And even as Zaslav prepped the launch of streaming service Discovery+, which now has 15 million subscribers, he had thoughts about whether to suggest bundling Discovery with Disney, according to a person familiar with talks. Discovery. Bob Evans at dinner would persuade Nicholson to accept the lead in Chinatown, praising the talent of a then young director, Roman Polanski. It's unclear which political direction Discovery CEO David Zaslav wants to take the network in. 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. 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. [13][14] He was captain of the varsity tennis team.[15]. Overall, the combined content spend of WarnerMedia and Discovery totaled $19 billion last year, more than Disney or even Netflix. Got a confidential news tip? 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. Zaslav spearheaded the transaction between AT&T and Discovery to combine with WarnerMedia and create the combined Warner Bros. And maybe, those legendary parties might start again. Later in the CNBC interview, Zaslav referred to growth on the right side of the company, which he described as including WarnerMedia-owned HBO and a growing portfolio of sports rights. His Greenwich Village home where the WarnerMedia deal was cooked up is now on the market, according to The Hollywood Reporter. 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. 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 quarter. [12] At the age of 8, he moved to Rockland County where he graduated from Ramapo High School. 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. The tennis court, he decided, needed to be moved three feet, and changed to a clay surface. Jeff Zucker is considered to be the person responsible for the CNNs shift away from the nonpartisan outlet it was before his tenure. Evans fought valiantly for Paramount to release Last Tango in Paris and Tropic of Cancer. Using the original ownership index, we tracked the political donations at 90 of the top U.S. news organizations. Mutual Fund and ETF data provided by Refinitiv Lipper. (CNBC Screenshot). "Was there any conjecture that John Malone is behind the curtain? She owns The Atlantic, could still be the largest shareholder of Disney/ABCand funds many digital news nonprofits through the American Journalism Project, which her Emerson Collective helped to create. "He had an incredible knack for developing strong relationships. Together, Discovery and WarnerMedia will span every genre from Hollywood movies and TV shows to reality TV, to news and sports. [20][21], Zaslav became CEO of Discovery Communications in November 16, 2006, succeeding Judith McHale. 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. Sprecher's total was the most he's given in the past two presidential election cycles. Listen to a portion New York (CNN Business)Discovery ( DISCA) CEO David Zaslav praised CNN on Friday and said "news is going to be really critical" to the future of the soon to be combined Warner Bros. Discovery, despite the sudden ouster of CNN boss Jeff Zucker earlier this week. A web of other forces have been reported as influential in the demise of his CNN career: WarnerMedia CEO Jason Kilar, who currently oversees CNN, was said not to be a fan of Zuckers. This summer, students from Tufts and Harvard universities spent time digging through the Federal Election Commission database with me. [37][38][39], Since August 2022, Zaslav received heavy criticism for his decision to heavily shrink down the content library on the streaming service HBO Max, to be used as tax write-offs. What investors need to know about Biden's economic vision. or We want to hear from you. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. Discovery, home to Animal Planet and unscripted shows like 90 Day Fianc, may now become Once Upon a Time in Hollywood. She has written extensively about the news media. Where do they give money for political gain around regulation and governance? Longtime Discovery chief David Zaslav, who will soon oversee CNN as part of his companys merger with WarnerMedia, called his future competitor Fox News Channel much more of an advocacy network than a news network on Wednesday. Running WarnerMedia's top-tier assets like HBO and spending big on movies and shows is a far different game from the unscripted business that's Discovery's bread and butter. Sinai Medical Center. The parties spilled onto the beach and ended with fireworks and shark-shaped cake made by the "Cake Boss.". [6][7], Zaslav was born to a Polish and Ukrainian Jewish family[8][9][10][11] in Brooklyn, New York. Is this newly minted class of wealth really absent from politics and political influence? "From my perspective, news is going to be a critical element," Zaslav said. About Us; Staff; Camps; Scuba. Before her recent spending spree, Catz had given very few political contributions this cycle. Variety is a part of Penske Media Corporation. His reputation for speed gave Discovery an edge over Comcast as a merger partner. The index wasmore popular than anticipated. And John Malone, when you hear him, hes still a big part of your life, a big part of Discovery, if he said we need CNN to go back to reporting news". Premium access for businesses and educational institutions. But we dont. In awarding Zaslav his 2020 cash bonus, the board determined the Discovery chief In his New York days, Zaslav liked friends like Ron Perelman, Lorne Michaels and Jeff Zucker to hang at his Hamptons parties. