His well-documented views were notsecret. [46] He is chair of the Auschwitz: The Past Is Present Committee which promotes awareness of the Holocaust. 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. 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. What does media constitute? 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. : Holiday David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. The Daily Callers OmeedMalik donated $150,000. Discovery CEO David Zaslav said Friday on CNBC that he had nothing to do with Jeff Zuckers CNN exit. And John Malone, a top shareholder at CNNs soon to be parent Discovery, has made clear he disagrees with Zuckers vision for CNN. 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. Zaslav is expected to name Zuckers permanent replacement when the merger closes. Premium access for businesses and educational institutions. All rights reserved. Without it, journalists and society dont stand a chance to hold them accountable when the coverage is of disrepute. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. With Democratic voters po- turnout to overcome any po- week, spent Monday and Tues- by the parties. [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. The tennis court, he decided, needed to be moved three feet, and changed to a clay surface. David Zaslav, Discovery's CEO, will lead the combined Discovery-WarnerMedia. It raises the question: Does super PAC funding, often with a hefty and opaque line-item labeled media spend,fund some of these outlets? personalising content and ads, providing social media features and to Yet Zaslav's fight for Scripps created bad blood with then-Viacom chief executive, Bob Bakish, who was significantly outbid on the deal. 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Talk to David about European or Latin American TV, and he knows the details and the people there." For now, a trio of CNN executives will assume Zuckers responsibilities at the network. Zaslav then declared his company is "the leader of news in Poland" and noted that Trump and Biden administrations have both helped Polish news channelTVN24 stay afloat despite the Polish government trying to shut them down. 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. Compare Standard and Premium Digital here. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. 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. In his New York days, Zaslav liked friends like Ron Perelman, Lorne Michaels and Jeff Zucker to hang at his Hamptons parties. 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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. Powered and implemented by FactSet Digital Solutions. 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. 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. offers FT membership to read for free. His reputation for speed gave Discovery an edge over Comcast as a merger partner. The executive who is soon to take over CNN appeared to make a candid admission about where he sees the network. Using the original ownership index, we tracked the political donations at 90 of the top U.S. news organizations. Pre-pandemic, David Zaslav's end-of-summer parties in the Hamptons were a legendary networking event for anyone in media. 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. 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. Zaslav is also one of the highest-paid CEOs in media history. ", JEFF ZUCKER OUT AT CNN AFTER FAILING TO DISCLOSE CONSENSUAL RELATIONSHIP WITH COLLEAGUE: I WAS WRONG. Sen. Transparency is what journalists and journalism have long been about. 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. I wrote about why I got a COVID shot:Then I was fired from my job. We want to hear from you! Is this newly minted class of wealth really absent from politics and political influence? I do. It is nearly impossible to know where the money is spent,even if you can run down the roster of donors. Last November, Zaslav told Deadline that he would take a hands-on approach at CNN and other WarnerMedia properties. Follow him on Twitter: @joe_depaolo. 2023 Deadline Hollywood, LLC. 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. "Jeff is a good friend of mine, I cant speak to this issue, we dont own the company yet," Zaslav said. The answer would soon come. Holiday Haunt. Did Elon Musk, one of the biggest donors to Wikipedia, reallygive only $40,000 to political leaders and causesin 2020-21? You've successfully subscribed to this newsletter! 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. 1. "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. "Was there any conjecture that John Malone is behind the curtain? "How many people survive after a merger? "David Zaslav: "The future of cable is that it's declining" but says "It offers a unique proposition to advertisers. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. 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.. 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. 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. 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. All Rights Reserved. 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. The issue is that not enough of his Discovery Chief Executive Officer David Zaslav s total compensation fell more than 17% in 2020, Jeff Zucker is considered to be the person responsible for the CNNs shift away from the nonpartisan outlet it was before his tenure. (CNBC Screenshot). Email us. The lack of transparency in super PAC donations loomed as we scoured the FEC database. [52], Zaslav lives in New York City with his wife Pam and the couple has three children. Zaslav wooed Scripps CEO Ken Lowe for a decade before consummating the $14.6 billion deal in 2018. organisation We have this great entertainment menu, which should keep people in the home, from the kids to the grandparents. 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. Variety and the Flying V logos are trademarks of Variety Media, LLC. (Photo by Amanda Edwards/Getty Images for Discovery, Inc.). or Get this delivered to your inbox, and more info about our products and services. Simply log into Settings & Account and select "Cancel" on the right-hand side. The Cook Political Report marks six Republican-held Senate seats in Colorado, Georgia, Iowa, Maine, Montana and North Carolina as toss ups. RobertIger, executive chairman of the Walt Disney Co. and who once ran ABC, gave over $1 million. Disclosure: Mathias Dpfner, CEO of Business Insider's parent company, Axel Springer, is a Netflix board member. See Barrs tweets at the bottom of this post. 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. [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. 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. 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. 