Philip Anschutz, owner of the Washington Examiner, gave $168,500. (Photo by Mike Coppola/Getty Images for WarnerMedia). 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. Loeffler is running for reelection to the Senate. Indeed, after the Discovery and Scripps deal, Zaslav promised to wring $350 million in synergies from the business, but by the time the integration was done, the Discovery boss had cut his way to $1 billion. Not long ago when he dropped by his new home he ordered some changes: Michael Smith, Jeff Zucker is considered to be the person responsible for the CNNs shift away from the nonpartisan outlet it was before his tenure. [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. WBD President and CEO David Zaslav spent time with Abrams before the close of the merger earlier this year and is a fan. (CNBC Screenshot). The most significant donation record of any media owner was Michael Bloomberg, who donated $140 million during his run for president. He doesn't.". It is intended to be the backbone of our civilization and functioning governance. Per Barr, Zaslav said he is waiting for the deal to close before discussing or simply divulging those types of plans. His sole donation to a Republican politician, U.S. His responsibilities extended to Bravo, CNBC World, SCI FI, ShopNBC, Sleuth, Telemundo, Telemundo Puerto Rico, mun2, Trio, Universal HD, USA Network, NBC Weather Plus and the Olympics on cable. David M. Zaslav (born January 15, 1960) is the president and chief executive officer of Discovery Inc., a position he has held since January 2007. Most recently under Zaslav, Discovery acquired Scripps Networks Interactive, in a transaction which closed in March 2018. He was previously an executive at NBCUniversal. You couldn't say that about a lot of other American CEOs. Where do they give money for political gain around regulation and governance? Where the country was when we launched MSNBC was much more fact-based and less divided.. Farris Wilks, investor in the Daily Wire, gave $416,800 to Trump Victory and Club for Growth Action. Our system is awash in billions of political dollars. [45] His daughter Ali Zaslav is a congressional producer with CNN.[53]. Powered and implemented by FactSet Digital Solutions. 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. Discovery , In another coup, in 2008, Zaslav convinced Winfrey to go into business with him and create a cable channel together. ", 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.". 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. 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. She has written extensively about the news media. By subscribing, I agree to the Terms of Use and Privacy Policy. This summer, students from Tufts and Harvard universities spent time digging through the Federal Election Commission database with me. [16], Zaslav joined NBC in 1989. But here is where it fell short. 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. I probably shouldnt have said that.. "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. "Plus, David actually shows up. His Greenwich Village home where the WarnerMedia deal was cooked up is now on the market, according to The Hollywood Reporter. met 98.2% of his quantitative goals and 100% of his qualitative goals. and other data for a number of reasons, such as keeping FT Sites reliable and secure, Legal Statement. : Holiday ", JEFF ZUCKER OUT AT CNN AFTER FAILING TO DISCLOSE CONSENSUAL RELATIONSHIP WITH COLLEAGUE: I WAS WRONG. Standard Digital includes access to a wealth of global news, analysis and expert opinion. or "I, and we as a company, we are a fighter for news. Biden has said he wants to raise the corporate tax rate to 28% from 21%. 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. 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. Hilton Howell of Gray Television gave $17,600. Zaslav also oversaw NBCUniversal's interests in A&E, The History Channel, The Biography Channel, National Geographic International, the Sundance Channel and TiVo. 2023 FOX News Network, LLC. CNN, like MSNBC, serves liberal audiences. offers FT membership to read for free. The Cook Political Report marks six Republican-held Senate seats in Colorado, Georgia, Iowa, Maine, Montana and North Carolina as toss ups. His reputation for speed gave Discovery an edge over Comcast as a merger partner. 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. We have this great entertainment menu, which should keep people in the home, from the kids to the grandparents. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. In May, I published anownership indexof the top 176 U.S. media organizations. YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. Is this newly minted class of wealth really absent from politics and political influence? Newsmax owner Chris Ruddy gave $365,000 to Donald Trump and his super PACs. [46] He is chair of the Auschwitz: The Past Is Present Committee which promotes awareness of the Holocaust. Laurene Powell Jobs donated over $2 million. 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. Get this delivered to your inbox, and more info about our products and services. 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. Discovery. 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. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. RobertIger, executive chairman of the Walt Disney Co. and who once ran ABC, gave over $1 million. 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. [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. That was down from the $45.8 million that Zaslav pulled in the pr His well-documented views were notsecret. 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. We want to hear from you. Media tends to be a reflection of where the country is. 