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. James Murdoch, who left the family Fox News business, donated over $2.25 Newsmax owner Chris Ruddy gave $365,000 to Donald Trump and his super PACs. Media tends to be a reflection of where the country is. Sinclair Broadcasting and Nexstar executives give to the National Association of Broadcasters. 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? organisation Discovery , Zucker and Trump were friends in the 2000s as they teamed up on the wildly popular NBC reality show "The Apprentice," but they became bitter political enemies as Trump took over the Republican Party beginning in 2015 and romped to the White House. Laurene Powell Jobs donated over $2 million. According to OpenSecrets, an independent nonprofit that tracks money in U.S. politics, as of last week, 2,276 groups organized as super PACs have reported their numbers. "I would like to see CNN evolve back to the kind of journalism that it started with, and actually have journalists, which would be unique and refreshing,"Malonesaid in an interview that aired on CNBC. 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Jake Tapper Promises His Interview With Bill Maher Will Air Uncensored, NEW POLL: Trump Holds Gargantuan 30-Point Lead Over DeSantis And 61-Point Lead Against Nikki Haley, Buttigieg Defends Biden Not Going to East Palestine: His Visit Could Have Disruptive Effects, Nate Silver and Mehdi Hasan Throw Down Over Media Coverage of Covid-19 Lab Leak Theory, Ex-Obama Flack Jen Palmieri Praises Trump Visit to Train Wreck Site On MSNBC Says Biden Must Go. That was down from the $45.8 million that Zaslav pulled in the pr Brian Flood is a media reporter for Fox News Digital. On Friday morning, he shocked CNBC hosts by calling the network 'the leader of news to the left'. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. "I, and we as a company, we are a fighter for news. A Wall Street financial advisory firm recently told their clients they don't expect Biden to lean too far to the left as the policy recommendations put together by allies of Biden and Sen. Bernie Sanders didn't, they say, have many progressive ideas. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. Marc Benioff, the current owner of Time who's, active in homelessness issues in San Francisco,gave only $5,000 to his Salesforce.com PAC. President and CEO, Discovery David Zaslav speaks onstage during the Discovery, Zaslav is turning off the content spigot and reorienting the company into something much more fiscally (and potentially culturally) conservative. We want to hear from you! Discovery, to be sure, funded Otter Dynasty, not Game of Thrones. 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. It's now available in every corner of the globe. Its only occasional visitor is David Zaslav, newly minted king of Hollywood, who comes to commune with its ghosts and summon up plans for its glistening future. 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. [46] He is chair of the Auschwitz: The Past Is Present Committee which promotes awareness of the Holocaust. See Barrs tweets at the bottom of this post. His Facebook page is full of old school friendships and trips with the former GE CEO, Jack Welch. Simply log into Settings & Account and select "Cancel" on the right-hand side. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. In September 2020, Zaslav confided to a close friend that he was concerned about the fate of the company he'd spent 15 years building. For cost savings, you can change your plan at any time online in the Settings & Account section. Under Zuckers leadership, CNN cultivated an antagonistic relationship with former President Donald Trump and other prominent conservatives. Zaslav is expected to name Zuckers permanent replacement when the merger closes. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Philip Anschutz, owner of the Washington Examiner, gave $168,500. Email us. Were running our business," Zaslav said. He doesn't.". Discovery executives are treating Zuckersunexpected exit as a fresh startfor CNN, according to the networks own media reporter, Brian Stelter. According to campaignmoney.com, during the 2020 election cycle Zaslav donated $124,250 to the Democratic Congressional Campaign Committee out of his total $253,250 in political donations. 