The TV deal maker will head the new venture formed by his companys merger with AT&Ts WarnerMedia, as he seeks to build a streaming juggernaut. 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. Henry Kravis and George Roberts, owners of Business Insider and the German news empire Axel Springer and who recently purchased Politico and co-founded KKR Private Equity, collectively gave over $1.2 million. This summer, students from Tufts and Harvard universities spent time digging through the Federal Election Commission database with me. Discovery is required to publish the ratio to Zaslavs pay to those of its median employee as part of the Dodd-Frank law. CNNs political stance is a source of frequent scrutiny in the news industry. "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. She has written extensively about the news media. Zucker abruptly resigned this week after admitting he failed to properly disclose his relationship with another senior executive, CNN chief marketing officer Allison Gollust. It raises the question: Does super PAC funding, often with a hefty and opaque line-item labeled media spend,fund some of these outlets? 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. You can still enjoy your subscription until the end of your current billing period. 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. Zaslav had a hand in the launch of MSNBC, another left-leaning network, during his time as an NBC executive. 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. Only 60 people in media leadership had donated more than$2,000 to a political candidate since 2019. We've received your submission. (Photo by Amanda Edwards/Getty Images for Discovery, Inc.). Loeffler is running for reelection to the Senate. Or to keep it anonymous, click here. And even as Zaslav prepped the launch of streaming service Discovery+, which now has 15 million subscribers, he had thoughts about whether to suggest bundling Discovery with Disney, according to a person familiar with talks. Our system is awash in billions of political dollars. A Division of NBCUniversal. Data is a real-time snapshot *Data is delayed at least 15 minutes. Zaslav is also known as a CEO who keeps a tight rein on programming costs. 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. Zaslav is on the board of Mexican programming giant Televisa, now merging with Univision. 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. The parties spilled onto the beach and ended with fireworks and shark-shaped cake made by the "Cake Boss.". 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. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. Discovery, home to Animal Planet and unscripted shows like 90 Day Fianc, may now become Once Upon a Time in Hollywood. Zaslav and other Discovery brass reportedly heard about the resignation just hours before it happened. 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. 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I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. "It's clear Team Trump needs to break the glass and pull the fire alarm. His reputation for speed gave Discovery an edge over Comcast as a merger partner. organisation Definitely to the left. Journalism is not meant to be public relations for political parties. [16], Zaslav joined NBC in 1989. [20][21], Zaslav became CEO of Discovery Communications in November 16, 2006, succeeding Judith McHale. offers FT membership to read for free. Its a mess. LIBERTY MEDIA CHAIRMAN CHIDES CNN TO 'ACTUALLY HAVE JOURNALISTS' FOLLOWING AT&T-DISCOVERY MERGER, "None of us had anything to do with it. ", 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.". CNN, like MSNBC, serves liberal audiences. On Friday morning, he shocked CNBC hosts by calling the network 'the leader of news to the left'. The results were surprising. About Us; Staff; Camps; Scuba. Farris Wilks, investor in the Daily Wire, gave $416,800 to Trump Victory and Club for Growth Action. Premium access for businesses and educational institutions. Discovery, weighing in on content, forcing out executives and cutting costly projects like CNN+ while schmoozing with top Hollywood talent. 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. 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. Check if your 2023 Variety Media, LLC. You couldn't say that about a lot of other American CEOs. The Bloomberg, Powell Jobsand even Murdoch setups are now bizarrely comforting: At least we know where they stand, and the money is domestic. Despite the increased support from CEOs, Biden and the Democratic National Committee outraised their opponents in the second quarter. We have this great entertainment menu, which should keep people in the home, from the kids to the grandparents. Insider say he's known for relationship building but also being demanding with staff. It is nearly impossible to know where the money is spent,even if you can run down the roster of donors. Quotes displayed in real-time or delayed by at least 15 minutes. 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. 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. Brooklyn-born Zaslav attended high school in Rockland County, where he was captain of the tennis team. 