Zaslav's executive compensation package includes an annual salary of $3 million with an annual $22 million bonus. 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. We have estimated David Zaslav's net worth, money, salary, income, and assets. Download Bio. Discovery CEO David Zaslav raised the curtain on the combined Warner Bros. Discovery CEO David Zaslav has vowed to take a "hands-on" approach with WarnerMedia's properties. Even straight news reporting depends on what stories are featured, which facts are highlighted and the context surrounding the news. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. Listen to article. The organization promotes awareness of the Holocaust. He also enjoyed the Entertainment Law course he took at Boston University. When he joined Discovery in 2006, it was a small collection of education-oriented cable channels. David Zaslav very well might become the poster boy for the 2016 campaign. 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. The rest of the business, meanwhile, is . Discovery CEO David Zaslav will move to Los Angeles to run the new content giant to be created by . . At a recent party, guests included television executive Len Moonves, TV personality Ryan Seacrest and New York governor Andrew Cuomo. The show was commercially successful. According to sources cited by Rolling Stone on Thursday, the pair breached journalism ethics to help Cuomo behind the scenes in the same way that his younger brother Chris did. The goal succeeded in getting DISCA into school educational programs. 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. But he was reportedly given no choice by WarnerMedia CEO Jason Kilar, who characterized the change as his decision at an emotional meeting with CNN Washington staff members on Wednesday night. [13][14] He was captain of the varsity tennis team.[15]. The CEO of Warner Brothers Discovery is David Zaslav. "Who do they want managing the economy: Trump (Mnuchin, Powell, Kudlow) or Biden (Bernie, Warren and AOC)?," Bailey said. Apart from being praised for turning Discovery into an international powerhouse, not much is known about David's private life. 2023 NYP Holdings, Inc. 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In a matter of months, the $1.7 billion global news gathering operation will be run by Discovery, whose acquisition of CNN parent WarnerMedia is expected to pass regulatory approval and close as . people whose views might not be in the mainstream. He is the middle child with two brothers. David has made over 19 trades of the Discovery Inc stock since 2009, according to the Form 4 filled with the SEC. Structural Info. While there, he was excited by the entertainment law the firms practiced. He is married to Pam and they have three children. Given six seats on the new company's board, Zaslav and Discovery appointed a roster of all white male directors. Although a diligent law student, during his 3 years in Boston, Zaslav had a good time. , updated [45] He also is a member of the Board of Trustees for the Paley Center for Media and the Mt. Chris was fired from CNN for helping Andrew through a sexual misconduct scandal and in the messy fallout from his departure, the affair between Zucker and Gollust has surfaced. When Zaslav joined Discovery in 2007, the financial crisis was looming, and Netflix was about to start streaming. One theory centers around AT&T's deal to sell WarnerMedia - which owns CNN - to Discovery. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world. '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. The leading shareholder in Warner Brothers Discovery is John Malone, a multibillionaire cable magnate. Here are 10 things you didnt know about David Zaslav. Its stock rose 300% between 2007 and 2009. The network boss camped out in mid-July in . 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. 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. . 2 min read. Its popular with the people, Read More The Five Highest Grossing Indian Movies of All-TimeContinue, Pooh is one of the most beloved childrens characters of all time. Under Zuckers leadership, CNN cultivated an antagonistic relationship with former President Donald Trump and other prominent conservatives. Although he was suspended, he was ultimately fired when a lawyer told CNN he was being investigated for sexually harassing a co-worker years earlier at a different network. David Zaslav, 62, took over the combined company last month and has already ruffled feathers. Discovery CEO David Zaslav "Is An Imbecile And His Cowardice Is Breathtaking" While a level of sadness and anger in response to a long-awaited release is standard, these particular fans took things to the next level and began blaming the loss of these animated projects to Zaslov . He built partnerships like video-on-demand with Comcast. They developed the Consumer News and Business News Channel which focused on business news by day and consumer news by night. Most of the CEOs' 13 direct reports, many of whom were recent hires, are white . CNNs new corporate overseer is Warner Brothers Discovery Inc, which now owns what used to be Time Warner, including CNN. If weve learned anything from Trump and his lapdogs at Fox News, its that facts, data and logic are no longer relevant to the Republican base. David Zaslav. Discussions centered around Andrew Cuomo stepping down prompted the governor to consider doing so in March, Cuomo said. 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. U.S. President Donald Trump gestures during a roadside stop in Bedminster, New Jersey, U.S., July 26, 2020. Got a confidential news tip? Were running our business," Zaslav said. Per Barr, Zaslav said he is waiting for the deal to close before discussing or simply divulging those types of plans. He enjoyed sports and loved to play tennis as a child. He hosts parties annually in Manhattan and in East Hampshire. Discovery CEO David Zaslav dropped his usual quota of names during the company's quarterly earnings call John Malone, Jack Welch, Oprah but one name didn't come up: Jeff Zucker.. On this Wikipedia the language links are at the top of the page across from the article title. Discovery in April 2022. 