[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. He's unsentimental and quick to rotate executives if they are not performing, though his key aides have been with him for years. analyse how our Sites are used. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month. 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. 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. Discovery, Zaslav is turning off the content spigot and reorienting the company into something much more fiscally (and potentially culturally) conservative. 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. Market data provided by Factset. LIBERTY MEDIA CHAIRMAN CHIDES CNN TO 'ACTUALLY HAVE JOURNALISTS' FOLLOWING AT&T-DISCOVERY MERGER, "None of us had anything to do with it. 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. Yet, we know little about their political views or how that money is being spent. 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. Quotes displayed in real-time or delayed by at least 15 minutes. You couldn't say that about a lot of other American CEOs. Its a mess. 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. [45] His daughter Ali Zaslav is a congressional producer with CNN.[53]. [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. The results were surprising. 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. WBD President and CEO David Zaslav spent time with Abrams before the close of the merger earlier this year and is a fan. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. James Zelter, co-president and CIO of Apollo Global Management that owns Yahoo News, gave $35,900 to Republicansand $25,200 to Democrats. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. "Squawk Box" co-anchor Andrew Ross Sorkintold Zaslav his phone was "blowing up" from CNN staffers who are "desperate to know" his personal views about the Zucker situation. (Photo by Amanda Edwards/Getty Images for Discovery, Inc.). Disclosure: Mathias Dpfner, CEO of Business Insider's parent company, Axel Springer, is a Netflix board member. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Discovery in April 2022. "Who do they want managing the economy: Trump (Mnuchin, Powell, Kudlow) or Biden (Bernie, Warren and AOC)?," Bailey said. A Division of NBCUniversal. 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.. Variety is a part of Penske Media Corporation. 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. It raises the question: Does super PAC funding, often with a hefty and opaque line-item labeled media spend,fund some of these outlets? Mutual Fund and ETF data provided by Refinitiv Lipper. Man, you werent kidding, Kernen said, also laughing. cookies Zaslav needs the house as badly as it needs Zaslav. Biden has said he wants to raise the corporate tax rate to 28% from 21%. Evans fought valiantly for Paramount to release Last Tango in Paris and Tropic of Cancer. 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. But we dont. 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. The new entity will inherit the biggest share of cable viewers in the U.S., accounting for 29% of viewing time. 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. Discovery CEO David Zaslav said Friday on CNBC that he had nothing to do with Jeff Zuckers CNN exit. That was down from the $45.8 million that Zaslav pulled in the pr 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. For a full comparison of Standard and Premium Digital, click here. Discovery is required to publish the ratio to Zaslavs pay to those of its median employee as part of the Dodd-Frank law. Last year, Zaslav vowed to take a hands-on role in the operations of CNN. Pre-pandemic, David Zaslav's end-of-summer parties in the Hamptons were a legendary networking event for anyone in media. We support credit card, debit card and PayPal payments. 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. Last November, Zaslav told Deadline that he would take a hands-on approach at CNN and other WarnerMedia properties. Dan Eberhart, a longtime prominent Republican donor, told CNBC he senses that wealthy financiers are going to start lining up behind Trump. Afsaneh Beschloss, NPR Board of Directors, gave $614,300. Powered and implemented by FactSet Digital Solutions. 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. We want to hear from you! But at Warner Bros. Discovery Chief Executive Officer David Zaslavs total compensation fell more than 17% in 2020, topping out at $37.7 million. Zaslavs battles will be more expensive. Have a tip or story idea? 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. 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. The company did not break out Discovery+ numbers specifically, so this tally includes its other, much smaller SVOD platforms, but the majority of that 20 million figure is made up of Discovery+ numbers, per Discovery. 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. Where the country was when we launched MSNBC was much more fact-based and less divided.. Zaslav and other Discovery brass reportedly heard about the resignation just hours before it happened. Bob Evans at dinner would persuade Nicholson to accept the lead in Chinatown, praising the talent of a then young director, Roman Polanski. [13][14] He was captain of the varsity tennis team.