Discovery merger, CEO David Zaslav faces massive challenges as he tries to pump out cash to pay down debt while slashing billions in costs. Is David Zaslav Single, Married or Divorced? It raises the question: Does super PAC funding, often with a hefty and opaque line-item labeled media spend,fund some of these outlets? So far they've navigated a controversial entrance, having axed Patty Jenkins' "Wonder Woman 3" as they reconfigure the DC slate for the next few years. Within a year, DISCA went public on the NASDAQ stock market and the stock rose 300% in value and expanded internationally. Discovery CEO David Zaslav said Friday on CNBC that he had nothing to do with Jeff Zuckers CNN exit. The names of the super PACs (Win Red, Dirt Road, Fair Fight, Follow the North Star, Security is Strength) are almost comical, even if the totals are gobsmacking. Silberwasser was hired last year to oversee WBD's vast array of sports rights and sports-focused properties. He is the president and chief executive officer of Discovery Inc., a position he has held since November 16, 2006. mr. zaslav As a result, the married couple is blessed with two sons: Jordan Zaslav and Jamie Zaslav and a daughter named Pam Eisinger. It's a job made all the harder with the threat of a recession, inflation, declining ad market, and an increasingly competitive streaming arena. Bank of America Merrill Lynch also favors Zaslav's chances of having a winning 2023. After a rough year in both the ad market and on Wall Street, Campbell will have to make sure that revenue streams are on track and that WBD has the right strategies for the ever-changing media moment. He has previous Warner ties, having served as VP of ad sales for Turner Broadcasting's TBS and TNT networks in the '90s. This boyish-looking late night comedy executive, who helped win Stephen Colbert's CBS show first place in the ratings, had little to no digital experience but somehow in 2022 found himself in charge of CNN amid a high stakes news cycle with the onset of the war in Ukraine. Theyve been around making good products since 1880, though they didnt, Read More 10 Things You Didnt Know about Ball Corporation CEO John HayesContinue, Treeswift is a forest-monitoring tech company with a difference. Discovery in his first global town hall with the new company's employees on Thursday.. LIBERTY MEDIA CHAIRMAN CHIDES CNN TO 'ACTUALLY HAVE JOURNALISTS' FOLLOWING AT&T-DISCOVERY MERGER, "None of us had anything to do with it. He began his career as a finance guy, he's a former CFO of NBCUniversal's cable operations, and got his start at GE Capital. AP. Zaslav was speaking at the Paley International Council Summit when he . Since the merger early last year, shareholders have been on the losing end of the bet, though the hope is that conditions will improve and as Wiedenfels said this month at a Citi investor conference 2023 is a rebuilding year. The next big player in the streaming wars now has a name: Warner Bros. David Zaslav, the Discovery CEO who will lead the new combined venture if cleared by regulators, announced the name to . What happens to CNN's streaming presence is something in the distant future for now. He is a true transatlantic executive, with American and French lineage. Since their marriage, they have enjoyed delighted and a joyful life. YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. Physical Appearance; Height, Weight & Social Media of David Zaslav, View more / View less Facts of David Zaslav. Lloyd Blankfein. Wiedenfels is a married father of four and an amateur boxer who flies planes and keeps bees, according to people close to him, who added that he has a good sense of humor. Campbell, who's married with five daughters, will no doubt be looking ahead to dream up the next big deal. At MGM, the pair was credited with notable big-budget projects such as Paul Thomas Anderson's Oscar-nominated "Licorice Pizza," Ridley Scott's "House of Gucci," and Channing Tatum's sleeper hit "Dog." Unlike WarnerMedia's last CEO, new chief David Zaslav is embracing movie theaters and traditional cable . The CEO's CEO. It's been a rough year to be Chris Licht. Yet Zaslav's biggest accomplishment was pulling off this week's $43bn deal with his golf buddy John Stankey, the AT&T chief executive who three years earlier had paid $85bn for it. The details about his parents and siblings are not disclosed in any source. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. Its been 33 years they have been together and there is no rumor of their separation or other affairs. At Robert F. Kennedy Human Rights we look to teach change through human rights advocacy for social justice. He is chairman for Auschwitz: The Past Is Present Committee. Executive features editor at The CEOWORLD magazine and lover of reality TV. Senator from Idaho Jim Risch, amounted to a total of $5,600. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. Market data provided by Factset. Sure, Henry Luce, the iconic publisher of Time, Fortuneand Life magazines, put his thumb on the scale. You've successfully subscribed to this newsletter! He's a veteran of the Discovery side, where he led ad sales since 2018, when he joined the cable giant through its acquisition of Scripps Networks. David Zaslav, or as his friends call him: Zas, throws some of the most amazing parties with the most eclectic combination of guests. Discovery boss will soon oversee CNN as part of deal with WarnerMedia, PASADENA, CALIFORNIA - JANUARY 16: President and CEO, Discovery, Inc. David Zaslav speaks onstage during the Discovery, Inc. TCA Winter Panel 2020 at The Langham Huntington, Pasadena on January 16, 2020 in Pasadena, California. So, how much is David Zaslav worth at the age of 62 years old? He's in charge of advertising, distribution, content licensing, and global corporate development. 04/06/2016. Malone, who sits on the Discovery Communications Inc., board of directors, said in November he wanted to see CNNrevert to nonpartisan journalism following thecompletion of a mergerthat would put it under the Discovery umbrella. www.29broadway.com sejcbbat david-zaslav-political-affiliation. Zaslav spearheaded the transaction between AT&T and Discovery to combine with WarnerMedia and create the combined Warner Bros. The government needs to catch up and revamp how we track media money in politics. Perrette joined Discovery as its chief digital officer in 2011, but Zaslav broadened his portfolio over the years, consistently giving him more responsibility Perrette's remit now includes streaming and everything outside the US. @DiscoveryPlus. Warner Bros. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. RELATED: Anonymous Batgirl Actor Allegedly "Very Offended" Over Film's Cancellation, Says Warner Bros. david zaslav political affiliation. While AT&T executives mostly . Physical Appearance; Height, Weight & Social Media of David Zaslav Under Licht, CNN has dialed back usingthe breaking news banner on its reports in order to shift away from opinion-based programming. And clarity, I think it's really hard to lead your teams in the right direction by evading or sugar-coating to keep people's feelings in check. 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. Similarly, he became the CEO of Discovery in January 2007 and began trading as a public company on the Nasdaq stock exchange. They want to fix the shows first, but they dont realize the shows and ratings are connected.. Discovery. For context, OpenSecrets reported that political spending in the 2020 election reached $14 billion, the most expensive election ever. After his Freshman year, he transferred to Binghamton University in Binghamton, New York. This amiable executive, who speaks to Zaslav non-stop throughout the day and night, is his boss' eyes and ears, making sure that Zaslav is on top of any relationship issues and is as plugged into the gossip as anyone, while also keeping a watchful eye on data analytics, corporate communications, real estate, security, and research. Heidi Legg is the lead research fellow at the Future of Media Project at the Institute for Quantitative Social Science at Harvard University. 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. 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. Austria-born Zeiler is one of only a handful of executives who survived the WarnerMedia merger with Discovery. Discovery will generate more than $3 billion in free cash flow this year, about $4 billion next year and close to $6 billion in free cash flow in 2024, according to company forecasts . For . 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 network than a news network" on Wednesday. Zaslav decided to study law at Boston University. The legacy Warner Bros. programs were historically housed under the TV studio but will now be homed in the DEI division. Something we can likely all agree on is that trust in media is at an all-time low and Americans want reliable, nonpartisan news. Most recently, Discovery entered into an . Zasav liked the mixture of educational opportunities and a fun college experience that he saw at Binghamton. The public reason given was that Zucker didn't disclose a sexual relationship with CNN executive Allison Gollust, which immediately raised eyebrows as their relationship was widely known. During that time, they travelled the country making deals and getting money to increase the channels presence. According to the sources, David Zaslav has an estimated net worth of $200 million as of the year 2020. "We want to be a top three media player," Zeiler told a UK audience at the RTS event. David Zaslav Salary he receives an annual salary of $150 million for his service. I do. Discovery execs he's worked with closely for years, 14% of the staff, or 70 people, getting the ax, base salary bump to $2.5 million per year. 