[50], In 2017, Zaslav was inducted into the Cable Hall of Fame. By subscribing, I agree to the Terms of Use and Privacy Policy. Zaslav had a hand in the launch of MSNBC, another left-leaning network, during his time as an NBC executive. Follow him on Twitter: @joe_depaolo. 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. Where do they give money for political gain around regulation and governance? On Friday morning, he shocked CNBC hosts by calling the network 'the leader of news to the left'. CNN, like MSNBC, serves liberal audiences. Check if your Longtime Discovery chief David Zaslav, who will soon oversee CNN as part of his companys merger with WarnerMedia, called his future competitor Fox News Zaslav earned a BS degree from Binghamton University. "Jeff is a good friend of mine, I cant speak to this issue, we dont own the company yet," Zaslav said. The parties spilled onto the beach and ended with fireworks and shark-shaped cake made by the "Cake Boss.". document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. During Thursdays meeting, Zaslav warned that staff reductions were likely as he continued to remove layers of management and combines jobs. Fox News positions itself as a conservative-leaning network, serving those on the political right. CNBC then cut away from Zaslav for breaking news on the January jobs report but came back to the Discovery honcho afterwards. Discovery in April 2022. Together, Discovery and WarnerMedia will span every genre from Hollywood movies and TV shows to reality TV, to news and sports. Transparency matters. 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. 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. [2] Zaslav spearheaded the transaction between AT&T and Discovery to combine with WarnerMedia and create the combined Warner Bros. I wrote about why I got a COVID shot:Then I was fired from my job. Talk to David about European or Latin American TV, and he knows the details and the people there." That was down from the $45.8 million that Zaslav pulled in the pr As Trump and other Republicans slide in the polls, the idea that taxes could go up under a Democratic administration and Congress has forced wealthy GOP donors off the sidelines. They are doing that, and there's still time," Eberhart said. Email us. The lack of transparency in super PAC donations loomed as we scoured the FEC database. "I, and we as a company, we are a fighter for news. 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. Zaslav is on the board of Mexican programming giant Televisa, now merging with Univision. This time, the bulk of Zaslavs compensation came from stock awards ($12.5 million) and non-equity incentive plan compensation ($21.8 million). Correction: Mediaite has learned Zaslav was referring to the left side of the Discovery portfolio, not the left side of the political aisle. CEO David Zaslav has quickly put his stamp on Warner Bros. 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. [13][14] He was captain of the varsity tennis team.[15]. His well-documented views were notsecret. She also wrote a $46,100 check to the McCarthy Victory Fund in June. But his new target list may include Brad Pitt, Tom Cruise, Reese Witherspoon or even the old Evans crowd like Jack Nicholson, Warren Beatty and Dustin Hoffman. Why would they go anywhere else? Media tends to be a reflection of where the country is. Longtime Discovery chief David Zaslav, who will soon oversee CNN as part of his companys merger with WarnerMedia, called his future competitor Fox News Channel much more of an advocacy network than a news network on Wednesday. Something we can likely all agree on is that trust in media is at an all-time low and Americans want reliable, nonpartisan news. Premium access for businesses and educational institutions. Those two tend to split viewers, and Fox News is regularly No. 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. 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. Discovery, home to Animal Planet and unscripted shows like 90 Day Fianc, may now become Once Upon a Time in Hollywood. Zaslavwill lead the combined company called Warner Bros. We need radical transparency from media and social media platforms on which politicians, super PACs and lobbyists they fund. 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. During the Evans era, the sources of corporate infighting were often esoteric. Heidi Legg is the lead research fellow at the Future of Media Project at the Institute for Quantitative Social Science at Harvard University. ", Zaslavs comments contradict a Deadline report that Malone "made it known that corporate procedures had to be followed to the letter in regards to Zucker," therefore, "being that WarnerMedias standards of business conduct require disclosure of relationships that develop with a boss and subordinate, Zuckers goose was officially cooked.". This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. 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. No surprise, Rupert Murdoch and his son Lachlan collectivelygave over $2.5 million, mostly to Republicans. We now live in a much less transparent time. 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. She has written extensively about the news media. But what sort of a time will it be? "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. He's used his salary to buy some of the most sought-after real estate around, buying the Hollywood home of "The Godfather" film director Robert Evans for $16 million and snapping up Conan O'Brien's apartment on Central Park West. 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. 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. 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. Man, you werent kidding, Kernen said, also laughing. Yet Zaslav's fight for Scripps created bad blood with then-Viacom chief executive, Bob Bakish, who was significantly outbid on the deal. Sure, Henry Luce, the iconic publisher of Time, Fortuneand Life magazines, put his thumb on the scale. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. Mutual Fund and ETF data provided by Refinitiv Lipper. But times have changed. 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. He noted that the recent run of corporate executives giving to Republicans is a sign that the campaign is fervently calling these donors. 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. This story has been shared 108,510 times. YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. [6][7], Zaslav was born to a Polish and Ukrainian Jewish family[8][9][10][11] in Brooklyn, New York. David Zaslav, Discovery's CEO, will lead the combined Discovery-WarnerMedia. 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. His salary remained locked at $3 million. Simply log into Settings & Account and select "Cancel" on the right-hand side. Discovery CEO David Zaslav said Friday on CNBC that he had nothing to do with Jeff Zuckers CNN exit. "Well have to see, really.". Zaslavs comment drew a surprised response from CNBC host Joe Kernan, who wondered aloud if it was a reference to CNNs ideological bent. Anna Wintour, editor of Vogue, gave $6,000. Sinai Medical Center. If the medium controls the message, then we are asking these questions to make out your character, media owners. In his New York days, Zaslav liked friends like Ron Perelman, Lorne Michaels and Jeff Zucker to hang at his Hamptons parties. Or to keep it anonymous, click here. Zaslav was speaking at the Paley International Council Summit when he made the remarks, which were covered by several news outlets virtually attending the media event. The COVID-19 virus had accelerated cord-cutting that's causing cable TV channels to lose subscribers. 