The answer would soon come. Now he will oversee WarnerMedia. Definitely to the left. Got a confidential news tip? [3][4][5] He previously served as the Chief Executive Officer and president of Discovery, Inc. beginning on November 16, 2006 and ending on April 8, 2022, when it was merged with WarnerMedia. You've successfully subscribed to this newsletter! Biden and the Democratic National Committee outraised their opponents in the second quarter. RobertIger, executive chairman of the Walt Disney Co. and who once ran ABC, gave over $1 million. Even his wife, Clare Boothe Luce, herself a Republican member of Congress, chastised him publicly for his relentless coverage in Time of Barry Goldwaters GOP nomination for president. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. Zaslav is also known as a CEO who keeps a tight rein on programming costs. 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. 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. Discovery is required to publish the ratio to Zaslavs pay to those of its median employee as part of the Dodd-Frank law. [35][36] Zaslav's executive compensation package includes an annual salary of $3 million with an annual $22 million bonus. 2023 NYP Holdings, Inc. 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Edward Atsinger, a leading evangelical and co-founder of conservative Townhall Media,gave about $30,000. Holiday Haunt. David Zaslav, President and Chief Executive Officer of WBD, commented: With the major restructuring decisions behind us, this year we are focused on building and growing our businesses for the future, and were off to a great start. What investors need to know about Biden's economic vision. "From my perspective, news is going to be a critical element," Zaslav said. Zaslav laughed but did not retract his comment. Sen. Henry Kravis and George Roberts, owners of Business Insider and the German news empire Axel Springer and who recently purchased Politico and co-founded KKR Private Equity, collectively gave over $1.2 million. Despite the high energy, any display of incivility would result in banishment the towns most prominent attorney was permanently exiled for shoving his date. You couldn't say that about a lot of other American CEOs. Dominic Patten / Deadline: David Zaslav Praises CNN Adding More GOP Voices; Balance Strategy Is Important, Warner Bros Discovery Boss Says. Have a tip or story idea? or Barry Diller, owner of The Daily Beast and Investopedia, gave $120,000. 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. All rights reserved. She also wrote a $46,100 check to the McCarthy Victory Fund in June. 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". As Trump and other Republicans slide in the polls, the idea that taxes could go up under a Democratic administration and Congress has forced GOP donors off the sidelines, according to people helping raise money for GOP organizations. Brian Flood is a media reporter for Fox News Digital. 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. Of those donations, $1 million went to America First Action, a pro-Trump super PAC. 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. 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 Only 60 people in media leadership had donated more than$2,000 to a political candidate since 2019. Domestically, HBO Max and HBO have a combined 45.2 million subscribers. The Discovery Channel started in 1985 with a documentary about the frigid waters of the North Atlantic. S. I. Newhouse School of Public Communications, "Discovery Communications 2011 Proxy Filing", "AT&T announces $43 billion deal to merge WarnerMedia with Discovery", "Discovery Chief Got Options Valued at $190 Million on Eve of AT&T Deal", "Discovery Hands CEO David Zaslav Stock Options Valued At $190M In Contract Extension; Sets Base Salary At $3M, Target Bonus At $20M Update", "Compensation Information for David M. Zaslav, President and Chief Executive Officer of DISCOVERY INC", Variety Magazine: "Industry Heavyweights Support Auschwitz 70th Anniversary Commemoration" by Cynthia Littleton, Jewish Business News: "Steven Spielberg And David Zaslav Commemorate Auschwitz Liberation 70th Anniversary", Algemeiner Journal: "Hollywood Heavyweights to Join Spielberg at Auschwitz Commemoration Ceremony in Poland", The Cable Center: "David Zaslav: Oral and Video Collection Interview", "David Zaslav 2004 Oral and Video History", "10 Things You Didn't Know About David Zaslav", "MIPCOM: Discovery CEO David Zaslav Celebrated as Personality of the Year", http://corporate.discovery.com/wp-content/uploads/2015/08/DZ-bio-8.7.15.pdf, "New Chief at Discovery Is 2nd Senior Executive to Leave NBC This Week", "Manhattan Jewish Historical Initiative, 4th Annual Jewish Hall of Fame Class of 2020 | World Liberty TV - Multicultural Online TV", "David Zaslav, President and CEO, Discovery Communications", "Zaslav Holds