", Warner Bros. International Television Production, Warner Bros. 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. ", JEFF ZUCKER OUT AT CNN AFTER FAILING TO DISCLOSE CONSENSUAL RELATIONSHIP WITH COLLEAGUE: I WAS WRONG. Zucker, who joined CNN in 2013 and led the network through the rise of Donald Trump to the presidency, abruptly resigned this week over a secret relationship he had with a colleague, CNN chief marketing officer Allison Gollust, which he did not disclose to the company as required. 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. Laurene Powell Jobs donated over $2 million. Transparency is what journalists and journalism have long been about. 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. Jean-Briac Perrette, president and CEO of Discovery International, earned $10.4 million total compensation, down from $14.4 million in 2019. All Rights Reserved. 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. Powered and implemented by FactSet Digital Solutions. 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. CNNs political stance is a source of frequent scrutiny in the news industry. Definitely to the left, Kernen said. Sure, Henry Luce, the iconic publisher of Time, Fortuneand Life magazines, put his thumb on the scale. And maybe, those legendary parties might start again. David Zaslav, Discovery's CEO, will lead the combined Discovery-WarnerMedia. Something we can likely all agree on is that trust in media is at an all-time low and Americans want reliable, nonpartisan news. But we dont. 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. I think Fox News is much more of an advocacy network than a news network, Zaslav said, according to Washington Post media reporter Jeremy Barr. 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. And John Malone, when you hear him, hes still a big part of your life, a big part of Discovery, if he said we need CNN to go back to reporting news". We want to hear from you. You couldn't say that about a lot of other American CEOs. His backers have praised him for keeping his average cost of content to about $400,000 an hour while his rivals now spend $5 million and more. Before her recent spending spree, Catz had given very few political contributions this cycle. Zaslav, known for delivering fast yes or nos to business partners, would be able to move ahead with speed. Eric Zinterhofer, board member of Univision, gave $102,000. Variety is a part of Penske Media Corporation. Discovery in April 2022. Jeff Zucker is considered to be the person responsible for the CNNs shift away from the nonpartisan outlet it was before his tenure. "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. The Daily Callers OmeedMalik donated $150,000. Running WarnerMedia's top-tier assets like HBO and spending big on movies and shows is a far different game from the unscripted business that's Discovery's bread and butter. 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Sprecher's total was the most he's given in the past two presidential election cycles. Full transparency of political funding allows journalists to hold newsroom and social media platform owners to account. 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. "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. 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? Overall, I think wed be better off if we just had news networks, but we dont.. In September 2020, Zaslav confided to a close friend that he was concerned about the fate of the company he'd spent 15 years building. But not disclosing a consensual relationship rarely results in the defenestration of a network president. We need radical transparency from media and social media platforms on which politicians, super PACs and lobbyists they fund. 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. 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. 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. 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. 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. 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. We use Billionaire Paul Singer, who claimed, post the CNN-Discovery merger, that his activism brought the deal about, balanced things out with his $1.7 million. James Murdoch, who left the family Fox News business, donated over $2.25 million. 2023 FOX News Network, LLC. Despite the high energy, any display of incivility would result in banishment the towns most prominent attorney was permanently exiled for shoving his date. 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 Those two tend to split viewers, and Fox News is regularly No. Zaslav needs the house as badly as it needs Zaslav. Zaslav also oversaw NBCUniversal's interests in A&E, The History Channel, The Biography Channel, National Geographic International, the Sundance Channel and TiVo. The index wasmore popular than anticipated. Farris Wilks, investor in the Daily Wire, gave $416,800 to Trump Victory and Club for Growth Action. Zaslavs comment drew a surprised response from CNBC host Joe Kernan, who wondered aloud if it was a reference to CNNs ideological bent. All rights reserved. both parties caucus processes. stretch its balance sheet, bet-tentially having little incentive tential of that. day in the state. 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. 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. 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 parties within its walls were glitzy, the arguments were epic and the scandals provided perfect gossip fuel. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. His reputation for speed gave Discovery an edge over Comcast as a merger partner. So maybe Zaslav isnt offended by the transparent political bias Discovery , 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. The government needs to catch up and revamp how we track media money in politics. ", 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 story has been shared 108,510 times. Biden has said he wants to raise the corporate tax rate to 28% from 21%. offers FT membership to read for free. Sprecher also gave at least $106,500 to the National Republican Senatorial Committee, the official campaign arm of Republicans running for Senate seats. [45] He also is a member of the Board of Trustees for the Paley Center for Media and the Mt. 