We will disclose when a product has been given for free for review and/or when no cost has been incurred to the staff so that you may be able to make a fully informed decision as to the opinions provided. Dan Eberhart, a longtime prominent Republican donor, told CNBC he senses that wealthy financiers are going to start lining up behind Trump. Cuomo's legal team ultimately told CNN investigators that it washypocritical to suggest that the host had a personal conflict of interest while Zucker had failed to disclose his own relationship with comms chief Allison Gollust - even though it was an 'open secret' at the company. Discovery CEO David Zaslav, who's taking over CNN. Warner Bros. Discovery CEO Zaslav Tackles Streaming Wars, CNN Strategy David Zaslav Wants to Distinguish CNN From 'Advocacy Networks' CNN's political stance is a source of frequent scrutiny in the news industry. CNNs political stance is a source of frequent scrutiny in the news industry. Text. Ad market worse now than during pandemic lows, David Zaslav says Cuomo - who earned $6 million annually at CNN, according to Celebrity Net Worth-told investigators that he reached out to a 'non-journalistic' source while fishing for information on one of his brother's accusers. P. NATIONAL CABLE AND TELECOMMUNICATIONS ASSOCIATION POLITICAL ACTION COMMITTEE (NCTA PAC) ZASLAV, DAVID. Download Bio. We're not involved in any of that,' Zaslav said. Longtime Discovery chief David Zaslav, who will soon oversee CNN as part of his company's merger with WarnerMedia, called his future competitor Fox . [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. Keep following the money. Democratic Party. In his contract extension, Zaslav also received stock options valued at $190 million, making him one of the highest-paid entertainment executives in the world. When a product has been provided for free you will see disclosure at the bottom of the article. Why it matters: Ratings are secondary to credibility, in the view of Warner Bros. But there appears to be more to it than Stelters style. Discovery CEO David Zaslav Touts CNN's Ukraine War Footing, Doesn't 2-min read. The company also expanded live coverage and special programming including Discoverys Shark Week and Animal Planets Super Bowl Sunday Puppy Bowl. Joint ventures of DISCA include unions with OWN, the cable channel of Oprah Winfrey, and Hasbro. They developed the Consumer News and Business News Channel which focused on business news by day and consumer news by night. Zaslav has been prodding Licht to reposition CNN to the center, and be a network preferred by everybody Republicans, Democrats. Discovery in April, hired Chris Licht as head of CNN, following the ouster of Jeff Zucker earlier this year. 'They were widely known to be extremely close and in regular contact, including about the details of Mr. Cuomo's support for his brother,' the spokesman told the Wall Street Journal. Later, Zaslav would teach a graduate course in cable television business as an adjunct professor at Fordham University. Making purchases through these links helps support the site. The highest CEO in the United States, his salary in 2015 was $156,000,000. The problem is we are not a neutral country, the source said. Discovery chief executive David Zaslav's last name. 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. At the time, they were competing with Headline News and CNN. See Barrs tweets at the bottom of this post. 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. Discovery executives are treating Zuckersunexpected exit as a fresh startfor CNN, according to the networks own media reporter, Brian Stelter. 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. "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. He loves to play tennis and golf but is, admittedly, not as good at golf. 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. [45] He also is a member of the Board of Trustees for the Paley Center for Media and the Mt. A source told Deadlines Dominic Patten and Ted Johnson that even if Malone didnt order Stelters ouster, it sure represents his thinking. Discovery in April 2022.. Zaslav's executive compensation package includes an annual salary of $3 . By clicking submit, you agree to share your email address with the site owner and Mailchimp to receive emails from the site owner. Mutual Fund and ETF data provided by Refinitiv Lipper. david zaslav political affiliation. Zaslavs comment drew a surprised response from CNBC host Joe Kernan, who wondered aloud if it was a reference to CNNs ideological bent. Per Barr, Zaslav said he is waiting for the deal to close before discussing or simply divulging those types of plans. Any amount given between Jan. 1, 2017, and Aug. 31, 2018, was taken into account for this list. That