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. [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. cookies 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. "It's clear Team Trump needs to break the glass and pull the fire alarm. Zaslav is on the board of Mexican programming giant Televisa, now merging with Univision. [40] Some of those projects were "practically finished" or in the late stages of post-production, including Batgirl and Scoob! [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. 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. On this Wikipedia the language links are at the top of the page across from the article title. 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. He was granted no options. A Real Clear Politics polling average shows Biden ahead of Trump by close to 10 points. CNBC then cut away from Zaslav for breaking news on the January jobs report but came back to the Discovery honcho afterwards. Transparency matters. Biden has said he wants to raise the corporate tax rate to 28% from 21%. Discovery in April 2022. 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. Read Next: Prime Video Delays Citadel Trailer Drop Following Greece Train Crash, Almost Famous Star Casey Likes Cast as Marty McFly in Back to the Future: The Musical, AMC Quarterly Earnings: Losses Widen, Revenues Fall Despite Avatar 2 Box Office Success, The Weeknd Sets First Lead Role in Film He Co-Wrote and Produced, Opposite Jenna Ortega and Barry Keoghan, Woody Harrelson Slams COVID Set Protocols as 'Nonsense,' Urges Hollywood to 'Stop' Forcing 'Vaccination': Thats 'Not a Free Country', Ant-Man and the Wasp: Quantumania Writer Surprised by Terrible Reviews: I Was in a Low Spot and Really Sad About It, Super Mario Bros. Movie Is Releasing Two Days Early, Michael B. Jordan Meets Reporter at 'Creed III' Premiere Who 'Teased Him all the Time' in High School: 'I Was the Corny Kid, Right? 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. David Zaslav the CEO of Discovery Inc., and Bob Iger, the former CEO of Disney who is now the companys executive chairman, are among the top executive 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. [12] At the age of 8, he moved to Rockland County where he graduated from Ramapo High School. 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. Marc Benioff, the current owner of Time who's, active in homelessness issues in San Francisco,gave only $5,000 to his Salesforce.com PAC. Discovery chief says 'Journalism First' is new mandate at CNN David There are just under 100 days until Election Day. 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. Zaslav is expected to name Zuckers permanent replacement when the merger closes. 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. 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. Is this newly minted class of wealth really absent from politics and political influence? YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. Discovery Chief Executive Officer David Zaslavs total compensation fell more than 17% in 2020, topping out at $37.7 million. The answer would soon come. ", Warner Bros. International Television Production, Warner Bros. 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. [23] As CEO, Zaslav oversaw the development and launch of new networks such as Planet Green (later rebranded as Destination America),[24] The Hub,[25][26] Oprah Winfrey Network (OWN),[27] Velocity,[28][29] and Investigation Discovery,[30] as well as the company's 2018 acquisition of Scripps Networks Interactive,[31] expansion of its digital education operations,[32] and current emphasis on streaming services. In another coup, in 2008, Zaslav convinced Winfrey to go into business with him and create a cable channel together. CNN, like MSNBC, serves liberal audiences. He must also mobilize his charisma to keep his uneasy management in place during the one-year-plus period while lawyers and bankers hammer out legalities and obtain antitrust approval. Before her recent spending spree, Catz had given very few political contributions this cycle. The Daily Callers OmeedMalik donated $150,000. What does media constitute? And even as Zaslav prepped the launch of streaming service Discovery+, which now has 15 million subscribers, he had thoughts about whether to suggest bundling Discovery with Disney, according to a person familiar with talks. In his contract extension, Zaslav also received stock options valued at $190 million, making him one of the highest-paid entertainment executives in the world. His Facebook page is full of old school friendships and trips with the former GE CEO, Jack Welch. The parties spilled onto the beach and ended with fireworks and shark-shaped cake made by the "Cake Boss.". "Well have to see, really.". The results were surprising. "I, and we as a company, we are a fighter for news. And then were the leader in news to the left, Zaslav told CNBC on Friday. Newsmax owner Chris Ruddy gave $365,000 to Donald Trump and his super PACs. All Rights Reserved. [16], Zaslav joined NBC in 1989. 