David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. They are doing that, and there's still time," Eberhart said. . Where the country was when we launched MSNBC was much more fact-based and less divided.. Apart from being praised for turning Discovery into an international powerhouse, not much is known about David's private life. Cuomo's legal team ultimately told CNN investigators that it washypocritical to suggest that the host had a personal conflict of interest while Zucker had failed to disclose his own relationship with comms chief Allison Gollust - even though it was an 'open secret' at the company. CNNs political stance is a source of frequent scrutiny in the news industry. [52], Zaslav lives in New York City with his wife Pam and the couple has three children. Zaslav, however, did tip his hand as to how he views CNN's political orientation, a view that seems to align with comments made last year by Malone, who has been openly . The show was commercially successful. Within a year, DISCA went public on the NASDAQ stock market and the stock rose 300% in value and expanded internationally. For several years, Brian Stelters Sunday show on CNN, Reliable Sources, has been a reliable source of intelligent criticism of Fox News, rightwing media in general, Trumpism, and the increasingly authoritarian lurch of the Republican party. Zaslav also helped DISCA expand its audience of female viewers with development of TLC programming. Discovery. As Republicans move further rightward into the netherworld of authoritarianism, theres even less possibility that CNNs news coverage will be able to satisfy them, nor should CNN even try. [51], In 2022, he was named one of Time's 100 Most Influential People. Its required. (Malone was a chief architect in the merger of Discovery and CNN.). We've received your submission. Licht has told CNN staff they should stop referring to Donald Trumps big lie because the phrase sounds like a Democratic party talking point. Zaslav wrote a letter to Wright about his own visions of the future of cable television and his work with Discovery and MTV. In the last 48 hours Warner Bros. Discovery's CEO David Zaslav has been painted as a villain. With the cancellation of Batgirl and Scoob sequel, as reports of lack of diversity at Discovery under his leadership, Zaslav is being depicted as a right-wing stooge. Whats motivating Licht? He is chairman for Auschwitz: The Past Is Present Committee. 2023 NYP Holdings, Inc. All Rights Reserved, CNN analyst gives birth in bathroom after 13-minute sudden labor, US government-funded research tagged Americans for Twitter ban: report, Bill Maher says woke community wants to shut down debate on trans issues, New York Times, MSNBC, CNN slammed for claiming COVID lab leak theory was debunked, dialed back usingthe breaking news banner, Reliable Sources hosted by Brian Stelter, evaluating whether CNNs staffers can adjust. David Zaslav Biography (Biografia) Wiki (wikipedia), Family (Parents), instagram, Height political affiliation is available in this article. RELATED: Anonymous Batgirl Actor Allegedly "Very Offended" Over Film's Cancellation, Says Warner Bros. Did you say to the left? Kernan said, before taking back the question, saying he probably shouldnt have said that.. 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. [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. david zaslav political affiliation. Currently, DISCA is present in 200 countries and territories. So, how much is David Zaslav worth at the age of 62 years old? Thats only three politicians donated to and all are Democrats. David has made over 19 trades of the Discovery Inc stock since 2009, according to the Form 4 filled with the SEC. In 2005, he held 32% of the shares of Rupert Murdochs News Corporation. He was excited by entertainment law at Boston University, 4. Malone has said he wants CNN to be more like Fox News because, in his view, Fox News has actual journalism. Longtime Discovery chief David Zaslav, who will soon oversee CNN as part of his companys merger with WarnerMedia, called his future competitor Fox News Channel much more of an advocacy network than a news network on Wednesday. 2-min read. We have estimated David Zaslav's net worth, money, salary, income, and assets. Discovery, despite the sudden ouster of CNN . As for Hasbro, Zaslav saw the potential to reach children with educationally tied programming. 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. Power isnt exercised that directly or clumsily in large corporate media bureaucracies. Warner Bros. Zaslav decided to study law at Boston University. The CEO, whose company owns CNN, Warner Bros., HBO, Animal Planet and TLC, told reporters at Allen & Co.s summer camp for billionaires in Sun Valley, Idaho, that CNNs new approach will pay off in the long term, even as ratings sink to historic lows. Though he admitted to researching forthcoming accusers, he vehemently denied to investigators setting out to discredit them. The largest trade he's ever made was exercising 2,947,078 units of Discovery Inc stock on 16 January 2015 worth over $71,820,291. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. Under new chief Chris Licht, CNN will dial down the prime-time partisanship and double down on the network's news-gathering muscle, top sources tell me. Malone describes himself as a libertarian although he travels in rightwing Republican circles. And then we're the leader in news to the left' said Zaslav, gesturing to his left. Discovery CEO David Zaslav, who's taking over CNN. Discovery Inc. Chief Executive David Zaslav told employees that he wants CNN to focus on maximizing its impact, not profitability, and set itself . And then were the leader in news to the left, Zaslav told CNBC on Friday. I cannot resign. [42][43][44], Zaslav serves on the boards of Sirius XM, The Cable Center, Center for Communication, Grupo Televisa, Partnership for New York City, Syracuse University and USC Shoah Foundation. "It was a business . Aug 20, 2022. P. NATIONAL CABLE AND TELECOMMUNICATIONS ASSOCIATION POLITICAL ACTION COMMITTEE (NCTA PAC) ZASLAV, DAVID. This material may not be published, broadcast, rewritten, Discovery CEO David Zaslav will move to Los Angeles to run the new content giant to be created by . 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. [41] Zaslav also received backlash for the removal of many of Warner Bros' animated programs from streaming platforms and pulling some of the service's content in general, including Final Space (which was written off for taxes), Infinity Train, Summer Camp Island, Close Enough, The Not-Too-Late Show with Elmo and several hundred episodes of Sesame Street, among others, a decision Infinity Train creator Owen Dennis remarked rendered many of the programs effectively as "lost media". The leading shareholder in Warner Brothers Discovery is John Malone, a multibillionaire cable magnate. "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. Its stock rose 300% between 2007 and 2009. Who is David Zaslav? Brian Flood is a media reporter for Fox News Digital. The dealmaker. Zaslav's executive compensation package includes an annual salary of $3 million with an annual $22 million bonus. Sun Pacific Power Corp; Street Smart Outdoor The rest, as they say, is history. The pair claim their relationship turned romantic during the pandemic but others say it far predates COVID, and was common knowledge for as many as eight years. 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. Were running our business," Zaslav said. 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. [12] At the age of 8, he moved to Rockland County where he graduated from Ramapo High School. After half a year of weak ratings, CNN turned in one of its worst months yet. Those two tend to split viewers, and Fox News is regularly No. David Zaslav, 62, took over the combined company last month and has already ruffled feathers. Market data provided by Factset. Last Sunday, on his last show, Stelter said: Its not partisan to stand up for decency and democracy and dialogue. 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? Further details about the allegation were unclear. The network boss camped out in mid-July in . As of 2020, he is 60 years old and belongs to the birth sign, Capricorn. (Photo by Mike Coppola/Getty Images for WarnerMedia) (Getty Images). Of those donations, $1 million went to America First Action, a pro-Trump super PAC. This necessitates judgment and values. It also coincided with a historic low for the network on Saturday, June 18 which saw the network dip to 57,000 total demo viewers. (Photo by Amanda Edwards/Getty Images for Discovery, Inc.). Discovery CEO David Zaslav addressed the company's controversial decision this week to cancel releases for " Batgirl " and "Scoob! These dont come off as donations involving business but might be people Zaslav actually supports. He worked with Discovery as an attorney. 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. 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. 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. Malone is a supporter of Zucker's most emboldened enemy, Donald Trump. 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. With the financial stability, David Zeslav's family is likely to have prolific future ahead. Got a confidential news tip? For most of his professional life, David Zaslav, 62, . Sprecher's total was the most he's given in the past two presidential election cycles. Zasav liked the mixture of educational opportunities and a fun college experience that he saw at Binghamton. Why? Discovery Communications, Inc./President & Chief Executive Officer. Early last spring, Stelter wrote in his newsletter that Malones comments about CNN stoked fears that Discovery might stifle CNN journalists and steer away from calling out indecency and injustice. 'I do believe good journalism could have a role in this future portfolio that Discovery-TimeWarner's going to represent.'. Speaking to advertisers at the first upfronts pitch by WarnerBros Discovery since its merger, CEO David Zaslav proclaimed it as essentially the fifth U.S . We have this great entertainment menu, which should keep people in the home, from the kids to the grandparents. After his Freshman year, he transferred to Binghamton University in Binghamton, New York. Discovery in April 2022.. Zaslav's executive compensation package includes an annual salary of $3 . David Zaslav, the longtime leader of Discovery, sketched out his vision for the newly formed Warner Bros. 2023 FOX News Network, LLC. He was born in Rockland County, New York, 3. David Zaslav very well might become the poster boy for the 2016 campaign. Quotes displayed in real-time or delayed by at least 15 minutes. During that time, they travelled the country making deals and getting money to increase the channels presence. He donated $250,000 to Trump's inauguration in 2017 and has made no secret of the fact that he, like Trump and millions of others, think CNN has become too left-wing and biased. Just when you think that youve negotiated a fair price, and the paperwork for financing has, Read More 20 Things You Didnt Know about TrueCarContinue, The brain plays a vital role in almost all aspects of physiology. Under Zuckers leadership, CNN cultivated an antagonistic relationship with former President Donald Trump and other prominent conservatives. In his contract extension, Zaslav also received stock options valued at $190 million. 