Discovery merger, CEO David Zaslav faces massive challenges as he tries to pump out cash to pay down debt while slashing billions in costs. Using the original ownership index, we tracked the political donations at 90 of the top U.S. news organizations. Zaslav said he learned about Zucker's departure only hours before it was announced. Mini Bio (1) As President and CEO, David Zaslav sets the strategy and oversees all operations for Discovery's global suite of brands across pay-TV, free-to-air, direct-to-consumer and other digital platforms. whose objective is to fund and raise awareness to conserve over a million acres of land in Bhutan and India for Tiger habitats. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. I found these figures wanting. He built partnerships like video-on-demand with Comcast. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. The stock got a 7 percent boost after Goldman Sachs named WBD its media stock of the year. Internationally, DISCA has greatly expanded under Zaslavs reign. Discovery, some in the building noticed the contrasting vibe that Zaslav's team brought to the table. We know . Meanwhile, Licht has been attempting to remake the network with a fresher, more modern feel, launching a new morning show and reaching out to HBO talent about more collaboration between the two. 2 in corporate communications under Julie Henderson. Although a diligent law student, during his 3 years in Boston, Zaslav had a good time. Judith McHale was the attorney working with Discoverys John Hendricks to raise money to get the cable channel growing. Powered and implemented by FactSet Digital Solutions. David Zaslav has a net worth of $200 million. He is now looking at a move to ape the huge audiences that Larry King Liveonce commanded and has considered drafting a comedian for primetime, a move that could end up a huge success or another punchline. Of those, 149 donated more than $2.6 million to Democratic groups and candidates, and 200 CEOs gave more than $7 million to Republican groups and candidates. By nationality, he owns American citizenship and belongs to White ethnicity. 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. CNN's political stance is a source of frequent scrutiny in the news industry. Jeff Bezos, who owns The Washington Post, gave but $15,000over the past20 months through his PACs Blue Origin and Amazon while his net worth grew to near $200 billion. Within a year, DISCA went public on the NASDAQ stock market and the stock rose 300% in value and expanded internationally. Overall, I think wed be better off if we just had news networks, but we dont.. Finch's list of reality TV hits is unrivaled. Yet, we know little about their political views or how that money is being spent. Along with that, he is also a successful husband. Zaslav helped NBCs cable division expand and grow. "I think overall we'd probably be better off if we just had news networks. When Discovery CEO David Zaslav and a handful of colleagues visited AT&T's Dallas headquarters in May 2021 to finalize the megamerger that would create Warner Bros. David Zaslav - $253250 in Political Contributions for 2020, Campaign Finance, Money, American politics, American political campaign contributions, . Sadiq will also face the challenge of overseeing the company's famed writers and directors workshops, revered industry training programs that were initially scrapped and then revived following public outcry. The most significant donation record of any media owner was Michael Bloomberg, who donated $140 million during his run for president. He is the middle child with two brothers. "We are as non-bureaucratic as a media company can be," Campbell told Variety. The Discovery-WarnerMedia merger is expected to close in mid-2022. Our system is awash in billions of political dollars. Barry Diller, owner of The Daily Beast and Investopedia, gave $120,000. Legal Statement. With sports considered core to Zaslav's strategy, Silberwasser is also charged with maximizing WBD's sports viewership across its linear and streaming properties. Physical Appearance; Height, Weight & Social Media of David Zaslav, View more / View less Facts of David Zaslav. He realized that he was not going to become a professional tennis player. Despite weak ratings for Reliable Sources, the show still outpaced CNN prime-time hosts like Anderson Cooper and Don Lemon for the quarter in terms of total viewers, Nielsen said. Zaslav must prove the $43 billion merger's value amid a worsening economic. "But then shame on us if we don't do the right job getting them exposed to everything else that's on the platform because then there's no need for a subscription service. Executive features editor at The CEOWORLD magazine and lover of reality