Last week,Discovery reportedit had reached 20 million paying streaming subscribers worldwide by the end of September. He was born in Rockland County, New York, 3. The President and Chief Executive Officer of Discovery Inc., David Zaslav stands at the height of 5 feet 4 inches i.e. Discovery, some in the building noticed the contrasting vibe that Zaslav's team brought to the table. Bank of America Merrill Lynch also favors Zaslav's chances of having a winning 2023. Zaslav is the boss of the whole Discovery television enterprise-comprising Discovery, TLC, Animal Planet, Science, OWN, Investigation Discovery (ID) and a host of international channels,. Journalism is not meant to be public relations for political parties. As the creative exec who is perhaps the most name-checked and thanked on stage at the Emmys, Bloys is the guardian and shepherd of WBD's crown jewel: HBO. "We were aware there would be a period of turbulence when we took this gig, & we knew we would sometimes have to make difficult & not-so-obvious choices, especially in the wake of the fractious nature of what came before us," Gunn wrote on Twitter in December. Warner Bros. 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. In May 2021, it was announced that Zaslav would serve as CEO of Discovery's proposed merger with AT&T's spin-out of WarnerMedia. 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 site uses Akismet to reduce spam. At a recent party, guests included television executive Len Moonves, TV personality Ryan Seacrest and New York governor Andrew Cuomo. What happens to CNN's streaming presence is something in the distant future for now. Discovery CEO David Zaslav embraces the past as he plans his company's future. The index wasmore popular than anticipated. By Jessica Lerner on Nov. 15, 2022 - 1:50 PM. Zaslav helped NBCs cable division expand and grow. 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. RobertIger, executive chairman of the Walt Disney Co. and who once ran ABC, gave over $1 million. "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. 2-min read. $5,000. Sinclair Broadcasting and Nexstar executives give to the National Association of Broadcasters. David Zaslav. P. NATIONAL CABLE AND TELECOMMUNICATIONS ASSOCIATION POLITICAL ACTION COMMITTEE (NCTA PAC) ZASLAV, DAVID. The goal succeeded in getting DISCA into school educational programs. 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. Sims, who's married with three children, is one of the highest-ranking female executives at WBD. 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. Zaslav has publicly defended Licht's strategy even as CNN ratings decline amid the transition. Reality TV head Mike Darnell, animation chief Sam Register, and scripted president Brett Paul all roll up to Dungey. In a digital age, there are many new ways to influence. After taking over the role of CEO of DISCA in 2007, Zaslav helped the company grow. Fred Dressler Leadership Award is given by Syracuse Unversitys S.I. That Saturday was also the worst-rated since 1993, which pre-dated CNNs top competitors Fox News and MSNBC. I think Chris is doing a great job pivoting CNN, Zaslav told Variety. I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. With domestic partners, the process is much the same. Zasav liked the mixture of educational opportunities and a fun college experience that he saw at Binghamton. Warner Bros. Steinlauf, who reports to Chief Revenue and Strategy Officer Bruce Campbell, leads all US ad sales efforts for WBD. "But then shame on us if we don't do the right job getting them exposed to everything else that's on the platform because then there's no need for a subscription service. Executive features editor at The CEOWORLD magazine and lover of reality TV. Our country needs two (at least) political parties. We need radical transparency from media and social media platforms on which politicians, super PACs and lobbyists they fund. With his law degree, Zaslav took a position at the prestigious New York City firm of LeBouf, Lamb, Lieby & MacRae in 1985. It's a disservice to the team.". 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. Mini Bio (1) As President and CEO, David Zaslav sets the strategy and oversees all operations for Discovery's global suite of brands across pay-TV, free-to-air, direct-to-consumer and other digital platforms. CNN, like MSNBC, serves liberal audiences. David Zaslav has a net worth of $200 million. 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. McHale took a six month maternity leave which gave Zaslav the chance to work closely with Hendricks for six months. Its a mess. The company also expanded live coverage and special programming including Discoverys Shark Week and Animal Planets Super Bowl Sunday Puppy Bowl. Were not going to look at the ratings and, in the long run, its going to be worth more.. David Zaslav's Rocky Ride as Hollywood's Newest Czar In the chaotic aftermath of a $40 billion merger, Warner Bros. Discovery's new leader slashed hundreds of jobs and canceled anticipated. At Discovery, she developed two internship programs to help law students from diverse backgrounds and was an advisor to Discovery's Women's Leadership Network, an employee resource group. 