Sure, Henry Luce, the iconic publisher of Time, Fortuneand Life magazines, put his thumb on the scale. He's unsentimental and quick to rotate executives if they are not performing, though his key aides have been with him for years. 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 made a similar remark during an AT&T and Discovery joint news conference in May 2021, describing the left side of the joint company as everything other than the content. Zaslavs generous compensation plan continues the trend of rich COVID era paydays for media CEOs, some of whom made a show of forgoing a salary when the pandemic hit, only to quietly return to their former levels as the crisis dragged on. [45] His daughter Ali Zaslav is a congressional producer with CNN.[53]. Overall, I think wed be better off if we just had news networks, but we dont.. Jean-Briac Perrette, president and CEO of Discovery International, earned $10.4 million total compensation, down from $14.4 million in 2019. But we dont. He's known for sporting the sleeveless fleece vests popular with financial industry executives and for bringing swag bags to meetings. LIBERTY MEDIA CHAIRMAN CHIDES CNN TO 'ACTUALLY HAVE JOURNALISTS' FOLLOWING AT&T-DISCOVERY MERGER, "None of us had anything to do with it. The development comes as the presumptive Democratic nominee has expanded his lead in the polls over President Donald Trump. But times have changed. Sign up for notifications from Insider! Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. Anna Wintour, editor of Vogue, gave $6,000. His salary remained locked at $3 million. 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. About Us; Staff; Camps; Scuba. CNN, like MSNBC, serves liberal audiences. Only 14.5% of the 412 owners, executives, board members and investors had given to individual candidates, traditional PACs or super PACs from January 2020 to August 2021, as trackedby the FEC. David Zaslav, Discovery's CEO, will lead the combined Discovery-WarnerMedia. 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. Raising the corporate tax rate is not exactly conducive to growing revenue or earnings," Eberhart said. His reputation for speed gave Discovery an edge over Comcast as a merger partner. Media tends to be a reflection of where the country is. Warner Bros Discovery (WBD) has reported financial results for the quarter and year ended December 31st 2022. Craig Newmark has donated close to $100 million to journalism schools, content moderation research, new digital media outletsand journalists, as have Reid Hoffman, co-founder of LinkedIn, and big foundations like the Knight Foundation, Heritage Foundation, Open Markets Instituteand Pierre Omidyars Democracy Fund. 2023 Deadline Hollywood, LLC. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. [12] At the age of 8, he moved to Rockland County where he graduated from Ramapo High School. According to Deadline, he even made it known that corporate procedures had to be followed to the letter in regards to Zucker., Have a tip we should know? 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. The total accounted loss was nearly $25 billion off the company's market cap. 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. [40] Some of those projects were "practically finished" or in the late stages of post-production, including Batgirl and Scoob! becoming the first announced candidate for the party. I probably shouldnt have said that.. [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]. Listen to a portion New York (CNN Business)Discovery ( DISCA) 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, despite the sudden ouster of CNN boss Jeff Zucker earlier this week. According to OpenSecrets, an independent nonprofit that tracks money in U.S. politics, as of last week, 2,276 groups organized as super PACs have reported their numbers. Got a confidential news tip? Discovery is required to publish the ratio to Zaslavs pay to those of its median employee as part of the Dodd-Frank law. It's unclear which political direction Discovery CEO David Zaslav wants to take the network in. Did you say to the left? Kernan said, before taking back the question, saying he probably shouldnt have said that.. Senator from Idaho Jim Risch, amounted to a total of $5,600. 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. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. James Murdoch, who left the family Fox News business, donated over $2.25 million. Discovery. 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. Discovery CEO David Zaslav addressed the companys controversial decision this week to cancel releases for Batgirl and Scoob! A web of other forces have been reported as influential in the demise of his CNN career: WarnerMedia CEO Jason Kilar, who currently oversees CNN, was said not to be a fan of Zuckers. David Zaslav does not give an answer when asked about Jeff Zucker's future at a combined WarnerMedia and Discovery because the deal hasn't closed yet, Ken Auletta: "What's the future of cable? AT&T Inc., agreed to merge its WarnerMedia division with Discovery Communications Inc., creating a streaming giant to compete with Walt Disney Co.'s Disney+ and Netflix. The results were surprising. 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. And maybe, those legendary parties might start again. The parties spilled onto the beach and ended with fireworks and shark-shaped cake made by the "Cake Boss.". + 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. Discovery Chief David Zaslav 2020 Pay Drops to $37.7 Million. 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. No surprise, Rupert Murdoch and his son Lachlan collectivelygave over $2.5 million, mostly to Republicans. And now, the former lawyer for Discovery founder John Hendricks is the new king of media, set to oversee $20 billion in content spend, topping Netflix's $17 billion. 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. Zaslavs comment drew a surprised response from CNBC host Joe Kernan, who wondered aloud if it was a reference to CNNs ideological bent. Philip Anschutz, owner of the Washington Examiner, gave $168,500. Discovery executives are treating Zuckersunexpected exit as a fresh startfor CNN, according to the networks own media reporter, Brian Stelter. Not long ago when he dropped by his new home he ordered some changes: Michael Smith, the celebrity designer who President Obama hired to design his private quarters at the White House, will now tackle the Evans house. If only houses could talk: This one, however, is a battered shadow of its proud Regency past, its interior walls torn apart, trucks parked on its tennis court. Quotes displayed in real-time or delayed by at least 15 minutes. Domestically, HBO Max and HBO have a combined 45.2 million subscribers. The lack of transparency in super PAC donations loomed as we scoured the FEC database. Discovery CEO David Zaslav said Friday on CNBC that he had nothing to do with Jeff Zuckers CNN exit. [3][4][5] He previously served as the Chief Executive Officer and president of Discovery, Inc. beginning on November 16, 2006 and ending on April 8, 2022, when it was merged with WarnerMedia. 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. 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. 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. Why would they go anywhere else? It raises the question: Does super PAC funding, often with a hefty and opaque line-item labeled media spend,fund some of these outlets? 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. Mediaite regrets the error. The Discovery-WarnerMedia merger is expected to close in mid-2022. In awarding Zaslav his 2020 cash bonus, the board determined the Discovery chief Most importantly, they're already global. His well-documented views were notsecret. Why? During the Evans era, the sources of corporate infighting were often esoteric. For now, a trio of CNN executives will assume Zuckers responsibilities at the network. This material may not be published, broadcast, rewritten, or redistributed. The Daily Callers OmeedMalik donated $150,000. The CEOs of some of the biggest companies in the United States have started ramping up their donations to Republican causes as concern grows about Joe Biden's plan to raise the corporate tax rate. But even if that crowd decided to arrive, it would not include the late Evans or his panache (he died in 2019). Despite the increased support from CEOs, Biden and the Democratic National Committee outraised their opponents in the second quarter. Dominic Patten / Deadline: David Zaslav Praises CNN Adding More GOP Voices; Balance Strategy Is Important, Warner Bros Discovery Boss Says. 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