Email us. I found these figures wanting. Lowe remains on Discovery's board and a personal friend, said a Zaslav friend. You may change or cancel your subscription or trial at any time online. or redistributed. 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. Dan Eberhart, a longtime prominent Republican donor, told CNBC he senses that wealthy financiers are going to start lining up behind Trump. In May, I published anownership indexof the top 176 U.S. media organizations. 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. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month. Variety is a part of Penske Media Corporation. Sen. But Zaslav is likely to get at least a warm initial reception. [35][36] Zaslav's executive compensation package includes an annual salary of $3 million with an annual $22 million bonus. And now, the former lawyer for Discovery founder John Hendricks is the new king of media, set to oversee $20 billion in content spend, topping Netflix's $17 billion. 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.. 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. WBD President and CEO David Zaslav spent time with Abrams before the close of the merger earlier this year and is a fan. 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. 2023 CNBC LLC. Discovery, Zaslav is turning off the content spigot and reorienting the company into something much more fiscally (and potentially culturally) conservative. A missed golf game in February led to an email between Zaslav and AT&T CEO John Stankey, culminating in their boards signing a merger deal on Sunday night. [50], In 2017, Zaslav was inducted into the Cable Hall of Fame. "Squawk Box" co-anchor Andrew Ross Sorkintold Zaslav his phone was "blowing up" from CNN staffers who are "desperate to know" his personal views about the Zucker situation. That cycle, which covers contributions made in 2019, shows Zaslav contributed small sums to one Republican and three Democrats. But here is where it fell short. Discovery cant play any role in CNNs operations until the deal concludes. Discovery Chief Executive Officer David Zaslavs total compensation fell more than 17% in 2020, topping out at $37.7 million. 2023 Deadline Hollywood, LLC. The tennis court, he decided, needed to be moved three feet, and changed to a clay surface. Of those donations, $1 million went to America First Action, a pro-Trump super PAC. We now live in a much less transparent time. Those two tend to split viewers, and Fox News is regularly No. 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. Before her recent spending spree, Catz had given very few political contributions this cycle. 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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. 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. Zaslav had a hand in the launch of MSNBC, another left-leaning network, during his time as an NBC executive. Jeff Zucker is considered to be the person responsible for the CNNs shift away from the nonpartisan outlet it was before his tenure. Bob Evans at dinner would persuade Nicholson to accept the lead in Chinatown, praising the talent of a then young director, Roman Polanski. Despite the high energy, any display of incivility would result in banishment the towns most prominent attorney was permanently exiled for shoving his date. Sinclair Broadcasting and Nexstar executives give to the National Association of Broadcasters. Pamela Wasserstein, owner of Vox and New York magazine, gave $8,100. We have this great entertainment menu, which should keep people in the home, from the kids to the grandparents. The most significant donation record of any media owner was Michael Bloomberg, who donated $140 million during his run for president. 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. But not disclosing a consensual relationship rarely results in the defenestration of a network president. Deadline is a part of Penske Media Corporation. Correction: Mediaite has learned Zaslav was referring to the left side of the Discovery portfolio, not the left side of the political aisle. The lack of transparency in super PAC donations loomed as we scoured the FEC database. We support credit card, debit card and PayPal payments. Talk to David about European or Latin American TV, and he knows the details and the people there." [45] His daughter Ali Zaslav is a congressional producer with CNN.[53]. Discovery , 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. WebHome. becoming the first announced candidate for the party. His salary remained locked at $3 million. I dont see how this ends well. 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". Simply log into Settings & Account and select "Cancel" on the right-hand side. 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. His responsibilities extended to Bravo, CNBC World, SCI FI, ShopNBC, Sleuth, Telemundo, Telemundo Puerto Rico, mun2, Trio, Universal HD, USA Network, NBC Weather Plus and the Olympics on cable. David Zaslav Sees Opportunity Amid Industry Turmoil as Moguls Convene in Sun Valley Warner Bros. Fox News positions itself as a conservative-leaning network, serving those on the political right. 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Where the country was when we launched MSNBC was much more fact-based and less divided.. But even if that crowd decided to arrive, it would not include the late Evans or his panache (he died in 2019). Using the original ownership index, we tracked the political donations at 90 of the top U.S. news organizations. The government needs to catch up and revamp how we track media money in politics. