david zaslav political party

university Longtime Discovery chief David Zaslav, who will soon oversee CNN as part of his companys merger with WarnerMedia, called his future competitor Fox News tips@mediaite.com, Joe DePaolo is a Senior Editor at Mediaite. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. 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. 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 AT&T CEO John Stankey, who oversees WarnerMedia, has been focused on the merger with Discovery, and is thought to be disinterested in any aspect of the CNN operation. Got a confidential news tip? Raising the corporate tax rate is not exactly conducive to growing revenue or earnings," Eberhart said. To sustain that position, Zaslav will have to drastically readjust his spending habits. 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. I do. And John Malone, a top shareholder at CNNs soon to be parent Discovery, has made clear he disagrees with Zuckers vision for CNN. On this Wikipedia the language links are at the top of the page across from the article title. It raises the question: Does super PAC funding, often with a hefty and opaque line-item labeled media spend,fund some of these outlets? Sheryl Sandberg, COO of Facebook, gave $500,000 mostly to Democrats. Fox News positions itself as a conservative-leaning network, serving those on the political right. They are doing that, and there's still time," Eberhart said. Warner Bros Discovery (WBD) has reported financial results for the quarter and year ended December 31st 2022. 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. Add to that the billions of dollars from super PACsused to fund political content pushed by new digital channels and influencers. 2023 FOX News Network, LLC. Together, Discovery and WarnerMedia will span every genre from Hollywood movies and TV shows to reality TV, to news and sports. He also said, per Deadline: I think overall wed probably be better off if we just had news networks in America, rather than those with an opinion element. Discovery Chief David Zaslav 2020 Pay Drops to $37.7 Million. 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. Last November, Zaslav told Deadline that he would take a hands-on approach at CNN and other WarnerMedia properties. 2023 NYP Holdings, Inc. 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A Division of NBCUniversal. "From my perspective, news is going to be a critical element," Zaslav said. Lowe remains on Discovery's board and a personal friend, said a Zaslav friend. Sure, Henry Luce, the iconic publisher of Time, Fortuneand Life magazines, put his thumb on the scale. When Discovery assumes control of CNN, Zaslav will have a key decision to make right out of the box as it will have to replace newly-resigned CNN chief Jeff Zucker. Discovery. If the medium controls the message, then we are asking these questions to make out your character, media owners. Amanda Edwards/Getty Images for Discovery, NOW WATCH: Customers expect CEOs to take action against climate change now more than ever, Unilever executive says, would unite Discovery with AT&T's WarnerMedia, which could concern WarnerMedia employees, "move-fast and break things" style of the WarnerMedia's current chief executive, Jason Kilar. 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. 2023 CNBC LLC. 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? YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. "How many people survive after a merger? Why would they go anywhere else? 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. Zucker abruptly resigned this week after admitting he failed to properly disclose his relationship with another senior executive, CNN chief marketing officer Allison Gollust. 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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. [34], In May 2021, it was announced that Zaslav would serve as CEO of a proposed merger of Discovery with a spin-out of AT&T's WarnerMedia. A fiercely ambitious man with an appetite for the theatrical, Zaslav paid $16 million for the late Bob Evans home in Beverly Hills, originally telling friends he may spend three months a year in Hollywood, creating a livelier aura for his Discovery Channel. "I think of CNN in a totally different way than I thought about it years ago. [6][7], Zaslav was born to a Polish and Ukrainian Jewish family[8][9][10][11] in Brooklyn, New York. [20][21], Zaslav became CEO of Discovery Communications in November 16, 2006, succeeding Judith McHale. But we dont. 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. Zaslav then declared his company is "the leader of news in Poland" and noted that Trump and Biden administrations have both helped Polish news channelTVN24 stay afloat despite the Polish government trying to shut them down. [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. 2023 Variety Media, LLC. 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. As Trump and other Republicans slide in the polls, the idea that taxes could go up under a Democratic administration and Congress has forced wealthy GOP donors off the sidelines. Zaslav wooed Scripps CEO Ken Lowe for a decade before consummating the $14.6 billion deal in 2018. Only 60 people in media leadership had donated more than$2,000 to a political candidate since 2019. Holiday Haunt. Yet, we know little about their political views or how that money is being spent. Stay up to date with what you want to know. All rights reserved. Signup for Breaking News Alerts & Newsletters. Discovery in April 2022. In his contract extension, Zaslav also received stock options valued at $190 million. Did you say to the left? Kernan said, before taking back the question, saying he probably shouldnt have said that.. David Zaslav is a talented and driven man who understands change. 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. This story has been shared 108,510 times. 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. 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. It's now available in every corner of the globe. So maybe Zaslav isnt offended by the transparent political bias Standard Digital includes access to a wealth of global news, analysis and expert opinion. Of those donations, $1 million went to America First Action, a pro-Trump super PAC. 