To be more clear, Zaslavs base salary has held steady for more than a decade at $3 million per year, with the bulk of his annual compensation granted in vesting stock awards, option awards and non-equity incentives. Salary: $150 Million. The Hollywood Reporter is a part of Penske Media Corporation. The. David Michael Zaslav (born January 15, 1960)[1] is an American media executive who currently serves as the Chief Executive Officer and President of Warner Bros. Specs (approx.) All Rights Reserved. Privacy Notice We're across the street from the Rietlandpark tram station. [17] The newly combined company began . Shock AT&T-Discovery Deal Raises Questions for Global Streaming Expansion Instead, Zaslav was watching the pro tournament on TV at his home in East Hampton and began thinking about Stankey. Still, it would take a median-salary Discovery worker who earns about$80,000 a yearnearly 500 years to earn what Zaslav did in 2020. It will expand to other markets in 2023 and 2024. 2023 Dirt.com, LLC. anonymously (anonymous users cannot post links). You may change your billing preferences at any time in the Customer Center or call Discovery media empire, tore into movie executives at Warner who green-lit a Clint Eastwood film even though they knew the movie would likely. 2. Discovery. [49], In 2014, Zaslav was awarded the Fred Dressler Leadership Award by Syracuse University's S. I. Newhouse School of Public Communications. [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. We are delighted that you'd like to resume your subscription. David Zaslav attended Boston University. Terms of Use David Zaslav and some of his celebrity guests, All Photos: PATRICKMCMULLAN.COM, our Hamptons Insider newsletters delivered direct to you, Winter Lecture: The Wickham Familys Farming Tradition, Brooklyn Robotics League Lego Robotics ( Macon). December 17, 2021 By . Get our latest stories in the feed of your favorite networks. Zaslav's executive compensation package includes an annual salary of $3 million with an annual $22 million bonus. The Zaslavs, who have appliedto the City of Beverly Hills to designate the property as a landmark listed on the Beverly Hills Register of Historic Places, arereportedto have brought in former White House decoratorMichael S. Smith to restore and refresh the residence and to rebuild the also Woolf-designed pool house screening room that burned down in 2003. [16] Career NBCUniversal Zaslav joined NBC in 1989. Net Worth: $200 Million. Zaslav received ~ $145 million in compensation between 2010 and 2012, and is thus one of America's highest-paid CEOs. Discovery. [6][7], Zaslav was born to a Polish and Ukrainian Jewish family[8][9][10][11] in Brooklyn, New York. And the media landscape was shooketh. Zas is not particularly patient, Margaret Loesch, who ran Discovery Kids under Zaslav but is now retired, told the Journal. Slated to attend the Saturday night party in East Hampton were tennis legends Serena Williams, Henri Leconte and Mats Wilander. Virginia Ave. The action you just performed triggered the security solution. We've received your submission. How David Zaslav Overcame Stock Drama and Pandemic Woes to Pull Off a Stealth WarnerMedia Takeover. 7,851, This story has been shared 7,834 times. Construction underway in 2015 to expand the 106-year-old tunnel to allow for a second track and double-height cars. 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. [35][36] Zaslav's executive compensation package includes an annual salary of $3 million with an annual $22 million bonus. Its quite possible this is the aforementioned townhouse mentioned in Variety, though listings held by Chris Poore and Eyal Dagan, both at Brown Harris Stevens, indicate the historic home is currently a construction zone in the midst of a comprehensive overhaul. Zaslav's total compensation made him the highest-paid CEO. Ticketing . Rodale Press, Freedom Communications, Inc., The British Academy of Film and Television Arts East Coast, Consumers Union, and Intrepid Sea, Air & Space . Have you ever wondered how rich David Zaslav is? Sign In. (if applicable) for The Wall Street Journal. David Zaslav Education and Empathy "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. One of the movies that grossed poorly at the box office last year was Cry Macho, a neo-Western produced and directed by the iconic Dirty Harry star. Zaslav detailed plans for a combined streaming service of HBO Max and Discovery+ to launch in the U.S. in summer 2023. Known for celebrity-strewn parties at his East Hampton, N.Y., estate, Mr. Zaslav has long been one of the highest-paid chief executives in media. David Zaslav sets the strategy and oversees the operations of the world's number-one nonfiction media company reaching more than 1.5 billion cumulative subscribers in over 170 countries. The New York-based Zaslavs set their deep-pocketed real estate sights due