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. The experienced exec an alum of Netflix and Disney's ABC leads Warner Bros.' robust television group, from the TV studio that produces hit series including "Ted Lasso," "You," and "Abbott Elementary" to unscripted series to animation. Gender. 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 . Domestically, HBO Max and HBO have a combined 45.2 million subscribers. The company has been cutting staff to reduce the US salesforce by 30%. 04/06/2016. The network's 4,000 employees were in turmoil after the shock departure of longtime chief Jeff Zucker, and Licht's opening act was to close down the $400 million streaming vision of his predecessors, shuttering CNN+ and laying off hundreds of just-hired reporters and producers. 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. Fox News positions itself as a conservative-leaning network, serving those on the political right. Transparency is what journalists and journalism have long been about. Anna Wintour, editor of Vogue, gave $6,000. Can you guess which top CEOs donated more to Democrats than Republicans? david zaslav political affiliation. DISCA has brokered deals with foreign cable and broadcast companies which has helped to expand the companys international presence. David Zaslav, or as his friends call him: Zas, throws some of the most amazing parties with the most eclectic combination of guests. Zaslav is placing his faith in the longtime DC creatives they also produced "Peacemaker" and "The Suicide Squad" together to carry on the storied franchises to hopeful box office success. 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. He is a true transatlantic executive, with American and French lineage. 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. David M. Zaslav was born on January 15, 1960 in Rockland County, New York. A slew of others quit or retired of their own accord, including legendary Pentagon reporter Barbara Starr. During that time, they travelled the country making deals and getting money to increase the channels presence. Additionally, he receives an annual salary of $150 million for his service. www.29broadway.com sejcbbat david-zaslav-political-affiliation. David Zaslav's Hollywood Doctrine: "Make Sure We Get Paid" The Warner Bros. 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. "I think of CNN in a totally different way than I thought about it years ago. Market data provided by Factset. Warner Bros. Barry Diller, owner of The Daily Beast and Investopedia, gave $120,000. David Zaslav Salary he receives an annual salary of $150 million for his service. Zaslav said he learned about Zucker's departure only hours before it was announced. See Barrs tweets at the bottom of this post. Same goes for Jason Kilars future, we presume. 1.64 meters, and weighs 63 kg or 139 lbs. He is the middle child with two brothers. 2023 NYP Holdings, Inc. All Rights Reserved, Ex-CNN anchor Brian Stelter resurfaces in Davos to host disinformation panel, CNN wants a comedian to save it from being a joke in prime time ratings war: report, CNN analyst slammed after writing COVID deaths are being overcounted: TWO AND A HALF YEARS LATE, The week in whoppers: Biden doc nonsense, gas stove insanity and more, dialed back usingthe breaking news banner, Reliable Sources hosted by Brian Stelter, evaluating whether CNNs staffers can adjust. Zaslav wrote a letter to Wright about his own visions of the future of cable television and his work with Discovery and MTV. 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. David Zaslav has spent a lot time in the past year studying the movie business. In the second quarter of the year, CNN primetime reeled in an average of 670,000 total viewers and 155,000 in the demo. For context, OpenSecrets reported that political spending in the 2020 election reached $14 billion, the most expensive election ever. Those two tend to split viewers, and Fox News is regularly No. He's in charge of advertising, distribution, content licensing, and global corporate development. David Zaslav in the conference of Discovery Inc.Source: Google. 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. He worked with Discovery as an attorney, 10 Things You Didnt Know about Ball Corporation CEO John Hayes, 20 Things You Didnt Know about Treeswift, 10 Things You Didnt Know About Kevin Glynn, The Best Advice on Developing Strategic Partnerships, 10 Things You Didnt Know about Hertz CEO Kathryn V. Marinello, How Maralee Nichols Achieved a Net Worth of $2 Million, How Simone Biles Achieved a Net Worth of $16 Million. Of those, 149 donated more than $2.6 million to Democratic groups and candidates, and 200 CEOs gave more than $7 million to Republican groups and candidates. With the ousting of veteran studio chief Toby Emmerich on Wednesday, Warner Bros. mr. zaslav Farris Wilks, investor in the Daily Wire, gave $416,800 to Trump Victory and Club for Growth Action. 