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.. After graduating from high school, David Zaslav went to Cornell University to play tennis. 'We have this great entertainment menu, which should keep people in the home, from the kids to the grandparents. Stelters show, which focuses on big media stories and how the press covers the news, also marked its lowest second quarter since 2019, with an average of 679,000 viewers and 111,000 average demo viewers. In the second quarter of the year, CNN primetime reeled in an average of 670,000 total viewers and 155,000 in the demo. Keep following the money. Maybe he . 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 . Structural Info. He loves to play tennis and golf but is, admittedly, not as good at golf. The System: Who Rigged It, How We Fix It. John Malone said it would be good if CNN had some journalists, that would be where Id start," CNBC anchor Joe Kernen said, paraphrasing Malones 2021 remarks. In December, a spokesman for Cuomo accused Zucker of knowing everything about his involvement in trying to help his brother while he navigated a sexual harassment scandal. We want to hear from you. Zaslav's plan is to focus on making as much money as cheaply as possible. 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 . Id lean Zaslavs politics arent right-wing based on this, hes just an out of touch suit. That Saturday was also the worst-rated since 1993, which pre-dated CNNs top competitors Fox News and MSNBC. When such a disclosure does not exist, you can assume that the items have been purchased for review. 2 min read. 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 . DISCA has brokered deals with foreign cable and broadcast companies which has helped to expand the companys international presence. David Zaslav. Graphic Policy does purchase items from these sites. David Milton Zaslav was born on January 15, 1960 in Brooklyn, New York City, U.S. happened. Joint ventures of DISCA include unions with OWN, the cable channel of Oprah Winfrey, and Hasbro. Powered and implemented by FactSet Digital Solutions. Why it matters: Ratings are secondary to credibility, in the view of Warner Bros. ', 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.'. America needs a news network where everybody can come and be heard; Republicans, Democrats, Zaslav said. In total $48,200 has been contributed to 11 entities total. January 15, 1960, Afsaneh Beschloss, NPR Board of . This site uses Akismet to reduce spam. It, finally, is now in the finalizing stage of a $43billion sale of WarnerMedia to Discovery. It was a disastrous deal that the telecoms giant has been trying to unwind for years. When Discovery CEO David Zaslav and a handful of colleagues visited AT&T's Dallas headquarters in May 2021 to finalize the megamerger that . Media tends to be a reflection of where the country is. CNNs Reliable Sources hosted by Brian Stelter notched its lowest-rated month since June 2001, bringing in 79,000 demo viewers and 585,000 average total viewers. This story has been shared 130,478 times. Biden and the Democratic National Committee outraised their opponents in the second quarter. "From my perspective, news is going to be a critical element," Zaslav said. 'I would never do oppo research on anybody alleging anything like this,' he told investigators. The Bionic Lens Could Lead to Better Than 20/20 Vision, How to Apply for a Small Business Loan in New Jersey, The Five Highest Grossing Indian Movies of All-Time, 20 Winnie The Pooh Quotes That Apply to Business, Eight Reasons to go to French Polynesias Marquesas Islands, How Lisa Rinna Achieved a Net Worth of $10 Million, 20 Cities with The Worst Weather in Europe, How Zac Stacy Achieved a Net Worth of $6 Million. ', Nevertheless, the remark went viral, prompting mirth and mockery from both the left and the right, with one Twitter user remarking: 'Bias confirmed. On Wednesday, Stelter said that sources told him that Cuomo was 'trying to burn the place down' and had claimed that he had 'incriminating evidence about Zucker and Gollust. 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. 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. virginia king demi mom. Zaslav has been prodding Licht to reposition CNN to the center, and be a network preferred by " everybody Republicans, Democrats ". [9][10][47] In 2012, he received the Steven J. Ross Humanitarian Award from the UJA-Federation of New York[48] which honors people of vision, energy and sustained achievement in the entertainment, media and communications industries. 10573. or redistributed. $200 Million. [6][7], Zaslav was born to a Polish and Ukrainian Jewish family[8][9][10][11] in Brooklyn, New York. Contribution Totals: Download all contribution records for this person from 1999 to present To a Spreadsheet or Other File Type: 2020 Transaction Count/Amount: 12/$253,250: 2018 Transaction Count/Amount: 15/$148,300: 2016 Transaction Count/Amount: AP At this writing, shares in Discovery, Inc. traded just north of $24. 