Most of the CEOs' 13 direct reports, many of whom were recent hires, are white . [2] Zaslav spearheaded the transaction between AT&T and Discovery to combine with WarnerMedia and create the combined Warner Bros. Discovery and has publicly committed to keeping CNN after the merger. [13][14] He was captain of the varsity tennis team.[15]. Soon after he started with the firm, he began working with the new partner who was the general counsel for Warner Brothers. 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.. David Zaslav Net Worth. YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. 2023 FOX News Network, LLC. Warner Bros. Discovery Executive Changes: Behind David Zaslav's Moves 'Batgirl' Shelved: Warner Bros. Discovery CEO Defends Decision - Variety For now, a trio of CNN executives will assume Zuckers responsibilities at the network. ', In the intervew, Zaslav praised CNN, saying that the cable network 'has the greatest group of journalists in the world. Zaslav had a hand in the launch of MSNBC, another left-leaning network, during his time as an NBC executive. This . joan cusack richard burke. Were running our business," Zaslav said. (Malone was a chief architect in the merger of Discovery and CNN.). Later, Zaslav would teach a graduate course in cable television business as an adjunct professor at Fordham University. '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 John Malone. Discovery CEO David Zaslav said CNN is renewing its focus on "journalism" signaling he wants the scandal-scarred, left-leaning network to eventually deliver straigh Mediaite, which initially reported on the comment as a political remark, later issued a correction to clarify that 'Zaslav was referring to the left side of the Discovery portfolio, not the left side of the political aisle. The network boss camped out in mid-July in . According to sources cited by Rolling Stone on Thursday, the pair breached journalism ethics to help Cuomo behind the scenes in the same way that his younger brother Chris did. 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. That tells us a very different story than whats come out in the media. 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. CNBC host Joe Kernan laughed and responded . 'READ THIS,' Cuomo said. Murdaugh is heckled as he leaves court, Two Russian tanks annihilated with bombs by Ukrainian armed forces, Ukraine soldiers shoot down enemy drones with drones of their own, Dozens stuck in car park as staff refuses to open gate for woman, Missing hiker buried under snow forces arm out to wave to helicopter, Insane moment river of rocks falls onto Malibu Canyon in CA, Fleet-footed cop chases an offender riding a scooter, Isabel Oakeshott clashes with Nick Robinson over Hancock texts. [16], Zaslav joined NBC in 1989. CNN After Jeff Zucker, Key Challenges for Discovery CEO David Zaslav [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. 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. They are doing that, and there's still time," Eberhart said. But the left-leaning networks ratings slide began well before new management took over. ", JEFF ZUCKER OUT AT CNN AFTER FAILING TO DISCLOSE CONSENSUAL RELATIONSHIP WITH COLLEAGUE: I WAS WRONG. Global Kids, Young Adults and Classics, https://en.wikipedia.org/w/index.php?title=David_Zaslav&oldid=1142395296, American chief executives in the media industry, American people of Ukrainian-Jewish descent, Articles with dead external links from July 2019, Articles with permanently dead external links, Articles with dead external links from February 2023, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 2 March 2023, at 04:25. David Zaslav's Rocky Ride as Hollywood's Newest Czar Jordan Zaslav (@jzaslav) October 15, 2016. May 18, 2022 7:20am. After his Freshman year, he transferred to Binghamton University in Binghamton, New York. "I think of CNN in a totally different way than I thought about it years ago. With the financial stability, David Zeslav's family is likely to have prolific future ahead. His new book, The System: Who Rigged It, How We Fix It, is out now. CNN staffers and media insiders are speculating over why WarnerMedia bosses and AT&T chiefs really wanted him gone, since the affair was an 'open-secret' for years. Fox News has that sewn up. Zaslav also rejected rumors about the potential role of John Malone, a billionaire Trump donor, who is the CEO of Liberty Media, Discovery's largest shareholder. With Warner Bros. Discovery Merger, David Zaslav Is Angling to Become Whoops! Cuomo's text exchanges contradict his claims to