west about a year ago when they ponied up $16 million for Woodlands, a Beverly Hills estate once owned by Greta Garbo but. The open-plan parlor floor living spaces, which include a street-facing living room with floor-to-ceiling windows and a wood-burning fireplace, form one great 50-plus-foot sweep from the front to the back of the house, where a wall of glass in the chef-accommodating kitchen opens to a slender balcony with stairs down to the garden. And the media landscape was shooketh.. At least one report, in Variety, indicates the surprise mega-merger "was hatched during . A bridge between Teague and Yards Parks is part of the planned 20-mile Anacostia Riverwalk multi-use trail along the east and west banks of the Anacostia River. Though a buyer could step in and make changes, floor plans show the planned overhaul will expand the house to about 6,750 square feet, including the finished basement, and contain five bedrooms and five full bathrooms plus three powder rooms. Museumplein and Leidseplein Square are within six kilometers of our door. The total accounted loss was nearly $25 billion off the company's market cap. Powerhouse Discovery Inc. president and CEO David Zaslav, consistently one of the highest paid CEOs of a public company ever since he took the reins at Discovery in 2007, announced Discoverys tightly brokered blockbuster takeover of WarnerMedia earlier this week. Text. Your Ad Choices FTC Plan to Ban Noncompete Clauses Shifts Companies Focus, Greta Thunberg Detained by Police in Germany During Mine Protest, Bonds Over Stocks: The New 60-40 Portfolio, Deal Slump Dents Profits at Goldman Sachs, Morgan Stanley, Rebellion Against Higher Prices Helps Slow Inflation, Opinion: The Hard Reality of a Debt-Ceiling Showdown, Opinion: Ph.D. Students of the World, Unite, Opinion: Wisconsin Bids for a Flat Income Tax, Opinion: Water Is a Terrible Thing for California to Waste. Performance & security by Cloudflare. High quality renderings show the handsome red brick exterior will be refreshed and restored, while all-new interior fittings will marry the vintage spirit of the home with modern-day creature comforts and top-flight materials. 16,874, This story has been shared 7,851 times. The Warner Bros. View more property details, sales history and Zestimate data on Zillow. Meanwhile, Oscar-winning director Ron Howard (A Beautiful Mind) filmed the festivities with his iPhone. Tell us about it! Blade, an aviation startup founded byformer Sony and Warner Music Group exec Rob Wiesenthal and GroupMe cofounder Steve Martocci, has made its bread and butter flying elite New Yorkers on helicopters to the Hamptons.The startup is now expanding itsofferings to include seats on a private Gulfstream IV jet.Dubbed BLADEone, the service will be offering seats on flights between Manhattan, Miami . Gender: Theater Info. Black Panther: Wakanda Forever (2022) Avatar: The Way of Water (2022) The Menu (2022) She Said (2022) The Fabelmans (2022) Bones and All (2022) Warner Bros. In his contract extension, Zaslav also received stock options valued at $190 million. Of course, Blades cofounder Rob Wiesenthal was also in attendance. He is going to want to change things quickly, she said. During last week's town hall, he reassured staffers that despite the recent penny-pinching "we are not for sale"an attempt to squash rumors of a Comcast mergerand made no mention of any pending. Got a hot tip for our calendar? David M. Zaslav was born on January 15, 1960 in Rockland County, New York. . 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. [46] He is chair of the Auschwitz: The Past Is Present Committee which promotes awareness of the Holocaust. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Many of late producer and former Paramount studio chief Robert Evans personal items were sold at auction over the weekend, but some of his most prized pieces will remain at his Beverly Hills estate, which was recently landmarked and is undergoing a top-to-bottom restoration under its new owner David Zaslav. 142.44.244.252 At the executives annual celebration ofsummers end were Oprah Winfrey, Martha Stewart,Katie Couric, Harvey Weinstein, Joy Behar,Alec and Hilaria Baldwin, Ryan Seacrest, New York Giants Giants co-owner Jon Tisch and wife Lizzie, New England Patriots owner Robert Kraft, Jimmy Buffett, Gayle King, Governor Andrew Cuomo, Sandra Lee, Lorne Michaels, Ron Perelman, Jack Welch, Dan Abrams, Jeff Zucker, Jim Dolan,Senator Chuck Schumer, RepresentativeNancy Pelosi, CBS President and CEO Les Moonves, Daily News owner Mort Zuckerman, music executive Irving Azoff, David Geffen and Universal Music Group CEO Lucian Grainge. 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At least one report, in Variety, indicates the surprise mega-merger was hatched during a series of meetings and calls in the Greenwich Village townhouse of Zaslav, whos 2020 compensation package totaled $37.7 million, a staggering sum by any standard but well below the $129.4 million in compensation he received in 2018 and even less than the stratospheric $156.1 million he hoovered up back in 2014. 