cycle, which covers contributions made in 2019, shows Zaslav contributed small sums to one Republican and three Democrats. David Zaslav Is on the 2022 TIME 100 List | TIME Discovery chief praises CNN ahead of merger, addresses ouster of Top CEOs ramp up GOP donations as Biden threatens to scale back - CNBC That billionaire is John Malone, a legend in the cable TV business and one who has deep and longstanding ties with David Zaslav, the CEO of WBD. CEO David Zaslav, who will lead the combined company after Discovery merges with CNN parent WarnerMedia later this year, made the remark in an interview with CNBC on Friday, prompting laughter from host Joe Kernan. David Zaslav, the longtime leader of Discovery, sketched out his vision for the newly formed Warner Bros. Afsaneh Beschloss, NPR Board of . Discovery WBD -3.1% CEO David Zaslav says he wasn't sending a message with his decision to quickly kill off CNN's short-lived streaming channel, CNN+. RELATED: Anonymous Batgirl Actor Allegedly "Very Offended" Over Film's Cancellation, Says Warner Bros. LIBERTY MEDIA CHAIRMAN CHIDES CNN TO 'ACTUALLY HAVE JOURNALISTS' FOLLOWING AT&T-DISCOVERY MERGER, "None of us had anything to do with it. David Zaslav Raises Curtain on Warner Bros. Discovery: 'This Really Is [52], Zaslav lives in New York City with his wife Pam and the couple has three children. Under the merger, WarnerMedia and Discovery will become one new media powerhouse - Warner Bros. So, how much is David Zaslav worth at the age of 62 years old? David Zaslav - $235,100 in Political Contributions for 2016 Zaslav decided to study law at Boston University. Last November, Zaslav told Deadline that he would take a hands-on approach at CNN and other WarnerMedia properties. Get this delivered to your inbox, and more info about our products and services. As David Zaslav prepared to take over Warner Bros. When such a disclosure does not exist, you can assume that the items have been purchased for review. 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. 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.. HBO Max and Warner Bros. Discovery seem to be on fire, and that's on His newsletter is at robertreich.substack.com, Original reporting and incisive analysis, direct from the Guardian every morning, The show was cancelled by Chris Licht, CNNs new chairman and CEO, who reportedly was not a fan of Stelters opinionated style., or several years, Brian Stelters Sunday show on, stop referring to Donald Trumps big lie, Saving Capitalism: For the Many, Not the Few. ", 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.". I do. 'Being that WarnerMedia's standards of business conduct require disclosure of relationships that develop with a boss and subordinate, Zucker's goose was officially cooked,' the report added. Mediaite, which initially reported on the comment as a political remark, later issued a correction to clarify that 'Zaslav was referring to the left side of the Discovery portfolio, not the left side of the political aisle. 'There were no secrets about this, as other individuals besides Mr. Cuomo can attest. 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. Warner Bros. We have estimated David Zaslav's net worth, money, salary, income, and assets. Power isnt exercised that directly or clumsily in large corporate media bureaucracies. Legal Statement. 10573. During his tenure with DISCA, David Zaslav has brokered important deals. [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. ", JEFF ZUCKER OUT AT CNN AFTER FAILING TO DISCLOSE CONSENSUAL RELATIONSHIP WITH COLLEAGUE: I WAS WRONG. August 1, 2022. [45] His daughter Ali Zaslav is a congressional producer with CNN.[53]. David Zaslav's income source is mostly from being a successful President. Discovery CEO Moving to Los Angeles: WarnerMedia Deal - The Hollywood CNBC posted a clip of the exchange on Twitter, but later deleted it. RYE BROOK, NY. In his free time, he enjoys hobbies such as playing golf and tennis. His favorite television show (not on the Discovery network) is Saturday Night Live. Under his leadership, Discovery began trading as a public company in 2008, became a Fortune 500 company in 2014, and acquired Scripps . $200 Million. In the last 48 hours Warner Bros. Discoverys CEO David Zaslav has been painted as a villain. "Zas," as he is known to friends, spent the first two decades of his career at NBC, where he helped launch CNBC and MSNBC before taking the helm at Discovery in 2007. '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,' he told CNBCin 2019. Zaslav is a member of several boards including Sirius XM Radio, Lions Gate Entertainment, National Cable and Telecommunications Assoc., The Cable Center, Grupo Telviso, and USC Shoah Foundation. . 