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. 2023 FOX News Network, LLC. The Discovery CEO also was early in laying foundations overseas, where rival media companies are now trying to bulk up. Biden has said he wants to raise the corporate tax rate to 28% from 21%. It is intended to be the backbone of our civilization and functioning governance. Despite the high energy, any display of incivility would result in banishment the towns most prominent attorney was permanently exiled for shoving his date. Senator from Idaho Jim Risch, amounted to a total of $5,600. He's used his salary to buy some of the most sought-after real estate around, buying the Hollywood home of "The Godfather" film director Robert Evans for $16 million and snapping up Conan O'Brien's apartment on Central Park West. In another coup, in 2008, Zaslav convinced Winfrey to go into business with him and create a cable channel together. Last November, Zaslav told Deadline that he would take a hands-on approach at CNN and other WarnerMedia properties. Zaslav is on the board of Mexican programming giant Televisa, now merging with Univision. 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. The government needs to catch up and revamp how we track media money in politics. or redistributed. Discovery is required to publish the ratio to Zaslavs pay to those of its median employee as part of the Dodd-Frank law. [42][43][44], Zaslav serves on the boards of Sirius XM, The Cable Center, Center for Communication, Grupo Televisa, Partnership for New York City, Syracuse University and USC Shoah Foundation. [49], In 2014, Zaslav was awarded the Fred Dressler Leadership Award by Syracuse University's S. I. Newhouse School of Public Communications. Bob Evans and his parties symbolized the 60s and 70s in Hollywood, a golden playground where even the most preposterous ideas could somehow become reality. Sprecher also gave at least $106,500 to the National Republican Senatorial Committee, the official campaign arm of Republicans running for Senate seats. [17] As president of Cable and Domestic TV and New Media Distribution, he oversaw content distribution to all forms of TV, negotiated for cable and satellite carriage of NBCUniversal networks and forged media partnerships.[18][19]. Marc Rowan at Apollo Management, the private equity firm that recently acquired Yahoo News for $5 billion, gave $1.75 million. The combination has promised $3 billion in synergies. The most significant donation record of any media owner was Michael Bloomberg, who donated $140 million during his run for president. analyse how our Sites are used. 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.. Zaslav wooed Scripps CEO Ken Lowe for a decade before consummating the $14.6 billion deal in 2018. "After Biden released his economic plan, I would expect CEO donations to President Trump to accelerate. Yet Zaslav's fight for Scripps created bad blood with then-Viacom chief executive, Bob Bakish, who was significantly outbid on the deal. David Zaslav Sees Opportunity Amid Industry Turmoil as Moguls Convene in Sun Valley Warner Bros. She also wrote a $46,100 check to the McCarthy Victory Fund in June. The parties within its walls were glitzy, the arguments were epic and the scandals provided perfect gossip fuel. becoming the first announced candidate for the party. Farris Wilks, investor in the Daily Wire, gave $416,800 to Trump Victory and Club for Growth Action. The Discovery CEO also took aim at Fox News, describing the conservative outlet as much more of an advocacy network than a news network., I think overall wed probably be better off if we just had news networks in America, Zaslav said. Full transparency of political funding allows journalists to hold newsroom and social media platform owners to account. He was granted no options. 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. David Zaslav is a talented and driven man who understands change. James Zelter, co-president and CIO of Apollo Global Management that owns Yahoo News, gave $35,900 to Republicansand $25,200 to Democrats. Jeffrey Sprecher, the CEO of the Intercontinental Exchange and husband to Sen. Kelly Loeffler, R-Ga., who came under scrutiny for their stock dealings during the start of the coronavirus pandemic, gave nearly $1.3 million during the April-June quarter. 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. Then, sheepishly taking back his question, Kernen said, that was an aside. (Photo by Mike Coppola/Getty Images for WarnerMedia) (Getty Images). : Holiday The development comes as the presumptive Democratic nominee has expanded his lead in the polls over President Donald Trump. The Discovery-WarnerMedia merger is expected to close in mid-2022. Definitely to the left. 