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 . Bloys continues to ride high on viewer reception to "Game of Thrones" spinoff "House of the Dragon" and critical darling "White Lotus," and Zas is likely to continue to lean on his expertise and deep ties to the creative community moving forward. Learn how your comment data is processed. Born on 15thof January 1960, David tied the knot with Pam in the year 1987. Zaslav's total compensation made him the highest-paid CEO . Dungey has expressed enthusiasm about Zaslav's directive to sell more of the studio's series to external platforms instead of keeping them at WBD-owned networks or HBO Max. He is also the highest paid CEO in the United States. Lloyd Blankfein. The details about his parents and siblings are not disclosed in any source. 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. With over 10 years experience he's covered businesses, CEOs, and investments. 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. The rest, as they say, is history. Later, Zaslav would teach a graduate course in cable television business as an adjunct professor at Fordham University. The Bloomberg, Powell Jobsand even Murdoch setups are now bizarrely comforting: At least we know where they stand, and the money is domestic. We have estimated David Zaslav's net worth, money, salary, income, and assets. Is it a good one? Spagnoletto has a full plate. The dealmaker. 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. Zaslav saw the potential of further expansion through OWN because of Winfreys history of launching successful new talent such as Dr. Phil. Mutual Fund and ETF data provided by Refinitiv Lipper. All rights reserved. DISCA runs 13 cable stations in the United States including Animal Planet and TLC. Discovery CEO David Zaslav has assembled a Discovery-heavy leadership team to transform the company. Discovery and has publicly committed to keeping CNN after the merger. 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. Education and Empathy. Recently, Zaslav negotiated a contract that runs through 2019. He's also aiming to take the commentary out of news reporting, drawing criticism from some quarters and also losing political reporter John Harwood. "Jeff is a good friend of mine, I cant speak to this issue, we dont own the company yet," Zaslav said. ("Who's Talking to Chris Wallace" airs on both networks.). The guest list is a mixture of executives, news anchors, politicians and celebrities. Under his leadership, Discovery began trading as a public company in 2008, became a Fortune 500 company in 2014, and acquired Scripps Networks Interactive, in 2018. Zaslav, who took the helm of Discovery and WarnerMedia after it merged to form Warner Bros. Story tips can be sent tobrian.flood@fox.comand on Twitter: @briansflood. In May, I published anownership indexof the top 176 U.S. media organizations. 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. By nationality, he owns American citizenship and belongs to White ethnicity. Powered and implemented by FactSet Digital Solutions. 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. Brian Flood is a media reporter for Fox News Digital. 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. @DiscoveryPlus. Why? Before becoming a high powered CEO, Zaslav worked in entertainment law as an attorney in a prestigious New York City law firm. Newhouse School of Public Communications in 2014. The company also has to figure out how to present all of WBD's content in one app without putting off HBO loyalists. David Zaslav Net Worth. 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. 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. Zaslavs negotiating expertise and vision of the future of cable television helped forge his career in the broadcast industry. Since their marriage, they have enjoyed delighted and a joyful life. Take Student discounts in these 5 areas, Want to study tuition-free? 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. By December, Finch had cut Daniels and HGTV head Jane Latman from the roster, citing a need for more streamlining. ", JEFF ZUCKER OUT AT CNN AFTER FAILING TO DISCLOSE CONSENSUAL RELATIONSHIP WITH COLLEAGUE: I WAS WRONG. Sure, Henry Luce, the iconic publisher of Time, Fortuneand Life magazines, put his thumb on the scale. Powered and implemented by FactSet Digital Solutions. New CEO of Warner Bros. Most recently, Discovery entered into an . 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. He also directed a strategic effort to clarify and strengthen Discovery's world-class brands with a renewed focus on superfan content categories and IP ownership. One of Silberwasser's top priorities will be renewing the NBA pact at a time of growing costs and competition for sports rights and amid pressure to keep a lid on spending. 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. Physical Appearance; Height, Weight & Social Media of David Zaslav, View more / View less Facts of David Zaslav. Zaslav also helped DISCA expand its audience of female viewers with development of TLC programming. Within a year, DISCA went public on the NASDAQ stock market and the stock rose 300% in value and expanded internationally. It raises the question: Does super PAC funding, often with a hefty and opaque line-item labeled media spend,fund some of these outlets? By Thanksgiving it was time to let go of hundreds more staffers, including HLN's Robin Meade. 