Theres one hitch in the plan, though. But Discoverys stock has increased more than 300 percent since Zaslav took the helm in 2007, according to CNN Money, so hes being well compensated for good work. @ Evans told the WSJ in 2013 that among his favorite things at the house called Woodland was an 1872 Steinway piano, which was a divorce gift from ex-wife Phyllis George, and played by everyone from Dustin Hoffman to Warren Beatty. @ 08:30 AM - Now theres an IQ test, said another prominent Hamptons media figure. Cable king James Dolan was also expected to attend with wife Kristin. 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. A sharknado of banking and media celebrities were expected to descend onDavid Zaslavs inaugural summer party this weekend. David Zaslav, Chief Executive Officer of Discovery Communications, and wife Pam, hosted a Shark Week themed Labor Day weekend gathering at their East Hampton home. Without day-trippers or middle-class vacationers and their crowded sublets, it has been, for the lucky few, the summer we had long wanted, busy, but not too much so, and quiet enough to hear the birdsong, according to The East Hampton Star. To be clearer, 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. 2023 NYP Holdings, Inc. All Rights Reserved. Scheduled to attend the laid-back beach-blanket bash were: CBS Les Moonves, Daily News owner Mort Zuckerman, Scripps boss Ken Lowe and Hollywoods Harvey Weinstein. Discovery Posts $217M Streaming Loss, Hits 96M Subscribers, Warner Bros. Explore Hampton Hotels in Culver City, CA. I was Ms. Jamiesons editor at BuzzFeed News until earlier this year, and I couldnt help thinking this was about me, since I headed up to Columbia County, N.Y., in early March, and so I called Ms. Jamieson, 34, an Australian native who lives in a studio in Bedford-Stuyvesant, to ask her what she meant. 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. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Tamara Mellon was on the list with her guy Michael Ovitz. Golfers playing a round at the East Hampton Golf Club on Saturday. The music industry was to be well represented by Irving Azoff, David Geffen and Universal Musics Lucian Grainge. ARE YOU A PEOPLE PERSON? Bill Ackman, hot on the humility trail after his fund had its worst year ever, may also need a change. Goldman Sachs bossLloyd Blankfein, JPMorgan ChasesJamie DimonandJimmy Leeand media bankerAryeh Bourkoffwere invited to sway along to sounds fromJulian Marleyand The Uprising while marveling at a giant man-eating shark made out of sand. (Fox Newss chief executive, Suzanne Scott, is still going into the Sixth Avenue office.) BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA, Christin Moses DRE # 01140081. The fund had fallen double digits in 2015. By Alex Cranz. 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. Sean Hannity has been working from the North Shore of Long Island since before the crisis, and Tucker Carlsons show is produced near his homes in Florida and Maine. But on Wall Street the gold record is the song of the summer. (Don Lemon, who has been living in Sag Harbor, is commuting most nights to CNNs studio in Hudson Yards.) Those who can afford it left the city, shining a spotlight on class divisions in the media. Kudos to him for having fun with all that money. I dont want my money going to Obama, and thats whats going to happen in the New Year. [Smaller schools] might not want to go to three meals a day, but restraining those that do isnt right.. The president of MSNBC, Phil Griffin, is in Hampton Bays. 03:00 PM, March 3 Distribution and use of this material are governed by @ 01:00 PM - Two grande dames of fashion and home,Donna KaranandMartha Stewart, and music industry titans including managerIrving Azoff, Universal bossLucian Graingeand Warner Music dealmakerRob Wiesenthal. Afraid C.Confused D. Overserved E. All of the above. Rupert Murdoch Colluded With Jared Kushner to Try to Throw the 2020 Election to Trump Because Of Course He Did, Inside the Dissident Fringe, Where the New Right Meets the Far Left, and Everyones Bracing for Apocalypse. Thanks for contacting us. Links: en.wikipedia.org. Some executives are beginning to commute again, so the helicopter company Blade has started its seven-day service earlier than usual. 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Ready for Tolkien Battle, How the Landscape of Native-Led Stories Has Changed Between Avatars: Were Flexing Our Sovereignty, The Definitive Voice of Entertainment News. Top editors give you the stories you want delivered right to your inbox each weekday. The man has a real knack for it. "We're going to be one company," Zaslav said. Some people active with the companys union, the NewsGuild, compiled a Google document of articles they found objectionable to present to editors, two Times employees told me but after an internal debate, they abandoned the project. He could soon have some company among other bored, broken-down hedge funders looking for a new way to stay old-moneyed. 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. Call it the Lily Pond Lane band of profit-makers. Chris Cuomo made his Hamptons basement famous. Situated in the coveted McLaughlin Streets neighborhood within Culver City, this home sits on a beautiful treelined street on an oversized lot (6,250 sq.ft) a short distance from numerous eateries, coffee shops and boutiques. Zaslav received ~ $145 million in compensation between 2010 and 2012, and is thus one of America's highest-paid CEOs. So golds comeback may still have some legs, 2023 NYP Holdings, Inc. 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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 March and shared that he was isolated in the Grenadines avoiding the virus, provoking a wave of public shaming. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. Get our Hamptons Insider newsletters delivered direct to you. 2023 Cond Nast. 1,837 Sq Ft. 3956 Albright Ave, Los Angeles, CA 90066. Terms & Conditions How David Zaslav Overcame Stock Drama and Pandemic Woes to Pull Off a Stealth WarnerMedia Takeover. (Though stay tuned: When The New York Times forced out the opinion editor James Bennet over a controversial column a week ago, two employees reacted in Slack with a slackmoji of the word guillotine, prompting internal complaints, a Times reporter said. The CNN president, Jeff Zucker, who is also the chairman of WarnerMedia News and Sports, is in East Hampton, where he is among the caddy-less golfers, as is the Discovery C.E.O. The Discovery Communications CEO, who has a home in East Hampton, is known for throwing legendary winter parties at his Manhattan home where boldfaced names from banking, private equity, media and Hollywood mingle and look swell. 