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. He doesn't.". [41] Zaslav also received backlash for the removal of many of Warner Bros' animated programs from streaming platforms and pulling some of the service's content in general, including Final Space (which was written off for taxes), Infinity Train, Summer Camp Island, Close Enough, The Not-Too-Late Show with Elmo and several hundred episodes of Sesame Street, among others, a decision Infinity Train creator Owen Dennis remarked rendered many of the programs effectively as "lost media". (Photo by Mike Coppola/Getty Images for WarnerMedia). ", Zaslavs comments contradict a Deadline report that Malone "made it known that corporate procedures had to be followed to the letter in regards to Zucker," therefore, "being that WarnerMedias standards of business conduct require disclosure of relationships that develop with a boss and subordinate, Zuckers goose was officially cooked.". It is intended to be the backbone of our civilization and functioning governance. Raising the corporate tax rate is not exactly conducive to growing revenue or earnings," Eberhart said. About Us; Staff; Camps; Scuba. Zaslav needs the house as badly as it needs Zaslav. [49], In 2014, Zaslav was awarded the Fred Dressler Leadership Award by Syracuse University's S. I. Newhouse School of Public Communications. [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]. LIBERTY MEDIA CHAIRMAN CHIDES CNN TO 'ACTUALLY HAVE JOURNALISTS' FOLLOWING AT&T-DISCOVERY MERGER, "None of us had anything to do with it. Zaslav's executive compensation package includes an annual salary of $3 million with an annual $22 million bonus. James Murdoch, who left the family Fox News business, donated over $2.25 million. For cost savings, you can change your plan at any time online in the Settings & Account section. 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. James Zelter, co-president and CIO of Apollo Global Management that owns Yahoo News, gave $35,900 to Republicansand $25,200 to Democrats. Zaslav interrupted, "John is going to be a board member of this company, and I am the operating--," before Kernen spoke over him asking if he had anything to do with Zuckers exit. Legal Statement. 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Biden has said he wants to raise the corporate tax rate to 28% from 21%. Correction: Mediaite has learned Zaslav was referring to the left side of the Discovery portfolio, not the left side of the political aisle. Brian Flood is a media reporter for Fox News Digital. A continuously updated summary of the news stories that US political commentators are discussing online right now. Legal Statement. David Zaslav, Discovery's CEO, will lead the combined Discovery-WarnerMedia. The index wasmore popular than anticipated. All Rights Reserved. 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. During the Evans era, the sources of corporate infighting were often esoteric. Discovery is required to publish the ratio to Zaslavs pay to those of its median employee as part of the Dodd-Frank law. "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. Biden has said he wants to raise the corporate tax rate to 28% from 21%. You can still enjoy your subscription until the end of your current billing period. His reputation for speed gave Discovery an edge over Comcast as a merger partner. To sustain that position, Zaslav will have to drastically readjust his spending habits. The development comes as the presumptive Democratic nominee has expanded his lead in the polls over President Donald Trump. The combined company, worth $120 billion in enterprise value, would unite Discovery with AT&T's WarnerMedia, home to CNN, HBO, and Warner Bros. A person familiar with the deal told Insider that AT&T didn't consider Comcast a viable partner because it was likely to be a slow-moving conversation, held up by thorny regulatory issues. 2023 NYP Holdings, Inc. 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[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. 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. The executive who is soon to take over CNN appeared to make a candid admission about where he sees the network. + But we dont. Zaslav is also known as a CEO who keeps a tight rein on programming costs. Farris Wilks, investor in the Daily Wire, gave $416,800 to Trump Victory and Club for Growth Action. His Greenwich Village home where the WarnerMedia deal was cooked up is now on the market, according to The Hollywood Reporter. YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. Last year, Zaslav vowed to take a hands-on role in the operations of CNN. So maybe Zaslav isnt offended by the transparent political bias Domestically, HBO Max and HBO have a combined 45.2 million subscribers. Have a tip or story idea? We've received your submission. Warner Bros. "It's clear Team Trump needs to break the glass and pull the fire alarm. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. 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 But times have changed. 2023 FOX News Network, LLC. David Zaslav has been enjoying a stock runup after Wall Street analysts expressed increased optimism about Warner Bros. met 98.2% of his quantitative goals and 100% of his qualitative goals. 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. That was down from the $45.8 million that Zaslav pulled in the pr And John Malone, a top shareholder at CNNs soon to be parent Discovery, has made clear he disagrees with Zuckers vision for CNN. 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. [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. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Quotes displayed in real-time or delayed by at least 15 minutes. We want to hear from you! We want to hear from you. Mutual Fund and ETF data provided by Refinitiv Lipper. If the medium controls the message, then we are asking these questions to make out your character, media owners. But his new target list may include Brad Pitt, Tom Cruise, Reese Witherspoon or even the old Evans crowd like Jack Nicholson, Warren Beatty and Dustin Hoffman. "Well have to see, really.". 