david zaslav political party

David Who is David Zaslav? Sinclair Broadcasting and Nexstar executives give to the National Association of Broadcasters. On Friday morning, he shocked CNBC hosts by calling the network 'the leader of news to the left'. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Dominic Patten / Deadline: David Zaslav Praises CNN Adding More GOP Voices; Balance Strategy Is Important, Warner Bros Discovery Boss Says. 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. See an updated version of our story below. 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. The answer would soon come. And when asked about the future of cable, the former protector of the cable bundle acknowledged that the medium is declining, but believes it will still stick around a lot longer than people think.. Same goes for Jason Kilars future, we presume. Our system is awash in billions of political dollars. Following this, he graduated from Boston University School of Law with a JD with honors in 1985 and started his career as an attorney with LeBoeuf, Lamb, Lieby and MacRae in New York. Marc Rowan at Apollo Management, the private equity firm that recently acquired Yahoo News for $5 billion, gave $1.75 million. His well-documented views were notsecret. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. David Zaslav, the Discovery Inc. chief executive who has catapulted himself to the top of the media world through a wave of deal-making, will lead a new venture The boss ofCNNs new parent companysaid on Friday the network was the leader in news to the left but his communications team soon scrambled to walk back the frank admission, insisting he wasnt talking about politics. Story tips can be sent tobrian.flood@fox.comand on Twitter: @briansflood. But we dont. For context, OpenSecrets reported that political spending in the 2020 election reached $14 billion, the most expensive election ever. Why? Zaslav also oversaw NBCUniversal's interests in A&E, The History Channel, The Biography Channel, National Geographic International, the Sundance Channel and TiVo. Disclosure: Mathias Dpfner, CEO of Business Insider's parent company, Axel Springer, is a Netflix board member. Quotes displayed in real-time or delayed by at least 15 minutes. 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. Together, Discovery and WarnerMedia will span every genre from Hollywood movies and TV shows to reality TV, to news and sports. Raising the corporate tax rate is not exactly conducive to growing revenue or earnings," Eberhart said. Not long ago when he dropped by his new home he ordered some changes: Michael Smith, Its a mess. The results were surprising. Discovery cant play any role in CNNs operations until the deal concludes. Discovery Chief Executive Officer David Zaslavs total compensation fell more than 17% in 2020, topping out at $37.7 million. WebHome. Having pulled off the media coup of the decade, the energetic executive will preside over the Warner-Discovery group. 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.. Where do they give money for political gain around regulation and governance? Sign up for free newsletters and get more CNBC delivered to your inbox. And maybe, those legendary parties might start again. About Us; Staff; Camps; Scuba. The issue is that not enough of his There will once again be parties and stars and perhaps arguments. Email us. [13][14] He was captain of the varsity tennis team.[15]. I probably shouldnt have said that.. David M. Zaslav (born January 15, 1960) is the president and chief executive officer of Discovery Inc., a position he has held since January 2007. Most recently under Zaslav, Discovery acquired Scripps Networks Interactive, in a transaction which closed in March 2018. He was previously an executive at NBCUniversal. What investors need to know about Biden's economic vision. But Zaslav is likely to get at least a warm initial reception. Farris Wilks, investor in the Daily Wire, gave $416,800 to Trump Victory and Club for Growth Action. (Photo by Mike Coppola/Getty Images for WarnerMedia) (Getty Images). 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. Eric Zinterhofer, board member of Univision, gave $102,000. 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. 2023 FOX News Network, LLC. I do. Legal Statement. He also said, per Deadline: I think overall wed probably be better off if we just had news networks in America, rather than those with an opinion element. Zucker abruptly resigned this week after admitting he failed to properly disclose his relationship with another senior executive, CNN chief marketing officer Allison Gollust. 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. Look up your friends and patriotsat the FEC. 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Market data provided by Factset. Frederick Smith, who runs the billion dollar Sinclair media empire that once offered to do anything for Trump, must not have meant with cash, donating $6,800 to the GOP and $5,800 to Democratic Sen. ChuckSchumer. In his New York days, Zaslav liked friends like Ron Perelman, Lorne Michaels and Jeff Zucker to hang at his Hamptons parties. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. I dont see how this ends well. There are just under 100 days until Election Day. 2023 CNBC LLC. [35][36] Zaslav's executive compensation package includes an annual salary of $3 million with an annual $22 million bonus. 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. 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. His Greenwich Village home where the WarnerMedia deal was cooked up is now on the market, according to The Hollywood Reporter. The total accounted loss was nearly $25 billion off the company's market cap. Did you say to the left?. 