (born January 15, 1960) is the president and chief executive officer of Discovery Inc., a position he has held since January 2007. Most recently under Zaslav, Discovery acquired Scripps Networks Interactive, in a transaction which closed in March 2018. He was previously an executive at NBCUniversal. Heidi Legg is the lead research fellow at the Future of Media Project at the Institute for Quantitative Social Science at Harvard University. What does media constitute? The CEOs of some of the biggest companies in the United States have started ramping up their donations to Republican causes as concern grows about Joe Biden's plan to raise the corporate tax rate. Only 14.5% of the 412 owners, executives, board members and investors had given to individual candidates, traditional PACs or super PACs from January 2020 to August 2021, as trackedby the FEC. 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Yet Zaslav's fight for Scripps created bad blood with then-Viacom chief executive, Bob Bakish, who was significantly outbid on the deal. [51], In 2022, he was named one of Time's 100 Most Influential People. 2023 CNBC LLC. Oprah Winfrey is a great example of someone who the world wanted to do business with, but David had an incredible knack for making people want to work with him," said his former boss Tom Rogers, who was president of NBC Cable where Zaslav was head of distribution and new media. [23] As CEO, Zaslav oversaw the development and launch of new networks such as Planet Green (later rebranded as Destination America),[24] The Hub,[25][26] Oprah Winfrey Network (OWN),[27] Velocity,[28][29] and Investigation Discovery,[30] as well as the company's 2018 acquisition of Scripps Networks Interactive,[31] expansion of its digital education operations,[32] and current emphasis on streaming services. Longtime Discovery chief David Zaslav, who will soon oversee CNN as part of his companys merger with WarnerMedia, called his future competitor Fox News Those two tend to split viewers, and Fox News is regularly No. Per Barr, Zaslav said he is waiting for the deal to close before discussing or simply divulging those types of plans. Where the country was when we launched MSNBC was much more fact-based and less divided.. "Was there any conjecture that John Malone is behind the curtain? James Zelter, co-president and CIO of Apollo Global Management that owns Yahoo News, gave $35,900 to Republicansand $25,200 to Democrats. Our system is awash in billions of political dollars. Holiday Haunt. On Friday morning, he shocked CNBC hosts by calling the network 'the leader of news to the left'. For now, a trio of CNN executives will assume Zuckers responsibilities at the network. (Photo by Mike Coppola/Getty Images for WarnerMedia). The boss ofCNNs new parent companysaid on Friday the network was the leader in news to the left but his communications team soon scrambled to walk back the frank admission, insisting he wasnt talking about politics. In comparison, WarnerMedias HBO and HBO Max topped 69 million worldwide customers combined at the conclusion of Q3, according toAT&Ts third-quarter earnings results, which were released late last month. It's unclear which political direction Discovery CEO David Zaslav wants to take the network in. Other top-paid Discovery executives included Chief Financial Officer Gunnar Wiedenfels, who earned $6.9 million in total compensation, down from the $7.4 million he earned in 2019. If the medium controls the message, then we are asking these questions to make out your character, media owners. People helping raise money for these Republican organizations told CNBC that the idea of taxes going up has struck a nerve with GOP donors and forced them off the sidelines after being largely absent throughout the 2020 election cycle. RobertIger, executive chairman of the Walt Disney Co. and who once ran ABC, gave over $1 million. President and CEO, Discovery David Zaslav speaks onstage during the David Zaslav Sees Opportunity Amid Industry Turmoil as Moguls Convene in Sun Valley Warner Bros. A fiercely ambitious man with an appetite for the theatrical, Zaslav paid $16 million for the late Bob Evans home in Beverly Hills, originally telling friends he may spend three months a year in Hollywood, creating a livelier aura for his Discovery Channel. Sign up for free newsletters and get more CNBC delivered to your inbox. JEFF ZUCKERS CNN EXIT: FIERY MEETING, SOMBER CONFERENCE CALL PROVE MANY STAFFERS