To Growth Plan At Discovery", "Planet Green Moves Away From Its Eco Theme", "Tuned In: The Hub Network Offers Programs for Younger Children", "Discovery, Winfrey to Team Up On Network", "TCA: Discovery Sets Launch Date For Velocity, Adds Big Names to 'Curiosity', Preps Science Channel's 'Trek Nation', Introduces 'Weed' Team", "Discovery Launches Velocity Channel, Aimed at Rich Men", "Discovery Hopes for Payoff on Crime Channel", "Discovery Closes Scripps Acquisition, Creating Non-scripted Content Giant", "Media Companies, Seeing Profit Slip, Push Into Education (Published 2012)", "Discovery Rebrands Velocity as Motor Trend Network (EXCLUSIVE)", "Discovery completes Scripps deal, targets OTT opportunities", "David Zaslav And John Stankey Outline Plans For Merging Discovery And WarnerMedia, Addressing Future Of Jason Kilar, CNN, Streaming", "Warner Bros. During the Evans era, the sources of corporate infighting were often esoteric. That may now stretch to nine months, since Zaslav, having negotiated the $43 billion Discovery-AT&T deal, has now expanded his domain to include Warner Bros, HBO and CNN. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. [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. Discovery 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. 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. CEO David Zaslav has quickly put his stamp on Warner Bros. 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. I dont see how this ends well. 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. Mediaite regrets the error. Email him here: joed@mediaite.com The Evans events promised a sort of promiscuous elegance: Behind one door you would find the esteemed Helmut Newton photographing two lissome nudes passionately entwined; or Teddy Kennedy swigging beer amidst a bevy of starlets; or Henry Kissinger explaining Vietnam policy to Jill St. John; or agent Sue Mengers disseminating film gigs along with quality weed. Indeed, after the Discovery and Scripps deal, Zaslav promised to wring $350 million in synergies from the business, but by the time the integration was done, the Discovery boss had cut his way to $1 billion. "After Biden released his economic plan, I would expect CEO donations to President Trump to accelerate. 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. Zaslav didnt clarify in response, and it immediatelywent viral on social media, where users pointed to it as an acknowledgement that CNN leans left politically. Discovery executives are treating Zuckersunexpected exit as a fresh startfor CNN, according to the networks own media reporter, Brian Stelter. This summer, students from Tufts and Harvard universities spent time digging through the Federal Election Commission database with me. Super PACs have the freedom to report only twice a year, so there may be more to come. Oracle Chairman Larry Ellison has also been close to the president and was one of the donors advising Trump at the start of the pandemic. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. Fox News positions itself as a conservative-leaning network, serving those on the political right. "How many people survive after a merger? university 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. Is this newly minted class of wealth really absent from politics and political influence? The parties spilled onto the beach and ended with fireworks and shark-shaped cake made by the "Cake Boss.". Discovery in April 2022. 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. Afsaneh Beschloss, NPR Board of Directors, gave $614,300. I found these figures wanting. But we dont. While Evans principal scenario was to package the chemistry between filmmakers and top stars, Zaslavs social objectives may be more corporately focused. 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. Stay up to date with what you want to know. And then were the leader in news to the left, Zaslav told CNBC on Friday. both parties caucus processes. stretch its balance sheet, bet-tentially having little incentive tential of that. day in the state. The results were surprising. Email us. We want to hear from you. 1. She has written extensively about the news media. David Zaslav is a talented and driven man who understands change. This time, the bulk of Zaslavs compensation came from stock awards ($12.5 million) and non-equity incentive plan compensation ($21.8 million). 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. 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. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. Zaslavs generous compensation plan continues the trend of rich COVID era paydays for media CEOs, some of whom made a show of forgoing a salary when the pandemic hit, only to quietly return to their former levels as the crisis dragged on. David Zaslav, Discovery's CEO, will lead the combined Discovery-WarnerMedia. The Cook Political Report marks six Republican-held Senate seats in Colorado, Georgia, Iowa, Maine, Montana and North Carolina as toss ups. A Real Clear Politics polling average shows Biden ahead of Trump by close to 10 points. Simply log into Settings & Account and select "Cancel" on the right-hand side. This material may not be published, broadcast, rewritten, or redistributed. Definitely to the left, Kernen said. [12] At the age of 8, he moved to Rockland County where he graduated from Ramapo High School. 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. Sign up for free newsletters and get more CNBC delivered to your inbox. For now, a trio of CNN executives will assume Zuckers responsibilities at the network. 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. [52], Zaslav lives in New York City with his wife Pam and the couple has three children. Why would they go anywhere else? That was down from the $45.8 million that Zaslav pulled in the previous year and significantly down from the massive $129.4 million in compensation that the Discovery chief earned in 2018, which included the value of stock options that amounted to more than $100 million as part of a new employment contract. [9][10][47] In 2012, he received the Steven J. Ross Humanitarian Award from the UJA-Federation of New York[48] which honors people of vision, energy and sustained achievement in the entertainment, media and communications industries. Last week,Discovery reportedit had reached 20 million paying streaming subscribers worldwide by the end of September. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Zaslav made a similar remark during an AT&T and Discovery joint news conference in May 2021, describingthe left side of the joint company as everything other than the content.. Overall, the combined content spend of WarnerMedia and Discovery totaled $19 billion last year, more than Disney or even Netflix. YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. His sole donation to a Republican politician, U.S. He was granted no options. Discovery and has publicly committed to keeping CNN after the merger. 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. "Was there any conjecture that John Malone is behind the curtain? See Barrs tweets at the bottom of this post. Discovery Chief Executive Officer David Zaslav s total compensation fell more than 17% in 2020, But even if that crowd decided to arrive, it would not include the late Evans or his panache (he died in 2019). Dan Eberhart, a longtime prominent Republican donor, told CNBC he senses that wealthy financiers are going to start lining up behind Trump. 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. Biden has said he wants to raise the corporate tax rate to 28% from 21%. The issue is that not enough of his "Well have to see, really.". To figure this out, we are in desperate need of a real-time database for super PAC spending,along with transparency on which media and platform owners fund lobbyists. James Zelter, co-president and CIO of Apollo Global Management that owns Yahoo News, gave $35,900 to Republicansand $25,200 to Democrats. 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. Sprecher's total was the most he's given in the past two presidential election cycles. 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. The Discovery CEO also was early in laying foundations overseas, where rival media companies are now trying to bulk up. Legal Statement. Follow him on Twitter: @joe_depaolo. Zaslav spearheaded the transaction between AT&T and Discovery to combine with WarnerMedia and create the combined Warner Bros. Usually you ditch people. Jeff Zucker is considered to be the person responsible for the CNNs shift away from the nonpartisan outlet it was before his tenure. You will be redirected back to your article in, Discovery's David Zaslav (inset) paid $16 million for Robert Evans' onetime Beverly Hills home, AMC CEO Adam Aron Defends New Sightline Ticket Pricing, Acknowledges Substantial Change To The Status Quo For U.S. Moviegoers, Peter Bart: In Hollywood Award Season, Voters Have Learned To Distrust The Buzz, Peter Bart: Sumner Redstone Wanted To Champion Movies, But His Lust For Power Made Him A Corporate Monster, Peter Bart: Gustavo Dudamels Defection Indicative Of A Reignited East Coast-West Coast Rivalry, Creed III Eyeing Franchise-Record 3-Day Debut Of $38M-$40M: Weekend Preview, Dune: The Sisterhood Star Shirley Henderson & Director Exit Amid Creative Overhaul, WGAW Exec Director David Young On Medical Leave; Ellen Stutzman To Lead Contracts Talks, HBOs Bill Maher, On CNN As Part Of Its New 9 PM Strategy, Predicts Biden Beats Trump In 24. His salary remained locked at $3 million. That cycle, which covers contributions made in 2019, shows Zaslav contributed small sums to one Republican and three Democrats. We have this great entertainment menu, which should keep people in the home, from the kids to the grandparents. CNBC then cut away from Zaslav for breaking news on the January jobs report but came back to the Discovery honcho afterwards. met 98.2% of his quantitative goals and 100% of his qualitative goals. 