80.2 %-Republican Party. 'I will not resign. Discovery CEO David Zaslav embraces the past as he plans his company's future. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Tumblr (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Pocket (Opens in new window), Click to email a link to a friend (Opens in new window), Click to share on Telegram (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on Skype (Opens in new window), NCTA THE INTERNET & TELEVISION ASSOCIATION POLITICAL ACTION COMMITTEE (NCTAPAC) $10,000, DISCOVERY COMMUNICATIONS, LLC PAC $5,000, JOBS, EDUCATION, & FAMILIES FIRST JEFF PAC $5,000. Sadly, there are still many in America and not just billionaires like Malone who believe that holding Trump accountable for what he has done (and continues to do) to this country is a form of partisanship, and that such partisanship has no place in so-called balanced journalism. Those two tend to split viewers, and Fox News is regularly No. Under the merger, WarnerMedia and Discovery will become one new media powerhouse - Warner Bros. Market data provided by Factset. As David Zaslav prepared to take over Warner Bros. 2023 CNBC LLC. "Was there any conjecture that John Malone is behind the curtain? As of 2020, he is 60 years old and belongs to the birth sign, Capricorn. Discovery CEO David Zaslav said Friday on CNBC that he had nothing to do with Jeff Zuckers CNN exit. Legal Statement. Discovery. 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. 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. Thats only three politicians donated to and all are Democrats. Afsaneh Beschloss, NPR Board of . During his tenure with DISCA, David Zaslav has brokered important deals. RELATED: Anonymous Batgirl Actor Allegedly "Very Offended" Over Film's Cancellation, Says Warner Bros. 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. Zaslows humanitarian efforts reflect his Jewish heritage. Discovery's CEO has sparked confusion by calling CNN 'a leader in news to the left' ahead of his company's acquisition of the network, though it appears to have been awkward phrasing to describe the company's portfolio, rather than political leanings. In comparison, WarnerMedias HBO and HBO Max topped 69 million worldwide customers combined at the conclusion of Q3, according toAT&Ts third-quarter earnings results, which were released late last month. CNN, like MSNBC, serves liberal audiences. Warner Bros. 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. 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 . That cycle, which covers contributions made in 2019, shows Zaslav contributed small sums to one Republican and three Democrats. I cannot resign. Robert Reich, a former US secretary of labor, is professor of public policy at the University of California, Berkeley and the author of Saving Capitalism: For the Many, Not the Few and The Common Good. Cuomo told investigators under oath that they only had 'irregular contact'. In the interview, which was closely watched as Zaslav made his first public comments since the ouster of CNN boss Jeff Zucker, the Discovery CEO was describing the new company's portfolio of offerings. When such a disclosure does not exist, you can assume that the items have been purchased for review. Discovery projects was done in service of moving the company away from producing divisive left-wing content in favor of entertaining the average viewer. Zaslav turned it into . Journalism first. It controls balance, movement, thoughts, emotions, organ function, coordination, speech, hearing, nerves, and so much more. Zaslav is expected to name Zuckers permanent replacement when the merger closes. The titan next door. In the second quarter of the year, CNN primetime reeled in an average of 670,000 total viewers and 155,000 in the demo. During that time, they travelled the country making deals and getting money to increase the channels presence. 'I told him, 'If you have done nothing that you believe was wrong, don't resign,' Cuomo told investigators. 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. So I think it's going to be around a lot longer than people think.". 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 . YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. Powered and implemented by FactSet Digital Solutions. (2 minutes) Warner Bros. But the unearthed texts detailed Cuomo's true role in his brother's public relations crisis as he told senior members of the governor's team, 'we are making mistakes we cant afford.'. Zaslav spearheaded the transaction between AT&T and Discovery to combine with WarnerMedia and create the combined Warner Bros. or redistributed. Discovery in April 2022.. Zaslav's executive compensation package includes an annual salary of $3 . The Discovery-WarnerMedia merger is expected to close in mid-2022. [35][36] Zaslav's executive compensation package includes an annual salary of $3 million with an annual $22 million bonus. Before becoming a high powered CEO, Zaslav worked in entertainment law as an attorney in a prestigious New York City law firm. Soon after he started with the firm, he began working with the new partner who was the general counsel for Warner Brothers. For now, a trio of CNN executives will assume Zuckers responsibilities at the network. Who is David Zaslav? The CEO's CEO. Discovery is almost five months old and the stock price has plunged by half as CEO David Zaslav navigates the shifting streaming wars, new Hollywood headaches, and unrest at news . He is also the highest paid CEO in the United States. Anyone who has purchased a car from a dealer knows how difficult and time consuming the process can be. [17] As president of Cable and Domestic TV and New Media Distribution, he oversaw content distribution to all forms of TV, negotiated for cable and satellite carriage of NBCUniversal networks and forged media partnerships.