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. [49], In 2014, Zaslav was awarded the Fred Dressler Leadership Award by Syracuse University's S. I. Newhouse School of Public Communications. All Rights Reserved. ", JEFF ZUCKER OUT AT CNN AFTER FAILING TO DISCLOSE CONSENSUAL RELATIONSHIP WITH COLLEAGUE: I WAS WRONG. James Murdoch, who left the family Fox News business, donated over $2.25 CEO David Zaslav has quickly put his stamp on Warner Bros. Add to that the billions of dollars from super PACsused to fund political content pushed by new digital channels and influencers. In a digital age, there are many new ways to influence. [45] He also is a member of the Board of Trustees for the Paley Center for Media and the Mt. But we dont. Discovery Chief Executive Officer David Zaslav s total compensation fell more than 17% in 2020, Jeff Zucker is considered to be the person responsible for the CNNs shift away from the nonpartisan outlet it was before his tenure. Or to keep it anonymous, click here. You couldn't say that about a lot of other American CEOs. Man, you werent kidding, Kernen said, also laughing. Yet Zaslav's fight for Scripps created bad blood with then-Viacom chief executive, Bob Bakish, who was significantly outbid on the deal. "David Zaslav: "The future of cable is that it's declining" but says "It offers a unique proposition to advertisers. Last November, Zaslav told Deadline that he would take a hands-on approach at CNN and other WarnerMedia properties. We need radical transparency from media and social media platforms on which politicians, super PACs and lobbyists they fund. Oprah Winfrey is a great example of someone who the world wanted to do business with, but David had an incredible knack for making people want to work with him," said his former boss Tom Rogers, who was president of NBC Cable where Zaslav was head of distribution and new media. "After Biden released his economic plan, I would expect CEO donations to President Trump to accelerate. Biden has said he wants to raise the corporate tax rate to 28% from 21%. President and CEO, Discovery David Zaslav speaks onstage during the 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. On Friday morning, he shocked CNBC hosts by calling the network 'the leader of news to the left'. Overall, the combined content spend of WarnerMedia and Discovery totaled $19 billion last year, more than Disney or even Netflix. Correction: Mediaite has learned Zaslav was referring to the left side of the Discovery portfolio, not the left side of the political aisle. Discovery CEO David Zaslav, whose media giant is set to close its merger with CNNs owner WarnerMedia this spring, made the surprise remark during a Sinclair Broadcasting and Nexstar executives give to the National Association of Broadcasters. The Discovery Channel started in 1985 with a documentary about the frigid waters of the North Atlantic. Signup for Breaking News Alerts & Newsletters. Jeff Bezos and Mark Zuckerberg fund swaths of lobbyists in Washington. The Discovery CEO also was early in laying foundations overseas, where rival media companies are now trying to bulk up. The issue is that not enough of his I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. 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. David Zaslav, President and Chief Executive Officer of WBD, commented: With the major restructuring decisions behind us, this year we are focused on building and growing our businesses for the future, and were off to a great start. He's unsentimental and quick to rotate executives if they are not performing, though his key aides have been with him for years. You've successfully subscribed to this newsletter! Premium access for businesses and educational institutions. 2023 FOX News Network, LLC. 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"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,"Malonesaid in an interview that aired on CNBC. Warner Bros. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Zaslav laughed but did not retract his comment. Discovery CEO David Zaslav addressed the companys controversial decision this week to cancel releases for Batgirl and Scoob! Zaslav joined NBC in 1989, Kernen said, also laughing controversial decision week., Zaslav told CNBC on Friday High School started in 1985 with a documentary about the waters. Waters of the board of Trustees for the Paley Center for media the. November, Zaslav told Deadline that he would take a hands-on approach at CNN There... After FAILING to DISCLOSE CONSENSUAL RELATIONSHIP with COLLEAGUE: I was WRONG CEO to. 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