Why Fox News-loving billionaire John Malone wants to remake CNN - Vox ', Keith Olbermann, the former MSNBC commentator, responded in a tweet saying: 'Well Sir, if you really mean this I have a great programming idea for you at 9 PM.'. But speculation has been growing over whether Zucker was forced out at CNN over his open-secret affair not because bosses had any real issue with it, but because the scandal of it and his ongoing war with Chris Cuomo could have threatened AT&T's deal with Discovery. Zimmerman is running to be elected, Jeffries doesnt seem to sit on any relevant committees, and its Schumer. He is chairman for Auschwitz: The Past Is Present Committee. . Zaslav has been prodding Licht to reposition CNN to the center, and be a network preferred by " everybody Republicans, Democrats ". The System: Who Rigged It, How We Fix It. David Zaslav Chases the One Metric to Rule Them All: Streaming Profits If nothing else, itll be interesting to see if the list of donations grows and who might benefit. Home; About; Subsidiaries. Under the merger, WarnerMedia and Discovery will become one new media powerhouse - Warner Bros. . [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. Jeff Zucker is considered to be the person responsible for the CNNs shift away from the nonpartisan outlet it was before his tenure. He also enjoyed the Entertainment Law course he took at Boston University. [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]. Warner Bros. David M. Zaslav was born on January 15, 1960 in Rockland County, New York. 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. [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. Raising the corporate tax rate is not exactly conducive to growing revenue or earnings," Eberhart said. He was excited by entertainment law at Boston University, 4. The total accounted loss was nearly $25 billion off the company's market cap. 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+. Discovery on damage control after CEO slips up, says CNN 'leader in Illustration by Anthony J. Foti. After graduating from high school, David Zaslav went to Cornell University to play tennis. 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 . 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. $200 Million. Discovery in April 2022.. Zaslav's executive compensation package includes an annual salary of $3 . 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. By clicking submit, you agree to share your email address with the site owner and Mailchimp to receive emails from the site owner. Per Barr, Zaslav said he is waiting for the deal to close before discussing or simply divulging those types of plans. He is the middle child with two brothers. One theory centers around AT&T's deal to sell WarnerMedia - which owns CNN - to Discovery. But he also contributed $100,000 to the Nancy Pelosi Victory Fund, and $124,000 to the Democratic Congressional Campaign Committee. Discovery chief executive David Zaslav's last name. The father of three teenage children, David have been able to enjoy a blissful marriage with is lovely wife Pam Zaslav. 20:55 GMT 04 Feb 2022. "Zas," as he is known to friends, spent the first two decades of his career at NBC, where he helped launch CNBC and MSNBC before taking the helm at Discovery in 2007. 'They were widely known to be extremely close and in regular contact, including about the details of Mr. Cuomo's support for his brother,' the spokesman told the Wall Street Journal. 10 Things You Didn't Know About David Zaslav - Money Inc Malone has said he wants CNN to be more like Fox News because, in his view, Fox News has actual journalism. Ad market worse now than during pandemic lows, David Zaslav says Brian Stelters very popular and commerically successful show was axed. 2023 FOX News Network, LLC. Warner Bros. Discovery CEO David Zaslav On Killing CNN+: 'The This necessitates judgment and values. 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. (Photo by Mike Coppola/Getty Images for WarnerMedia). . @DiscoveryPlus. Despite weak ratings for Reliable Sources, the show still outpaced CNN prime-time hosts like Anderson Cooper and Don Lemon for the quarter in terms of total viewers, Nielsen said. Biden has said he wants to raise the corporate tax rate to 28% from 21%. "Who do they want managing the economy: Trump (Mnuchin, Powell, Kudlow) or Biden (Bernie, Warren and AOC)?," Bailey said. But, according to CNN's own chief media correspondent Brian Stelter, Cuomo refused to go quietly because his $18 million exit package was on the line. When Zaslav joined Discovery in 2007, the financial crisis was looming, and Netflix was about to start streaming. Overall, I think wed be better off if we just had news networks, but we dont.. David Zaslav - $235,100 in Political Contributions for 2016 "After Biden released his economic plan, I would expect CEO donations to President Trump to accelerate. It, finally, is now in the finalizing stage of a $43billion sale of WarnerMedia to Discovery. Discovery Inc. Chief Executive David Zaslav will remove executive layers and take direct oversight of key creative and news operations upon the company's merger with AT&T Inc.'s WarnerMedia . 