[18][19]. AP. Besides, how is it possible to report on Trump or Rudy Giuliani or any number of todays Republican leaders and not speak of the big lie, or say theyve broken norms if not laws? Anyone who doesnt fall in line could be ousted, according to the report. For most of his professional life, David Zaslav, 62, . Where the country was when we launched MSNBC was much more fact-based and less divided.. I am in a different position and I am working with a different standard than these other politicians I understand why they have to say what they are saying. Robert Zimmerman, Rep. Hakeem Jeffries, and Sen. Chuck Schumer. 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.. Zucker said he was leaving for violating corporate policy by not disclosing the nature of his relationship with his second-in-command, Allison Gollust. Though he admitted to researching forthcoming accusers, he vehemently denied to investigators setting out to discredit them. The ratings are getting worse because they are taking out all the bells and whistles. Zaslav's plan is to focus on making as much money as cheaply as possible. 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 . He serves on the boards of the Paley Center For Media and Mount Sinai Medical Center. Zaslav said the advertising market was weaker than at any point during 2020's coronavirus . 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. Discovery, despite the sudden ouster of CNN . This attorney also worked with the Discovery Channel and MTV which were struggling new cable stations at the time. See Barrs tweets at the bottom of this post. 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. DISCA runs 13 cable stations in the United States including Animal Planet and TLC. He is on the board of directors of the Cato Institute. Maybe he . In the last 48 hours Warner Bros. Discoverys CEO David Zaslav has been painted as a villain. Graphic Policy believes in journalistic integrity and transparency. '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. 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. "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. After taking over the role of CEO of DISCA in 2007, Zaslav helped the company grow. Lloyd Blankfein. Did you say to the left? 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. He was born in Rockland County, New York. Unlike WarnerMedia's last CEO, new chief David Zaslav is embracing movie theaters and traditional cable . Don't do it. The guest list is a mixture of executives, news anchors, politicians and celebrities. The CEO of Warner Brothers Discovery is David Zaslav. Last November, Zaslav told Deadline that he would take a hands-on approach at CNN and other WarnerMedia properties. This reinforces why he was terminated for violating our standards and practices, as well as his lack of candor.'. Wouldnt failing to report on it in a way that sounded alarms be a gross dereliction of duty? 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. CNNs ratings are as bad as local news ratings., New management isnot freaking out but everyone else at CNN is, the source added. Stelter and other opinion-focused anchors have recently been on the hot seat at CNN. With the financial stability, David Zeslav's family is likely to have prolific future ahead. But he also contributed $100,000 to the Nancy Pelosi Victory Fund, and $124,000 to the Democratic Congressional Campaign Committee. The prime time program Steals and Deals was a hit. 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. Its ratings have suffered somewhat lately but it was doing better than several of CNNs primetime shows. DISCA has brokered deals with foreign cable and broadcast companies which has helped to expand the companys international presence. The deal is expected to close in the first half of 2022 and Malones comment left many CNN staffers with a sense of uneasiness about the networks future. Under his leadership, Discovery began trading as a public company in 2008, became a Fortune 500 company in 2014, and acquired Scripps . Discovery, kicking off the newly merged media giant's upfront presentation Wednesday morning by declaring . [12] At the age of 8, he moved to Rockland County where he graduated from Ramapo High School. Under Licht, CNN has dialed back usingthe breaking news banner on its reports in order to shift away from opinion-based programming. David Zaslav is the CEO of Discovery Communications, one of the biggest cable conglomerates in the world. Within a year, DISCA went public on the NASDAQ stock market and the stock rose 300% in value and expanded internationally. Zaslav had a hand in the launch of MSNBC, another left-leaning network, during his time as an NBC executive. According to arecent Axios report, Licht isevaluating whether CNNs staffers can adjustto the new approach. 20:55 GMT 04 Feb 2022. I do. Discovery Employee Political Affiliation. Zaslav decided to study law at Boston University. [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. His new book, The System: Who Rigged It, How We Fix It, is out now. Power isnt exercised that directly or clumsily in large corporate media bureaucracies. The company also expanded live coverage and special programming including Discoverys Shark Week and Animal Planets Super Bowl Sunday Puppy Bowl. Zaslav got a bit of a break when his firm sent him to work as counsel at the Discovery Channel. Discovery CEO David Zaslav "Is An Imbecile And His Cowardice Is Breathtaking" While a level of sadness and anger in response to a long-awaited release is standard, these particular fans took things to the next level and began blaming the loss of these animated projects to Zaslov . David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. 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. The PAC and Victory fund are also Jeffries. . Last week, CNN abruptly canceled the show and effectively fired Stelter and his staff. Home; About; Subsidiaries. Further details about the allegation were unclear. 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+. 2023 NYP Holdings, Inc. 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