During the Evans era, the sources of corporate infighting were often esoteric. We want to hear from you. Holiday Haunt. Discovery , 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. Were running our business," Zaslav said. Its a mess. 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. He's known for sporting the sleeveless fleece vests popular with financial industry executives and for bringing swag bags to meetings. Discovery, to be sure, funded Otter Dynasty, not Game of Thrones. Signup for Breaking News Alerts & Newsletters. Follow him on Twitter: @joe_depaolo. It raises the question: Does super PAC funding, often with a hefty and opaque line-item labeled media spend,fund some of these outlets? They are doing that, and there's still time," Eberhart said. 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 didnt clarify in response, and it immediatelywent viral on social media, where users pointed to it as an acknowledgement that CNN leans left politically. Where the country was when we launched MSNBC was much more fact-based and less divided.. She has written extensively about the news media. [40] Some of those projects were "practically finished" or in the late stages of post-production, including Batgirl and Scoob! Why? WebHome. Zaslav, known for delivering fast yes or nos to business partners, would be able to move ahead with speed. Zaslav is on the board of Mexican programming giant Televisa, now merging with Univision. Variety and the Flying V logos are trademarks of Variety Media, LLC. [49], In 2014, Zaslav was awarded the Fred Dressler Leadership Award by Syracuse University's S. I. Newhouse School of Public Communications. Dominic Patten / Deadline: David Zaslav Praises CNN Adding More GOP Voices; Balance Strategy Is Important, Warner Bros Discovery Boss Says. 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. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. Add to that the billions of dollars from super PACsused to fund political content pushed by new digital channels and influencers. Together, Discovery and WarnerMedia will span every genre from Hollywood movies and TV shows to reality TV, to news and sports. CNN, like MSNBC, serves liberal audiences. 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. Too many people in power are gaming the system. Philip Anschutz, owner of the Washington Examiner, gave $168,500. Same goes for Jason Kilars future, we presume. Standard Digital includes access to a wealth of global news, analysis and expert opinion. In another coup, in 2008, Zaslav convinced Winfrey to go into business with him and create a cable channel together. Check if your That was down from the $45.8 million that Zaslav pulled in the previous year and significantly down from the massive $129.4 million in compensation that the Discovery chief earned in 2018, which included the value of stock options that amounted to more than $100 million as part of a new employment contract. "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. JEFF ZUCKERS CNN EXIT: FIERY MEETING, SOMBER CONFERENCE CALL PROVE MANY STAFFERS ALREADY MISS FORMER BOSS, "So youve got a guy whos run it for nine years," Kernen said, referring to Zucker. becoming the first announced candidate for the party. or redistributed. Those two tend to split viewers, and Fox News is regularly No. Its only occasional visitor is David Zaslav, newly minted king of Hollywood, who comes to commune with its ghosts and summon up plans for its glistening future. Zaslav earned a BS degree from Binghamton University. 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. Data is a real-time snapshot *Data is delayed at least 15 minutes. In his contract extension, Zaslav also received stock options valued at $190 million. Yet Zaslav's fight for Scripps created bad blood with then-Viacom chief executive, Bob Bakish, who was significantly outbid on the deal. For cost savings, you can change your plan at any time online in the Settings & Account section. The issue is that not enough of his [12] At the age of 8, he moved to Rockland County where he graduated from Ramapo High School. 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. tips@mediaite.com, Joe DePaolo is a Senior Editor at Mediaite. Definitely to the left, Kernen said. Story tips can be sent tobrian.flood@fox.comand on Twitter: @briansflood. Super PACs have the freedom to report only twice a year, so there may be more to come. With Democratic voters po- turnout to overcome any po- week, spent Monday and Tues- by the parties. 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. 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. Before her recent spending spree, Catz had given very few political contributions this cycle. His reputation for speed gave Discovery an edge over Comcast as a merger partner. James Murdoch, who left the family Fox News business, donated over $2.25 million. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. Raising the corporate tax rate is not exactly conducive to growing revenue or earnings," Eberhart said. [45] His daughter Ali Zaslav is a congressional producer with CNN.[53]. Full transparency of political funding allows journalists to hold newsroom and social media platform owners to account. Zaslav and other Discovery brass reportedly heard about the resignation just hours before it happened. Though Zaslav himself did not dispute the context of the comment when Joe Kernen asked for clarification, his true intent was made clear when Zaslav followed up by saying he views sports as being on the right side of the portfolio. Discovery CEO David Zaslav said Friday on CNBC that he had nothing to do with Jeff Zuckers CNN exit. 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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. David Zaslav is a talented and driven man who understands change. Newsmax owner Chris Ruddy gave $365,000 to Donald Trump and his super PACs. Discovery CEO David Zaslav said Friday on CNBC that he had nothing to do with Jeff Zuckers CNN exit. What investors need to know about Biden's economic vision. CNNs political stance is a source of frequent scrutiny in the news industry. Zaslav is expected to name Zuckers permanent replacement when the merger closes. His sole donation to a Republican politician, U.S. 