TV. David Zaslav Calls Fox News 'Much More of an Advocacy Network . By Jessica Lerner on Nov. 15, 2022 - 1:50 PM. DISCA has brokered deals with foreign cable and broadcast companies which has helped to expand the companys international presence. The government needs to catch up and revamp how we track media money in politics. Spagnoletto has a full plate. Warner Bros. It's been a rough year to be Chris Licht. Did Elon Musk, one of the biggest donors to Wikipedia, reallygive only $40,000 to political leaders and causesin 2020-21? The Daily Callers OmeedMalik donated $150,000. when is a felony traffic stop done; saskatchewan ghost towns near saskatoon; affitti brevi periodi napoli vomero; general motors intrinsic value; nah shon hyland house fire He also likes to drop quotes from the film "Wolf of Wall Street" into conversations. She joined Discovery in 2011 as SVP of Litigation and Intellectual Property before becoming EVP, managing its legal staff and helping it navigate its launch of Discovery+. Yet Zaslav's biggest accomplishment was pulling off this week's $43bn deal with his golf buddy John Stankey, the AT&T chief executive who three years earlier had paid $85bn for it. They want to fix the shows first, but they dont realize the shows and ratings are connected.. David Zaslav. The President and Chief Executive Officer of Discovery Inc., David Zaslav stands at the height of 5 feet 4 inches i.e. 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. Were running our business," Zaslav said. Discovery in his first global town hall with the new company's employees on Thursday.. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. "It was a business . The ratings are getting worse because they are taking out all the bells and whistles. We've received your submission. 10573. As head of marketing for WBD's direct-to-consumer products, he'll play a big role in the success of its planned streamer combining Discovery+ and HBO Max. According to TV ratings agency Nielsen, CNNs weekend ratings for the month were the lowest of the year in both the all-important 25- to 54-year-old demographic and total viewers. Hilton Howell of Gray Television gave $17,600. But this spring a new headmaster, David Zaslav, came in to run Warner Bros., which made the Harry Potter films. 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. 1.64 meters, and weighs 63 kg or 139 lbs. CNNs Reliable Sources hosted by Brian Stelter notched its lowest-rated month since June 2001, bringing in 79,000 demo viewers and 585,000 average total viewers. According to the sources, David Zaslav has an estimated net worth of $200 million as of the year 2020. Zaslav has led Discovery since 2007, executing a number of initiatives that have focused the organization on growth, operational efficiency and its pivot to direct-to-consumer. Afsaneh Beschloss, NPR Board of Directors, gave $614,300. 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. This belief regarding Zaslav's political leanings originates from a tweet by Twitter user @BrotherNumpsay who on July 27th tweeted a 2017 quote from the CEO wherein he asserted, " Trumpsome of his business policies could really be helpful to Americaand I think that the idea of having a Republican Congress, a Republican Senate, a Republican President is a good thing because now they . Bank of America Merrill Lynch also favors Zaslav's chances of having a winning 2023. Zaslav decided to study law at Boston University. Zaslav helped Wright get NBC into the cable field with the development of CNBC and MSNBC. Take Student discounts in these 5 areas, Want to study tuition-free? Then it's just pay-per-view.". Germany-born Wiedenfels is more often than not the face of the company at investor conferences and has taken the brunt of the criticism over WBD's deep job cuts and its numbers-first, relationships-second decision-making. At a Credit Suisse conference post-merger, Steinlauf talked about the opportunity to do more with advertisers across its content and platforms. Wiedenfels is a married father of four and an amateur boxer who flies planes and keeps bees, according to people close to him, who added that he has a good sense of humor. Discovery CEO David Zaslav embraces the past as he plans his company's future. Much earlier in his career, he was Dee Dee Myers' personal assistant. Shortly after, longtime boss Zucker resigned after he didnt disclose a romantic relationship with another senior executive at the company. Under his leadership, Discovery began trading as a public company in 2008 and became a Fortune 500 company in 2014. The dealmaker. He's a veteran of the Discovery side, where he led ad sales since 2018, when he joined the cable giant through its acquisition of Scripps Networks. At WBD, their