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. Check if your 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. Last week,Discovery reportedit had reached 20 million paying streaming subscribers worldwide by the end of September. Powered and implemented by FactSet Digital Solutions. [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. David Zaslav has been enjoying a stock runup after Wall Street analysts expressed increased optimism about Warner Bros. "He's masterful at presenting himself as an aw-shucks guy from Rockland County, but underneath in the middle of a deal he's more aggressive than one of the great whites on 'Shark Week,'" said a friend. President and CEO, Discovery David Zaslav speaks onstage during the All Rights Reserved. The merger between WarnerMedia and Discovery is reportedly set to be completed early in the spring. "He had an incredible knack for developing strong relationships. (CNBC Screenshot). 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? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. WBD President and CEO David Zaslav spent time with Abrams before the close of the merger earlier this year and is a fan. What investors need to know about Biden's economic vision. Mutual Fund and ETF data provided by Refinitiv Lipper. 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.. Sign up for notifications from Insider! Brooklyn-born Zaslav attended high school in Rockland County, where he was captain of the tennis team. 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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. 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. With Democratic voters po- turnout to overcome any po- week, spent Monday and Tues- by the parties. Journalism is not meant to be public relations for political parties. or 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. met 98.2% of his quantitative goals and 100% of his qualitative goals. Media mogul William Randolph Hearst famously declared, This is my newspaper, these are my views, take or leave it. Hearst boldly placed his editorials on the front page, with his picture, signed for Gods sake. There was no subterfuge. Zaslav and other Discovery brass reportedly heard about the resignation just hours before it happened. 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. That leaves $1 billion unaccounted for. Discovery Chief Executive Officer David Zaslavs total compensation fell more than 17% in 2020, topping out at $37.7 million. In May, I published anownership indexof the top 176 U.S. media organizations. James Zelter, co-president and CIO of Apollo Global Management that owns Yahoo News, gave $35,900 to Republicansand $25,200 to Democrats. The Discovery-WarnerMedia merger is expected to close in mid-2022. or redistributed. [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. Email him here: joed@mediaite.com 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. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. All Rights Reserved. Correction: Mediaite has learned Zaslav was referring to the left side of the Discovery portfolio, not the left side of the political aisle. While Evans principal scenario was to package the chemistry between filmmakers and top stars, Zaslavs social objectives may be more corporately focused. We now live in a much less transparent time. Overall, the combined content spend of WarnerMedia and Discovery totaled $19 billion last year, more than Disney or even Netflix. Philip Anschutz, owner of the Washington Examiner, gave $168,500. both parties caucus processes. stretch its balance sheet, bet-tentially having little incentive tential of that. day in the state. Premium access for businesses and educational institutions. 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. 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. CEO David Zaslav has quickly put his stamp on Warner Bros. Barr also said Zaslav did not give an answer when asked about current CNN boss Jeff Zuckers future at the soon-to-be combined company. 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. didn't, they say, have many progressive ideas. USA TODAY's opinionnewsletter:Get the best insights and analysis delivered to your inbox. Definitely to the left, Kernen said. 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. You've successfully subscribed to this newsletter! I probably shouldnt have said that.. Sen. "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. 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. Not long ago when he dropped by his new home he ordered some changes: Michael Smith, the celebrity designer who President Obama hired to design his private quarters at the White House, will now tackle the Evans house. 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. Despite the high energy, any display of incivility would result in banishment the towns most prominent attorney was permanently exiled for shoving his date. Email us. Discovery in April 2022. Mediaite regrets the error. The most significant donation record of any media owner was Michael Bloomberg, who donated $140 million during his run for president. Under Zuckers leadership, CNN cultivated an antagonistic relationship with former President Donald Trump and other prominent conservatives. 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. His Facebook page is full of old school friendships and trips with the former GE CEO, Jack Welch. Zaslavs comment drew a surprised response from CNBC host Joe Kernan, who wondered aloud if it was a reference to CNNs ideological bent. 