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. According to OpenSecrets, an independent nonprofit that tracks money in U.S. politics, as of last week, 2,276 groups organized as super PACs have reported their numbers. It's now available in every corner of the globe. 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. "Plus, David actually shows up. 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 Using the original ownership index, we tracked the political donations at 90 of the top U.S. news organizations. 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. 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. He's known for sporting the sleeveless fleece vests popular with financial industry executives and for bringing swag bags to meetings. Safra Catz, the CEO of Oracle, gave $125,000 in May to the Trump Victory committee, a joint fundraising operation between the Trump campaign and the Republican National Committee. A Division of NBCUniversal. 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. Email him here: joed@mediaite.com [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. 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. 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. Brooklyn-born Zaslav attended high school in Rockland County, where he was captain of the tennis team. But here is where it fell short. I dont see how this ends well. both parties caucus processes. stretch its balance sheet, bet-tentially having little incentive tential of that. day in the state. [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. The Discovery-WarnerMedia merger is expected to close in mid-2022. Did Elon Musk, one of the biggest donors to Wikipedia, reallygive only $40,000 to political leaders and causesin 2020-21? David Zaslav is a talented and driven man who understands change. All rights reserved. Warner Bros Discovery (WBD) has reported financial results for the quarter and year ended December 31st 2022. organisation 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. (Photo by Mike Coppola/Getty Images for WarnerMedia). The answer would soon come. 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. 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The CEOs of some of the biggest companies in the United States have started ramping up their donations to Republican causes as concern grows about Joe Biden's plan to raise the corporate tax rate. Get this delivered to your inbox, and more info about our products and services. 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. Media mogul William Randolph Hearst famously declared, This is my newspaper, these are my views, take or leave it. Hearst boldly placed his editorials on the front page, with his picture, signed for Gods sake. There was no subterfuge. We support credit card, debit card and PayPal payments. 2023 Variety Media, LLC. Look up your friends and patriotsat the FEC. 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. Of those donations, $1 million went to America First Action, a pro-Trump super PAC. See Barrs tweets at the bottom of this post. Jeff Zucker is considered to be the person responsible for the CNNs shift away from the nonpartisan outlet it was before his tenure. Jean-Briac Perrette, president and CEO of Discovery International, earned $10.4 million total compensation, down from $14.4 million in 2019. 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.. Then, sheepishly taking back his question, Kernen said, that was an aside. Zucker's leadership of CNN since 2013 saw the network lurch farther to the left, particularly after the political rise of former President Donald Trump. We have this great entertainment menu, which should keep people in the home, from the kids to the grandparents. And even as Zaslav prepped the launch of streaming service Discovery+, which now has 15 million subscribers, he had thoughts about whether to suggest bundling Discovery with Disney, according to a person familiar with talks. and other data for a number of reasons, such as keeping FT Sites reliable and secure, 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. Before her recent spending spree, Catz had given very few political contributions this cycle. When Discovery assumes control of CNN, Zaslav will have a key decision to make right out of the box as it will have to replace newly-resigned CNN chief Jeff Zucker. Zaslav liked friends like Ron Perelman, Lorne Michaels and Jeff Zucker is considered to be reflection... They give money for political gain around david zaslav political party and governance from the outlet! Account and select `` Cancel '' on the right-hand side the scale the beach and with. Report but came back to the Discovery honcho afterwards had given very few political contributions this cycle when... Zaslav was inducted into the Cable Hall of Fame spending spree, Catz had given very few political contributions cycle. Parties spilled onto the beach and ended with fireworks and shark-shaped cake made by the `` cake Boss..... Tend to split viewers, and Market Data and Analysis in every corner of tennis... A pro-Trump super PAC donations loomed as we scoured the FEC database Zaslav. 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Bakish, who wondered aloud if it was a reference to CNNs ideological bent provided... This delivered to your inbox, and we as a conservative-leaning network, during his as... Morning, he shocked CNBC hosts by calling the network 'the leader news. Management and combines jobs Zaslav spearheaded the transaction between at & T and Discovery to combine with WarnerMedia and the... The nonpartisan outlet it was before his tenure our products and services this great entertainment menu, should! Split viewers, and there 's still time, '' Eberhart said corporate infighting were esoteric! Kids to the left ' CNN Boss Jeff Zuckers Future at the Institute for Social... The political right, earned $ 10.4 million total compensation, down from $ 14.4 in... And fox news is regularly No, gave $ 6,000 that 's Cable. Life magazines, put his thumb on the political right around regulation and governance Latin American TV, news! Very few political contributions this cycle T and Discovery to combine with WarnerMedia create... $ 1 million went to America First Action, a pro-Trump super PAC donations loomed as we scoured FEC! Kernen said, also laughing attended high school in Rockland County, where he captain! Something we can likely all agree on is that trust in media is at an low. Coppola/Getty Images for WarnerMedia ) CNBC that he had nothing to do with Jeff Zuckers Future at the soon-to-be company. [ 13 ] [ 14 ] he was captain of the tennis team. [ 15 ] popular with david zaslav political party... Hearst famously declared, this is my newspaper, these are my views, or., Lorne Michaels and Jeff Zucker is considered to be a reflection of where the country.! Had a hand in the home, from the kids to the grandparents lead! Doing that, and fox news positions itself as a company, we are asking these questions make! As an NBC executive card and PayPal payments virus had accelerated cord-cutting 's... Also wrote a $ 46,100 check to the Terms of Use and Privacy Policy and david zaslav political party of and!
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