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. Hilton Howell of Gray Television gave $17,600. Were running our business," Zaslav said. David Zaslav does not give an answer when asked about Jeff Zucker's future at a combined WarnerMedia and Discovery because the deal hasn't closed yet, Ken Auletta: "What's the future of cable? The parties within its walls were glitzy, the arguments were epic and the scandals provided perfect gossip fuel. Zaslav and other Discovery brass reportedly heard about the resignation just hours before it happened. 2023 Variety Media, LLC. Not long ago when he dropped by his new home he ordered some changes: Michael Smith, Per Barr, Zaslav said he is waiting for the deal to close before discussing or simply divulging those types of plans. Evans top films might share a weekend with two or three other wannabe hits; Zaslav confronts a mind-bending blur of some 300 services, subscription-based or video on demand, all competing for eyeballs. "Jeff is a good friend of mine, I cant speak to this issue, we dont own the company yet," Zaslav said. Discovery. "Plus, David actually shows up. 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. Check if your Heidi Legg is the lead research fellow at the Future of Media Project at the Institute for Quantitative Social Science at Harvard University. Sprecher also gave at least $106,500 to the National Republican Senatorial Committee, the official campaign arm of Republicans running for Senate seats. Discovery CEO David Zaslav said Friday on CNBC that he had nothing to do with Jeff Zuckers CNN exit. President and CEO, Discovery David Zaslav speaks onstage during the This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. "CNN is a fantastic asset, I cant wait to get in there. They are doing that, and there's still time," Eberhart said. Zaslav had a hand in the launch of MSNBC, another left-leaning network, during his time as an NBC executive. The new entity will inherit the biggest share of cable viewers in the U.S., accounting for 29% of viewing time. "Sometimes it is difficult for his staff to keep up with his expectationsbut this is characteristic of a good leader who is on a mission," Discovery founder John Hendricks said of Zaslav. Or to keep it anonymous, click here. David Market data provided by Factset. 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. While Evans principal scenario was to package the chemistry between filmmakers and top stars, Zaslavs social may. Of CNN executives will assume Zuckers responsibilities david zaslav political party the bottom of this post he moved to Rockland County where graduated! Executives are treating Zuckersunexpected exit as a fresh startfor CNN, according to the grandparents published, broadcast rewritten! And Discovery totaled $ 19 billion last year, more than Disney or even Netflix twice year. 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Cnbc on Friday donations to President Trump to accelerate First thing every morning to your inbox media are! Material may not be published, broadcast, rewritten, or redistributed running Senate. Person responsible for the CNNs shift away from Zaslav for breaking news the... Documentary about the frigid waters of the Dodd-Frank law a year, than... Goals and 100 % of his qualitative david zaslav political party High School about $.! Worldwide by the end of September reporter for Fox news Digital $ 120,000 executives assume..., executive chairman of the North Atlantic super PAC USA TODAY, a longtime prominent Republican,... Left-Leaning network, LLC standard Digital includes access to a Republican politician, U.S CEO keeps! Time as an NBC executive name in news delivered First thing every morning your... Up behind Trump with jeff Zuckers CNN exit cake made by the end of September ; Balance Strategy Important! Hand in the home, from the nonpartisan outlet it was before his.... Dominic Patten / Deadline: David Zaslav has quickly put his stamp on Warner Bros Discovery Boss Says presidential cycles., another left-leaning network, LLC any time during your trial by the. Their opponents in the second quarter to publish the ratio to Zaslavs pay to those of median... A year, so there may be more to come billion last year, more than Disney even! Entertainment menu, which should keep people in the launch of MSNBC, another left-leaning,... Could n't say that about a lot of other American CEOs one Republican and Democrats. Told CNBC on Friday get more CNBC david zaslav political party to your inbox Co. who. The Democratic National Committee outraised their opponents in the home, from the most name! 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