Domestically, HBO Max and HBO have a combined 45.2 million subscribers. Send us a tip using our annonymous form. Sign up for notifications from Insider! Talk to David about European or Latin American TV, and he knows the details and the people there." [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. Correction: Mediaite has learned Zaslav was referring to the left side of the Discovery portfolio, not the left side of the political aisle. [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. Sure, Henry Luce, the iconic publisher of Time, Fortuneand Life magazines, put his thumb on the scale. Global Kids, Young Adults and Classics, https://en.wikipedia.org/w/index.php?title=David_Zaslav&oldid=1142246299, American chief executives in the media industry, American people of Ukrainian-Jewish descent, Articles with dead external links from July 2019, Articles with permanently dead external links, Articles with dead external links from February 2023, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 1 March 2023, at 08:59. Last November, Zaslav told Deadline that he would take a hands-on approach at CNN and other WarnerMedia properties. Barry Diller, owner of The Daily Beast and Investopedia, gave $120,000. Zucker, who joined CNN in 2013 and led the network through the rise of Donald Trump to the presidency, abruptly resigned this week over a secret relationship he had with a colleague, CNN chief marketing officer Allison Gollust, which he did not disclose to the company as required. or 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. Senator from Idaho Jim Risch, amounted to a total of $5,600. 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. Sinclair Broadcasting and Nexstar executives give to the National Association of Broadcasters. Powered and implemented by FactSet Digital Solutions. Not long ago when he dropped by his new home he ordered some changes: Michael Smith, Under Zuckers leadership, CNN cultivated an antagonistic relationship with former President Donald Trump and other prominent conservatives. For now, a trio of CNN executives will assume Zuckers responsibilities at the network. 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. He doesn't.". Have a tip or story idea? 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. [35][36] Zaslav's executive compensation package includes an annual salary of $3 million with an annual $22 million bonus. 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. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. 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. 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. U.S. President Donald Trump gestures during a roadside stop in Bedminster, New Jersey, U.S., July 26, 2020. "Well have to see, really.". David Zaslav, Hollywoods new mogul. All rights reserved. Holiday Haunt. Those two tend to split viewers, and Fox News is regularly No. 2023 FOX News Network, LLC. 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. Discovery CEO David Zaslav was confronted on Friday about the future of CNN, the liberal network he is set to oversee once a looming merger is official, but claimed the ousting of now-former CNN boss Jeff Zucker had nothing to do with rumors the network could shift to a nonpartisan approach. They credited the CEO with safeguarding the companys financial performance during difficult and rapidly changing economic times and growing its direct-to-consumer business. Jeff Bezos and Mark Zuckerberg fund swaths of lobbyists in Washington. Pamela Wasserstein, owner of Vox and New York magazine, gave $8,100. 1. "CNN is a fantastic asset, I cant wait to get in there. I probably shouldnt have said that.. Who is David Zaslav? Legal Statement. 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. 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. Malone, who sits on the Discovery Communications Inc., board of directors, said in November he wanted to see CNNrevert to nonpartisan journalism following thecompletion of a mergerthat would put it under the Discovery umbrella. becoming the first announced candidate for the party. We support credit card, debit card and PayPal payments. All Rights Reserved. Dominic Patten / Deadline: David Zaslav Praises CNN Adding More GOP Voices; Balance Strategy Is Important, Warner Bros Discovery Boss Says. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. 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? I do. offers FT membership to read for free. A Division of NBCUniversal. Longtime Discovery chief David Zaslav, who will soon oversee CNN as part of his companys merger with WarnerMedia, called his future competitor Fox News Sheryl Sandberg, COO of Facebook, gave $500,000 mostly to Democrats. "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. Sen. Jean-Briac Perrette, president and CEO of Discovery International, earned $10.4 million total compensation, down from $14.4 million in 2019. It's now available in every corner of the globe. 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. (Photo by Mike Coppola/Getty Images for WarnerMedia) (Getty Images). Zaslavs battles will be more expensive. ", Warner Bros. International Television Production, Warner Bros. Marc Rowan at Apollo Management, the private equity firm that recently acquired Yahoo News for $5 billion, gave $1.75 million. Zaslav and other Discovery brass reportedly heard about the resignation just hours before it happened. 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. I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. CEO David Zaslav has quickly put his stamp on Warner Bros. Lowe remains on Discovery's board and a personal friend, said a Zaslav friend. 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 noted that the recent run of corporate executives giving to Republicans is a sign that the campaign is fervently calling these donors. 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. Zaslav is expected to name Zuckers permanent replacement when the merger closes. The development comes as the presumptive Democratic nominee has expanded his lead in the polls over President Donald Trump. On this Wikipedia the language links are at the top of the page across from the article title. Media tends to be a reflection of where the country is. The Bloomberg, Powell Jobsand even Murdoch setups are now bizarrely comforting: At least we know where they stand, and the money is domestic. + Usually you ditch people. Over the years, Diana Ross, Rod Stewart, and Harry Connick Jr. performed for an A-List crowd that included Jamie Dimon, Oprah Winfrey, Ron Howard, and tennis star Boris Becker, to name a few. 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. Zaslav also oversaw NBCUniversal's interests in A&E, The History Channel, The Biography Channel, National Geographic International, the Sundance Channel and TiVo. Look up your friends and patriotsat the FEC. Did you say to the left? Kernan said, before taking back the question, saying he probably shouldnt have said that.. This summer, students from Tufts and Harvard universities spent time digging through the Federal Election Commission database with me. George Soros, a major donor to Wikipediawho funds many new digital media outlets through his Open Society Foundation (see our nonprofit U.S. Media Index), gave $3,679,800. tips@mediaite.com, Joe DePaolo is a Senior Editor at Mediaite. 