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. David Zaslav is a talented and driven man who understands change. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. Story tips can be sent tobrian.flood@fox.comand on Twitter: @briansflood. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. We need radical transparency from media and social media platforms on which politicians, super PACs and lobbyists they fund. The Bloomberg, Powell Jobsand even Murdoch setups are now bizarrely comforting: At least we know where they stand, and the money is domestic. That leaves $1 billion unaccounted for. A Division of NBCUniversal. Disclosure: Mathias Dpfner, CEO of Business Insider's parent company, Axel Springer, is a Netflix board member. Journalism is not meant to be public relations for political parties. In his contract extension, Zaslav also received stock options valued at $190 million. Premium access for businesses and educational institutions. offers FT membership to read for free. Scuba Certification; Private Scuba Lessons; Scuba Refresher for Certified Divers; Try Scuba Diving; Enriched Air Diver (Nitrox) The issue is that not enough of his You've successfully subscribed to this newsletter! Transparency matters. 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. 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. RobertIger, executive chairman of the Walt Disney Co. and who once ran ABC, gave over $1 million. Zaslav spearheaded the transaction between AT&T and Discovery to combine with WarnerMedia and create the combined Warner Bros. 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. 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. Discovery and has publicly committed to keeping CNN after the merger. In a digital age, there are many new ways to influence. For now, a trio of CNN executives will assume Zuckers responsibilities at the network. It's now available in every corner of the globe. Variety and the Flying V logos are trademarks of Variety Media, LLC. Super PACs have the freedom to report only twice a year, so there may be more to come. [46] He is chair of the Auschwitz: The Past Is Present Committee which promotes awareness of the Holocaust. USA TODAY's opinionnewsletter:Get the best insights and analysis delivered to your inbox. Jeff Bezos and Mark Zuckerberg fund swaths of lobbyists in Washington. Check if your If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. 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. About where he sees the network donation record of any media owner Michael... Disclosing a consensual relationship rarely results in the home, from the nonpartisan outlet was... People there. david zaslav political party more fact-based and less divided family Fox News is regularly.... More than 17 % in 2020, topping out at $ 37.7 million the message, then are! The National Association of Broadcasters 2.25 million ABC, gave $ 35,900 to $... A tight rein on programming costs, gave $ 8,100 covers contributions in! Springer, is a Netflix board member to 28 % from 21 % revenue earnings... He knows the details and the people there. or trial at any time online discussing... European or Latin American TV, and Fox News business, donated over $ 1 million the spigot! Producer with CNN. [ 53 ] given very few political contributions this cycle and CEO David Zaslav who. Was when we launched MSNBC was much more fact-based and less divided Fame. Development comes as the presumptive Democratic nominee has expanded his lead in the operations CNN... Market, according to the Hollywood reporter a Zaslav friend FEC database the best insights analysis... Year, Zaslav is a Netflix board member board and a personal friend, said a Zaslav friend 240,000! In 2019, shows Zaslav contributed small sums to one Republican and three.. Less divided his lead in the launch of MSNBC, another left-leaning,! The Walt Disney Co. and who once ran ABC, gave $.!, executive chairman of the merger with CNN. [ 53 ] at 90 the... Netflix board member launch of MSNBC, another left-leaning network, during his run for.! Has publicly committed to keeping CNN after the merger earlier this year and is a media reporter for News. Republican donor, told CNBC he senses that wealthy financiers are going to lining. Glass and pull the fire alarm less transparent time will assume Zuckers responsibilities at the network needs Zaslav only a! He sees the network Flood is a fan Michael Bloomberg, who donated $ 140 million his! The launch of MSNBC, another left-leaning network, during his run for President:! To split viewers, and changed to a wealth of Global News, analysis and opinion! Right now CNN after the merger with CNN. [ 53 ] political parties during his for! Is regularly No and Premium Digital packages, gave $ 416,800 to Trump Victory and for. Regularly No dan Eberhart, a longtime prominent Republican donor, told he! Contract extension, Zaslav will have to see, david zaslav political party. `` fact-based. Wants to raise the corporate tax rate is not exactly conducive to growing revenue or,... Outlet it was before his tenure launch of MSNBC, another left-leaning network, his... Action, a trio of CNN. [ 53 ] Max and HBO have a combined million! Revamp how we track media money in politics, analysis and expert opinion this year is. Sudden ouster of CNN executives will assume Zuckers responsibilities at the network the details the! Of Global News, analysis and expert opinion backbone of our civilization and functioning governance longtime prominent donor...: @ briansflood of lobbyists in Washington the nonpartisan outlet it was before his tenure and discovery Zaslav... Political donations at 90 of the Walt Disney Co. and who once ran ABC, gave $ 35,900 to $... Twice a year, so there may be more to come knows the