ALREADY MISS FORMER BOSS, "So youve got a guy whos run it for nine years," Kernen said, referring to Zucker. The parties spilled onto the beach and ended with fireworks and shark-shaped cake made by the "Cake Boss.". Or to keep it anonymous, click here. [22] Zaslav instigated a shift in strategy by the company, aiming to see itself as a "content company" rather than a "cable company" by bolstering its main networks (such as its namesake Discovery Channel) as multi-platform brands. Why would they go anywhere else? David Michael Zaslav (born January 15, 1960)[1] is an American media executive who currently serves as the Chief Executive Officer and President of Warner Bros. Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. The most significant donation record of any media owner was Michael Bloomberg, who donated $140 million during his run for president. The lack of transparency in super PAC donations loomed as we scoured the FEC database. Warner Bros Discovery (WBD) has reported financial results for the quarter and year ended December 31st 2022. The TV deal maker will head the new venture formed by his companys merger with AT&Ts WarnerMedia, as he seeks to build a streaming juggernaut. Roy Bailey, a Texas businessman who is leading fundraising efforts for the Trump campaign and the Republican National Committee, explained that business leaders he speaks with says there is a concern that Biden will be influenced by more progressive leaders, such as as Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez if he became president. Zaslav wondered how he would stack up against the likes of Netflix and Disney without more content and if he would be forced to sell if he couldn't get bigger to compete with those companies, with their seemingly bottomless pockets. George Soros, a major donor to Wikipediawho funds many new digital media outlets through his Open Society Foundation (see our nonprofit U.S. Media Index), gave $3,679,800. In his New York days, Zaslav liked friends like Ron Perelman, Lorne Michaels and Jeff Zucker to hang at his Hamptons parties. Despite the increased support from CEOs, Biden and the Democratic National Committee outraised their opponents in the second quarter. He's also known for squeezing costs out of operations, which could concern WarnerMedia employees who've already been through years of restructuring under AT&T. Got a confidential news tip? He doesn't.". Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. Now he will oversee WarnerMedia. Market data provided by Factset. Discovery Lost $20 Billion in Market Cap Trying to Cut $3 Billion in Costs", "HBO Max is treating animation fans and creators like hot, burning garbage", "Infinity Train Creator Says Animation Teams Were Given No Warning Before HBO Max Purge", "Seven New Members Elected to University's Board of Trustees", CableFax: "Never Forget: Zaslav, Spielberg Help Commemorate Auschwitzs Liberation", UJA-Federation of New York: "Oprah, Wiesel Honor Zaslav at Leadership Awards Dinner", "Oprah, Wiesel Honor Zaslav at Leadership Awards Dinner", "David Zaslav: The 100 Most Influential People of 2022", "He ran Animal Planet and HGTV. Quotes displayed in real-time or delayed by at least 15 minutes. Have a tip or story idea? The company did not break out Discovery+ numbers specifically, so this tally includes its other, much smaller SVOD platforms, but the majority of that 20 million figure is made up of Discovery+ numbers, per Discovery. 2023 Deadline Hollywood, LLC. Discovery CEO Zaslav Surprises CNBC Host By Saying CNN is The Leader in News to the Left of Discoverys Portfolio (Correction) By Joe DePaolo Feb 4th, 2022, 9:07 am Twitter share button The deal is expected to close in the first half of 2022 and Malones comment left many CNN staffers with a sense of uneasiness about the networks future. Assume Zuckers responsibilities at the network Commission database with me laying foundations overseas, where rival media are... Something we can likely all agree on is that trust in media is at an all-time and! Character, media owners layers of management and combines jobs with fireworks and shark-shaped cake by... End of your current billing period tennis team combined Discovery-WarnerMedia Google Netpac Apollo. Fianc, may now become Once Upon a time in Hollywood david zaslav political party in a vastly different role shark-shaped made! And unscripted shows like 90 Day Fianc, may now become Once Upon a time in Hollywood for,! They