[15]. A continuously updated summary of the news stories that US political commentators are discussing online right now. His sole donation to a Republican politician, U.S. Without it, journalists and society dont stand a chance to hold them accountable when the coverage is of disrepute. + 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. Simply log into Settings & Account and select "Cancel" on the right-hand side. Zucker abruptly resigned this week after admitting he failed to properly disclose his relationship with another senior executive, CNN chief marketing officer Allison Gollust. David Zaslav is a talented and driven man who understands change. Zucker and Trump were friends in the 2000s as they teamed up on the wildly popular NBC reality show "The Apprentice," but they became bitter political enemies as Trump took over the Republican Party beginning in 2015 and romped to the White House. Fifty years ago, Evans had to worry about filling seats in Westwood, not expanding the subscriber list in Belarus. offers FT membership to read for free. All rights reserved. "I, and we as a company, we are a fighter for news. Legal Statement. Transparency matters. While Evans principal scenario was to package the chemistry between filmmakers and top stars, Zaslavs social objectives may be more corporately focused. Did you say to the left?. 1. Is it a good one? Oracle Chairman Larry Ellison has also been close to the president and was one of the donors advising Trump at the start of the pandemic. Same goes for Jason Kilars future, we presume. 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. Only 14.5% of the 412 owners, executives, board members and investors had given to individual candidates, traditional PACs or super PACs from January 2020 to August 2021, as trackedby the FEC. 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. He noted that the recent run of corporate executives giving to Republicans is a sign that the campaign is fervently calling these donors. 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. 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. Something we can likely all agree on is that trust in media is at an all-time low and Americans want reliable, nonpartisan news. 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. 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. And then were the leader in news to the left, Zaslav told CNBC on Friday. 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. If the medium controls the message, then we are asking these questions to make out your character, media owners. I found these figures wanting. The executive who is soon to take over CNN appeared to make a candid admission about where he sees the network. Look up your friends and patriotsat the FEC. Farris Wilks, investor in the Daily Wire, gave $416,800 to Trump Victory and Club for Growth Action. Story tips can be sent tobrian.flood@fox.comand on Twitter: @briansflood. 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. 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. We have this great entertainment menu, which should keep people in the home, from the kids to the grandparents. CNBC then cut away from Zaslav for breaking news on the January jobs report but came back to the Discovery honcho afterwards. David 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. All Rights Reserved. Mediaite regrets the error. Why would they go anywhere else? Jeff Zucker is considered to be the person responsible for the CNNs shift away from the nonpartisan outlet it was before his tenure. Discovery Chief David Zaslav 2020 Pay Drops to $37.7 Million. The development comes as the presumptive Democratic nominee has expanded his lead in the polls over President Donald Trump. Sure, Henry Luce, the iconic publisher of Time, Fortuneand Life magazines, put his thumb on the scale. Holiday Haunt. David Zaslav, Hollywoods new mogul. 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.. 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. President and CEO, Discovery David Zaslav speaks onstage during the It's unclear which political direction Discovery CEO David Zaslav wants to take the network in. Zaslav is on the board of Mexican programming giant Televisa, now merging with Univision. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. 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 But Zaslav is likely to get at least a warm initial reception. Email him here: joed@mediaite.com Discovery, weighing in on content, forcing out executives and cutting costly projects like CNN+ while schmoozing with top Hollywood talent. We use But even if that crowd decided to arrive, it would not include the late Evans or his panache (he died in 2019). 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. Dominic Patten / Deadline: David Zaslav Praises CNN Adding More GOP Voices; Balance Strategy Is Important, Warner Bros Discovery Boss Says. (Photo by Mike Coppola/Getty Images for WarnerMedia). "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. All Rights Reserved. "Was there any conjecture that John Malone is behind the curtain? Send us a tip using our annonymous form. Add to that the billions of dollars from super PACsused to fund political content pushed by new digital channels and influencers. (CNBC Screenshot). On this Wikipedia the language links are at the top of the page across from the article title. [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. Warner Bros Discovery (WBD) has reported financial results for the quarter and year ended December 31st 2022. Sprecher's total was the most he's given in the past two presidential election cycles. Signup for Breaking News Alerts & Newsletters. One Warner executive told friends that Zaslav's unexpected arrival would bring structure and order versus the "move-fast and break things" style of the WarnerMedia's current chief executive, Jason Kilar, whose future with the company is still unclear. His reputation for speed gave Discovery an edge over Comcast as a merger partner. Premium access for businesses and educational institutions. He doesn't.". The Discovery CEO also was early in laying foundations overseas, where rival media companies are now trying to bulk up. The government needs to catch up and revamp how we track media money in politics. 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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