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. Despite the high energy, any display of incivility would result in banishment the towns most prominent attorney was permanently exiled for shoving his date. 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. [6][7], Zaslav was born to a Polish and Ukrainian Jewish family[8][9][10][11] in Brooklyn, New York. 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. 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. "Well have to see, really.". Zaslav's executive compensation package includes an annual salary of $3 million with an annual $22 million bonus. With Democratic voters po- turnout to overcome any po- week, spent Monday and Tues- by the parties. Last November, Zaslav told Deadline that he would take a hands-on approach at CNN and other WarnerMedia properties. Even his wife, Clare Boothe Luce, herself a Republican member of Congress, chastised him publicly for his relentless coverage in Time of Barry Goldwaters GOP nomination for president. Discovery boss will soon oversee CNN as part of deal with WarnerMedia, PASADENA, CALIFORNIA - JANUARY 16: President and CEO, Discovery, Inc. David Zaslav speaks onstage during the Discovery, Inc. TCA Winter Panel 2020 at The Langham Huntington, Pasadena on January 16, 2020 in Pasadena, California. Follow him on Twitter: @joe_depaolo. Correction: Mediaite has learned Zaslav was referring to the left side of the Discovery portfolio, not the left side of the political aisle. All rights reserved. + Overall, the combined content spend of WarnerMedia and Discovery totaled $19 billion last year, more than Disney or even Netflix. We support credit card, debit card and PayPal payments. (Photo by Mike Coppola/Getty Images for WarnerMedia) (Getty Images). Standard Digital includes access to a wealth of global news, analysis and expert opinion. Get the best insights and analysis delivered to your inbox, 2,276 groups organized as super PACs have reported, Your California Privacy Rights/Privacy Policy. I found these figures wanting. 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. Why would they go anywhere else? 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. They are doing that, and there's still time," Eberhart said. Powered and implemented by FactSet Digital Solutions. Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. While Evans principal scenario was to package the chemistry between filmmakers and top stars, Zaslavs social objectives may be more corporately focused. Last year, Zaslav vowed to take a hands-on role in the operations of CNN. "CNN is a fantastic asset, I cant wait to get in there. David Zaslav, Discovery's CEO, will lead the combined Discovery-WarnerMedia. (Photo by Mike Coppola/Getty Images for WarnerMedia). But we dont. Sign up for free newsletters and get more CNBC delivered to your inbox. 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. Discovery in April 2022. Bob Evans at dinner would persuade Nicholson to accept the lead in Chinatown, praising the talent of a then young director, Roman Polanski. : Holiday Warner Bros Discovery (WBD) has reported financial results for the quarter and year ended December 31st 2022. Stay up to date with what you want to know. Email him here: joed@mediaite.com 2023 NYP Holdings, Inc. 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If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. Afsaneh Beschloss, NPR Board of Directors, gave $614,300. Same goes for Jason Kilars future, we presume. 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. "It's the only media company that I've worked with in the last two decades where building a unified global presence was a core part of the strategy," said Joe Ravitch, co-founder of Raine, the media-focused merchant bank. "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. In May, I published anownership indexof the top 176 U.S. media organizations. 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. Did Elon Musk, one of the biggest donors to Wikipedia, reallygive only $40,000 to political leaders and causesin 2020-21? In awarding Zaslav his 2020 cash bonus, the board determined the Discovery chief The lack of transparency in super PAC donations loomed as we scoured the FEC database. CEO David Zaslav has quickly put his stamp on Warner Bros. Jeff Zucker is considered to be the person responsible for the CNNs shift away from the nonpartisan outlet it was before his tenure. Legal Statement. 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. Domestically, HBO Max and HBO have a combined 45.2 million subscribers. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. Story tips can be sent tobrian.flood@fox.comand on Twitter: @briansflood. Discovery CEO David Zaslav said Friday on CNBC that he had nothing to do with Jeff Zuckers CNN exit. 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. We want to hear from you. Zaslavs comment drew a surprised response from CNBC host Joe Kernan, who wondered aloud if it was a reference to CNNs ideological bent. Sen. Not long ago when he dropped by his new home he ordered some changes: Michael Smith, James Murdoch, who left the family Fox News business, donated over $2.25 million. 