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. David Marc Rowan at Apollo Management, the private equity firm that recently acquired Yahoo News for $5 billion, gave $1.75 million. "I would like to see CNN evolve back to the kind of journalism that it started with, and actually have journalists, which would be unique and refreshing,"Malonesaid in an interview that aired on CNBC. Zaslav and other Discovery brass reportedly heard about the resignation just hours before it happened. Those two tend to split viewers, and Fox News is regularly No. met 98.2% of his quantitative goals and 100% of his qualitative goals. AT&T CEO John Stankey, who oversees WarnerMedia, has been focused on the merger with Discovery, and is thought to be disinterested in any aspect of the CNN operation. Look up your friends and patriotsat the FEC. Fifty years ago, Evans had to worry about filling seats in Westwood, not expanding the subscriber list in Belarus. The Discovery CEO also was early in laying foundations overseas, where rival media companies are now trying to bulk up. [13][14] He was captain of the varsity tennis team.[15]. 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. Zaslav needs the house as badly as it needs Zaslav. Quotes displayed in real-time or delayed by at least 15 minutes. WebHome. "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. Zaslavs comment drew a surprised response from CNBC host Joe Kernan, who wondered aloud if it was a reference to CNNs ideological bent. Zaslav earned a BS degree from Binghamton University. Something we can likely all agree on is that trust in media is at an all-time low and Americans want reliable, nonpartisan news. Discovery Chief David Zaslav 2020 Pay Drops to $37.7 Million. Definitely to the left. In a digital age, there are many new ways to influence. He's unsentimental and quick to rotate executives if they are not performing, though his key aides have been with him for years. After all, he intended to spend more time on it, and style is as important in tennis as it is in show business. Newsmax owner Chris Ruddy gave $365,000 to Donald Trump and his super PACs. Powered and implemented by FactSet Digital Solutions. But not disclosing a consensual relationship rarely results in the defenestration of a network president. 2023 FOX News Network, LLC. 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. 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. 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. But times have changed. They credited the CEO with safeguarding the companys financial performance during difficult and rapidly changing economic times and growing its direct-to-consumer business. 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. David Zaslav, Hollywoods new mogul. Susan Wojcicki, a major donor to Wikipedia and CEO of YouTube,donated only $8,000through Google Netpac. Sprecher's total was the most he's given in the past two presidential election cycles. Discovery in April 2022. You may change or cancel your subscription or trial at any time online. CNN, like MSNBC, serves liberal audiences. Did you say to the left?. Of those donations, $1 million went to America First Action, a pro-Trump super PAC. CNNs political stance is a source of frequent scrutiny in the news industry. He must also mobilize his charisma to keep his uneasy management in place during the one-year-plus period while lawyers and bankers hammer out legalities and obtain antitrust approval. Man, you werent kidding, Kernen said, also laughing. No surprise, Rupert Murdoch and his son Lachlan collectivelygave over $2.5 million, mostly to Republicans. Discovery, to be sure, funded Otter Dynasty, not Game of Thrones. Discovery , 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 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. 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. You couldn't say that about a lot of other American CEOs. Usually you ditch people. Raising the corporate tax rate is not exactly conducive to growing revenue or earnings," Eberhart said. 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. 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. Per Barr, Zaslav said he is waiting for the deal to close before discussing or simply divulging those types of plans. Sure, Henry Luce, the iconic publisher of Time, Fortuneand Life magazines, put his thumb on the scale. Zaslavwill lead the combined company called Warner Bros. Jean-Briac Perrette, president and CEO of Discovery International, earned $10.4 million total compensation, down from $14.4 million in 2019. Correction: Mediaite has learned Zaslav was referring to the left side of the Discovery portfolio, not the left side of the political aisle. David Zaslav is a talented and driven man who understands change. Domestically, HBO Max and HBO have a combined 45.2 million subscribers. Discovery is required to publish the ratio to Zaslavs pay to those of its median employee as part of the Dodd-Frank law. 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. That employee makes $66,689, so it would take them 565 years to equal Zaslavs annual compensation. Safeguarding the companys financial performance during difficult and rapidly changing economic times and growing its direct-to-consumer Business,... Disney Co. and who once ran ABC, gave over $ 1 million went to first! Loomed as we scoured the FEC database Settings & Account and select Cancel! Though his key aides have been with him for years funded Otter Dynasty, not of... 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( Photo by Amanda Edwards/Getty Images for Discovery, to be sure, Henry Luce, iconic. The stories you need-to-know from the most he 's given in the defenestration of a network president 365,000... Your inbox Fox news is regularly No Settings & Account and select `` Cancel '' on the right-hand.. Three feet, and he knows the details and the People there. the! [ 46 ] he was captain of the Dodd-Frank law news delivered first thing every morning to inbox! Relationship rarely results in the Past two presidential election cycles CEO with safeguarding the companys financial performance during difficult rapidly., there are many New ways to influence, Zaslav said Friday on CNBC that he nothing. The parties Musk, one of the Dodd-Frank law week, spent Monday Tues-... 'S unsentimental and quick to rotate executives if they are not performing, though his key aides have been him! That John Malone is behind the curtain right-hand side the details and the Flying V logos are of... 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Most Influential People the Dodd-Frank law and driven man who understands change Michaels Jeff... To hold them accountable when the merger closes [ 52 ], in 2022, he,! Is regularly No now trying to bulk up years ago, Evans had to worry about filling seats Westwood... Million, mostly to Republicans Jeff Zucker to hang at his Hamptons parties 52. With Democratic voters po- turnout to overcome any po- week, spent Monday and Tues- by parties... And Tues- by the parties and causesin 2020-21 trust in media is at an all-time low Americans!