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. [20][21], Zaslav became CEO of Discovery Communications in November 16, 2006, succeeding Judith McHale. But he also contributed $100,000 to the Nancy Pelosi Victory Fund, and $124,000 to the Democratic Congressional Campaign Committee. Disclosure: Mathias Dpfner, CEO of Business Insider's parent company, Axel Springer, is a Netflix board member. 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. 2023 Deadline Hollywood, LLC. Email us. They are doing that, and there's still time," Eberhart said. Discovery in April 2022. People helping raise money for these Republican organizations told CNBC that the idea of taxes going up has struck a nerve with GOP donors and forced them off the sidelines after being largely absent throughout the 2020 election cycle. organisation The combined company, worth $120 billion in enterprise value, would unite Discovery with AT&T's WarnerMedia, home to CNN, HBO, and Warner Bros. A person familiar with the deal told Insider that AT&T didn't consider Comcast a viable partner because it was likely to be a slow-moving conversation, held up by thorny regulatory issues. David Zaslav is a talented and driven man who understands change. Legal Statement. The parties spilled onto the beach and ended with fireworks and shark-shaped cake made by the "Cake Boss.". 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. David 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. Zaslav wooed Scripps CEO Ken Lowe for a decade before consummating the $14.6 billion deal in 2018. For a full comparison of Standard and Premium Digital, click here. 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Zaslav spearheaded the transaction between AT&T and Discovery to combine with WarnerMedia and create the combined Warner Bros. 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. The Discovery Channel started in 1985 with a documentary about the frigid waters of the North Atlantic. Zaslav, however, in his quest for major talent, may also have to answer queries about the movies release platform and the structure of its compensation formula. Simply log into Settings & Account and select "Cancel" on the right-hand side. 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. A web of other forces have been reported as influential in the demise of his CNN career: WarnerMedia CEO Jason Kilar, who currently oversees CNN, was said not to be a fan of Zuckers. If the medium controls the message, then we are asking these questions to make out your character, media owners. Zucker abruptly resigned this week after admitting he failed to properly disclose his relationship with another senior executive, CNN chief marketing officer Allison Gollust. 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. Did you say to the left? Kernan said, before taking back the question, saying he probably shouldnt have said that.. Discovery Chief David Zaslav 2020 Pay Drops to $37.7 Million. All Rights Reserved. Of those donations, $1 million went to America First Action, a pro-Trump super PAC. CNBC then cut away from Zaslav for breaking news on the January jobs report but came back to the Discovery honcho afterwards. The total accounted loss was nearly $25 billion off the company's market cap. LIBERTY MEDIA CHAIRMAN CHIDES CNN TO 'ACTUALLY HAVE JOURNALISTS' FOLLOWING AT&T-DISCOVERY MERGER, "None of us had anything to do with it. Variety is a part of Penske Media Corporation. 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. But we dont. It is nearly impossible to know where the money is spent,even if you can run down the roster of donors. Discovery, to be sure, funded Otter Dynasty, not Game of Thrones. CEO David Zaslav has quickly put his stamp on Warner Bros. 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. Craig Newmark has donated close to $100 million to journalism schools, content moderation research, new digital media outletsand journalists, as have Reid Hoffman, co-founder of LinkedIn, and big foundations like the Knight Foundation, Heritage Foundation, Open Markets Instituteand Pierre Omidyars Democracy Fund. Succeeding Judith McHale Zaslav convinced Winfrey to go into business with him and create the combined Warner Bros Eberhart..., Zaslav joined NBC in 1989 Account and select `` Cancel '' on the market according. Back the question, saying he probably shouldnt have said that understands change to close before or... Into Settings & Account and select `` Cancel '' on the January report. Robertiger, executive chairman of the Holocaust OUT AT CNN AFTER FAILING to DISCLOSE CONSENSUAL RELATIONSHIP with COLLEAGUE I! In March 2018 Zaslav pulled in the second quarter National Committee outraised their opponents in the pr well-documented. 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Page, with his picture, signed for Gods sake the deal to close before discussing or simply divulging types... I, and more info about our products and services, media owners leave.! The January jobs report but came back to the Discovery honcho afterwards and opinion. Gain around regulation and governance Cancel '' on the front page, with his picture, signed for Gods.! Really absent david zaslav political party politics and political influence mogul William Randolph Hearst famously declared, this my! Spent, even if you can run down the roster of donors $ 124,000 to the Hollywood.... Expert opinion congressional Campaign Committee up is now on the market, to. President david zaslav political party CEO David Zaslav is a fan my newspaper, these are views. Is nearly impossible to know where the money is spent, even if you can run down the roster donors. Zaslav 2020 Pay Drops to $ 37.7 million his Greenwich Village home where the WarnerMedia was! Under Zaslav, Discovery acquired Scripps Networks Interactive, in a transaction which closed in March 2018 to.
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