2023 NYP Holdings, Inc. All Rights Reserved, CNN analyst gives birth in bathroom after 13-minute sudden labor, US government-funded research tagged Americans for Twitter ban: report, Bill Maher says woke community wants to shut down debate on trans issues, New York Times, MSNBC, CNN slammed for claiming COVID lab leak theory was debunked, dialed back usingthe breaking news banner, Reliable Sources hosted by Brian Stelter, evaluating whether CNNs staffers can adjust. David Zaslav arrives at the 2013 Allen & Company Sun Valley Conference, wearing one of his trademark sweater vests. 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. Garrett by trade is a personal finance freelance writer and journalist. . Sprecher's total was the most he's given in the past two presidential election cycles. The reason? Market data provided by Factset. 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. Got a confidential news tip? As for Hasbro, Zaslav saw the potential to reach children with educationally tied programming. When you follow the money behind deeply irresponsible decisions at the power centers of America today, the road often leads to rightwing billionaires. 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. Market data provided by Factset. I cannot resign. One of his favorite books is Binions World Series of Poker by James McManus. Sinai Medical Center. CNN After Jeff Zucker, Key Challenges for Discovery CEO David Zaslav Malone is a supporter of Zucker's most emboldened enemy, Donald Trump. He donated $250,000 to Trump's inauguration in 2017 and has made no secret of the fact that he, like Trump and millions of others, think CNN has become too left-wing and biased. AP At this writing, shares in Discovery, Inc. traded just north of $24. Robert Zimmerman, Rep. Hakeem Jeffries, and Sen. Chuck Schumer. Currently, DISCA is present in 200 countries and territories. 'Discovery's largest shareholder, John Malone, a critic of CNN, made it known that corporate procedures had to be followed to the letter in regards to Zucker, we hear,' Deadline reported on Wednesday. Discovery Lost $20 Billion in Market Cap Trying to Cut $3 Billion in Costs", "HBO Max is treating animation fans and creators like hot, burning garbage", "Infinity Train Creator Says Animation Teams Were Given No Warning Before HBO Max Purge", "Seven New Members Elected to University's Board of Trustees", CableFax: "Never Forget: Zaslav, Spielberg Help Commemorate Auschwitzs Liberation", UJA-Federation of New York: "Oprah, Wiesel Honor Zaslav at Leadership Awards Dinner", "Oprah, Wiesel Honor Zaslav at Leadership Awards Dinner", "David Zaslav: The 100 Most Influential People of 2022", "He ran Animal Planet and HGTV. The goal succeeded in getting DISCA into school educational programs. He negotiated deals with Comcast, Time Warner and Direct TV. 'Because resigning is you saying that you did something wrong. Discovery CEO David Zaslav has vowed to take a "hands-on" approach with WarnerMedia's properties. The CEO of Warner Brothers Discovery is David Zaslav. Net Worth. According to TV ratings agency Nielsen, CNNs weekend ratings for the month were the lowest of the year in both the all-important 25- to 54-year-old demographic and total viewers. Zaslav counts among his friends, Oprah Winfrey, Lloyd Blankfein (Goldman Sachs CEO) and Colin Powel (former Secretary of State). Mr. Zaslav spearheaded the transaction between AT&T's . virginia king demi mom. DISCA has brokered deals with foreign cable and broadcast companies which has helped to expand the companys international presence. A Real Clear Politics polling average shows Biden ahead of Trump by close to 10 points. The CEO of Discovery, David Zaslav, appeared on CNBC Friday in an interview discussing the company taking over CNN and allegedly misstated that the network was the leader in news to the left when . 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. NY Times 'forgot' to print Declaration of Independence for Canadian teacher with size-Z prosthetic breasts placed on paid leave, Buster Murdaugh got 'very drunk' with dad 2 months after mom, brother murdered: source, I'm a professional cleaner ditch these 4 household products immediately, Tom Sandoval speaks out on Raquel Leviss affair: I deserve your anger, Shoeless Ariana Madix awkwardly tries to avoid cheating Tom Sandoval, Prince Harry was scared to lose Meghan Markle after fight that led to therapy, Tom Sizemore And The Dangerous Burden of Desperation, Ariana Madix, Tom Sandoval have awkward moment amid cheating scandal. Zaslav also oversaw NBCUniversal's interests in A&E, The History Channel, The Biography Channel, National Geographic International, the Sundance Channel and TiVo. 19.8 %- . In the last 48 hours Warner Bros. Discovery's CEO David Zaslav has been painted as a villain. [46] He is chair of the Auschwitz: The Past Is Present Committee which promotes awareness of the Holocaust. [33], Under his leadership, Discovery began trading as a public company in 2008, became a Fortune 500 company in 2014 and acquired Scripps Networks Interactive in 2018. That tells us a very different story than whats come out in the media. The CEO, whose company owns CNN, Warner Bros., HBO, Animal Planet and TLC, told reporters at Allen & Co.s summer camp for billionaires in Sun Valley, Idaho, that CNNs new approach will pay off in the long term, even as ratings sink to historic lows. Zaslav was speaking at the Paley International Council Summit when . 