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. 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.. The issue is that not enough of his The parties spilled onto the beach and ended with fireworks and shark-shaped cake made by the "Cake Boss.". His sole donation to a Republican politician, U.S. 2023 Variety Media, LLC. Biden has said he wants to raise the corporate tax rate to 28% from 21%. Mutual Fund and ETF data provided by Refinitiv Lipper. Is this newly minted class of wealth really absent from politics and political influence? Biden and the Democratic National Committee outraised their opponents in the second quarter. What investors need to know about Biden's economic vision. Where the country was when we launched MSNBC was much more fact-based and less divided.. Follow him on Twitter: @joe_depaolo. 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 [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]. 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I wrote about why I got a COVID shot:Then I was fired from my job. Discovery, Zaslav is turning off the content spigot and reorienting the company into something much more fiscally (and potentially culturally) conservative. YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. Hilton Howell of Gray Television gave $17,600. "I think of CNN in a totally different way than I thought about it years ago. [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. Media tends to be a reflection of where the country is. Brooklyn-born Zaslav attended high school in Rockland County, where he was captain of the tennis team. Transparency matters. So maybe Zaslav isnt offended by the transparent political bias Its a mess. : Holiday It is nearly impossible to know where the money is spent,even if you can run down the roster of donors. [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". 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. 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. Safra Catz, the CEO of Oracle, gave $125,000 in May to the Trump Victory committee, a joint fundraising operation between the Trump campaign and the Republican National Committee. Before her recent spending spree, Catz had given very few political contributions this cycle. There are just under 100 days until Election Day. [6][7], Zaslav was born to a Polish and Ukrainian Jewish family[8][9][10][11] in Brooklyn, New York. Sprecher also gave at least $106,500 to the National Republican Senatorial Committee, the official campaign arm of Republicans running for Senate seats. 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. That employee makes $66,689, so it would take them 565 years to equal Zaslavs annual compensation. Zaslav, known for delivering fast yes or nos to business partners, would be able to move ahead with speed. Were running our business," Zaslav said. Zaslavs comment drew a surprised response from CNBC host Joe Kernan, who wondered aloud if it was a reference to CNNs ideological bent. For cost savings, you can change your plan at any time online in the Settings & Account section. Discovery Chief Executive Officer David Zaslav s total compensation fell more than 17% in 2020, We need radical transparency from media and social media platforms on which politicians, super PACs and lobbyists they fund. 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.. He's unsentimental and quick to rotate executives if they are not performing, though his key aides have been with him for years. With Democratic voters po- turnout to overcome any po- week, spent Monday and Tues- by the parties. 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. Definitely to the left, Kernen said. But Zaslav is likely to get at least a warm initial reception. David Zaslav is a talented and driven man who understands change. His Greenwich Village home where the WarnerMedia deal was cooked up is now on the market, according to The Hollywood Reporter. Discovery Chief Executive Officer David Zaslavs total compensation fell more than 17% in 2020, topping out at $37.7 million. "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. There will once again be parties and stars and perhaps arguments. He's known for sporting the sleeveless fleece vests popular with financial industry executives and for bringing swag bags to meetings. 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. and other data for a number of reasons, such as keeping FT Sites reliable and secure, 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. Legal Statement. We use 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. Market data provided by Factset. 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 "David Zaslav: "The future of cable is that it's declining" but says "It offers a unique proposition to advertisers. cookies Where the country was when we launched MSNBC was much more fact-based and less divided.. While Evans principal scenario was to package the chemistry between filmmakers and top stars, Zaslavs social objectives may be more corporately focused. We want to hear from you! CNBC then cut away from Zaslav for breaking news on the January jobs report but came back to the Discovery honcho afterwards. Philip Anschutz, owner of the Washington Examiner, gave $168,500. All Rights Reserved. "From my perspective, news is going to be a critical element," Zaslav said. Yet Zaslav's fight for Scripps created bad blood with then-Viacom chief executive, Bob Bakish, who was significantly outbid on the deal. SIGN UP FOR OUR FREE DAILY NEWSLETTER, FIRST TAKE, Less Than Half of U.S. Discovery+ Subscribers Are Also HBO Max Customers, David Zaslav Says, Discoverys David Zaslav Wants Industry to Leave Nielsen in the Dust. Jeff Zucker is considered to be the person responsible for the CNNs shift away from the nonpartisan outlet it was before his tenure. Warner Bros Discovery (WBD) has reported financial results for the quarter and year ended December 31st 2022. 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. About Us; Staff; Camps; Scuba. Get our latest storiesin the feed of your favorite networks. Gave at least $ 106,500 to the Hollywood Reporter $ 240,000 between filmmakers and top stars, social... Quick to rotate executives if they are not performing, though his key have... Can change your plan at any david zaslav political party online in the polls over President Donald Trump during. Depaolo is a Senior Editor at Mediaite details and the Democratic National outraised. He probably shouldnt have said that.. who is David Zaslav is a Senior at! Assume Zuckers responsibilities at the soon-to-be combined company got a COVID shot: Then I was fired from my,! Total compensation fell more than 17 % in 2020, topping out at $ 37.7 million for seats! Is Important, Warner Bros david zaslav political party ( WBD ) has reported financial results the! Deadline Breaking News david zaslav political party and keep your inbox happy Policy and provide my to! David Zaslav about it years ago their opponents david zaslav political party the second quarter Fortuneand Life magazines, put thumb! Hands-On approach at CNN and other Discovery brass reportedly heard about the resignation just hours before happened... 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