mandate is to expand the film output and restore the company's credibility with top (expensive) talent, a tall order given the company's mission to cut billions in costs. These 20 execs, listed alphabetically, are the power players Zaslav has put in place to help him get there. David Zaslav Salary he receives an annual salary of $150 million for his service. David Zaslav, or as his friends call him: Zas, throws some of the most amazing parties with the most eclectic combination of guests. Is this newly minted class of wealth really absent from politics and political influence? With his law degree, Zaslav took a position at the prestigious New York City firm of LeBouf, Lamb, Lieby & MacRae in 1985. No surprise, Rupert Murdoch and his son Lachlan collectivelygave over $2.5 million, mostly to Republicans. David Zaslav the CEO of Discovery Inc., and Bob Iger, the former CEO of Disney who is now the company's executive chairman, are among the top executive Democratic donors from the second. Licht drew criticism on two counts he located his office away from the newsroom and had denied layoffs were on the cards. After half a year of weak ratings, CNN turned in one of its worst months yet. In fact, Zaslavclaimed Discovery didn't have anything to do with Zucker's stunning exit, when he was bluntly asked on CNBC about the future of CNN, as well as remarks by Liberty Media chairman John Malone last year that he wanted CNN to revert to more traditional journalism. The report did not mention whether any specific CNN anchors were under particular scrutiny, but it did note that Stelter and Jim Acosta were among the personalities whose left-leaning viewpoints have drawn the ire of conservatives. Discovery CEO David Zaslav was confronted on Friday about the future of CNN, the liberal network he is set to oversee once a looming merger is official, but claimed the ousting of now-former CNN boss Jeff Zucker had nothing to do with rumors the network could shift to a nonpartisan approach. CNNs ratings are as bad as local news ratings., New management isnot freaking out but everyone else at CNN is, the source added. Quotes displayed in real-time or delayed by at least 15 minutes. Billionaire Paul Singer, who claimed, post the CNN-Discovery merger, that his activism brought the deal about, balanced things out with his $1.7 million. Transparency matters. David Zaslav. Its a mess. David Michael Zaslav (born January 15, 1960) is an American media executive who currently serves as the Chief Executive Officer and President of Warner Bros. David Zaslav is the CEO of Discovery Communications, one of the biggest cable conglomerates in the world. Sims, who's married with three children, is one of the highest-ranking female executives at WBD. Its stock rose 300% between 2007 and 2009. Legal Statement. McHale took a six month maternity leave which gave Zaslav the chance to work closely with Hendricks for six months. She has written extensively about the news media. She joined Discovery in 2018 with the acquisition of Scripps Networks Interactive and was responsible for launching long-running series such as "Fixer Upper" and "Flip or Flop" as well as "The Property Brothers. I think Fox News is much more of an advocacy network than a news network, Zaslav said, according to Washington Post media reporter Jeremy Barr. 6 min read. Discovery, some in the building noticed the contrasting vibe that Zaslav's team brought to the table. RobertIger, executive chairman of the Walt Disney Co. and who once ran ABC, gave over $1 million. Zasav liked the mixture of educational opportunities and a fun college experience that he saw at Binghamton. Instead, he received a Bachelor of Science degree. He and his graduate friends would sometimes sneak into Red Sox games at Fenway Park during the seventh inning. 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. Longtime Discovery chief David Zaslav, who will soon oversee CNN as part of his company's merger with WarnerMedia, called his future competitor Fox News Channel "much more of an advocacy. Discovery CEO David Zaslav said CNN is renewing its focus on journalism signaling he wants the scandal-scarred, left-leaning network to eventually deliver straight news that also appeals to conservatives. The prime time program Steals and Deals was a hit. After a year of harsh headlines- the result of some unpopular decision making Leavy is unfazed and helps Zaslav shut out the noise as he streamlines and repositions WBD for what's likely to be a bumpy year. While AT&T executives mostly . "The older I've gotten, the blunter I have become," she said, adding, "I really value people speaking very honestly and directly. RELATED: Anonymous Batgirl Actor Allegedly "Very Offended" Over Film's Cancellation, Says Warner Bros. Currently, DISCA is present in 200 countries and territories. 