This material may not be published, broadcast, rewritten, And now, the former lawyer for Discovery founder John Hendricks is the new king of media, set to oversee $20 billion in content spend,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. [50], In 2017, Zaslav was inducted into the Cable Hall of Fame. While Kernen did not clarify his comments, he went on to say that he sees sports as being on the right side of the Discovery portfolio. Market data provided by Factset. Yet Zaslav's fight for Scripps created bad blood with then-Viacom chief executive, Bob Bakish, who was significantly outbid on the deal. 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. S. I. Newhouse School of Public Communications, "Discovery Communications 2011 Proxy Filing", "AT&T announces $43 billion deal to merge WarnerMedia with Discovery", "Discovery Chief Got Options Valued at $190 Million on Eve of AT&T Deal", "Discovery Hands CEO David Zaslav Stock Options Valued At $190M In Contract Extension; Sets Base Salary At $3M, Target Bonus At $20M Update", "Compensation Information for David M. Zaslav, President and Chief Executive Officer of DISCOVERY INC", Variety Magazine: "Industry Heavyweights Support Auschwitz 70th Anniversary Commemoration" by Cynthia Littleton, Jewish Business News: "Steven Spielberg And David Zaslav Commemorate Auschwitz Liberation 70th Anniversary", Algemeiner Journal: "Hollywood Heavyweights to Join Spielberg at Auschwitz Commemoration Ceremony in Poland", The Cable Center: "David Zaslav: Oral and Video Collection Interview", "David Zaslav 2004 Oral and Video History", "10 Things You Didn't Know About David Zaslav", "MIPCOM: Discovery CEO David Zaslav Celebrated as Personality of the Year", http://corporate.discovery.com/wp-content/uploads/2015/08/DZ-bio-8.7.15.pdf, "New Chief at Discovery Is 2nd Senior Executive to Leave NBC This Week", "Manhattan Jewish Historical Initiative, 4th Annual Jewish Hall of Fame Class of 2020 | World Liberty TV - Multicultural Online TV", "David Zaslav, President and CEO, Discovery Communications", "Zaslav Holds To Growth Plan At Discovery", "Planet Green Moves Away From Its Eco Theme", "Tuned In: The Hub Network Offers Programs for Younger Children", "Discovery, Winfrey to Team Up On Network", "TCA: Discovery Sets Launch Date For Velocity, Adds Big Names to 'Curiosity', Preps Science Channel's 'Trek Nation', Introduces 'Weed' Team", "Discovery Launches Velocity Channel, Aimed at Rich Men", "Discovery Hopes for Payoff on Crime Channel", "Discovery Closes Scripps Acquisition, Creating Non-scripted Content Giant", "Media Companies, Seeing Profit Slip, Push Into Education (Published 2012)", "Discovery Rebrands Velocity as Motor Trend Network (EXCLUSIVE)", "Discovery completes Scripps deal, targets OTT opportunities", "David Zaslav And John Stankey Outline Plans For Merging Discovery And WarnerMedia, Addressing Future Of Jason Kilar, CNN, Streaming", "Warner Bros. 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. [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. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. We've received your submission. Biden has said he wants to raise the corporate tax rate to 28% from 21%. 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. The government needs to catch up and revamp how we track media money in politics. Biden has said he wants to raise the corporate tax rate to 28% from 21%. 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. 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. Barry Diller, owner of The Daily Beast and Investopedia, gave $120,000. The boss ofCNNs new parent companysaid on Friday the network was the leader in news to the left but his communications team soon scrambled to walk back the frank admission, insisting he wasnt talking about politics. But we dont. All Rights Reserved. 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. 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. 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. Mutual Fund and ETF data provided by Refinitiv Lipper. analyse how our Sites are used. Zaslavs battles will be more expensive. 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. Send us a tip using our annonymous form. [2] Zaslav spearheaded the transaction between AT&T and Discovery to combine with WarnerMedia and create the combined Warner Bros. Sen. Transparency is what journalists and journalism have long been about. On this Wikipedia the language links are at the top of the page across from the article title. Mutual Fund and ETF data provided by Refinitiv Lipper. Discovery, home to Animal Planet and unscripted shows like 90 Day Fianc, may now become Once Upon a Time in Hollywood. And then were the leader in news to the left, Zaslav told CNBC on Friday. The lack of transparency in super PAC donations loomed as we scoured the FEC database. "How many people survive after a merger? "I think of CNN in a totally different way than I thought about it years ago. Read Next: Prime Video Delays Citadel Trailer Drop Following Greece Train Crash, Almost Famous Star Casey Likes Cast as Marty McFly in Back to the Future: The Musical, AMC Quarterly Earnings: Losses Widen, Revenues Fall Despite Avatar 2 Box Office Success, The Weeknd Sets First Lead Role in Film He Co-Wrote and Produced, Opposite Jenna Ortega and Barry Keoghan, Woody Harrelson Slams COVID Set Protocols as 'Nonsense,' Urges Hollywood to 'Stop' Forcing 'Vaccination': Thats 'Not a Free Country', Ant-Man and the Wasp: Quantumania Writer Surprised by Terrible Reviews: I Was in a Low Spot and Really Sad About It, Super Mario Bros. Movie Is Releasing Two Days Early, Michael B. Jordan Meets Reporter at 'Creed III' Premiere Who 'Teased Him all the Time' in High School: 'I Was the Corny Kid, Right? Zaslav spearheaded the transaction between AT&T and Discovery to combine with WarnerMedia and create the combined Warner Bros. [16], Zaslav joined NBC in 1989. 2023 Deadline Hollywood, LLC. Legal Statement. 