41,552, This story has been shared 16,874 times. Discovery CEO had kind . 6,750 square feet, 5 bedrooms, 5 full and 3 half bathrooms, Lisa Marie Presleys Last Home Was a Rented Calabasas Mansion, Taylor Hackford, Helen Mirren Seek Buyer (or Renter) for Showbiz Pedigreed Compound, Snob Worlds Cole and Kelsea Moscatel Plant Roots in High-Nosed Preston Hollow, The Historic Emma Lazarus House Is a 'Law & Order' Staple, In NYC's Fabled Plaza, a Super Glam Duplex Penthouse Boasts Great Views, Stone Gargoyles Guard City-View Terrace of Tudor City Penthouse, Kimora Lee Simmons Wants $23 Million for Extremely Phat Beverly Hills Mansion, Raiders Owner Mark Davis Sheds Summit Club Condo, Gotti Producer Seeks Sale of Lavish Bel Air Villa. However, it seems the low-key and much-in-the-news corporate exec seeks to thin his holdings with the sale of a 19th-century Greek Revival townhouse on an especially prime block in New Yorks Greenwich Village that has come up for grabs at a dollop under $17.9 million. Still, it would take a median-salary Discovery worker who earns about $80,000 a year nearly 500 years to earn what Zaslav did in 2020. He said the company has increased its synergy goal to $3.5 billion in savings, an increase of 17% from the $3 billion he'd. Powerhouse Discovery Inc. president and CEO David Zaslav, consistently one of the highest paid CEOs of a public company ever since he took the reins at Discovery in 2007, announced Discovery's tightly brokered blockbuster takeover of WarnerMedia earlier this week. @DiscoveryPlus. ft. home is a 3 bed, 1.5 bath property. In his first six weeks at the helm of the newly merged entity, Zaslav has not been afraid to make bold moves for the sake of belt-tightening. Plus, 60% off clearance with American Eagle promo code, 20% off your next online order - Walmart coupon code. Powerhouse Discovery Inc. president and CEO David Zaslav, consistently one of the highest paid CEOs of a public company ever since he took the companys reins in 2007, announcedDiscoverys tightly brokered blockbuster takeover of WarnerMedia earlier this week. Discovery shops Batman: Caped Crusader to rivals: source, No laughing matter: John Oliver rips HBO Max parent company over canceled shows, the head of the Warner Bros. [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. "It's a kind of understanding that can't be replicated by history books." The Beverly Hills home of Robert Evans, the colorful film producer behind movies like "The Godfather," "Chinatown" and "Rosemary's Baby," has sold for $16 million to David M. Zaslav . Discovery in April 2022. 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 . Later, guests spilled out onto the beach in front of Zaslavs estate for a bonfire and were greeted with a giant shark sand sculpture, part of his celebration of Discoverys massively successful Shark Week. The piano was purchased by Zaslav, the president and CEO of Discovery Inc., as well as other items, including an umpire chair built and gifted by Hoffman for the tennis court. In addition to the kitchen, theres a spacious kitchenette off the garden-level family room plus two itty-bitty wet bars, one in the third-floor primary suite and another next to the fireplace in a skylight-topped lounge on the uppermost fourth floor. Holiday Haunt. All Rights Reserved. david zaslav east hampton home. Sign up for THR news straight to your inbox every day. 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. [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. Discovery the culmination of a merger announced last May. In addition to a huge high-floor duplex in one of the finer buildings along New Yorks Central Park West, theres an oceanfront getaway in the Hamptons and, as of early 2020, a fabled estate in Beverly Hills. Zaslav earned a bachelor of science degree from Binghamton University . On the Money hears Milner, who is a big Facebook investor, is having his own Hamptons party on Sunday. The Olympics arrive on Discoverys Eurosport network in 2018. Listen to article. Get the latest scoop directly in your inbox. New & Coming soon. Les personnages : outre David Zaslav (Discovery), on retrouve John Stankey, le CEO d'AT&T, mais aussi les . However, it seems the low-key and much-in-the-news corporate exec seeks to thin his holdings with the sale of a 19th-century Greek Revival townhouse on an especially prime block in New Yorks Greenwich Village that has come up for grabs at a dollop under $17.9 million. Zaslav then reportedly quoted a famous line from the 1996 Tom Cruise hit film Jerry Maguire. Sitemap, Your California Privacy Rights David Zaslav, longtime chief executive officer of Discovery, is now officially CEO of Warner Bros. We want to hear from you! Zaslav received ~ $145 million in compensation between 2010 and 2012, and is thus one of America's highest-paid CEOs. Mr. Evans died last year at age 89; the home was sold by his estate. Following this, he graduated from Boston University School of Law with a JD with honors in 1985 and started his career as an attorney with LeBoeuf, Lamb, Lieby and MacRae in New York. 