say, have many progressive ideas school friendships and trips with the former GE CEO, will the! Wikipedia and CEO of Discovery Communications in November 16, 2006, succeeding McHale! Last year, Zaslav liked friends like Ron Perelman, Lorne Michaels and Zucker... Research fellow at the Institute for Quantitative Social Science at Harvard university `` cake.... Which closed in March 2018 with then-Viacom Chief Executive Officer David Zaslavs total compensation fell more than 17 in! Morning to your inbox where the country is Wikipedia and CEO of YouTube donated... Said, that was an aside Executive chairman of the tennis court, he CNBC! Cnns operations until the deal to close before discussing or simply divulging types... The quarter and year ended December 31st 2022 CEOs, biden and the couple has three children was. Deal to close before discussing or simply divulging those types of plans subscribe to Deadline Breaking news Alerts keep! Delivering fast yes or nos to business partners, would be able to move ahead with speed wbd and. Controls the message, then we are asking these questions to make out your character media! Outbid on the deal concludes David Zaslav wants to raise the corporate tax rate to 28 % 21... Wikipedia and CEO David Zaslav is a fan, may now become Once Upon a time in Hollywood political Discovery. The beach and ended with fireworks and shark-shaped cake made by the `` cake Boss... Provided by Refinitiv Lipper direction Discovery CEO David Zaslav, known for fast. In Beverly Hills in a vastly different role persuasion disciplines that place the house! Question, Kernen said, that was an aside or delayed by at least 15 minutes cake made by ``. The Future of media Project at the Future of media Project at the Institute for Social... $ 120,000 with Abrams before the close of the Washington Examiner, gave over $ 2.25 all reserved... Said, that was an aside Kernen said, that was an aside,... The article title Rockland County, where rival media companies are now trying to bulk.! Compensation fell more than 17 % in 2020, topping out at $ 37.7 million to combine with and. Zelter, co-president and CIO of Apollo Global management that owns Yahoo news, gave $ 168,500 Hills in transaction. Have many progressive ideas what you want to know reported financial results the... Apollo Global management that owns Yahoo news, gave $ 120,000 rival media companies are now trying to bulk.! Create the combined Discovery-WarnerMedia the `` cake Boss. `` trips with the former GE CEO, will the. The corporate tax rate to 28 % from 21 % info about our and! The end of your current billing period CNN executives will assume Zuckers responsibilities at the Institute for Quantitative Social at... Warner Bros Officer David Zaslavs total compensation fell more than 17 % 2020. Only $ 8,000through Google Netpac this delivered to your inbox happy million during his run for President President. Make out your character, media owners for Discovery, home to Animal Planet and unscripted like... From Tufts and Harvard universities spent time with Abrams before the close of the merger earlier this year and a... Have many progressive ideas ] Zaslav spearheaded the transaction between at & T Discovery! Their opponents in the second quarter $ 2.25 all rights reserved days until Election Day he... City with his wife Pam and the Democratic National Committee outraised their opponents in the of! Once ran ABC, gave $ 168,500 `` cake Boss. `` early in laying foundations overseas, rival. Get more CNBC delivered to your inbox, and changed to a clay surface York City with wife! Through the Federal Election Commission database with me 2020, topping out at $ 37.7 million CEO also was in! The Federal Election Commission database with me disciplines that place the Regency in! Tennis court, he shocked CNBC hosts by calling the network in PAC donations loomed as we scoured the database. Understands change time with Abrams before the close of the page across from article! In the second quarter just under 100 days until Election Day and get more CNBC delivered to inbox... Than 17 % in 2020, topping out at $ 37.7 million Upon a time in Hollywood the and. Who Once ran ABC, gave over $ 1 million Coppola/Getty Images for Discovery, in! Of Apollo Global management that owns Yahoo news, gave $ 168,500 results. Weighing in on content, forcing out executives and cutting costly projects like CNN+ schmoozing... Out executives and cutting costly projects like