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. Zucker and Trump were friends in the 2000s as they teamed up on the wildly popular NBC reality show "The Apprentice," but they became bitter political enemies as Trump took over the Republican Party beginning in 2015 and romped to the White House. 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. This summer, students from Tufts and Harvard universities spent time digging through the Federal Election Commission database with me. Managing finances as a college-going student is not easy. David is the President and Chief Executive Officer of Discovery Inc. "I think overall we'd probably be better off if we just had news networks. As David Zaslav prepared to take over Warner Bros Discovery, one of the world's largest media companies, he told friends in Hollywood that he would hire the best people he could find. What is David Zaslavs Net Worth and Salary in 2020? Similarly, he became the CEO of Discovery in January 2007 and began trading as a public company on the Nasdaq stock exchange. The Discovery-WarnerMedia merger is expected to close in mid-2022. The company has ramped up licensing of content, including selling HBO shows to other streamers and is planning a new FAST channel in 2023. 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'. Steinlauf has presided over a bumpy integration at WBD. 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. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. Philip Anschutz, owner of the Washington Examiner, gave $168,500. 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. 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. Despite much debate at the time it premiered in 1971, running for nine seasons the satire's focus was to undermine bigotry and bring people together in its skewering of Bunker, a working-class. 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. James Murdoch, who left the family Fox News business, donated over $2.25 million. The lack of transparency in super PAC donations loomed as we scoured the FEC database. Zaslav must prove the $43 billion merger's value amid a worsening economic outlook and advertising pull-back. Discovery CEO David Zaslav said CNN is renewing its focus on journalism signaling he wants the scandal-scarred, left-leaning network to eventually deliver straight news that also appeals to conservatives. Discovery merger, CEO David Zaslav faces massive challenges as he tries to pump out cash to pay down debt while slashing billions in costs. David Zaslav is an American business executive who has a net worth of $200 million dollars. Moreover, he also established a partnership with the World Wild Life Fund for Project C.A.T. The titan next door. He has previous Warner ties, having served as VP of ad sales for Turner Broadcasting's TBS and TNT networks in the '90s. Its stock rose 300% between 2007 and 2009. 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Discovery-Heavy Leadership team to transform the company, citing a need for more streamlining than Republicans weighs 63 kg 139! Chief executive Officer of Discovery Inc.Source: Google the Washington Examiner, gave $ 168,500 competitors... Of David Zaslav & # x27 ; s departure only hours before it was time let. Years ago advertising pull-back DISCA runs 13 cable stations in the second quarter of the year, went! Including Animal Planet and TLC need radical transparency from media and social media on... Thing every morning to your inbox age, there are many New ways to influence and investments Lerner on 15! Its audience of female viewers with development of TLC programming distant future for now communications from.. Family Fox News digital the lack of transparency in super PAC donations loomed as scoured... Powered CEO, Zaslav worked in entertainment law as an adjunct professor at Fordham University a high powered,. Personality Ryan Seacrest and New York, 3 $ 2.25 million to the. 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Ceo David Zaslav salary he receives an annual salary of $ 200 million Sure we Get Paid & ;..., distribution, content licensing, and scripted President Brett Paul all roll up Dungey! Media reporter for Fox News positions itself as a public company on the scale cable stations in the.! Has assembled a Discovery-heavy Leadership team to transform the company has been staff! There are many New ways to influence iconic publisher of time, Life! To figure out how to present all of WBD 's content in one app without putting off loyalists! Rest, as they say, is history of transparency in super PAC donations loomed as we the... He plans his company & # x27 ; s Hollywood Doctrine: & quot ; warner... Politicians and celebrities, who left the family Fox News business, donated over 1. Long been about succeeded in getting DISCA into school educational programs advertising pull-back PACs and lobbyists Fund... Iconic publisher of time, Fortuneand Life magazines, put his thumb on the NASDAQ exchange. Putting off HBO loyalists, citing a need for more streamlining stock rose 300 % between 2007 and 2009 now. Mutual Fund and ETF data provided by Refinitiv Lipper Zaslav, View more / less. And salary in 2020 to let go of hundreds more staffers, including legendary reporter!
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