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David M. Zaslav has a net worth of $5.00 million (Estimated) which he earned from his occupation as Business executive. A fiercely ambitious man with an appetite for the theatrical, Zaslav paid $16 million for the late Bob Evans home in Beverly Hills,. David Zaslav Last year, Zaslav raked in $156.1 million -- $44.2 million more than the next executive, Liberty Global's Michael Fries. About 2.5 years later, in late 2012, the Zaslavs forked over$24.65 million to ad man and restaurateur Jerry Della Femina for an oceanfront estate superbly positioned off one of the most coveted and expensive lanes in all of East Hampton, New York, where some of his well-heeled neighbors include Carl Icahn, Martha Stewart and David Geffen. 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. 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. Amid the WarnerMedia takeover announcement, the Discovery exec is looking to sell a 19th-century Greek Revival townhouse with five bedrooms in Greenwich Village. Under Zaslav, several people who held high-profile positions have departed, including former Warner Bros. General Counsel John Rogovin; Brett Weitz, the general manager of TNT, TBS, and TruTV; and Tom Ascheim, who oversaw childrens programming. Get the latest scoop directly in your inbox. Discovery media empire. Zaslav owns a number of properties on both the East and West Coasts. Zaslav, who is now famous for his fabulous, star-studded parties, earned the title of America's highest paid CEO after pulling in a whopping $156.1 million in 2014. Send us a tip using our anonymous form. Rent a bike to explore the city or sip a drink at our bar. Les lieux : principalement une townhouse loue Greenwich Village par M. Zaslav (la sienne est en rnovation) o se sont tenues les ngociations secrtes, plus bien sr quelques autres endroits, comme par exemple East Hampton. [3][4][5] He previously served as the Chief Executive Officer and president of Discovery, Inc. beginning on November 16, 2006 and ending on April 8, 2022, when it was merged with WarnerMedia. DC has seen its cinematic universe experience varying levels of success; Zaslav will want more Disney-like consistency post the Warner/Discovery merger. (approx.) The piano is being restored. Behind gates and enveloped in trees, the slightly shy of 1.5 acre spread includes a modestly sized Hollywood Regency style residence designed by architect John Elgin Woolf, a small guest house or caretakers apartment, an egg-shaped swimming pool and a tennis court. You may cancel your subscription at anytime by calling Aug 20. Former White House decorator Michael Smith is overseeing the restoration, which will include rebuilding the famed pool house screening room that burned down over a decade ago and where dailies for era-defining films like The Godfather, Rosemarys Baby and Chinatown were viewed. [45] His daughter Ali Zaslav is a congressional producer with CNN. Get our Hamptons Insider newsletters delivered direct to you. Photos please of Barry Diller, or anyone else, lip-syncing Stewarts classic Da Ya Think Im Sexy?. Zaslav is Jewish and describes his family life as normal. David M. Zaslav Net Worth & Basic source of earning is being a successful American Business executive. This website is using a security service to protect itself from online attacks. Discovery CFO: Hollywood Went "Overboard" With Streaming "Spending Frenzy", Kim Masters on Hollywood's Year of Wishful Thinking, Broadway Box Office: The Music Man, A Strange Loop Close on a High Note, Casa Madera Opens at the Mondrian Los Angeles in Famed Asia de Cuba Space, The Best in Healthy Eating for Your New Years Wellness Resolutions, LSD and Old Hollywood Fuel Jim Shaws Trippy New L.A. 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The event is starting to look like Sun Valley East, with Russian billionaire Yuri Milner set to rub shoulders with invitees like Goldman Sachs boss Lloyd Blankfein, Credit Suisses vice chair of investment banking, Fred Terrell, and investor Mario Gabelli also on the list. Like most spectacularly compensated media titans, Zaslav and his wife Pamela maintain a jaw-dropping property portfolio. David Zaslav was once among America's highest-paid chief executive officers. [17] As president of Cable and Domestic TV and New Media Distribution, he oversaw content distribution to all forms of TV, negotiated for cable and satellite carriage of NBCUniversal networks and forged media partnerships.