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. David Milton Zaslav was born on January 15, 1960 in Brooklyn, New York City, U.S. happened. Earlier this year, after former President Donald Trump left office, CNNs ratings took a 90% nosedive both overall and in the demographic coveted by advertisers in the first week of January. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. Same goes for Jason Kilars future, we presume. Cuomo has always maintained that Zucker knew the extent to which he had helped his brother while he was in office, and the network boss ignored calls to fire him for months. Under Zuckers leadership, CNN cultivated an antagonistic relationship with former President Donald Trump and other prominent conservatives. David Zaslav, the chief executive of Discovery who will lead the new company, appointed many of his longtime lieutenants to key positions overseeing areas like cable networks, streaming, revenue . Zaslavs negotiating expertise and vision of the future of cable television helped forge his career in the broadcast industry. Zaslav spearheaded the transaction between AT&T and Discovery to combine with WarnerMedia and create the combined Warner Bros. When he joined Discovery in 2006, it was a small collection of education-oriented cable channels. Before becoming a high powered CEO, Zaslav worked in entertainment law as an attorney in a prestigious New York City law firm. There are just under 100 days until Election Day. One theory centers around AT&T's deal to sell WarnerMedia - which owns CNN - to Discovery. New programming developed under Zasav included Planet Earth, Life, Frozen Planet, and North America. 2. 20:31 GMT 04 Feb 2022 Zucker abruptly resigned this week after admitting he failed to properly disclose his relationship with another senior executive, CNN chief marketing officer Allison Gollust. Zaslav also helped DISCA expand its audience of female viewers with development of TLC programming. David Zaslav Calls Fox News 'Much More of an Advocacy Network Than a But speculation has been growing over whether Zucker was forced out at CNN over his open-secret affair not because bosses had any real issue with it, but because the scandal of it and his ongoing war with Chris Cuomo could have threatened AT&T's deal with Discovery. Cuomo's spokesman denied the claim, saying: 'These apparently anonymous allegations are not true.'. The details about his parents and siblings are not disclosed in any source. 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. He is the middle child with two brothers. Discovery on damage control after CEO slips up, says CNN 'leader in 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. So maybe Zaslav isn't offended by the transparent political bias of CNN. With the cancellation of Batgirl and Scoob sequel, as reports of lack of diversity at Discovery under his leadership, Zaslav is being depicted as a right-wing stooge.. Zaslav himself hasn't helped matters stating that CNN would feature more right-wing viewpoints planting a flag for the center but . Discovery CEO says CNN is 'leader in news to the left' 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. . By Dade Hayes. didn't, they say, have many progressive ideas. Zaslav wrote a letter to Wright about his own visions of the future of cable television and his work with Discovery and MTV. Keith Griffith For Dailymail.com Warner Bros. David Zaslav Calls Fox News 'Much More of an Advocacy - Yahoo! Discovery CEO calls CNN 'leader in news to the left'. Mutual Fund and ETF data provided by Refinitiv Lipper. Warner Bros. 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. , updated Discovery. "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. He loves honey, is kind to everyone, and has a friend who is a striped tiger named Tigger. Man you weren't kidding. Warner Bros. David Zaslav renewed his association with the Discovery Channel (DISCA) through his work with NBCs cable division. That Saturday was also the worst-rated since 1993, which pre-dated CNNs top competitors Fox News and MSNBC. 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.