RYE BROOK, NY. Zucker and Allison Gollust had worked together for 20 years. Definitely to the left. David Zaslav the CEO of Discovery Inc., and Bob Iger, the former CEO of Disney who is now the company's executive chairman, are among the top executive Democratic donors from the second quarter. Get this delivered to your inbox, and more info about our products and services. 'I will not resign. This necessitates judgment and values. At the time, they were competing with Headline News and CNN. Zaslav decided to study law at Boston University. Discovery CEO David Zaslav said Friday on CNBC that he had nothing to do with Jeff Zuckers CNN exit. 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. He is the middle child with two brothers. After taking over the role of CEO of DISCA in 2007, Zaslav helped the company grow. The entertainment giant owns the Warner Bros. film and TV studios, HBO, CNN, TBS, the Food Network . 1. When such a disclosure does not exist, you can assume that the items have been purchased for review. It has also been reported that Gollust and Zucker were privately advising former New York Governor Andrew Cuomo through the pandemic - a huge breach of ethics. The father of three teenage children, David have been able to enjoy a blissful marriage with is lovely wife Pam Zaslav. Zaslav wrote a letter to Wright about his own visions of the future of cable television and his work with Discovery and MTV. 1. Discovery cant play any role in CNNs operations until the deal concludes. [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. Longtime Discovery chief David Zaslav, who will soon oversee CNN as part of his company's merger with WarnerMedia, called his future competitor Fox News Channel "much more of an advocacy . 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. Whoops! david zaslav political affiliation. CNBC posted a clip of the exchange on Twitter, but later deleted it. David Zaslav, or as his friends call him: Zas, throws some of the most amazing parties with the most eclectic combination of guests. 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. 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. CNN's new CEO, Chris Licht, has been attending to an audience neglected by the network for the past several years: Republican lawmakers. Zaslav on Friday described Zucker as a 'good friend' but declined to answer specific questions about his departure, saying that Discovery must maintain its distance from internal affairs at WarnerMedia until the government signs off on the merger. 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. He was born in Rockland County, New York. Later, Zaslav would teach a graduate course in cable television business as an adjunct professor at Fordham University. Its ratings have suffered somewhat lately but it was doing better than several of CNNs primetime shows. Warner Bros. ', The comments below have not been moderated, By Later in the CNBC interview, Zaslav referred to growth on the right side of the company, which he described as including WarnerMedia-owned HBO and a growing portfolio of sports rights. [22] Zaslav instigated a shift in strategy by the company, aiming to see itself as a "content company" rather than a "cable company" by bolstering its main networks (such as its namesake Discovery Channel) as multi-platform brands. Zaslav and other Discovery brass reportedly heard about the resignation just hours before it happened. What Are Brain Implants and What Are Their Future Uses? David Zaslav donated $535,750 to the Democratic Party. According to arecent Axios report, Licht isevaluating whether CNNs staffers can adjustto the new approach. August 1, 2022. Zaslav is listed as living in New York and all three are politicians from New York. [12] At the age of 8, he moved to Rockland County where he graduated from Ramapo High School. JIM RISCH FOR U.S. SENATE COMMITTEE - Republican, NCTA - THE INTERNET AND TELEVISION ASSOCIATION POLITICAL ACTION COMMITTEE (NCTA PAC), Discovery Communications Llc/Discovery Communications Llc/President And Chief Executive Officer, Discovery, Inc/Discovery, Inc/President And Ceo, Discovery, Inc./Discovery, Inc./President, Discovery Communications/Discovery Communications/President & Ceo, Discovery, Inc./Discovery, Inc./President And Chief Executive Officer, Discovery Communications/Discovery Communications/Ceo. Sun Pacific Power Corp; Street Smart Outdoor 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. Per Barr, Zaslav said he is waiting for the deal to close before discussing or simply divulging those types of plans. Most recently he exercised 903,970 units of DISCA stock worth $20,185,650 on 18 January 2022.. Unlike WarnerMedia's last CEO, new chief David Zaslav is embracing movie theaters and traditional cable . Wright envisioned broadcast network getting into cable television as cable was rapidly growing with business, news and entertainment channels. : Holiday Haunt," during the company's Q2 . Donald Trump and MAGA loyalists are calling actor and filmmaker Rob Reiner a "meathead" for his praise of President Joe Biden's administration, seemingly unaware (or potentially disregarding . It was cancelled by Chris Licht, CNNs new chairman and CEO, who reportedly was not a fan of Stelters opinionated style. [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. 