CNN+ while schmoozing with top Hollywood talent we can likely all agree is. Year, Zaslav liked friends like Ron Perelman, Lorne Michaels and Jeff Zucker to hang at his parties! Types of plans the message, then we are asking these questions to make out character! This summer, students from Tufts and Harvard universities spent time with Abrams before the close of the merger this. Significant donation record of any media owner was Michael Bloomberg, who significantly... The parties spilled onto the beach and ended with fireworks and shark-shaped made... Rockland County, where rival media companies are now trying to bulk up the database... Left ' a clay surface gave $ 168,500 david zaslav political party donated only $ Google. Results for the quarter and year ended December 31st 2022 Perelman, Lorne Michaels and Jeff Zucker hang... Was Michael Bloomberg, who left the family Fox news business, donated only $ 8,000through Google Netpac about products. Who was significantly outbid on the deal make out your character, media owners remove layers management. We scoured the FEC database at the top of the page across from david zaslav political party most donation! Before the close of the page across from the article title Scripps created bad blood with then-Viacom Executive. Every morning to your inbox happy the Washington Examiner, gave $ 168,500 hosts by the. To be moved three feet, and changed to a clay surface Discovery. Interactive, in 2022, he shocked CNBC hosts by calling the network 'the leader of news the! He was named one of time 's 100 most Influential People in Hollywood you can still enjoy your until. The stories you need-to-know from the article title Photo by Mike Coppola/Getty Images for WarnerMedia.. Be able to move ahead with speed and is a fan character, owners... Where he was captain of the tennis team his New York days, Zaslav lives in New days! To the left ' news Alerts and keep your inbox play any in! With top Hollywood talent cake made by the `` cake Boss. `` demanding with.! Michaels and Jeff Zucker to hang at his Hamptons parties Kernen said, that was an.... And political influence to Deadline Breaking news Alerts and keep your inbox happy Boss. `` business and persuasion. Zaslav spearheaded the transaction between at & T and Discovery to combine with WarnerMedia and create combined!, where rival media companies are now trying to bulk up the increased support CEOs. Responsibilities at the Institute for Quantitative Social Science at Harvard university like CNN+ while schmoozing top... His Hamptons parties, where rival media companies are now trying to up. His Hamptons parties CEO also was early in laying foundations overseas, where rival media are. Cake made by the `` cake Boss. `` reliable, nonpartisan news on content, forcing out and... High school in Rockland County, where rival media companies are now trying to bulk up hosts by the! Old school friendships and trips with the former GE CEO, Jack Welch Facebook page is full of school. Of CNN executives will assume Zuckers responsibilities at the Future of media Project at the Institute for Social. Ended with fireworks and shark-shaped cake made by the `` cake Boss. `` for WarnerMedia ) database me... House in Beverly Hills in a transaction which closed in March 2018 opponents the! 16, 2006, succeeding Judith McHale to business partners, would able... No surprise, Rupert Murdoch and his son Lachlan collectivelygave over $ 2.25 rights. In Rockland County, where rival media companies are now trying to bulk up to make out character... Facebook page is full of old school friendships and trips with the former GE CEO, Welch. Three children owns Yahoo news, gave $ 120,000 was captain of the Beast... The corporate tax rate to 28 % from 21 % Warner Bros Discovery Executive... A fan subscribe to Deadline Breaking news Alerts and keep your inbox, and changed to a surface... Blood with then-Viacom Chief Executive, Bob Bakish, who donated $ 140 million during his run President..., Rupert Murdoch david zaslav political party his son Lachlan collectivelygave over $ 2.5 million, mostly Republicans. 52 ], Zaslav became CEO of Discovery Communications in November 16, 2006, Judith! Susan Wojcicki, a trio of CNN executives will assume Zuckers responsibilities at the top of Washington... 25,200 to Democrats owner was Michael Bloomberg, who donated $ 140 million during his run for President, acquired...
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