investigators that he had 'irregular contact' with DeRosa. Fox News positions itself as a conservative-leaning network, serving those on the political right. But speculation has been growing over whether Zucker was forced out at CNN over his open-secret affair not because bosses had any real issue with it, but because the scandal of it and his ongoing war with Chris Cuomo could have threatened AT&T's deal with Discovery. I am in a different position and I am working with a different standard than these other politicians I understand why they have to say what they are saying. DISCA hired Zaslav as its CEO in January 2007. [33], 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. ', The CNBC host, chuckling, then apologized and withdrew his comment, saying 'I probably shouldn't have said that.'. Last week, CNN abruptly canceled the show and effectively fired Stelter and his staff. After working with Discovery and MTV at the law firm for a few years, Zaslav happened to read an article about Bob Wright, an executive at NBC. Is reporting on it considered straight news or opinion? The President and Chief Executive Officer of Discovery Inc., David M. Zaslav aka David Zaslav was born and brought up on 15th January 1960 in Brooklyn, New York, the United States. Last Sunday, on his last show, Stelter said: Its not partisan to stand up for decency and democracy and dialogue. [41] Zaslav also received backlash for the removal of many of Warner Bros' animated programs from streaming platforms and pulling some of the service's content in general, including Final Space (which was written off for taxes), Infinity Train, Summer Camp Island, Close Enough, The Not-Too-Late Show with Elmo and several hundred episodes of Sesame Street, among others, a decision Infinity Train creator Owen Dennis remarked rendered many of the programs effectively as "lost media". He also enjoyed the Entertainment Law course he took at Boston University. CNN to dial down partisanship under new top exec Chris Licht - Axios The entertainment giant owns the Warner Bros. film and TV studios, HBO, CNN, TBS, the Food Network . Sources told Politco: 'Cuomo's legal team asserted that Zucker was hypocritical to suggest Cuomo had a personal conflict of interest when the relationship with Gollust represented a potential conflict as well,' the outlet reported. The CEO, whose company owns CNN, Warner Bros., HBO, Animal Planet and TLC, told reporters at Allen & Co.s summer camp for billionaires in Sun Valley, Idaho, that CNNs new approach will pay off in the long term, even as ratings sink to historic lows. The goal succeeded in getting DISCA into school educational programs. His mandate for Licht, a former executive producerof CBSs The Late Show with Stephen Colbert, was to get rid of the sensational, partisan, Trump-focused coverage made popular under Zucker. Man you weren't kidding. 'I understand the political pressure I understand the stakes of political warfare, and that's what this is And I understand the conformity that can be forced by cancel culture.'. Warner Bros. Warner Bros. Discovery CEO David Zaslav Amanda Edwards/Getty Images. Another round of layoffs in December pushed out CNN political pundit Chris Cillizza and Atlanta-based anchor Martin Savidge, who'd been . Discovery! How CEO David Zaslav Made $247 Million Last Year People close to both men insist that Zaslav is . "CNN is a fantastic asset, I cant wait to get in there. And John Malone, when you hear him, hes still a big part of your life, a big part of Discovery, if he said we need CNN to go back to reporting news". Discovery CEO David Zaslav said Friday on CNBC that he had nothing to do with Jeff Zuckers CNN exit. Kernan, who makes no secret of his conservative leanings, burst out laughing as he responded: 'Definitely to the left. Discovery in April 2022.. Zaslav's executive compensation package includes an annual salary of $3 . The System: Who Rigged It, How We Fix It. Domestically, HBO Max and HBO have a combined 45.2 million subscribers. In December, a spokesman for Cuomo accused Zucker of knowing everything about his involvement in trying to help his brother while he navigated a sexual harassment scandal. 1. In 2005, he held 32% of the shares of Rupert Murdochs News Corporation. Structural Info. David Zaslav, president and CEO of Discovery Inc., revealed today his impending executive leadership picks as WarnerMedia and Discovery finalize the terms of their merger. Discovery CEO David Zaslav embraces the past as he plans his company's future. 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.