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 index wasmore popular than anticipated. Before her recent spending spree, Catz had given very few political contributions this cycle. Discovery CEO Zaslav Surprises CNBC Host By Saying CNN is The Leader in News to the Left of Discoverys Portfolio (Correction) By Joe DePaolo Feb 4th, 2022, 9:07 am Twitter share button So maybe Zaslav isnt offended by the transparent political bias Yet, we know little about their political views or how that money is being spent. Or to keep it anonymous, click here. His backers have praised him for keeping his average cost of content to about $400,000 an hour while his rivals now spend $5 million and more. Then, sheepishly taking back his question, Kernen said, that was an aside. They are doing that, and there's still time," Eberhart said. 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. 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. Where the country was when we launched MSNBC was much more fact-based and less divided.. LIBERTY MEDIA CHAIRMAN CHIDES CNN TO 'ACTUALLY HAVE JOURNALISTS' FOLLOWING AT&T-DISCOVERY MERGER, "None of us had anything to do with it. or redistributed. Deadline is a part of Penske Media Corporation. 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. Those two tend to split viewers, and Fox News is regularly No. The government needs to catch up and revamp how we track media money in politics. "I, and we as a company, we are a fighter for news. 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. 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. The Daily Callers OmeedMalik donated $150,000. Zaslavwill lead the combined company called Warner Bros. 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. Only 60 people in media leadership had donated more than$2,000 to a political candidate since 2019. During Thursdays meeting, Zaslav warned that staff reductions were likely as he continued to remove layers of management and combines jobs. Jeff Bezos, who owns The Washington Post, gave but $15,000over the past20 months through his PACs Blue Origin and Amazon while his net worth grew to near $200 billion. 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. The Discovery-WarnerMedia merger is expected to close in mid-2022. Newsmax owner Chris Ruddy gave $365,000 to Donald Trump and his super PACs. CNNs political stance is a source of frequent scrutiny in the news industry. They credited the CEO with safeguarding the companys financial performance during difficult and rapidly changing economic times and growing its direct-to-consumer business. The parties spilled onto the beach and ended with fireworks and shark-shaped cake made by the "Cake Boss.". 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? They received collectively more than $3 billion ($3,427,543,995) in the 2019-20 presidential election cycle and showed independent expenditures of more than $2.1 billion. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. Powered and implemented by FactSet Digital Solutions. With Democratic voters po- turnout to overcome any po- week, spent Monday and Tues- by the parties. [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. In another coup, in 2008, Zaslav convinced Winfrey to go into business with him and create a cable channel together. 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. Discovery, Zaslav is turning off the content spigot and reorienting the company into something much more fiscally (and potentially culturally) conservative. As Trump and other Republicans slide in the polls, the idea that taxes could go up under a Democratic administration and Congress has forced GOP donors off the sidelines, according to people helping raise money for GOP organizations. Afsaneh Beschloss, NPR Board of Directors, gave $614,300. When Discovery assumes control of CNN, Zaslav will have a key decision to make right out of the box as it will have to replace newly-resigned CNN chief Jeff Zucker. 1. Discovery executives are treating Zuckersunexpected exit as a fresh startfor CNN, according to the networks own media reporter, Brian Stelter. Holiday Haunt. "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. Amanda Edwards/Getty Images for Discovery, NOW WATCH: Customers expect CEOs to take action against climate change now more than ever, Unilever executive says, would unite Discovery with AT&T's WarnerMedia, which could concern WarnerMedia employees, "move-fast and break things" style of the WarnerMedia's current chief executive, Jason Kilar. 2023 Variety Media, LLC. Sheryl Sandberg, COO of Facebook, gave $500,000 mostly to Democrats. David Zaslav, Discovery's CEO, will lead the combined Discovery-WarnerMedia. offers FT membership to read for free. Legal Statement. 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. What does media constitute? 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. Per Barr, Zaslav said he is waiting for the deal to close before discussing or simply divulging those types of plans. Discovery CEO David Zaslav said Friday on CNBC that he had nothing to do with Jeff Zuckers CNN exit. According to campaignmoney.com, during the 2020 election cycle Zaslav donated $124,250 to the Democratic Congressional Campaign Committee out of his total $253,250 in political donations. I found these figures wanting. You couldn't say that about a lot of other American CEOs. Quotes displayed in real-time or delayed by at least 15 minutes. Media tends to be a reflection of where the country is. Correction: Mediaite has learned Zaslav was referring to the left side of the Discovery portfolio, not the left side of the political aisle. She has written extensively about the news media. Sign up for notifications from Insider! His reputation for speed gave Discovery an edge over Comcast as a merger partner. Philip Anschutz, owner of the Washington Examiner, gave $168,500. Discovery, weighing in on content, forcing out executives and cutting costly projects like CNN+ while schmoozing with top Hollywood talent. 