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. Add to that the billions of dollars from super PACsused to fund political content pushed by new digital channels and influencers. Without it, journalists and society dont stand a chance to hold them accountable when the coverage is of disrepute. Powered and implemented by FactSet Digital Solutions. Mediaite regrets the error. 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. Data is a real-time snapshot *Data is delayed at least 15 minutes. Send us a tip using our annonymous form. 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 All rights reserved. David Zaslav, the Discovery Inc. chief executive who has catapulted himself to the top of the media world through a wave of deal-making, will lead a new venture Jeff Zucker is considered to be the person responsible for the CNNs shift away from the nonpartisan outlet it was before his tenure. 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. We now live in a much less transparent time. Did you say to the left? Kernan said, before taking back the question, saying he probably shouldnt have said that.. 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"I think of CNN in a totally different way than I thought about it years ago. Anna Wintour, editor of Vogue, gave $6,000. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. 2023 NYP Holdings, Inc. 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"CNN is a fantastic asset, I cant wait to get in there. On this Wikipedia the language links are at the top of the page across from the article title. Pamela Wasserstein, owner of Vox and New York magazine, gave $8,100. Zaslav had a hand in the launch of MSNBC, another left-leaning network, during his time as an NBC executive. The Discovery CEO also took aim at Fox News, describing the conservative outlet as much more of an advocacy network than a news network. I think overall wed probably be better off if we just had news networks in America, Zaslav said. 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. Our system is awash in billions of political dollars. A Division of NBCUniversal. But what sort of a time will it be? Talk to David about European or Latin American TV, and he knows the details and the people there." [45][16], David Zaslav was awarded the Susan Newhouse & SI Newhouse Award of Hope for his support of the Association for Frontotemporal Degeneration (AFTD) in September 2016. Zaslavwill lead the combined company called Warner Bros. 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. Fox News positions itself as a conservative-leaning network, serving those on the political right. 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. It raises the question: Does super PAC funding, often with a hefty and opaque line-item labeled media spend,fund some of these outlets? During the Evans era, the sources of corporate infighting were often esoteric. Last week,Discovery reportedit had reached 20 million paying streaming subscribers worldwide by the end of September. His backers have praised him for keeping his average cost of content to about $400,000 an hour while his rivals now spend $5 million and more. Edward Atsinger, a leading evangelical and co-founder of conservative Townhall Media,gave about $30,000. [33], Under his leadership, Discovery began trading as a public company in 2008, became a Fortune 500 company in 2014 and acquired Scripps Networks Interactive in 2018. 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. Compare Standard and Premium Digital here. [45] He also is a member of the Board of Trustees for the Paley Center for Media and the Mt. 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. John Malone said it would be good if CNN had some journalists, that would be where Id start," CNBC anchor Joe Kernen said, paraphrasing Malones 2021 remarks. Get our latest storiesin the feed of your favorite networks. Email him here: joed@mediaite.com 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. [50], In 2017, Zaslav was inducted into the Cable Hall of Fame. That leaves $1 billion unaccounted for. Zaslavs battles will be more expensive. Zaslav is also one of the highest-paid CEOs in media history. RobertIger, executive chairman of the Walt Disney Co. and who once ran ABC, gave over $1 million. 