Zaslav wooed Scripps CEO Ken Lowe for a decade before consummating the $14.6 billion deal in 2018. [50], In 2017, Zaslav was inducted into the Cable Hall of Fame. Quotes displayed in real-time or delayed by at least 15 minutes. Get our latest storiesin the feed of your favorite networks. 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. But we dont. All Rights Reserved. Super PACs have the freedom to report only twice a year, so there may be more to come. + 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. Zaslav earned a BS degree from Binghamton University. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. 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. Disclosure: Mathias Dpfner, CEO of Business Insider's parent company, Axel Springer, is a Netflix board member. To figure this out, we are in desperate need of a real-time database for super PAC spending,along with transparency on which media and platform owners fund lobbyists. Discovery, to be sure, funded Otter Dynasty, not Game of Thrones. Discovery, home to Animal Planet and unscripted shows like 90 Day Fianc, may now become Once Upon a Time in Hollywood. David Zaslav, Discovery's CEO, will lead the combined Discovery-WarnerMedia. During the Evans era, the sources of corporate infighting were often esoteric. It's now available in every corner of the globe. Discovery boss will soon oversee CNN as part of deal with WarnerMedia, PASADENA, CALIFORNIA - JANUARY 16: President and CEO, Discovery, Inc. David Zaslav speaks onstage during the Discovery, Inc. TCA Winter Panel 2020 at The Langham Huntington, Pasadena on January 16, 2020 in Pasadena, California. Only 60 people in media leadership had donated more than$2,000 to a political candidate since 2019. or The results were surprising. "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. The Discovery-WarnerMedia merger is expected to close in mid-2022. I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. 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. 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. The merger between WarnerMedia and Discovery is reportedly set to be completed early in the spring. 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.. 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? CEO David Zaslav has quickly put his stamp on Warner Bros. And maybe, those legendary parties might start again. Per Barr, Zaslav said he is waiting for the deal to close before discussing or simply divulging those types of plans. 2023 FOX News Network, LLC. The public reason given was that Zucker didn't disclose a sexual relationship with CNN executive Allison Gollust, which immediately raised eyebrows as their relationship was widely known. He's unsentimental and quick to rotate executives if they are not performing, though his key aides have been with him for years. YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. [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. Under Zuckers leadership, CNN cultivated an antagonistic relationship with former President Donald Trump and other prominent conservatives. Mutual Fund and ETF data provided by Refinitiv Lipper. The development comes as the presumptive Democratic nominee has expanded his lead in the polls over President Donald Trump. 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. The Daily Callers OmeedMalik donated $150,000. I probably shouldnt have said that.. CNN, like MSNBC, serves liberal audiences. This time, the bulk of Zaslavs compensation came from stock awards ($12.5 million) and non-equity incentive plan compensation ($21.8 million). "He had an incredible knack for developing strong relationships. In his contract extension, Zaslav also received stock options valued at $190 million. Zaslav is expected to name Zuckers permanent replacement when the merger closes. This material may not be published, broadcast, rewritten, or redistributed. ", Warner Bros. International Television Production, Warner Bros. 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. 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. Sign up for notifications from Insider! [46] He is chair of the Auschwitz: The Past Is Present Committee which promotes awareness of the Holocaust. Discovery chief says 'Journalism First' is new mandate at CNN He was granted no options. Discovery CEO David Zaslav addressed the companys controversial decision this week to cancel releases for Batgirl and Scoob! 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. 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. The government needs to catch up and revamp how we track media money in politics. Compare Standard and Premium Digital here. His Facebook page is full of old school friendships and trips with the former GE CEO, Jack Welch. A continuously updated summary of the news stories that US political commentators are discussing online right now. [22] Zaslav instigated a shift in strategy by the company, aiming to see itself as a "content company" rather than a "cable company" by bolstering its main networks (such as its namesake Discovery Channel) as multi-platform brands. But what sort of a time will it be? The new entity will inherit the biggest share of cable viewers in the U.S., accounting for 29% of viewing time. David Zaslav, Hollywoods new mogul. If Evans faced a bad weekend, Zaslav confronts post-pandemic confusion: Netflix and Disney both missed forecasts for subscriber growth in the first quarter, and consumer spending on media shrank 2% in that period. [51], In 2022, he was named one of Time's 100 Most Influential People. 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. Did Elon Musk, one of the biggest donors to Wikipedia, reallygive only $40,000 to political leaders and causesin 2020-21? All rights reserved. Something we can likely all agree on is that trust in media is at an all-time low and Americans want reliable, nonpartisan news. offers FT membership to read for free. "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. In a digital age, there are many new ways to influence. All Rights Reserved. Story tips can be sent tobrian.flood@fox.comand on Twitter: @briansflood. 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. Now he will oversee WarnerMedia. met 98.2% of his quantitative goals and 100% of his qualitative goals. Get the best insights and analysis delivered to your inbox, 2,276 groups organized as super PACs have reported, Your California Privacy Rights/Privacy Policy. In another coup, in 2008, Zaslav convinced Winfrey to go into business with him and create a cable channel together. Last week,Discovery reportedit had reached 20 million paying streaming subscribers worldwide by the end of September. [40] Some of those projects were "practically finished" or in the late stages of post-production, including Batgirl and Scoob! But storm clouds were on the horizon. 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.. We use President and CEO, Discovery David Zaslav speaks onstage during the [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. 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. Then, sheepishly taking back his question, Kernen said, that was an aside. Have a tip or story idea? You couldn't say that about a lot of other American CEOs. ", JEFF ZUCKER OUT AT CNN AFTER FAILING TO DISCLOSE CONSENSUAL RELATIONSHIP WITH COLLEAGUE: I WAS WRONG. "Who do they want managing the economy: Trump (Mnuchin, Powell, Kudlow) or Biden (Bernie, Warren and AOC)?," Bailey said. 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. [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. Together, Discovery and WarnerMedia will span every genre from Hollywood movies and TV shows to reality TV, to news and sports. 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. Discovery is required to publish the ratio to Zaslavs pay to those of its median employee as part of the Dodd-Frank law. The most significant donation record of any media owner was Michael Bloomberg, who donated $140 million during his run for president. 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. In May, I published anownership indexof the top 176 U.S. media organizations. So I think it's going to be around a lot longer than people think.". [6][7], Zaslav was born to a Polish and Ukrainian Jewish family[8][9][10][11] in Brooklyn, New York. [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. Barry Diller, owner of The Daily Beast and Investopedia, gave $120,000. Follow him on Twitter: @joe_depaolo. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. 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. Biden has said he wants to raise the corporate tax rate to 28% from 21%. "Was there any conjecture that John Malone is behind the curtain? 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. Check if your Deadline is a part of Penske Media Corporation. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Evans top films might share a weekend with two or three other wannabe hits; Zaslav confronts a mind-bending blur of some 300 services, subscription-based or video on demand, all competing for eyeballs. [16], Zaslav joined NBC in 1989. Edward Atsinger, a leading evangelical and co-founder of conservative Townhall Media,gave about $30,000. 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. Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. Legal Statement. 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. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. I found these figures wanting. Discovery. All Rights Reserved. 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. Sheryl Sandberg, COO of Facebook, gave $500,000 mostly to Democrats. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Biden and the Democratic National Committee outraised their opponents in the second quarter. Or to keep it anonymous, click here. Michael Bloomberg, who led the merger with CNN and david zaslav political party, donated over $ 240,000 rewritten, or.. 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