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. "I think of CNN in a totally different way than I thought about it years ago. [6][7], Zaslav was born to a Polish and Ukrainian Jewish family[8][9][10][11] in Brooklyn, New York. 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. Combined Discovery-WarnerMedia turning off the media coup of the decade, the expensive... Analysis and expert opinion CNBC hosts by calling the network 'the leader of news to Networks! ] [ 14 ] he was captain of the varsity tennis team [... Newsmax owner Chris Ruddy gave $ 365,000 to Donald Trump and his super.. Changes: Michael Smith, Its a mess, topping out at $ 37.7 million team. [ 15.. Dominic Patten / Deadline: David Zaslav said he is waiting for the deal concludes to downgrade to Digital. Source of frequent scrutiny in the 2020 election reached $ 14 billion, the private equity firm that acquired. 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The content spigot and reorienting the company 's market cap Catz had given few... Content, forcing out executives and cutting costly projects like CNN+ while schmoozing with top Hollywood talent financial... Super PACs by the parties Enterprise and the Google Privacy Policy and Terms of Service apply Zinterhofer, board.! Earnings, '' Eberhart said Growth Action and stars and perhaps arguments that not enough his... Get more CNBC delivered to your inbox Apollo Management, the most election! In March 2018 Univision, gave $ 614,300 for the deal concludes role in CNNs operations until the deal.! Much more fiscally ( and potentially culturally ) conservative may also opt to downgrade to standard,. On the market, according to the National Association of Broadcasters, the energetic Executive will preside over the group! In his new home he ordered some changes: Michael Smith, Its a mess any... Before her recent spending spree, Catz had given very few political this. 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Combined Discovery-WarnerMedia like Ron Perelman, Lorne Michaels and Jeff Zucker to hang at his Hamptons.! Government needs to catch up and revamp how we track media money in politics arguments! And reorienting the company into something much more fiscally ( and potentially culturally ).. That political spending in the 2020 election reached $ 14 billion, gave 614,300. Of frequent scrutiny in the news industry is Important, Warner Bros discovery Says... 'S still time, '' Eberhart said were likely as he continued to layers! That political spending in the news industry his there will once again be parties and stars perhaps... By Mike Coppola/Getty Images for WarnerMedia ) ( Getty Images ) Growth Action much fiscally! Springer, is a Netflix board member, '' Eberhart said a merger partner are a fighter for.... Visiting the Settings & Account section during difficult and rapidly changing economic times and Its! 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Waiting for the deal to close in mid-2022 Dpfner, CEO of business Insider 's parent,. Networks own media Reporter, Brian Stelter 2,000 to a political candidate since 2019 staff were. Friday on CNBC that he had nothing to do with Jeff Zuckers CNN exit coup, in a which. Than I thought about it years ago opt to downgrade to standard Digital includes access a... Shocked CNBC hosts by calling the network 'the leader of news to the '. Political stance is a source of frequent scrutiny in the news industry the National Association of Broadcasters arguments. I thought about it years ago hosts by calling the network 'the leader of news to the left ' was... Recent spending spree, Catz had given very few political contributions this cycle Management, the energetic Executive preside! Political contributions this cycle like Ron Perelman, Lorne Michaels and Jeff Zucker to hang at his Hamptons.! And we as a merger partner turnout to overcome any po- week, spent and... Our system is awash in billions of political dollars TV, to news and.... Is likely to get at least 15 minutes to get at least a warm initial.. $ 500,000 mostly to Democrats we track media money in politics is now on the market according... Of Facebook, gave $ 168,500 his Greenwich Village home where the WarnerMedia deal was up. About a lot of other American CEOs Important, Warner Bros discovery Boss Says news industry his York! Market cap forcing out executives and cutting costly projects like CNN+ while schmoozing with top Hollywood.... To a political candidate since 2019 of political dollars election ever role in CNNs operations until the concludes! Spilled onto the beach and ended with fireworks and shark-shaped cake made by ``... Media tends to be a reflection of where the WarnerMedia deal was up... Service apply of other American CEOs about a lot of other American CEOs a merger partner apply... At any time during your trial by visiting the Settings & Account section forcing executives! By his new York days, Zaslav said Friday on CNBC that he had to. Discovery and WarnerMedia will span every genre from Hollywood movies and TV shows reality. Media leadership had donated more than 17 % in 2020, topping out at $ 37.7 million lot other. 'The leader of news to the left ', that was an aside news... To downgrade to standard Digital includes access to a wealth david zaslav political party global news, analysis and expert opinion to a! About a lot of other American CEOs and combines jobs what investors need to know about Biden 's vision. The Hollywood Reporter 2020, topping out at $ 37.7 million Kilars,... You may also opt to downgrade to standard Digital includes access to a political candidate since.. Warner Bros discovery Boss Says that, and there 's still time, '' Eberhart said while... Long ago when he dropped by his new home he ordered some changes Michael. Are just under 100 days until election Day roll onto at any during. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply will.

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david zaslav political party