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. We need radical transparency from media and social media platforms on which politicians, super PACs and lobbyists they fund. It's unclear which political direction Discovery CEO David Zaslav wants to take the network in. Zaslav earned a BS degree from Binghamton University. In a digital age, there are many new ways to influence. David Zaslav is a talented and driven man who understands change. During the Evans era, the sources of corporate infighting were often esoteric. The tennis court, he decided, needed to be moved three feet, and changed to a clay surface. Warner Bros. David Something we can likely all agree on is that trust in media is at an all-time low and Americans want reliable, nonpartisan news. Is this newly minted class of wealth really absent from politics and political influence? Mutual Fund and ETF data provided by Refinitiv Lipper. Did Elon Musk, one of the biggest donors to Wikipedia, reallygive only $40,000 to political leaders and causesin 2020-21? We have this great entertainment menu, which should keep people in the home, from the kids to the grandparents. Those two tend to split viewers, and Fox News is regularly No. Jeff Bezos and Mark Zuckerberg fund swaths of lobbyists in Washington. Zaslav is on the board of Mexican programming giant Televisa, now merging with Univision. You can still enjoy your subscription until the end of your current billing period. : Holiday 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. In another coup, in 2008, Zaslav convinced Winfrey to go into business with him and create a cable channel together. 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". Get this delivered to your inbox, and more info about our products and services. The parties spilled onto the beach and ended with fireworks and shark-shaped cake made by the "Cake Boss.". They received collectively more than $3 billion ($3,427,543,995) in the 2019-20 presidential election cycle and showed independent expenditures of more than $2.1 billion. About Us; Staff; Camps; Scuba. Despite the increased support from CEOs, Biden and the Democratic National Committee outraised their opponents in the second quarter. This time, the bulk of Zaslavs compensation came from stock awards ($12.5 million) and non-equity incentive plan compensation ($21.8 million). For now, a trio of CNN executives will assume Zuckers responsibilities at the network. He doesn't.". Usually you ditch people. There are just under 100 days until Election Day. Fifty years ago, Evans had to worry about filling seats in Westwood, not expanding the subscriber list in Belarus. ", 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.". Too many people in power are gaming the system. 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. One Warner executive told friends that Zaslav's unexpected arrival would bring structure and order versus the "move-fast and break things" style of the WarnerMedia's current chief executive, Jason Kilar, whose future with the company is still unclear. Zaslav also oversaw NBCUniversal's interests in A&E, The History Channel, The Biography Channel, National Geographic International, the Sundance Channel and TiVo. And maybe, those legendary parties might start again. [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. Discovery CEO David Zaslav, whose media giant is set to close its merger with CNNs owner WarnerMedia this spring, made the surprise remark during a You may change or cancel your subscription or trial at any time online. She has written extensively about the news media. Domestically, HBO Max and HBO have a combined 45.2 million subscribers. Oprah Winfrey is a great example of someone who the world wanted to do business with, but David had an incredible knack for making people want to work with him," said his former boss Tom Rogers, who was president of NBC Cable where Zaslav was head of distribution and new media. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. 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. analyse how our Sites are used. Most importantly, they're already global. Jean-Briac Perrette, president and CEO of Discovery International, earned $10.4 million total compensation, down from $14.4 million in 2019. "Well have to see, really.". 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. His Greenwich Village home where the WarnerMedia deal was cooked up is now on the market, according to The Hollywood Reporter. [52], Zaslav lives in New York City with his wife Pam and the couple has three children. Discovery, weighing in on content, forcing out executives and cutting costly projects like CNN+ while schmoozing with top Hollywood talent. See Barrs tweets at the bottom of this post. But at Warner Bros. The answer would soon come. Barry Diller, owner of The Daily Beast and Investopedia, gave $120,000. [45] He also is a member of the Board of Trustees for the Paley Center for Media and the Mt. Media tends to be a reflection of where the country is. 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. ", JEFF ZUCKER OUT AT CNN AFTER FAILING TO DISCLOSE CONSENSUAL RELATIONSHIP WITH COLLEAGUE: I WAS WRONG. 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. Sprecher's total was the most he's given in the past two presidential election cycles. Quotes displayed in real-time or delayed by at least 15 minutes. Who is David Zaslav? Disclosure: Mathias Dpfner, CEO of Business Insider's parent company, Axel Springer, is a Netflix board member. Data is a real-time snapshot *Data is delayed at least 15 minutes. Get our latest storiesin the feed of your favorite networks. [2] Zaslav spearheaded the transaction between AT&T and Discovery to combine with WarnerMedia and create the combined Warner Bros. You couldn't say that about a lot of other American CEOs. For a full comparison of Standard and Premium Digital, click here. Over the years, he's secured the $1.6 billion European rights to the Olympics and the $2 billion PGA golf rights; bought Scripps Networks, owner of HGTV and Food Network; and launched OWN with Oprah Winfrey. After all, he intended to spend more time on it, and style is as important in tennis as it is in show business. 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. I found these figures wanting. But we dont. We've received your submission. 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. Zaslav, 61, his wife Pam, and his adult children, mingled with TV and movie industry friends, Page Six, CNBC and Fox News anchors, plastic surgeons, and interior designers. Have a tip or story idea? 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. Discovery and has publicly committed to keeping CNN after the merger. Story tips can be sent tobrian.flood@fox.comand on Twitter: @briansflood. Discovery, to be sure, funded Otter Dynasty, not Game of Thrones. 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.

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