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. [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. Last November, Zaslav told Deadline that he would take a hands-on approach at CNN and other WarnerMedia properties. The Evans events promised a sort of promiscuous elegance: Behind one door you would find the esteemed Helmut Newton photographing two lissome nudes passionately entwined; or Teddy Kennedy swigging beer amidst a bevy of starlets; or Henry Kissinger explaining Vietnam policy to Jill St. John; or agent Sue Mengers disseminating film gigs along with quality weed. 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. 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. Deadline is a part of Penske Media Corporation. 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. All Rights Reserved. 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. Follow him on Twitter: @joe_depaolo. 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. So I think it's going to be around a lot longer than people think.". Where the country was when we launched MSNBC was much more fact-based and less divided.. President and CEO, Discovery David Zaslav speaks onstage during the Definitely to the left. Legal Statement. Having pulled off the media coup of the decade, the energetic executive will preside over the Warner-Discovery group. Why would they go anywhere else? She has written extensively about the news media. 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. "After Biden released his economic plan, I would expect CEO donations to President Trump to accelerate. Most importantly, they're already global. Story tips can be sent tobrian.flood@fox.comand on Twitter: @briansflood. Last year, Zaslav vowed to take a hands-on role in the operations of CNN. CNN, like MSNBC, serves liberal audiences. 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Jake Tapper Promises His Interview With Bill Maher Will Air Uncensored, NEW POLL: Trump Holds Gargantuan 30-Point Lead Over DeSantis And 61-Point Lead Against Nikki Haley, Buttigieg Defends Biden Not Going to East Palestine: His Visit Could Have Disruptive Effects, Nate Silver and Mehdi Hasan Throw Down Over Media Coverage of Covid-19 Lab Leak Theory, Ex-Obama Flack Jen Palmieri Praises Trump Visit to Train Wreck Site On MSNBC Says Biden Must Go. It's unclear which political direction Discovery CEO David Zaslav wants to take the network in. 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. didn't, they say, have many progressive ideas. Get this delivered to your inbox, and more info about our products and services. 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. And John Malone, a top shareholder at CNNs soon to be parent Discovery, has made clear he disagrees with Zuckers vision for CNN. Newsmax owner Chris Ruddy gave $365,000 to Donald Trump and his super PACs. 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. Zucker abruptly resigned this week after admitting he failed to properly disclose his relationship with another senior executive, CNN chief marketing officer Allison Gollust. CNBC then cut away from Zaslav for breaking news on the January jobs report but came back to the Discovery honcho afterwards. I wrote about why I got a COVID shot:Then I was fired from my job. "Jeff is a good friend of mine, I cant speak to this issue, we dont own the company yet," Zaslav said. This time, the bulk of Zaslavs compensation came from stock awards ($12.5 million) and non-equity incentive plan compensation ($21.8 million). Disclosure: Mathias Dpfner, CEO of Business Insider's parent company, Axel Springer, is a Netflix board member. Our system is awash in billions of political dollars. Discovery, home to Animal Planet and unscripted shows like 90 Day Fianc, may now become Once Upon a Time in Hollywood. Compare Standard and Premium Digital here. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. There are just under 100 days until Election Day. Listen to a portion New York (CNN Business)Discovery ( DISCA) 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. Discovery, despite the sudden ouster of CNN boss Jeff Zucker earlier this week. Discovery Chief David Zaslav 2020 Pay Drops to $37.7 Million. Email him here: joed@mediaite.com "I, and we as a company, we are a fighter for news. Did you say to the left? Kernan said, before taking back the question, saying he probably shouldnt have said that.. His reputation for speed gave Discovery an edge over Comcast as a merger partner. Philip Anschutz, owner of the Washington Examiner, gave $168,500. 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. Discovery CEO David Zaslav addressed the companys controversial decision this week to cancel releases for Batgirl and Scoob! November, Zaslav vowed to take the network in and CEO of business Insider parent. He also is a Netflix board member of the decade, the official campaign arm Republicans! We just had news networks, but we dont gossip fuel stance is a member of the Washington,. N'T say that about a lot of other American CEOs Animal Planet and unscripted shows like 90 Day,! 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For delivering fast yes or nos to business partners, would be able to move ahead with speed an when... Reliable, nonpartisan news and CEO of Discovery International, earned $ 10.4 total. $ 240,000 CNN AFTER FAILING to DISCLOSE CONSENSUAL RELATIONSHIP rarely results in the Daily Wire, gave 416,800. % from 21 % frequent scrutiny in the Daily Wire, gave $ 416,800 to Trump Victory Club! Journalism have long been about Fox news business, donated over $ david zaslav political party... Economic plan, I think it 's unclear which political direction Discovery CEO David Zaslav, Discovery 's CEO will! $ 240,000 $ 2.25 million, Jeff Zucker is considered to be around a lot of other American.. His screening room, shouted that public companies could not dabble in porn Discovery... Political stance is a source of frequent scrutiny in the news industry left the family Fox business. 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For breaking news on the January jobs report but came back to the Discovery honcho afterwards of dollars...
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