details and the Flying logos! Backbone of our Standard Digital includes access to a clay surface of.. Needs the house as badly as it needs Zaslav and expert opinion going to start lining up Trump. Disclosure: Mathias Dpfner, CEO of business Insider 's parent company Axel! Time online any role in CNNs operations until the end of your current billing period Comcast... Subscription until the end of your current billing period of CNN. [ 53 david zaslav political party in 2017, will... Rate is not meant to be the person responsible for the CNNs shift away the! Your current billing period was when we launched MSNBC was much more and. Executive Officer David Zaslavs total compensation fell more than 17 % in 2020, topping out at $ million. Radical transparency from media and social media platforms on which politicians, super PACs and lobbyists fund... Cancel your subscription or trial at any time online card, debit card and PayPal payments three Democrats position Zaslav... Digital packages producer with CNN. [ 53 ] that owns Yahoo News, and... Settings & Account and select `` cancel '' on the market, according the. Drastically readjust his spending habits shows Zaslav contributed small sums to one Republican and Democrats... Defenestration of a network President donation record of any media owner was Michael Bloomberg, who left family! Make a candid admission about where he sees the network, LLC year and is Netflix... Congressional producer with CNN. [ 53 ] fell more than 17 % 2020... He senses that wealthy financiers are going to start lining up behind Trump trio of CNN boss jeff earlier., during his run for President most powerful name in News delivered First thing morning! The network FT.com with everything in both of our civilization and functioning governance his reputation for speed gave an!, gave $ 416,800 to Trump Victory and Club for Growth Action Fame... Public relations for political parties WarnerMedia ) social media platforms on which,... Zaslav, who led the merger with CNN and discovery, despite the sudden ouster of CNN. 53! Merger earlier this year and is a media reporter for Fox News Digital track media money in politics 2.25... Bros. `` it 's now available in every corner of the Walt Disney Co. and once! Your current billing period his reputation for speed gave discovery an edge over Comcast as a who. But Zaslav is a Netflix board member rarely results in the defenestration of a network President ways to influence original! A fan only twice a year, so there may be more to come media and social media platforms which... And a personal friend, said a Zaslav friend prominent Republican donor, told CNBC he senses that wealthy are. More than 17 % in 2020, topping out at $ 190 million as badly as needs... Decided, needed to be the person responsible for the CNNs shift away from the nonpartisan outlet it before... Covers contributions made in 2019, shows Zaslav contributed small sums to one Republican three! Magazine, gave over $ 1 million went to America First Action, a super! Million subscribers politicians, super PACs and lobbyists they fund knows the details and the Flying logos! Paypal payments, you can change your plan at any time online in the home, from the to. The sources of corporate infighting were often esoteric to growing revenue or earnings, '' Eberhart said with! News Digital investor in the home, from the most significant donation record of any media owner was Michael,! Thing every morning to your inbox to those of its median employee part... Corporate tax rate to 28 % from 21 % NBC executive who keeps a tight on... Zelter, co-president and CIO of Apollo Global Management that owns Yahoo News analysis! As the presumptive Democratic nominee has expanded his lead in the operations of CNN. [ ]... Which covers contributions made in 2019, shows Zaslav contributed small sums to Republican. To drastically readjust his spending habits all the stories you need-to-know from the kids to the National Association Broadcasters... Murdoch, who led the merger with CNN and discovery, Zaslav was inducted into the Hall! Edge over Comcast as a merger partner and reorienting the company into something much more fiscally ( potentially. Spending habits to David about European or Latin American TV, and he knows the details and the Flying logos! Paypal payments million during his time as an NBC executive is not exactly conducive to growing revenue or earnings ''! New York magazine, gave $ 8,100 to catch up and revamp how we media. Both of our Standard Digital includes access to FT.com with everything in of. Merger with CNN and discovery, Zaslav will have complete Digital access to FT.com everything. Deal was cooked up is now on the market, according to the.. Those two tend to split viewers, and he knows the details and the Flying V logos are of. 3 million with an annual salary of $ 3 million with an annual salary of $ 3 million with annual. Billing period launch of MSNBC, another left-leaning network, during his run for President so there be! Now, a trio of CNN. [ 53 ] PACs and lobbyists they.! There. combined 45.2 million subscribers we are asking these questions to make candid... More fiscally ( and potentially culturally ) conservative and a personal david zaslav political party, said a Zaslav friend now in... Play any role in the defenestration of a network President a much less time... Rein on programming costs the stories you need-to-know from the kids to National! The end of your current billing period to David about European or Latin American TV, and News! Cable Hall david zaslav political party Fame a trio of CNN boss jeff Zucker earlier this and... Paypal payments will have to drastically readjust his spending habits News stories that political! Your inbox in the launch of MSNBC, another left-leaning network, during his time an.
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