Send us a tip using our annonymous form. Discovery Chief Executive Officer David Zaslav s total compensation fell more than 17% in 2020, 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. That was down from the $45.8 million that Zaslav pulled in the pr Anna Wintour, editor of Vogue, gave $6,000. But we dont. But we dont. 2023 CNBC LLC. "It's clear Team Trump needs to break the glass and pull the fire alarm. 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. [46] He is chair of the Auschwitz: The Past Is Present Committee which promotes awareness of the Holocaust. What does media constitute? Those two tend to split viewers, and Fox News is regularly No. There will once again be parties and stars and perhaps arguments. didn't, they say, have many progressive ideas. Signup for Breaking News Alerts & Newsletters. During the Evans era, the sources of corporate infighting were often esoteric. "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. Our system is awash in billions of political dollars. 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". "I, and we as a company, we are a fighter for news. Insider say he's known for relationship building but also being demanding with staff. I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. 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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. 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. In another coup, in 2008, Zaslav convinced Winfrey to go into business with him and create a cable channel together. Discovery and has publicly committed to keeping CNN after the merger. It's now available in every corner of the globe. [2] Zaslav spearheaded the transaction between AT&T and Discovery to combine with WarnerMedia and create the combined Warner Bros. Zaslavs battles will be more expensive. All Rights Reserved. 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. Warner Bros Discovery (WBD) has reported financial results for the quarter and year ended December 31st 2022. 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. 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. And then were the leader in news to the left, Zaslav told CNBC on Friday. You may change or cancel your subscription or trial at any time online. Now he will oversee WarnerMedia. We want to hear from you! 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 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. I dont see how this ends well. For cost savings, you can change your plan at any time online in the Settings & Account section. Definitely to the left, Kernen said. Philip Anschutz, owner of the Washington Examiner, gave $168,500. Did you say to the left? Kernan said, before taking back the question, saying he probably shouldnt have said that.. But times have changed. All rights reserved. Talk to David about European or Latin American TV, and he knows the details and the people there." Were running our business," Zaslav said. 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. Sign up for free newsletters and get more CNBC delivered to your inbox. Under Zuckers leadership, CNN cultivated an antagonistic relationship with former President Donald Trump and other prominent conservatives. Something we can likely all agree on is that trust in media is at an all-time low and Americans want reliable, nonpartisan news. I probably shouldnt have said that.. 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. President and CEO, Discovery David Zaslav speaks onstage during the 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? 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. Scuba Certification; Private Scuba Lessons; Scuba Refresher for Certified Divers; Try Scuba Diving; Enriched Air Diver (Nitrox) That cycle, which covers contributions made in 2019, shows Zaslav contributed small sums to one Republican and three Democrats. Deadline is a part of Penske Media Corporation. Zaslav's executive compensation package includes an annual salary of $3 million with an annual $22 million bonus. His sole donation to a Republican politician, U.S. Super PACs have the freedom to report only twice a year, so there may be more to come. [52], Zaslav lives in New York City with his wife Pam and the couple has three children. David Zaslav is a talented and driven man who understands change. Having pulled off the media coup of the decade, the energetic executive will preside over the Warner-Discovery group. 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. The Discovery CEO also was early in laying foundations overseas, where rival media companies are now trying to bulk up. [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. 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. [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". Story tips can be sent tobrian.flood@fox.comand on Twitter: @briansflood. For context, OpenSecrets reported that political spending in the 2020 election reached $14 billion, the most expensive election ever. 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. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. 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. CNN, which has struggled to attract viewers during the Biden era,is part of the deal and many industry observers felt the decision to revert to more straight news began this week when Zucker was forced out. 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. Media tends to be a reflection of where the country is. I found these figures wanting. 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. Discovery, weighing in on content, forcing out executives and cutting costly projects like CNN+ while schmoozing with top Hollywood talent. For a full comparison of Standard and Premium Digital, click here. Senator from Idaho Jim Risch, amounted to a total of $5,600. [51], In 2022, he was named one of Time's 100 Most Influential People. While Evans principal scenario was to package the chemistry between filmmakers and top stars, Zaslavs social objectives may be more corporately focused. It's unclear which political direction Discovery CEO David Zaslav wants to take the network in. Mutual Fund and ETF data provided by Refinitiv Lipper. Did you say to the left?. Discovery CEO David Zaslav said Friday on CNBC that he had nothing to do with Jeff Zuckers CNN exit. becoming the first announced candidate for the party. 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. 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. Discovery , 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. But not disclosing a consensual relationship rarely results in the defenestration of a network president. (Photo by Amanda Edwards/Getty Images for Discovery, Inc.). 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? [16], Zaslav joined NBC in 1989. Zaslav had a hand in the launch of MSNBC, another left-leaning network, during his time as an NBC executive. 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. university This story has been shared 108,510 times. "From my perspective, news is going to be a critical element," Zaslav said. In his contract extension, Zaslav also received stock options valued at $190 million, making him one of the highest-paid entertainment executives in the world. 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. Jeff Zucker is considered to be the person responsible for the CNNs shift away from the nonpartisan outlet it was before his tenure. Together, Discovery and WarnerMedia will span every genre from Hollywood movies and TV shows to reality TV, to news and sports. Discovery, Zaslav is turning off the content spigot and reorienting the company into something much more fiscally (and potentially culturally) conservative. Dominic Patten / Deadline: David Zaslav Praises CNN Adding More GOP Voices; Balance Strategy Is Important, Warner Bros Discovery Boss Says. Discovery, to be sure, funded Otter Dynasty, not Game of Thrones. "I think of CNN in a totally different way than I thought about it years ago. With Democratic voters po- turnout to overcome any po- week, spent Monday and Tues- by the parties. All that represents both serious business and serious persuasion disciplines that place the Regency house in Beverly Hills in a vastly different role. Domestically, HBO Max and HBO have a combined 45.2 million subscribers. Zaslav is on the board of Mexican programming giant Televisa, now merging with Univision. Got a confidential news tip? or We want to hear from you. Zaslav is expected to name Zuckers permanent replacement when the merger closes. Jeffrey Sprecher, the CEO of the Intercontinental Exchange and husband to Sen. Kelly Loeffler, R-Ga., who came under scrutiny for their stock dealings during the start of the coronavirus pandemic, gave nearly $1.3 million during the April-June quarter. Where the country was when we launched MSNBC was much more fact-based and less divided.. 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. The Cook Political Report marks six Republican-held Senate seats in Colorado, Georgia, Iowa, Maine, Montana and North Carolina as toss ups. CEO David Zaslav has quickly put his stamp on Warner Bros. Warner Bros. 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