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. In total, 338 CEOs contributed more than $24 million to midterm election efforts. David Zaslav. At this writing, shares in Discovery, Inc. traded just north of $24. "We all put a ton of money and spotlights against new brand campaigns and new content, which serve their purpose for bringing people into the fold," he said. Internationally, DISCA has greatly expanded under Zaslavs reign. But the left-leaning networks ratings slide began well before new management took over. As the company dramatically slashed what it viewed as the spending excesses of the WarnerMedia years, Campbell in July got a base salary bump to $2.5 million per year when he signed a new contract that will keep him with the company until June 2025. He negotiated deals with Comcast, Time Warner and Direct TV. Judith McHale was the attorney working with Discoverys John Hendricks to raise money to get the cable channel growing. David Zaslav's Hollywood Doctrine: "Make Sure We Get Paid" The Warner Bros. Additionally, he receives an annual salary of $150 million for his service. Warner Bros. Zaslav wrote a letter to Wright about his own visions of the future of cable television and his work with Discovery and MTV. Any amount given between Jan. 1, 2017, and Aug. 31, 2018, was taken into account for this list. Carrot Top disputes claims of plastic surgery and claims that workouts are to blame for the before and after changes. The duo will also be working with another duo, DC heads James Gunn and Peter Safran, to make the most out of WBD's comics IP on the big screen. Even when you receive financial backing from your parents or university, One of the biggest worries of an international student is the tuition fees. Can you guess which top CEOs donated more to Democrats than Republicans? The titan next door. We've received your submission. Talking about his education, he attended Binghamton University and received a bachelors degree in science. Jeff Bezos and Mark Zuckerberg fund swaths of lobbyists in Washington. Were running our business," Zaslav said. The Discovery-WarnerMedia merger is expected to close in mid-2022. Have you ever wondered how rich David Zaslav is? No surprise, Rupert Murdoch and his son Lachlan collectivelygave over $2.5 million, mostly to Republicans. Aug 20. The problem is we are not a neutral country, the source said. His older brother graduated from Binghamton and went on to Medical School. This site uses Akismet to reduce spam. So far, she has mandated that WBD staffers have to return to the office three days a week. That Saturday was also the worst-rated since 1993, which pre-dated CNNs top competitors Fox News and MSNBC. Same goes for Jason Kilars future, we presume. She has navigated such an integration before, when Discovery bought HGTV and Food Network parent Scripps Networks Interactive in 2018. 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. Zaslav vowed last year to take a "hands-on" role in the operations of CNN and it looks like he will have his hands full. WBD's international operations are perhaps more fully built out than any of its competitors', and Zeiler, a former CEO of Germany's formidable RTL Group, is the company's international command and control center. His sole donation to a Republican politician, U.S. Newsmax owner Chris Ruddy gave $365,000 to Donald Trump and his super PACs. I think Chris is doing a great job pivoting CNN, Zaslav told Variety. Cole Cook Biography||. See how you can help. Education and Empathy. Our system is awash in billions of political dollars. Mutual Fund and ETF data provided by Refinitiv Lipper. "I, and we as a company, we are a fighter for news. Pretty much everyone is familiar with the Ball logo on glass jars. What is David Zaslavs Net Worth and Salary in 2020? The company also has to figure out how to present all of WBD's content in one app without putting off HBO loyalists. Warner Bros. Discovery CEO David Zaslav, on a recent visit to Washington, D.C. to screen the first part at Atlantic Live, said that the project was originally conceived with executive producer Steven Spielberg . david zaslav political affiliation - 29 BROADWAY. "Jeff is a good friend of mine, I cant speak to this issue, we dont own the company yet," Zaslav said. The report did not mention whether any specific CNN anchors were under particular scrutiny, but it did note that Stelter and Jim Acosta were among the personalities whose left-leaning viewpoints