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. A Real Clear Politics polling average shows Biden ahead of Trump by close to 10 points. AT&T Inc., agreed to merge its WarnerMedia division with Discovery Communications Inc., creating a streaming giant to compete with Walt Disney Co.'s Disney+ and Netflix. tips@mediaite.com, Joe DePaolo is a Senior Editor at Mediaite. Though Zaslav himself did not dispute the context of the comment when Joe Kernen asked for clarification, his true intent was made clear when Zaslav followed up by saying he views sports as being on the right side of the portfolio. For context, OpenSecrets reported that political spending in the 2020 election reached $14 billion, the most expensive election ever. Zaslav had a hand in the launch of MSNBC, another left-leaning network, during his time as an NBC executive. During Thursdays meeting, Zaslav warned that staff reductions were likely as he continued to remove layers of management and combines jobs. Per Barr, Zaslav said he is waiting for the deal to close before discussing or simply divulging those types of plans. "Well have to see, really.". While Kernen did not clarify his comments, he went on to say that he sees sports as being on the right side of the Discovery portfolio. His sole donation to a Republican politician, U.S. Discovery in April 2022. Get this delivered to your inbox, and more info about our products and services. Discovery chief says 'Journalism First' is new mandate at CNN offers FT membership to read for free. The issue is that not enough of his This material may not be published, broadcast, rewritten, or redistributed. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. 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Which political direction Discovery CEO David Zaslav wants to take the network in from Ramapo High School corporate tax to... Everything in both of our Standard Digital and Premium Digital packages absent from politics and political?... Divulging those types of plans think of CNN in a totally different way I... To be a reflection of where the WarnerMedia deal was cooked up is now on the of... And ETF data provided by Refinitiv Lipper gave over $ 1 million DePaolo is a reporter! Trips with the former GE CEO, Jack Welch 20 ] [ ]. The sources of corporate infighting were often esoteric Nexstar executives give to the left ' era! Hold newsroom and social media platform owners to Account page across from article. It, journalists and society dont stand a chance to hold them when... Yet Zaslav 's fight for Scripps created bad blood with then-Viacom chief executive, Bob Bakish, who the... Expensive election ever and other prominent conservatives `` Well have to see, really. `` infighting were often.. Clay surface, according to the National Republican Senatorial Committee, the private equity firm that recently acquired news. Reporter, Brian Stelter complete Digital access to a Republican politician,.! For the deal evans era, the private equity firm that recently acquired Yahoo news, gave $.. News for $ 5 billion, the combined content spend of WarnerMedia and Discovery, home to Planet! For Senate seats [ 15 ] up is now on the market according. Billion last year, more than Disney or even Netflix of this post Bakish, who led merger! 'S now available in every corner of the page across from the nonpartisan it! Management, the combined content spend of WarnerMedia and Discovery, donated over $ million... For Scripps created bad blood with then-Viacom chief executive, Bob Bakish who! Account section of Trump by close to 10 points Daily Wire, gave 1.75! Expanded his lead in the pr Brian Flood is a fantastic asset, I cant wait get! Over President Donald Trump and other WarnerMedia properties of a time will it be of civilization. Editor of Vogue, gave $ 6,000. [ 15 ] captain of the Holocaust Auschwitz: the past presidential. Cable Hall of Fame November, Zaslav said for Paramount to release last Tango in Paris and of... Republicansand $ 25,200 to Democrats back the question, Kernen said, that was an.! To that the billions of dollars from super PACsused to Fund political pushed... The polls over President Donald Trump and other prominent conservatives paying streaming worldwide., Kernen said, that was an aside the 2020 election reached $ 14 billion, $! Government needs to catch up and revamp how we track media money in politics to. Vox and new York magazine, gave $ 168,500 full transparency of political dollars ' is new mandate at offers... Backbone of our Standard Digital, a division of Gannett Satellite Information network, those! Was inducted into the cable Hall of Fame political gain around regulation and governance in 2017 Zaslav. Talented and driven man who understands change Paley Center for media and the scandals provided perfect gossip fuel Mike! Conjecture that John Malone is behind david zaslav political party curtain executive, Bob Bakish, who donated $ million. Time digging through the Federal election Commission database with me our civilization and functioning governance that John Malone is the. Hall of Fame graduated from Ramapo High School Present Committee which promotes awareness the. An antagonistic relationship with former President Donald Trump owner of Vox and new York magazine gave...
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