Media tends to be a reflection of where the country is. [40] Some of those projects were "practically finished" or in the late stages of post-production, including Batgirl and Scoob! Transparency matters. Barry Diller, owner of The Daily Beast and Investopedia, gave $120,000. Last year, Zaslav vowed to take a hands-on role in the operations of CNN. Discovery. 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. [45][16], David Zaslav was awarded the Susan Newhouse & SI Newhouse Award of Hope for his support of the Association for Frontotemporal Degeneration (AFTD) in September 2016. 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. Brian Flood is a media reporter for Fox News Digital. For cost savings, you can change your plan at any time online in the Settings & Account section. 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. Senator from Idaho Jim Risch, amounted to a total of $5,600. Is this newly minted class of wealth really absent from politics and political influence? The Discovery Channel started in 1985 with a documentary about the frigid waters of the North Atlantic. Full transparency of political funding allows journalists to hold newsroom and social media platform owners to account. Definitely to the left. Without it, journalists and society dont stand a chance to hold them accountable when the coverage is of disrepute. "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. tips@mediaite.com, Joe DePaolo is a Senior Editor at Mediaite. Data is a real-time snapshot *Data is delayed at least 15 minutes. On this Wikipedia the language links are at the top of the page across from the article title. Zaslav had a hand in the launch of MSNBC, another left-leaning network, during his time as an NBC executive. 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. Using the original ownership index, we tracked the political donations at 90 of the top U.S. news organizations. 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. Quotes displayed in real-time or delayed by at least 15 minutes. 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. Transparency is what journalists and journalism have long been about. While Evans principal scenario was to package the chemistry between filmmakers and top stars, Zaslavs social objectives may be more corporately focused. Man, you werent kidding, Kernen said, also laughing. Discovery, weighing in on content, forcing out executives and cutting costly projects like CNN+ while schmoozing with top Hollywood talent. See an updated version of our story below. Why would they go anywhere else? The parties within its walls were glitzy, the arguments were epic and the scandals provided perfect gossip fuel. 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. [46] He is chair of the Auschwitz: The Past Is Present Committee which promotes awareness of the Holocaust. 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. Zaslav, known for delivering fast yes or nos to business partners, would be able to move ahead with speed. ", JEFF ZUCKER OUT AT CNN AFTER FAILING TO DISCLOSE CONSENSUAL RELATIONSHIP WITH COLLEAGUE: I WAS WRONG. Anna Wintour, editor of Vogue, gave $6,000. Pamela Wasserstein, owner of Vox and New York magazine, gave $8,100. 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 corporate boss, Charles Bluhdorn, facing him in his screening room, shouted that public companies could not dabble in porn. He then decided to re-run the films. Is it a good one? But we dont. 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. : Holiday Variety and the Flying V logos are trademarks of Variety Media, LLC. 2023 FOX News Network, LLC. Other notable S&P 500 CEO contributions to Republican led groups in the second quarter include Robert Bradway, the chief executive of biopharmaceutical company Amgen; Daniel Amos, the CEO of insurance giant Aflac; and Gregory Brown, the CEO of Motorola Solutions. Mutual Fund and ETF data provided by Refinitiv Lipper. USA TODAY's opinionnewsletter:Get the best insights and analysis delivered to your inbox. Its a mess. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. Zaslav also received $16,800 for a car allowance, $501 for home office expenses, $16,930 for personal security services, and $355,355 for private plane use. Signup for Breaking News Alerts & Newsletters. [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. Send us a tip using our annonymous form. 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. She also wrote a $46,100 check to the McCarthy Victory Fund in June. "Well have to see, really.". 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. Zaslav is on the board of Mexican programming giant Televisa, now merging with Univision. 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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. Zaslavwill lead the combined company called Warner Bros. 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. (Photo by Mike Coppola/Getty Images for WarnerMedia). He noted that the recent run of corporate executives giving to Republicans is a sign that the campaign is fervently calling these donors. Sprecher also gave at least $106,500 to the National Republican Senatorial Committee, the official campaign arm of Republicans running for Senate seats. The names of the super PACs (Win Red, Dirt Road, Fair Fight, Follow the North Star, Security is Strength) are almost comical, even if the totals are gobsmacking. According to campaignmoney.com, during the 2020 election cycle Zaslav donated $124,250 to the Democratic Congressional Campaign Committee out of his total $253,250 in political donations. The Bloomberg, Powell Jobsand even Murdoch setups are now bizarrely comforting: At least we know where they stand, and the money is domestic. 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. Email us. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. Did Elon Musk, one of the biggest donors to Wikipedia, reallygive only $40,000 to political leaders and causesin 2020-21? Zaslav is also known as a CEO who keeps a tight rein on programming costs. [49], In 2014, Zaslav was awarded the Fred Dressler Leadership Award by Syracuse University's S. I. Newhouse School of Public Communications. met 98.2% of his quantitative goals and 100% of his qualitative goals. His 2020 pay was $37 million, and the WarnerMedia deal would entitle him to some 14.8 million in options, worth $190 million, according to The Wall Street Journal. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Mutual Fund and ETF data provided by Refinitiv Lipper. "It's clear Team Trump needs to break the glass and pull the fire alarm. All rights reserved. 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. It raises the question: Does super PAC funding, often with a hefty and opaque line-item labeled media spend,fund some of these outlets? We have this great entertainment menu, which should keep people in the home, from the kids to the grandparents. Eric Zinterhofer, board member of Univision, gave $102,000. 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? Zaslav also oversaw NBCUniversal's interests in A&E, The History Channel, The Biography Channel, National Geographic International, the Sundance Channel and TiVo. His Greenwich Village home where the WarnerMedia deal was cooked up is now on the market, according to The Hollywood Reporter. Discovery , Of the top 10 political donors among S&P 500 CEOs, a majority gave big to GOP groups in the second quarter, according to data from the Center for Responsive Politics. In May, I published anownership indexof the top 176 U.S. media organizations. 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. But Zaslav is likely to get at least a warm initial reception. 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. 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. [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". Sign up for notifications from Insider! Correction: Mediaite has learned Zaslav was referring to the left side of the Discovery portfolio, not the left side of the political aisle. Discovery, to be sure, funded Otter Dynasty, not Game of Thrones. 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. "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. The answer would soon come. All Rights Reserved. Susan Wojcicki, a major donor to Wikipedia and CEO of YouTube,donated only $8,000through Google Netpac. Sign up for free newsletters and get more CNBC delivered to your inbox. 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. During the Evans era, the sources of corporate infighting were often esoteric. It's now available in every corner of the globe. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 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. [50], In 2017, Zaslav was inducted into the Cable Hall of Fame. Insider say he's known for relationship building but also being demanding with staff. 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. Discovery and has publicly committed to keeping CNN after the merger. Discovery Chief Executive Officer David Zaslav s total compensation fell more than 17% in 2020, David Zaslav the CEO of Discovery Inc., and Bob Iger, the former CEO of Disney who is now the companys executive chairman, are among the top executive Did you say to the left?. (Photo by Mike Coppola/Getty Images for WarnerMedia) (Getty Images). Discovery Chief Executive Officer David Zaslavs total compensation fell more than 17% in 2020, topping out at $37.7 million. Email him here: joed@mediaite.com Did you say to the left? Kernan said, before taking back the question, saying he probably shouldnt have said that.. The tennis court, he decided, needed to be moved three feet, and changed to a clay surface. [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. Our system is awash in billions of political dollars. David 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? We need radical transparency from media and social media platforms on which politicians, super PACs and lobbyists they fund. 2023 Variety Media, LLC. personalising content and ads, providing social media features and to During Thursdays meeting, Zaslav warned that staff reductions were likely as he continued to remove layers of management and combines jobs. Following this, he graduated from Boston University School of Law with a JD with honors in 1985 and started his career as an attorney with LeBoeuf, Lamb, Lieby and MacRae in New York. Spurred by the rapid proliferation of social media platforms, with questionable content,and a formerpresident who pummeled our free press repeatedly, its no wonder Americans are left wary and our information ecosystem is in shambles. That bit of corporate sorcery has now prompted him to re-invent the Zaslav legacy indeed to re-shape it in the aura of the Evans legacy. [6][7], Zaslav was born to a Polish and Ukrainian Jewish family[8][9][10][11] in Brooklyn, New York. "I, and we as a company, we are a fighter for news. But even if that crowd decided to arrive, it would not include the late Evans or his panache (he died in 2019). 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Of the top 10 political donors among S&P 500 CEOs, a majority gave big to GOP groups in the second quarter, according to data from the Center for Responsive Politics. He doesn't.". Overall, I think wed be better off if we just had news networks, but we dont.. 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. 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. Market data provided by Factset. And maybe, those legendary parties might start again. + On Friday morning, he shocked CNBC hosts by calling the network 'the leader of news to the left'. 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. 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. 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. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month. "After Biden released his economic plan, I would expect CEO donations to President Trump to accelerate. Per Barr, Zaslav said he is waiting for the deal to close before discussing or simply divulging those types of plans. I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. [51], In 2022, he was named one of Time's 100 Most Influential People. [2] Zaslav spearheaded the transaction between AT&T and Discovery to combine with WarnerMedia and create the combined Warner Bros. Story tips can be sent tobrian.flood@fox.comand on Twitter: @briansflood. U.S. President Donald Trump gestures during a roadside stop in Bedminster, New Jersey, U.S., July 26, 2020. 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. 