have drawn the ire of conservatives. Germany-born Wiedenfels is more often than not the face of the company at investor conferences and has taken the brunt of the criticism over WBD's deep job cuts and its numbers-first, relationships-second decision-making. Joint ventures of DISCA include unions with OWN, the cable channel of Oprah Winfrey, and Hasbro. DISCA has brokered deals with foreign cable and broadcast companies which has helped to expand the companys international presence. This former CBS News producer and Discovery exec is already making her mark at WBD, overseeing US channels including Turner networks TBS and TNT alongside Discovery's reality-packed channels Food Network and HGTV. Almost a year into the Warner Bros. It was counting on advertising to drive some $11 billion in revenue, but knowledgeable sources told Insider that WBD overplayed its hand at the 2022 TV upfronts. Afsaneh Beschloss, NPR Board of Directors, gave $614,300. But one well-placed source told The Post that the ratings have taken a hit due in part to removing such sensational and delicious details that have become commonplace in cable news. After joining Discovery in 2000, Leavy was named chief communications officer and then took on his current role a year later. McHale took a six month maternity leave which gave Zaslav the chance to work closely with Hendricks for six months. Discovery, he's less and less inclined "to really collapse the entire motion picture business on streaming." Zaslav's remarks came Tuesday morning during Discovery's Q1 earnings call with Wall Street analysts. But here is where it fell short. David Zaslav. I eat cereal for breakfast, lunch and dinner. Alpert Romm is carrying over the duties she held at Discovery before the merger. Its stock rose 300% between 2007 and 2009. Zaslav [] Similarly, David holds 2355 followers on Instagram and 389 followers on Twitter. In the US alone, the company has long-term broadcast rights to the National Basketball Association, Major League Baseball, National Hockey League, and NCAA Basketball. "It was a business . Here are the Top 5 Tuition Free Universities in the World, ISHCMC American Academy: A School With a Difference, Want to explore AI? Sadiq will also face the challenge of overseeing the company's famed writers and directors workshops, revered industry training programs that were initially scrapped and then revived following public outcry. Even his wife, Clare Boothe Luce, herself a Republican member of Congress, chastised him publicly for his relentless coverage in Time of Barry Goldwaters GOP nomination for president. Anyone who doesnt fall in line could be ousted, according to the report. Before becoming a high powered CEO, Zaslav worked in entertainment law as an attorney in a prestigious New York City law firm. Robert F. Kennedy Human Rights Ripple of Hope Award in 2018. I dont see how this ends well. David Zaslav, who led the merger with CNN and Discovery, donated over $240,000. Zaslav also helped DISCA expand its audience of female viewers with development of TLC programming. Yet, we know little about their political views or how that money is being spent. One of his favorite books is Binions World Series of Poker by James McManus. Prior to joining WBD, he was an executive at TelevisaUnivision Inc., the Spanish-language media giant formed in 2022 from the union of Univision and Televisa. While the Financial Times reported the company is considering selling its music library, it also just signed a huge long-term deal for rights to the Olympics in Europe, and some on Wall Street are squarely in his corner. Warner Bros. David Michael Zaslav (born January 15, 1960) is an American media executive who currently serves as the Chief Executive Officer and President of Warner Bros. He was born in Rockland County, New York, 3. This Princeton and Harvard Law alum is also considered a potential successor to Zaslav, according to multiple industry executives. This attorney also worked with the Discovery Channel and MTV which were struggling new cable stations at the time. The results were surprising. Here are 10 things you didnt know about David Zaslav. Look up your friends and patriotsat the FEC. He's also done stints in the music business at MTV and SiriusXM and now reports to David Leavy, WBD's chief corporate affairs officer. Leavy isn't afraid to disagree with the boss either. She joined Discovery in 2018 with the acquisition of Scripps Networks Interactive and was responsible for launching long-running series such as "Fixer Upper" and "Flip or Flop" as well as "The Property Brothers. Zaslav said he learned about Zucker's departure only hours before it was announced. Barr also said Zaslav did not give an answer when asked about current CNN boss Jeff