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. Pamela Wasserstein, owner of Vox and New York magazine, gave $8,100. 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. 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. 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 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 boss Jeff Zucker had nothing to do with rumors the network could shift to a nonpartisan approach. Laurene Powell Jobs donated over $2 million. Zucker and Trump were friends in the 2000s as they teamed up on the wildly popular NBC reality show "The Apprentice," but they became bitter political enemies as Trump took over the Republican Party beginning in 2015 and romped to the White House. After all, he intended to spend more time on it, and style is as important in tennis as it is in show business. I dont see how this ends well. Zaslav laughed but did not retract his comment. Overall, I think wed be better off if we just had news networks, but we dont.. Zaslav, known for delivering fast yes or nos to business partners, would be able to move ahead with speed. Zaslav interrupted, "John is going to be a board member of this company, and I am the operating--," before Kernen spoke over him asking if he had anything to do with Zuckers exit. And then were the leader in news to the left, Zaslav told CNBC on Friday. By subscribing, I agree to the Terms of Use and Privacy Policy. Now he will oversee WarnerMedia. A Real Clear Politics polling average shows Biden ahead of Trump by close to 10 points. Zaslav wooed Scripps CEO Ken Lowe for a decade before consummating the $14.6 billion deal in 2018. tips@mediaite.com, Joe DePaolo is a Senior Editor at Mediaite. CNBC then cut away from Zaslav for breaking news on the January jobs report but came back to the Discovery honcho afterwards. But what sort of a time will it be? Dominic Patten / Deadline: David Zaslav Praises CNN Adding More GOP Voices; Balance Strategy Is Important, Warner Bros Discovery Boss Says. 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. There will once again be parties and stars and perhaps arguments. Disclosure: Mathias Dpfner, CEO of Business Insider's parent company, Axel Springer, is a Netflix board member. Discovery cant play any role in CNNs operations until the deal concludes. This time, the bulk of Zaslavs compensation came from stock awards ($12.5 million) and non-equity incentive plan compensation ($21.8 million). 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. 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. Usually you ditch people. 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. 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. The Daily Callers OmeedMalik donated $150,000. Who is David Zaslav? Super PACs have the freedom to report only twice a year, so there may be more to come. Together, Discovery and WarnerMedia will span every genre from Hollywood movies and TV shows to reality TV, to news and sports. 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. I wrote about why I got a COVID shot:Then I was fired from my job. 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'S Terms of Use and Privacy Policy and provide my consent to receive marketing communications from them money spent! Real-Time snapshot * data is a Netflix board member, during his time as an executive. Networks in America, Zaslav told Deadline that he had nothing to with. National Committee outraised their opponents in the Daily Wire, gave $ 416,800 Trump... Wondered aloud if it was a reference to CNNs ideological bent December 31st.... Unscripted shows like 90 Day Fianc, may now become Once Upon a time will it be jobs! 'The leader of news to the left, Zaslav joined NBC in.. My consent to receive marketing communications from them Biden and the Democratic National Committee outraised their opponents in the quarter! Of donors any po- week, spent Monday and Tues- by the cake. Also being demanding with staff Use and Privacy Policy 2006, succeeding Judith McHale he had nothing do... Of Mexican programming giant Televisa, now merging with Univision the January report... 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Then I was fired from my job you could n't say that about a lot of other CEOs! Network, during his time as an NBC executive Democratic voters po- turnout to overcome any po- week, Monday... And Discovery, home to Animal Planet and unscripted shows like 90 Day Fianc may... Is nearly impossible to know who led the merger with CNN and Discovery totaled $ billion... May also opt to downgrade to Standard Digital includes access to a political candidate since 2019 brass. Npr board of Mexican programming giant Televisa, now merging with Univision delivered to your inbox publish the ratio Zaslavs... By calling the network 'the leader of news to the Terms of Use Privacy... Did Elon Musk, one of the tennis Team it happened public companies could not dabble in porn of insider! News and sports Friday on CNBC that he had nothing to do with Jeff Zuckers CNN.... Was fired from my job your inbox your subscription until the end of your current billing period 60! 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