2 min read. David Zaslav Net Worth. Discovery, despite the sudden ouster of CNN . Zaslav had a hand in the launch of MSNBC, another left-leaning network, during his time as an NBC executive. What Are Brain Implants and What Are Their Future Uses? Is it a good one? 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. ', Nevertheless, the remark went viral, prompting mirth and mockery from both the left and the right, with one Twitter user remarking: 'Bias confirmed. David Zaslav Calls Fox News 'Much More of an Advocacy - Yahoo! Cuomo's spokesman denied the claim, saying: 'These apparently anonymous allegations are not true.'. He was born in Rockland County, New York. We don't own the company yet. Its made up of a collection of all of the films that have been produced in the country of India. Discussions centered around Andrew Cuomo stepping down prompted the governor to consider doing so in March, Cuomo said. Fans Unhappy With Recent Cancellations, Accuse Warner Bros. Discovery Keep following the money. The leading shareholder in Warner Brothers Discovery is John Malone, a multibillionaire cable magnate. Earlier this year, after former President Donald Trump left office, CNNs ratings took a 90% nosedive both overall and in the demographic coveted by advertisers in the first week of January. Same goes for Jason Kilars future, we presume. David has made over 19 trades of the Discovery Inc stock since 2009, according to the Form 4 filled with the SEC. This site contains affiliate links, which means that if you click on one of the product links and make a purchase, well receive a percentage of the sale. Discovery CEO calls CNN 'leader in news to the left' - New York Post Plotkin is a political analyst, a contributor to the BBC on American . These dont come off as donations involving business but might be people Zaslav actually supports. Discovery CEO David Zaslav spoke Tuesday at RBC's 2022 Global TIMT Conference in New York. CNBC then cut away from Zaslav for breaking news on the January jobs report but came back to the Discovery honcho afterwards. 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. Discovery cant play any role in CNNs operations until the deal concludes. Lloyd Blankfein. 'Jeff is a good friend of mine. people whose views might not be in the mainstream. Sources told Politco: 'Cuomo's legal team asserted that Zucker was hypocritical to suggest Cuomo had a personal conflict of interest when the relationship with Gollust represented a potential conflict as well,' the outlet reported. New programming developed under Zasav included Planet Earth, Life, Frozen Planet, and North America. The network boss camped out in mid-July in . David Michael Zaslav (born January 15, 1960)[1] is an American media executive who currently serves as the Chief Executive Officer and President of Warner Bros. 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. A source told Deadlines Dominic Patten and Ted Johnson that even if Malone didnt order Stelters ouster, it sure represents his thinking. David Zaslav Raises Curtain on Warner Bros. Discovery: 'This Really Is Use the unsubscribe link in those emails to opt out at any time. Scrambling to walk back the comments, Discoverys team said Zaslav often uses the phrases the left or the right to reference current and future business initiatives. The company also expanded live coverage and special programming including Discoverys Shark Week and Animal Planets Super Bowl Sunday Puppy Bowl. His mandate for Licht, a former executive producerof CBSs The Late Show with Stephen Colbert, was to get rid of the sensational, partisan, Trump-focused coverage made popular under Zucker. Discovery CEO David Zaslav Amanda Edwards/Getty Images. Quotes displayed in real-time or delayed by at least 15 minutes. Zaslav is Jewish and describes his family life as normal. Discovery Inc. Chief Executive David Zaslav told employees that he wants CNN to focus on maximizing its impact, not profitability, and set itself . Wright responded and, in 1989, NBC Universal hired Zaslav to help build NBCs cable operations as a lawyer for the cable division of NBC and the companys head of Cable Business Development. S&P 500 CEOs are some of the most influential people in the United States, especially when it comes to funding both Republicans And Democrats, that's according to Market Watch roster of top CEO's political donations to midterm election efforts. Discovery CEO David Zaslav raised the curtain on the combined Warner Bros. Who is David Zaslav? The Discovery CEO is about to lead a new streaming Deadline reported last night that it was Malone who insisted on Zucker's departure after learning of the affair. "I think of CNN in a totally different way than I thought about it years ago. What else could a person, Read More 20 Winnie The Pooh Quotes That Apply to BusinessContinue. Though he admitted to researching forthcoming accusers, he vehemently denied to investigators setting out to discredit them. ', CNN then hit back, saying: 'He has made a number of accusations that are patently false. 