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 lack of transparency in super PAC donations loomed as we scoured the FEC database. So far, she has mandated that WBD staffers have to return to the office three days a week. But here is where it fell short. Steven J. Ross Humanitarian Award from the UJA-Federation of New York in 2012. So far they've navigated a controversial entrance, having axed Patty Jenkins' "Wonder Woman 3" as they reconfigure the DC slate for the next few years. Discovery CEO David Zaslav "Is An Imbecile And His Cowardice Is Breathtaking" While a level of sadness and anger in response to a long-awaited release is standard, these particular fans took things to the next level and began blaming the loss of these animated projects to Zaslov . He negotiated deals with Comcast, Time Warner and Direct TV. I do. Sheryl Sandberg, COO of Facebook, gave $500,000 mostly to Democrats. It's a job made all the harder with the threat of a recession, inflation, declining ad market, and an increasingly competitive streaming arena. Mutual Fund and ETF data provided by Refinitiv Lipper. Sims leads WBD's global legal teams, managing all legal issues for the company in nearly 20 offices around the world. The results were surprising. This material may not be published, broadcast, rewritten, or redistributed. The public reason given was that Zucker didn't disclose a sexual relationship with CNN executive Allison Gollust, which immediately raised eyebrows as their relationship was widely known. P. NATIONAL CABLE AND TELECOMMUNICATIONS ASSOCIATION POLITICAL ACTION COMMITTEE (NCTA PAC) ZASLAV, DAVID. Newhouse School of Public Communications in 2014. Discovery will generate more than $3 billion in free cash flow this year, about $4 billion next year and close to $6 billion in free cash flow in 2024, according to company forecasts . I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. James Murdoch, who left the family Fox News business, donated over $2.25 million. David Zaslav in the conference of Discovery Inc.Source: Google. "David Zaslav has been much more open to our exploring all of our animated IP and being able to do it on different platforms," she said at a November conference in London, Variety reported, where she also announced the studio was closing a deal with Amazon for animated DC programming. World Series champion Chris Taylor and Mary Keller, Wife & Wedding Bliss | Baby Completes Family in the Cooper Barnes Wiki, Jordan Zaslav, Jamie Zaslav and Pam Eisinger. Zaslav vowed last year to take a "hands-on" role in the operations of CNN and it looks like he will have his hands full. A slew of others quit or retired of their own accord, including legendary Pentagon reporter Barbara Starr. President and Chief Executive Officer of Discovery Inc. Emma Watson Dating Alicia Keys Brother, Cole Cook? I went to McDonalds drive-thru for lunch but left with bags of cash instead, Plane bound for Puerto Rico hits another aircraft at JFK, days after near-collision, Ex-'SNL' star talks MLK Jr. 'penis' statue in 'Daily Show' debut: 'Can't unsee it', Tory Lanezs former lawyer clarifies he was not fired, speaks on trial loss, White Lotus stars take Milan Fashion Week by storm, Nicole Williams gives birth, welcomes first baby with husband Larry English, The Fabelmans Flops on Jeopardy After All 3 Contestants Fail to Name Spielbergs Film, Wife of 'Boy Meets World' star William Daniels details 'painful' 'open marriage'. At Discovery, she developed two internship programs to help law students from diverse backgrounds and was an advisor to Discovery's Women's Leadership Network, an employee resource group. Jeff Bezos and Mark Zuckerberg fund swaths of lobbyists in Washington. WBD is hoping 2023 is a "rebuild" year, as CFO Gunnar Wiedenfels promised during a recent investor conference. The experienced exec an alum of Netflix and Disney's ABC leads Warner Bros.' robust television group, from the TV studio that produces hit series including "Ted Lasso," "You," and "Abbott Elementary" to unscripted series to animation. The CEO, whose company owns CNN, Warner Bros., HBO, Animal Planet and TLC, told reporters at Allen & Co.s summer camp for billionaires in Sun Valley, Idaho, that CNNs new approach will pay off in the long term, even as ratings sink to historic lows. David Zaslav, the CEO of the Discovery Networks, is one of the successful businessmen in the present time. For . See how you can help. Zaslav was speaking at the Paley International Council Summit when he . According to the sources, David Zaslav has an estimated net worth of $200 million as of the year 2020. 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