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. Not long ago when he dropped by his new home he ordered some changes: Michael Smith, Discovery. Senator from Idaho Jim Risch, amounted to a total of $5,600. In awarding Zaslav his 2020 cash bonus, the board determined the Discovery chief Signup for Breaking News Alerts & Newsletters. Discovery Lost $20 Billion in Market Cap Trying to Cut $3 Billion in Costs", "HBO Max is treating animation fans and creators like hot, burning garbage", "Infinity Train Creator Says Animation Teams Were Given No Warning Before HBO Max Purge", "Seven New Members Elected to University's Board of Trustees", CableFax: "Never Forget: Zaslav, Spielberg Help Commemorate Auschwitzs Liberation", UJA-Federation of New York: "Oprah, Wiesel Honor Zaslav at Leadership Awards Dinner", "Oprah, Wiesel Honor Zaslav at Leadership Awards Dinner", "David Zaslav: The 100 Most Influential People of 2022", "He ran Animal Planet and HGTV. 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. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. Biden and the Democratic National Committee outraised their opponents in the second quarter. Marc Rowan at Apollo Management, the private equity firm that recently acquired Yahoo News for $5 billion, gave $1.75 million. Discovery, Zaslav is turning off the content spigot and reorienting the company into something much more fiscally (and potentially culturally) conservative. Were running our business," Zaslav said. Email him here: joed@mediaite.com 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. RobertIger, executive chairman of the Walt Disney Co. and who once ran ABC, gave over $1 million. Yet, we know little about their political views or how that money is being spent. 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. 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. 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 Jeff Zucker is considered to be the person responsible for the CNNs shift away from the nonpartisan outlet it was before his tenure. Variety and the Flying V logos are trademarks of Variety Media, LLC. The total accounted loss was nearly $25 billion off the company's market cap. 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 All Rights Reserved. [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. This story has been shared 108,510 times. It is nearly impossible to know where the money is spent,even if you can run down the roster of donors. Before her recent spending spree, Catz had given very few political contributions this cycle. : Holiday 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? 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. Variety is a part of Penske Media Corporation. Eric Zinterhofer, board member of Univision, gave $102,000. In a digital age, there are many new ways to influence. Raising the corporate tax rate is not exactly conducive to growing revenue or earnings," Eberhart said. The COVID-19 virus had accelerated cord-cutting that's causing cable TV channels to lose subscribers. CEO David Zaslav has quickly put his stamp on Warner Bros. Last November, Zaslav told Deadline that he would take a hands-on approach at CNN and other WarnerMedia properties. All rights reserved. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. Zaslav had a hand in the launch of MSNBC, another left-leaning network, during his time as an NBC executive. We now live in a much less transparent time. Full transparency of political funding allows journalists to hold newsroom and social media platform owners to account. [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. ", JEFF ZUCKER OUT AT CNN AFTER FAILING TO DISCLOSE CONSENSUAL RELATIONSHIP WITH COLLEAGUE: I WAS WRONG. 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. 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. 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. 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. The Discovery Channel started in 1985 with a documentary about the frigid waters of the North Atlantic. Its a mess. It's unclear which political direction Discovery CEO David Zaslav wants to take the network in. James Zelter, co-president and CIO of Apollo Global Management that owns Yahoo News, gave $35,900 to Republicansand $25,200 to Democrats. "David Zaslav: "The future of cable is that it's declining" but says "It offers a unique proposition to advertisers. Definitely to the left, Kernen said. In May, I published anownership indexof the top 176 U.S. media organizations. Or to keep it anonymous, click here. [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 new entity will inherit the biggest share of cable viewers in the U.S., accounting for 29% of viewing time. The Bloomberg, Powell Jobsand even Murdoch setups are now bizarrely comforting: At least we know where they stand, and the money is domestic. A continuously updated summary of the news stories that US political commentators are discussing online right now. Now he will oversee WarnerMedia. You will be redirected back to your article in, Discovery's David Zaslav (inset) paid $16 million for Robert Evans' onetime Beverly Hills home, AMC CEO Adam Aron Defends New Sightline Ticket Pricing, Acknowledges Substantial Change To The Status Quo For U.S. Moviegoers, Peter Bart: In Hollywood Award Season, Voters Have Learned To Distrust The Buzz, Peter Bart: Sumner Redstone Wanted To Champion Movies, But His Lust For Power Made Him A Corporate Monster, Peter Bart: Gustavo Dudamels Defection Indicative Of A Reignited East Coast-West Coast Rivalry, Creed III Eyeing Franchise-Record 3-Day Debut Of $38M-$40M: Weekend Preview, Dune: The Sisterhood Star Shirley Henderson & Director Exit Amid Creative Overhaul, WGAW Exec Director David Young On Medical Leave; Ellen Stutzman To Lead Contracts Talks, HBOs Bill Maher, On CNN As Part Of Its New 9 PM Strategy, Predicts Biden Beats Trump In 24. 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