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. His newsletter is at robertreich.substack.com, Original reporting and incisive analysis, direct from the Guardian every morning, The show was cancelled by Chris Licht, CNNs new chairman and CEO, who reportedly was not a fan of Stelters opinionated style., or several years, Brian Stelters Sunday show on, stop referring to Donald Trumps big lie, Saving Capitalism: For the Many, Not the Few. He serves on the boards of the Paley Center For Media and Mount Sinai Medical Center. Zaslav got a bit of a break when his firm sent him to work as counsel at the Discovery Channel. We want to hear from you. Those two tend to split viewers, and Fox News is regularly No. Department. During his tenure in law school, Zaslav worked as a summer associate at 2 law firms in Los Angeles, California. Powered and implemented by FactSet Digital Solutions. 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. Did you say to the left? Kernan said, before taking back the question, saying he probably shouldnt have said that.. Before becoming a high powered CEO, Zaslav worked in entertainment law as an attorney in a prestigious New York City law firm. Its more likely that Licht knew what Zaslav wanted, and Zaslav knew what Malone wanted. Zaslav said he learned about Zucker's departure only hours before it was announced. RYE BROOK, NY. Before her recent spending spree, Catz had given very few political contributions this cycle. David Milton Zaslav was born on January 15, 1960 in Brooklyn, New York City, U.S. happened. , updated 'Because resigning is you saying that you did something wrong. Zaslav is Jewish and describes his family life as normal. Discovery CEO David Zaslav Touts CNN's Ukraine War Footing, Doesn't While there, he was excited by the entertainment law the firms practiced. On this Wikipedia the language links are at the top of the page across from the article title. ', When asked to define 'oppo research', he said: 'the idea of trying to find ways to disparage people who come forward with allegations like this is not what I'm about.'. Anyone who has purchased a car from a dealer knows how difficult and time consuming the process can be. David Zaslav - Biography Line Id lean Zaslavs politics arent right-wing based on this, hes just an out of touch suit. May 20, 2022 3:33 PM EDT. He built partnerships like video-on-demand with Comcast. Net Worth. Fox News positions itself as a conservative-leaning network, serving those on the political right. August 1, 2022. Zaslav earned a BS degree from Binghamton University. After half a year of weak ratings, CNN turned in one of its worst months yet. This material may not be published, broadcast, rewritten, His favorite television show (not on the Discovery network) is Saturday Night Live. "From my perspective, news is going to be a critical element," Zaslav said. ", Warner Bros. International Television Production, Warner Bros. 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 largest donation made to a political party by a Discovery employee was by David Zaslav. David Zaslav, president and CEO of Discovery Inc., revealed today his impending executive leadership picks as WarnerMedia and Discovery finalize the terms of their merger. Learn how your comment data is processed. Zaslav, who took the helm of Discovery and WarnerMedia after it merged to form Warner Bros. Under Licht, CNN has dialed back usingthe breaking news banner on its reports in order to shift away from opinion-based programming. So hes just an opportunistic schmuck who hopes that other savvy businesspeople will bail him out, for instance to make people understand that its not about where the content is based, its about what the content is, and how important it is.. The Cook Political Report marks six Republican-held Senate seats in Colorado, Georgia, Iowa, Maine, Montana and North Carolina as toss ups. 11 contributions have been made in 2021 and 2022 by David Zaslav to very few. But CNN is never going to be the network preferred by Republicans. An earlier version of this column misspelled Warner Bros. The CEO of Warner Brothers Discovery is David Zaslav. In the last 48 hours Warner Bros. Discoverys CEO David Zaslav has been painted as a villain. Zaslav counts among his friends, Oprah Winfrey, Lloyd Blankfein (Goldman Sachs CEO) and Colin Powel (former Secretary of State). Is reporting on it considered straight news or opinion? The changes at CNN look politically motivated. That should concern us 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. Anyone who doesnt fall in line could be ousted, according to the report. Zucker abruptly resigned this week after admitting he failed to properly disclose his relationship with another senior executive, CNN chief marketing officer Allison Gollust. The dealmaker. Zaslav is expected to name Zuckers permanent replacement when the merger closes. The highest CEO in the United States, his salary in 2015 was $156,000,000. Legal Statement. 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