31,500, 2023 NYP Holdings, Inc. All Rights Reserved Not only would this be the second-most expensive purchase in Hamptons history, but it would also mark the former hedge funders second successful foray into flipping. 02:00 PM, Southampton Village Main Street (Hildreths), Spay-ghetti Success at the Southampton Animal Shelter, 31st Annual Hamptons International Film Festival to Remain Expanded 10-Day Event, Hamptons Real Estate Market Data Week of 2/21/2023, Free Hamptons Symposium Focusing On The Future Of Healthcare. The piano is being restored. 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. Illustration by Alex Castro / The Verge. 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. Also on the invitee list:Barry Dillerwhose company Aereo is being sued by CBS bossLeslie Moonves(also invited, along with his wife,Julie Chen) and CNN bossJeff Zucker. Its an expensive undertaking,Bob Bowlsby, the Big 12 Conference commissioner told Bloomberg. Barnes, fiance Matt Cooper and a few of the couples closets friends gathered at The Surf Lodge for a Mot Ice Brunch at the Montauk hotspot. As he started returning money to investors, Bommer off-loaded the 4,500-square-foot, 100-year-old home, which sits atop 6.4 acres overlooking 284 feet of the Atlantic Ocean, in an off-market sale. 2 bds. 6225 Canterbury Dr UNIT 207, Culver City, CA 90230. New Yorks media business appears to be in endless decline, but it is still one of Americas most visible stages for cultural conflict, drama and change. 2.5 Baths. CNN President Jeff Zucker, who is also chairman of WarnerMedia News and Sports, is in East Hampton, where he is among the caddyless golfers, as is Discovery CEO David Zaslav. All Rights Reserved. Loading your audio article. Search by destination, check the latest prices, or use the interactive map to find the location for your next stay. MSNBCs progressive hosts went north: Chris Hayes to the Hudson Valley, Rachel Maddow to Western Massachusetts. This time, the friendly neighborhood mogul is gathering up his influential buddies for some end-of-summer fireworks the ones that sparkle in the sky, that is before they light the fire on fall headlines to come. Sitemap, Your California Privacy Rights Here in the Hamptons, caddies aside, its really not so bad. As he started returning money to investors, Bommer off-loaded the 4,500-square-foot, 100-year-old home, which sits atop 6.4 acres overlooking 284 feet of the Atlantic Ocean, in an off-market sale that will bring him $110 million if it goes through. As a subscriber, you have 10 gift articles to give each month. Last chance for up to $40 off TurboTax, Michael Kors promo code First Order: sign up for KORSVIP + Get 10% off. Thanks for contacting us. The East Hampton house has eight bedrooms, 6.5 bathrooms, and sits on nearly 1.7 acres. 11:30 AM, Hampton Bays Community Center, 25 Ponquogue Avenue, March 4 The storied Beverly Hills estate of the late Robert Evans has found a buyer: David Zaslav, president and CEO of Discovery Inc., has purchased the home for $16 million . purchased this oceanfront home in 2012 for $24.65m from ad mogul Jerry Della Femina. I want the proceeds of this sale to go to my kids and my grandkids, he told The Post's Jennifer Gould Keil and Selim Algar. Walking with a television executive past boutiques on Newtown Lane in East Hampton last week, I tried to convince him that his teenage children would be fine walking around their native Upper East Side unaccompanied. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Growing casualties havent so far shaken Pskov, an impoverished region that is home to the elite Russian paratrooper division that occupied Bucha in Ukraine. Also on the red-hot guest list, famous talent agent Michael Ovitzwith girlfriend and Jimmy Choo cofounder Tamara Mellon, who designed the retro-chic uniforms for the hostesses of Blade helicopter service, which brought Zaslavs A-list guests to the Hamptons. Genuinely hope they feel deep shame their whole lives, she wrote. 2 ba. Will Smith Returns to Awards Stage for the First Time Since the 2022 Oscars, Lavish Montecito Mansion Where Meghan Markle and Prince Harry Filmed Netflix Doc Listed at $33.5M, Michael Eisner Seeks Record Sale with $225M Price on Malibu Compound, Liberaces Secret West Hollywood Townhouse Oozes with Old Hollywood Glamour, negotiated in a Greenwich Village townhouse, Warner Bros. 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. Columbia Universitys Business School will be getting a lesson from the Hollywood/Madison Avenue playbook this fall. Anyone can read what you share. For most of his professional life, David Zaslav, 62, . Mellon designed the white romper suits worn by the Blade helicopter hostesses, who will be ferrying guests out east. The former honors student went from living in a luxury penthouse with other executives at FTX to becoming the latest member of the crypto exchanges inner circle to plead guilty to fraud. Tell us about it! Amid the WarnerMedia takeover announcement, the Discovery exec is looking to sell a 19th-century Greek Revival townhouse with five bedrooms in Greenwich Village. Birds Eye. One of the changes on the table is feeding athletes three meals a day up from the current rule that limits the free grub to one meal a day, six days a week. Bommers already showing plenty of promise in the house-flipping game. Its not clear, of course, that staying in their country houses influences executives approach to coverage. Later on, Barnes and Cooper hung out with Nina Agdal, Jack Brinkley-Cook, and Sailor Brinkley Cook during Leland and Frenships sets at The Surf Lodge. EHP Hospitality Group is now hiring for the 2023 summer season! Vanity Fair may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. Im basically the loser in Obamas class warfare, he added. $1,285,000. 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