Zuckers future at the soon-to-be combined company. Legal Statement. Primarily, people will be familiar with Hertz Global Holdings because it is the owner of the Hertz Corporation, which is one of the best-known car, Read More 10 Things You Didnt Know about Hertz CEO Kathryn V. MarinelloContinue. "Stories have the power to educate, change people's world view, and inspire empathy," says David Zaslav, a member of USC Shoah Foundation's Executive Committee and the president and CEO of Discovery Communications. She joined Discovery in 2011 as SVP of Litigation and Intellectual Property before becoming EVP, managing its legal staff and helping it navigate its launch of Discovery+. Zaslav was excited by the idea. Journalism is not meant to be public relations for political parties. The most significant donation record of any media owner was Michael Bloomberg, who donated $140 million during his run for president. Ralph Lynch says: July 6, 2022 at 1:59 pm. At a Credit Suisse conference post-merger, Steinlauf talked about the opportunity to do more with advertisers across its content and platforms. By Jessica Lerner on Nov. 15, 2022 - 1:50 PM. He built partnerships like video-on-demand with Comcast. $5,000. Two of the newest WBD executives, "Guardians of the Galaxy" filmmaker James Gunn and "Aquaman" producer Peter Safran, were named co-chairmen and joint CEOs of DC Studios last fall, making them responsible for the future of iconic characters including Superman, Batman, Wonder Woman, and Aquaman across TV, film and animation. david zaslav political affiliation. HBO and HBO Max were not totally immune to cuts however, with 14% of the staff, or 70 people, getting the ax late last summer. A True Highlight Of My Thursday Nights , Absolutely Can *Not* Wait Until Next Thursday , August Twenty Fifth At Eight Post Meridiem Time In The Eastern Time Zone To Watch Another Episode Of Battle Bots On. In comparison, WarnerMedias HBO and HBO Max topped 69 million worldwide customers combined at the conclusion of Q3, according toAT&Ts third-quarter earnings results, which were released late last month. Licht drew criticism on two counts he located his office away from the newsroom and had denied layoffs were on the cards. I went to McDonalds drive-thru for lunch but left with bags of cash instead, Plane bound for Puerto Rico hits another aircraft at JFK, days after near-collision, Ex-'SNL' star talks MLK Jr. 'penis' statue in 'Daily Show' debut: 'Can't unsee it', Tory Lanezs former lawyer clarifies he was not fired, speaks on trial loss, White Lotus stars take Milan Fashion Week by storm, Nicole Williams gives birth, welcomes first baby with husband Larry English, The Fabelmans Flops on Jeopardy After All 3 Contestants Fail to Name Spielbergs Film, Wife of 'Boy Meets World' star William Daniels details 'painful' 'open marriage'. The company did not break out Discovery+ numbers specifically, so this tally includes its other, much smaller SVOD platforms, but the majority of that 20 million figure is made up of Discovery+ numbers, per Discovery. Mutual Fund and ETF data provided by Refinitiv Lipper. Zaslav then declared his company is "the leader of news in Poland" and noted that Trump and Biden administrations have both helped Polish news channelTVN24 stay afloat despite the Polish government trying to shut them down. Only 60 people in media leadership had donated more than$2,000 to a political candidate since 2019. 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. Too many people in power are gaming the system. Zaslav helped NBCs cable division expand and grow. David M. Zaslav is an American business executive born on 15 January 1960, and is best known as the president and chief executive officer (CEO) of Discovery Communications, and from his former position as an executive at NBC Universal. Said to rarely lose his cool even while under intense pressure (much like his direct report, communications head Nathaniel Brown), Leavy was formerly the Deputy White House Secretary for Foreign Affairs in the Clinton Administration and worked on communications involving NATO action in Kosovo. 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. RYE BROOK, NY. With his law degree, Zaslav took a position at the prestigious New York City firm of LeBouf, Lamb, Lieby & MacRae in 1985. Zaslav has led Discovery since 2007, executing a number of initiatives that have focused the organization on growth, operational efficiency and its pivot to direct-to-consumer. Meanwhile, Licht has been attempting to remake the network with a fresher, more modern feel, launching a new morning show and reaching out to HBO talent about more collaboration between the two. Market data provided by Factset. 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