His corporate boss, Charles Bluhdorn, facing him in his screening room, shouted that public companies could not dabble in porn. He then decided to re-run the films. 2023 CNBC LLC. "Who do they want managing the economy: Trump (Mnuchin, Powell, Kudlow) or Biden (Bernie, Warren and AOC)?," Bailey said. 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. U.S. President Donald Trump gestures during a roadside stop in Bedminster, New Jersey, U.S., July 26, 2020. During the Evans era, the sources of corporate infighting were often esoteric. Despite the high energy, any display of incivility would result in banishment the towns most prominent attorney was permanently exiled for shoving his date. Fifty years ago, Evans had to worry about filling seats in Westwood, not expanding the subscriber list in Belarus. 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. Most importantly, they're already global. For context, OpenSecrets reported that political spending in the 2020 election reached $14 billion, the most expensive election ever. Discovery in April 2022. In his contract extension, Zaslav also received stock options valued at $190 million. But Zaslav is likely to get at least a warm initial reception. Sinai Medical Center. WebHome. Its a mess. [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. offers FT membership to read for free. The government needs to catch up and revamp how we track media money in politics. Jean-Briac Perrette, president and CEO of Discovery International, earned $10.4 million total compensation, down from $14.4 million in 2019. You couldn't say that about a lot of other American CEOs. The parties within its walls were glitzy, the arguments were epic and the scandals provided perfect gossip fuel. 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. [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. "I think of CNN in a totally different way than I thought about it years ago. The Daily Callers OmeedMalik donated $150,000. Discovery Chief David Zaslav 2020 Pay Drops to $37.7 Million. The tennis court, he decided, needed to be moved three feet, and changed to a clay surface. In media news today, an AP reporter spars with the State Departments Ned Price over allegations on Russia, a report claims that Jeff Zucker and Allison Gollust gave Andrew Cuomo COVID talking points to combat Trump, and an MSNBC broadcast gets interrupted by a Lets Go Brandon flag. See an updated version of our story below. The Evans events promised a sort of promiscuous elegance: Behind one door you would find the esteemed Helmut Newton photographing two lissome nudes passionately entwined; or Teddy Kennedy swigging beer amidst a bevy of starlets; or Henry Kissinger explaining Vietnam policy to Jill St. John; or agent Sue Mengers disseminating film gigs along with quality weed. 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. 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Something we can likely all agree on is that trust in media is at an all-time low and Americans want reliable, nonpartisan news. Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. [12] At the age of 8, he moved to Rockland County where he graduated from Ramapo High School. Over the years, he's secured the $1.6 billion European rights to the Olympics and the $2 billion PGA golf rights; bought Scripps Networks, owner of HGTV and Food Network; and launched OWN with Oprah Winfrey. His Facebook page is full of old school friendships and trips with the former GE CEO, Jack Welch. All Rights Reserved. "I, and we as a company, we are a fighter for news. Zaslav is on the board of Mexican programming giant Televisa, now merging with Univision. Zucker, who joined CNN in 2013 and led the network through the rise of Donald Trump to the presidency, abruptly resigned this week over a secret relationship he had with a colleague, CNN chief marketing officer Allison Gollust, which he did not disclose to the company as required. Media tends to be a reflection of where the country is. But even if that crowd decided to arrive, it would not include the late Evans or his panache (he died in 2019). Yet Zaslav's fight for Scripps created bad blood with then-Viacom chief executive, Bob Bakish, who was significantly outbid on the deal. 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. People helping raise money for these Republican organizations told CNBC that the idea of taxes going up has struck a nerve with GOP donors and forced them off the sidelines after being largely absent throughout the 2020 election cycle. Last year, Zaslav vowed to take a hands-on role in the operations of CNN. Zaslav, known for delivering fast yes or nos to business partners, would be able to move ahead with speed. ", Warner Bros. International Television Production, Warner Bros. Insider say he's known for relationship building but also being demanding with staff. "Plus, David actually shows up. Look up your friends and patriotsat the FEC. But he also contributed $100,000 to the Nancy Pelosi Victory Fund, and $124,000 to the Democratic Congressional Campaign Committee. 2023 NYP Holdings, Inc. 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A Wall Street financial advisory firm recently told their clients they don't expect Biden to lean too far to the left as the policy recommendations put together by allies of Biden and Sen. Bernie Sanders didn't, they say, have many progressive ideas. CEO David Zaslav has quickly put his stamp on Warner Bros. 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. All rights reserved. The TV deal maker will head the new venture formed by his companys merger with AT&Ts WarnerMedia, as he seeks to build a streaming juggernaut. Discovery CEO David Zaslav addressed the companys controversial decision this week to cancel releases for Batgirl and Scoob! Senator from Idaho Jim Risch, amounted to a total of $5,600. 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. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month. analyse how our Sites are used. Discovery CEO David Zaslav said Friday on CNBC that he had nothing to do with Jeff Zuckers CNN exit. This summer, students from Tufts and Harvard universities spent time digging through the Federal Election Commission database with me. All Rights Reserved. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. met 98.2% of his quantitative goals and 100% of his qualitative goals. This time, the bulk of Zaslavs compensation came from stock awards ($12.5 million) and non-equity incentive plan compensation ($21.8 million). But times have changed. 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. "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. Where the country was when we launched MSNBC was much more fact-based and less divided.. [20][21], Zaslav became CEO of Discovery Communications in November 16, 2006, succeeding Judith McHale. His well-documented views were notsecret. organisation 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. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. 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.
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