[18][19]. 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,. The first swing in the talks that led to the union of Discovery and WarnerMedia was an email . with this post, location or person. You will be notified in advance of any changes in rate or terms. David Zaslav Quotes - BrainyQuote American - Businessman Born: January 15, 1960 People only watch six to eight to 10 channels, so if you want to be one of those channels, then you have to create content so strong that people have to come not once, not twice but enough that, behaviorally, they start to feel like, 'That's my channel.' David Zaslav Discovery, David Zaslav a runi les directeurs des studios de cinma et les a cuisins au sujet d'un rcent enchanement de bides au box-office, notam 2023 Dirt.com, LLC. [2] Zaslav spearheaded the transaction between AT&T and Discovery to combine with WarnerMedia and create the combined Warner Bros. Mr. Zaslav was establishing a Los Angeles base before the AT&T deal, buying the Beverly Hills home once owned by the late Paramount chief Robert Evans for $16 million in 2020. : K18 0.09ct . The 22-foot-wide, five-floor townhouse, purchased through a corporate entity not quite five years ago for $11.8 millionin cash, is billed as an amazing opportunity to complete your dream home, and marketing materials indicate plans are already approved by the Landmarks Preservation Commission and the Department of Buildings, with the entire home structurally reinforced and 4.5 feet dug out of the basement level to make it usable as living space. AP At this writing, shares in Discovery, Inc. traded just north of $24. (2 minutes) Warner Bros. We want to hear from you! Tyler Perry, Lorne Michaels and Supreme Court Justice Stephen Breyer were also expected, but its OTMs guess that Jon Bon Jovi and Dorothea Hurley will hit the dance floor for snowy-haired rocker Rod Stewart, whos the crooner in charge this year. David Zaslav arrives at the 2013 Allen & Company Sun Valley Conference, wearing one of his trademark sweater vests. The President/CEO of Discovery Communications (Discovery Channel, TLC, etc.) He told his underlings that they didnt owe favors to anyone. At the time of the purchase the nearly 1.7-acre spread was anchored by a 7,000-square-foot European-style villa that has since been expanded and transformedinto a shingle-clad Dutch Gambrel mansion set high in the dunes with a swimming pool and carriage house. (A name for this new . [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. [40] Some of those projects were "practically finished" or in the late stages of post-production, including Batgirl and Scoob! He enjoyed sports and loved to play tennis as a child. Discovery Communications boss David Zaslav has been going deep into the sports world, meeting sports federations around the globe and having chats with the International Olympics Committee. [45] He also is a member of the Board of Trustees for the Paley Center for Media and the Mt. Sign up to Stock Advisor for $79 for 1 year, All Jeans + Pants 25% off! Zaslav, who is now famous for his fabulous, star-studded parties, earned the title of Americas highest paid CEO after pulling in a whopping $156.1 million in 2014. Everyone saw what happened when their neighbor, David Geffen, who paid $70 million for his spread on Lily Pond Lane in 2016, posted a picture of a sunset over his $590 million superyacht in late. You will be charged Like most spectacularly compensated media titans, Zaslav and his wife Pamela maintain a jaw-dropping property portfolio. "We have the ability to ring any number of cash registers," Zaslav, the longtime Discovery CEO who took control of WarnerMedia earlier this month, told Wall Street analysts on Tuesday during the. Discovery. We've received your submission. Eastwood, 91, also had a perfect record in getting films into the can on time and never going over budget, the studio honchos told their new boss. 2023 NYP Holdings, Inc. All Rights Reserved, CNN head admits layoffs on horizon as anxious staffers grill him during town hall: Huge nerves, Cartoon Networks future in doubt as Warner Bros. Cry Macho grossed a little more than $15.5 million worldwide despite a reported budget of $33 million according to IMDB. cache 5h 0m [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. Sinai Medical Center. The studio bosses are said to have replied to Zaslav that they felt indebted to Eastwood because of the string of hits that he had delivered over his 50-year career with the studio. 6,750 square feet, 5 bedrooms, 5 full and 3 half bathrooms Powerhouse Discovery Inc. president and CEO David Zaslav, consistently one of the highest paid CEOs of a public company ever since he took the reins at Discovery in 2007, announced Discovery's tightly brokered blockbuster takeover of WarnerMedia earlier this week.
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