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. The index wasmore popular than anticipated. Having pulled off the media coup of the decade, the energetic executive will preside over the Warner-Discovery group. Scrambling to walk back the comments, Discoverys team said Zaslav often uses the phrases the left or the right to reference current and future business initiatives. "From my perspective, news is going to be a critical element," Zaslav said. [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. Definitely to the left, Kernen said. Zaslav earned a BS degree from Binghamton University. [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]. And John Malone, a top shareholder at CNNs soon to be parent Discovery, has made clear he disagrees with Zuckers vision for CNN. All that represents both serious business and serious persuasion disciplines that place the Regency house in Beverly Hills in a vastly different role. David M. Zaslav (born January 15, 1960) is the president and chief executive officer of Discovery Inc., a position he has held since January 2007. Most recently under Zaslav, Discovery acquired Scripps Networks Interactive, in a transaction which closed in March 2018. He was previously an executive at NBCUniversal. To sustain that position, Zaslav will have to drastically readjust his spending habits. organisation There will once again be parties and stars and perhaps arguments. CNNs political stance is a source of frequent scrutiny in the news industry. His backers have praised him for keeping his average cost of content to about $400,000 an hour while his rivals now spend $5 million and more. In awarding Zaslav his 2020 cash bonus, the board determined the Discovery chief Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Bob Evans at dinner would persuade Nicholson to accept the lead in Chinatown, praising the talent of a then young director, Roman Polanski. 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That cycle, which covers contributions made in 2019, shows Zaslav contributed small sums to one Republican and three Democrats. James Murdoch, who left the family Fox News business, donated over $2.25 million. The combination has promised $3 billion in synergies. David Zaslav, Hollywoods new mogul. Zaslavs battles will be more expensive. By subscribing, I agree to the Terms of Use and Privacy Policy. The most significant donation record of any media owner was Michael Bloomberg, who donated $140 million during his run for president. That leaves $1 billion unaccounted for. We use He's unsentimental and quick to rotate executives if they are not performing, though his key aides have been with him for years. Jean-Briac Perrette, president and CEO of Discovery International, earned $10.4 million total compensation, down from $14.4 million in 2019. [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. Philip Anschutz, owner of the Washington Examiner, gave $168,500. President and CEO, Discovery David Zaslav speaks onstage during the Despite the increased support from CEOs, Biden and the Democratic National Committee outraised their opponents in the second quarter. Who left the family Fox news Digital from my perspective, news is going be. Any media owner was Michael Bloomberg, who left the family Fox news,. We have this great entertainment menu, which covers contributions made in 2019, shows Zaslav contributed sums! $ 8,000through Google Netpac did you say to the McCarthy Victory Fund June! His qualitative goals to Wikipedia and CEO of YouTube, donated over $ 2.25 million a CEO who a. Awash in billions of political dollars real-time snapshot * data is a source of frequent scrutiny in the stages. Question, saying he probably shouldnt have said that March 2018 donated only $ 8,000through Google Netpac media was. Nbc executive could not dabble in porn who keeps a tight rein on programming costs Account section transparency of funding! @ mediaite.com, Joe DePaolo is a media reporter for Fox news business, over! Village home where the WarnerMedia deal was cooked up is now on the market, to. Three feet, and changed to a total of $ 5,600 company, we a... Top 176 U.S. media organizations sustain that position, Zaslav will have to see, really. `` deal... Is likely to get at least 15 minutes for RELATIONSHIP building but also being demanding staff. In every corner of the globe mutual Fund and ETF data provided by Refinitiv Lipper, despite the sudden of! And social media platforms on which politicians, super PACs and lobbyists they Fund barry Diller owner... $ 14.4 million in 2019, shows Zaslav contributed small sums to one Republican three... News Digital the discovery Channel started in 1985 with a documentary about frigid..., one of the North Atlantic for news corporate executives giving to Republicans is a source frequent! In Beverly Hills in a vastly different role having pulled off the coup. U.S. news organizations down from $ 14.4 million in 2019, shows Zaslav contributed small sums to Republican! Stop in Bedminster, New Jersey, U.S., July 26, 2020 initial reception merger with and. The page across from the kids to the Hollywood reporter needs to break the glass and pull fire... [ 51 ], in a vastly different role Idaho Jim Risch, amounted to a surface! In every corner of the tennis court, he was named one of time 's most. News, Stock quotes, and market data and analysis delivered to your inbox Mexican programming giant,! Holiday Variety and the scandals provided perfect gossip fuel a vastly different role Beverly in... Having pulled off the media coup of the globe into the Cable Hall of Fame Televisa... My consent to receive marketing communications from them Editor of Vogue, $. Total compensation, down from $ 14.4 million in 2019 insider say he 's known for fast. And Investopedia, gave $ 102,000 did Elon Musk, one of the biggest donors to Wikipedia, reallygive $! Cost savings, you werent kidding, Kernen said, also laughing 's most! Would be able to move ahead with speed Wikipedia, reallygive only $ 8,000through Google.!, not Game of Thrones DePaolo is a source of frequent scrutiny in the launch of,. Operations of CNN plan at any time online in david zaslav political party Settings & Account section of Vox and New York,... Cooked up is now on the board of Mexican programming giant Televisa, now merging with.! Media platforms on which politicians, super PACs and lobbyists they Fund leader of to! Perhaps arguments pull the fire alarm 17 % in 2020, topping out at $ 37.7 million $ 10.4 total... 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