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. Zaslav said he learned about Zucker's departure only hours before it was announced. Biden has said he wants to raise the corporate tax rate to 28% from 21%. But he also contributed $100,000 to the Nancy Pelosi Victory Fund, and $124,000 to the Democratic Congressional Campaign Committee. Market data provided by Factset. 2007 and 2009 was taken into account for this list merger . CNN's statement announcing Cuomo's termination cited only his 'conduct with his brother's defense' in its decision to terminate the anchor. January 15, 1960, 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. Deadline reported last night that it was Malone who insisted on Zucker's departure after learning of the affair. November 10, 2021 7:10am. With the financial stability, David Zeslav's family is likely to have prolific future ahead. Speaking to advertisers at the first upfronts pitch by WarnerBros Discovery since its merger, CEO David Zaslav proclaimed it as essentially the fifth U.S . Discovery. Zaslavs comment drew a surprised response from CNBC host Joe Kernan, who wondered aloud if it was a reference to CNNs ideological bent. While we dont know his political party identification right now, we can look up Zaslavs donations to candidates and PACs. Cuomo told investigators under oath that they only had 'irregular contact'. America needs a news network where everybody can come and be heard; Republicans, Democrats, Zaslav said. David Zaslav Political Campaign Contributions 2020 Election Cycle. 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. Discovery in April 2022.. Zaslav's executive compensation package includes an annual salary of $3 . 'I would never do oppo research on anybody alleging anything like this,' he told investigators. This reinforces why he was terminated for violating our standards and practices, as well as his lack of candor.'. And while Cuomo was placed on leave after evidence from James' office proved just how involved he was in trying to quash his allegations against his brother, he was ultimately fired days later when a lawyer contacted the network with a sexual harassment allegation stemming from his previous job at ABC. ", Warner Bros. International Television Production, 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 GOP donors off the sidelines, according to people helping raise money for GOP organizations. Sign up for free newsletters and get more CNBC delivered to your inbox. Its stock rose 300% between 2007 and 2009. They are doing that, and there's still time," Eberhart said. YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. We're running our business. He and his graduate friends would sometimes sneak into Red Sox games at Fenway Park during the seventh inning. [2] Zaslav spearheaded the transaction between AT&T and Discovery to combine with WarnerMedia and create the combined Warner Bros. 'We have this great entertainment menu, which should keep people in the home, from the kids to the grandparents. (CNBC Screenshot). Discovery in April, hired Chris Licht as head of CNN, following the ouster of Jeff Zucker earlier this year. But CNN is never going to be the network preferred by Republicans. Were not going to look at the ratings and, in the long run, its going to be worth more.. It also coincided with a historic low for the network on Saturday, June 18 which saw the network dip to 57,000 total demo viewers. Currently, DISCA is present in 200 countries and territories. David Zaslav arrives at the 2013 Allen & Company Sun Valley Conference, wearing one of his trademark sweater vests. So whats motivating Zaslav? It was a disastrous deal that the telecoms giant has been trying to unwind for years. Discovery CEO David Zaslav was confronted on Friday about the future of CNN, the liberal network he is set to oversee once a looming merger is official, but claimed the ousting of now-former CNN . Under the merger, WarnerMedia and Discovery will become one new media powerhouse - Warner Bros. "David Zaslav: "The future of cable is that it's declining" but says "It offers a unique proposition to advertisers. The final straw came after New York AG Letitia James' office released damning evidence where text messages proved he was more deeply involved than he'd let on. Sinai Medical Center. When you follow the money behind deeply irresponsible decisions at the power centers of America today, the road often leads to rightwing billionaires. people whose views might not be in the mainstream. Correction: Mediaite has learned Zaslav was referring to the left side of the Discovery portfolio, not the left side of the political aisle. 2023 FOX News Network, LLC. "Well have to see, really.". 'I understand the political pressure I understand the stakes of political warfare, and that's what this is And I understand the conformity that can be forced by cancel culture.'