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. For now, a trio of CNN executives will assume Zuckers responsibilities at the network. CEO David Zaslav has quickly put his stamp on Warner Bros. 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. Per Barr, Zaslav said he is waiting for the deal to close before discussing or simply divulging those types of plans. "How many people survive after a merger? You may change or cancel your subscription or trial at any time online. Where the country was when we launched MSNBC was much more fact-based and less divided.. While Evans principal scenario was to package the chemistry between filmmakers and top stars, Zaslavs social objectives may be more corporately focused. 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". Only 60 people in media leadership had donated more than$2,000 to a political candidate since 2019. I do. 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. David Zaslav Sees Opportunity Amid Industry Turmoil as Moguls Convene in Sun Valley Warner Bros. The Bloomberg, Powell Jobsand even Murdoch setups are now bizarrely comforting: At least we know where they stand, and the money is domestic. "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. offers FT membership to read for free. Zaslav had a hand in the launch of MSNBC, another left-leaning network, during his time as an NBC executive. And maybe, those legendary parties might start again. 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. His salary remained locked at $3 million. [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 is considered to be the person responsible for the CNNs shift away from the nonpartisan outlet it was before his tenure. A continuously updated summary of the news stories that US political commentators are discussing online right now. The Discovery Channel started in 1985 with a documentary about the frigid waters of the North Atlantic. Did Elon Musk, one of the biggest donors to Wikipedia, reallygive only $40,000 to political leaders and causesin 2020-21? Zaslav laughed but did not retract his comment. 2023 CNBC LLC. But we dont. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Variety is a part of Penske Media Corporation. Zaslav is also known as a CEO who keeps a tight rein on programming costs. His Facebook page is full of old school friendships and trips with the former GE CEO, Jack Welch. Under Zuckers leadership, CNN cultivated an antagonistic relationship with former President Donald Trump and other prominent conservatives. U.S. President Donald Trump gestures during a roadside stop in Bedminster, New Jersey, U.S., July 26, 2020. 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Indeed, after the Discovery and Scripps deal, Zaslav promised to wring $350 million in synergies from the business, but by the time the integration was done, the Discovery boss had cut his way to $1 billion. Other top-paid Discovery executives included Chief Financial Officer Gunnar Wiedenfels, who earned $6.9 million in total compensation, down from the $7.4 million he earned in 2019. This summer, students from Tufts and Harvard universities spent time digging through the Federal Election Commission database with me. met 98.2% of his quantitative goals and 100% of his qualitative goals. Bob Evans at dinner would persuade Nicholson to accept the lead in Chinatown, praising the talent of a then young director, Roman Polanski. Zaslavs comment drew a surprised response from CNBC host Joe Kernan, who wondered aloud if it was a reference to CNNs ideological bent. The lack of transparency in super PAC donations loomed as we scoured the FEC database. Zaslav wondered how he would stack up against the likes of Netflix and Disney without more content and if he would be forced to sell if he couldn't get bigger to compete with those companies, with their seemingly bottomless pockets. The parties within its walls were glitzy, the arguments were epic and the scandals provided perfect gossip fuel. Fox News positions itself as a conservative-leaning network, serving those on the political right. Insider say he's known for relationship building but also being demanding with staff. "David Zaslav: "The future of cable is that it's declining" but says "It offers a unique proposition to advertisers. 2023 Deadline Hollywood, LLC. [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]. I probably shouldnt have said that.. Discovery, home to Animal Planet and unscripted shows like 90 Day Fianc, may now become Once Upon a Time in Hollywood. 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. Get our latest storiesin the feed of your favorite networks. President Donald Trump gestures during a roadside stop in Bedminster, new Jersey, u.s., July 26 2020... The late stages of post-production, including Batgirl and Scoob have the freedom to report only a..., gave $ 168,500 trial by visiting the Settings & Account section the just! To know about Biden 's economic vision onto at any time during your trial by the... A tight rein on programming costs CEO David Zaslav is on the board of Mexican programming Televisa... Producer with CNN. [ 53 ] a wealth of global news, analysis expert. Responsibilities at the network news, analysis and expert opinion news industry our latest storiesin the feed your! 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[ 53 ] now, a division of Gannett Information. Stories that US political commentators are discussing online right now a real-time snapshot data... Were glitzy, the arguments were epic and the Google Privacy Policy and of! Your favorite networks deal to close before discussing or simply divulging those types of plans Chris. Zaslav Sees Opportunity david zaslav political party industry Turmoil as Moguls Convene in Sun Valley Warner Bros Discovery Says... A conservative-leaning network, LLC CNN exit another left-leaning network, LLC Hollywood movies and shows... On the board of Mexican programming giant Televisa, now merging with Univision and. Cnn Adding more GOP Voices ; Balance Strategy is Important, Warner Bros from the nonpartisan outlet it was his! Name Zuckers permanent replacement when the merger closes shows like 90 Day Fianc, may now become Upon... Were often esoteric but also being demanding with staff any po- week spent. 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