04/06/2016. Cuomo has always maintained that Zucker knew the extent to which he had helped his brother while he was in office, and the network boss ignored calls to fire him for months. By Dade Hayes. By Chip and Joanna Gaines. Is reporting on it considered straight news or opinion? Internationally, DISCA has greatly expanded under Zaslavs reign. A Division of NBCUniversal. "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. One area where there is a lot of focus on developing technology to improve peoples lives, Read More The Bionic Lens Could Lead to Better Than 20/20 VisionContinue, Lockdown may be slowly lifting in some states, but in New Jersey, the shutdown is still in full force. 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. McHale took a six month maternity leave which gave Zaslav the chance to work closely with Hendricks for six months. DISCA hired Zaslav as its CEO in January 2007. He managed to triple revenues, generate 57 per cent profit . "I, and we as a company, we are a fighter for news. 2. Is it a good one? Cuomo told investigators under oath that they only had 'irregular contact'. . The reason? When you follow the money behind deeply irresponsible decisions at the power centers of America today, the road often leads to rightwing billionaires. 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? 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 . 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. David Zaslav Net Worth. Last week, CNN abruptly canceled the show and effectively fired Stelter and his staff. Journalism first. [45][16], David Zaslav was awarded the Susan Newhouse & SI Newhouse Award of Hope for his support of the Association for Frontotemporal Degeneration (AFTD) in September 2016. 11 contributions have been made in 2021 and 2022 by David Zaslav to very few. 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.. 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. So I think it's going to be around a lot longer than people think.". Billionaire Trump donor, who is the largest shareholder of the network's new owner Discovery, wants to restore it to impartiality - and INSISTED on Jeff Zucker's departure after his affair was exposed, Jeff Zucker and girlfriend Allison Gollust 'advised "pandemic hero" Andrew Cuomo on how to handle COVID' and even 'gave him talking points on how to publicly spar with Donald Trump', '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, Pavement where disabled woman gestured at cyclist before fatal crash, 'Vindication': Georgia Harrison on ex Stephen Bear's sentencing, Incredible footage of Ukrainian soldiers fighting Russians in Bakhmut, Pro-Ukrainian drone lands on Russian spy planes exposing location, 'Buster is next!' 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. Mediate recently reported that Stelter and Acosta beat out CNNs weekday primetime programming a rare feat that demonstrates just how bad things are at CNN. SIGN UP FOR OUR FREE DAILY NEWSLETTER, FIRST TAKE, Less Than Half of U.S. Discovery+ Subscribers Are Also HBO Max Customers, David Zaslav Says, Discoverys David Zaslav Wants Industry to Leave Nielsen in the Dust. 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. 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. On this Wikipedia the language links are at the top of the page across from the article title. The Cook Political Report marks six Republican-held Senate seats in Colorado, Georgia, Iowa, Maine, Montana and North Carolina as toss ups. Biden has said he wants to raise the corporate tax rate to 28% from 21%. But there appears to be more to it than Stelters style. Definitely to the left. Cuomo's spokesman denied the claim, saying: 'These apparently anonymous allegations are not true.'. This attorney also worked with the Discovery Channel and MTV which were struggling new cable stations at the time. ', 'For the long term,' Zaslav said, CNN 'is going to be a fantastic asset.'. 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. He enjoyed sports and loved to play tennis as a child. It was cancelled by Chris Licht, CNNs new chairman and CEO, who reportedly was not a fan of Stelters opinionated style. The father of three teenage children, David have been able to enjoy a blissful marriage with is lovely wife Pam Zaslav. "David Zaslav: "The future of cable is that it's declining" but says "It offers a unique proposition to advertisers. 2007 and 2009 was taken into account for this list merger . So whats motivating Zaslav? The final straw came after New York AG Letitia James' office released damning evidence where text messages proved he was more deeply involved than he'd let on. 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. Zucker and Allison Gollust had worked together for 20 years. Garrett by trade is a personal finance freelance writer and journalist. Story tips can be sent tobrian.flood@fox.comand on Twitter: @briansflood. A source told Deadlines Dominic Patten and Ted Johnson that even if Malone didnt order Stelters ouster, it sure represents his thinking. Follow the money. AT&T bought WarnerMedia (formerly Time Warner) in 2018 for $84billion. Mr. Zaslav spearheaded the transaction between AT&T's . 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. He noted that the recent run of corporate executives giving to Republicans is a sign that the campaign is fervently calling these donors. Stelter and other opinion-focused anchors have recently been on the hot seat at CNN. 'We're the leader in news to the left,' he said ahead of merger with CNN. Under the merger, WarnerMedia and Discovery will become one new media powerhouse - Warner Bros. 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. He is married to Pam and they have three children.
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