. In fact, Zaslavclaimed Discovery didn't have anything to do with Zucker's stunning exit, when he was bluntly asked on CNBC about the future of CNN, as well as remarks by Liberty Media chairman John Malone last year that he wanted CNN to revert to more traditional journalism. As for Hasbro, Zaslav saw the potential to reach children with educationally tied programming. He is on the board of directors of the Cato Institute. David Zaslav very well might become the poster boy for the 2016 campaign. The Discovery-WarnerMedia merger is expected to close in mid-2022. Did you say to the left? Kernan said, before taking back the question, saying he probably shouldnt have said that.. Internationally, DISCA has greatly expanded under Zaslavs reign. By Dade Hayes. The rest, as they say, is history. virginia king demi mom. Warner Bros. Mediate recently reported that Stelter and Acosta beat out CNNs weekday primetime programming a rare feat that demonstrates just how bad things are at CNN. 'Jeff is a good friend of mine. I can't speak to this issue. Discovery CEO David Zaslav made the awkward remark in interview on Friday. So maybe Zaslav isn't offended by the transparent political bias of CNN. Zaslav had a hand in the launch of MSNBC, another left-leaning network, during his time as an NBC executive. Legal Statement. He serves on the boards of the Paley Center For Media and Mount Sinai Medical Center. 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. [45] His daughter Ali Zaslav is a congressional producer with CNN.[53]. "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. AT&T bought WarnerMedia (formerly Time Warner) in 2018 for $84billion. 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. 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. According to Puck media reporter Dylan Byers, Zucker and Gollust were due to take on senior roles within the new company, under the leadership of Discovery CEO David Zaslav. Discovery, one of the world's largest and most diverse media and entertainment companies with market leadership across all programming genres, including premium scripted television and movies, non-fiction series, international, animation, global sports and news. They developed the Consumer News and Business News Channel which focused on business news by day and consumer news by night. Excited by entertainment law, Zaslav was happy to have the opportunities to work with cable television companies which were still in their infancy stage at the time. We've received your submission. Under Zuckers leadership, CNN cultivated an antagonistic relationship with former President Donald Trump and other prominent conservatives. Global Kids, Young Adults and Classics, https://en.wikipedia.org/w/index.php?title=David_Zaslav&oldid=1142395296, 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 2 March 2023, at 04:25. Market data provided by Factset. Discovery CEO calls CNN 'leader in news to the left'. David Zaslav. [46] He is chair of the Auschwitz: The Past Is Present Committee which promotes awareness of the Holocaust. Zaslav got a bit of a break when his firm sent him to work as counsel at the Discovery Channel. The popular host's downfall came when documents revealed how heexchanged dozens of text messages with his brother Andrew's top aide, Melissa DeRosa. 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. David Zaslav, 62, took over the combined company last month and has already ruffled feathers. A Real Clear Politics polling average shows Biden ahead of Trump by close to 10 points. "I think of CNN in a totally different way than I thought about it years ago. The contract, which includes stocks and stock options includes a $3 million base salary with $6 million in bonuses. [6][7], Zaslav was born to a Polish and Ukrainian Jewish family[8][9][10][11] in Brooklyn, New York. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. After working with Discovery and MTV at the law firm for a few years, Zaslav happened to read an article about Bob Wright, an executive at NBC. DISCA hired Zaslav as its CEO in January 2007. He loves to play tennis and golf but is, admittedly, not as good at golf. Don't do it. In the second quarter of the year, CNN primetime reeled in an average of 670,000 total viewers and 155,000 in the demo. Journalism first. RELATED: Anonymous Batgirl Actor Allegedly "Very Offended" Over Film's Cancellation, Says Warner Bros. The anti-democracy movement in America (as elsewhere) is among the biggest issues confronting us today. In his free time, he enjoys hobbies such as playing golf and tennis. The guest list is a mixture of executives, news anchors, politicians and celebrities. Its made up of a collection of all of the films that have been produced in the country of India. 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. Sprecher also gave at least $106,500 to the National Republican Senatorial Committee, the official campaign arm of Republicans running for Senate seats. However, in November last year after news of the impending merger was announced, Malone made it clear that he was not a fan of the direction CNN had gone in under Zucker, who took the helm in 2013. Soon after he started with the firm, he began working with the new partner who was the general counsel for Warner Brothers. [50], In 2017, Zaslav was inducted into the Cable Hall of Fame. Any amount given between Jan. 1, 2017, and Aug. 31, 2018, was taken into account for this list. So, how much is David Zaslav worth at the age of 62 years old? [52], Zaslav lives in New York City with his wife Pam and the couple has three children. He was excited by entertainment law at Boston University, 4. Of those donations, $1 million went to America First Action, a pro-Trump super PAC. He is married to Pam and they have three children. 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