It revealed the money in journalism who has cash and who doesnt and how much this industry is from people with trust funds or well-connected parents and they could stay in the Hamptons or the Catskills, she said. Moses past deals include unitingQueen Latifahwith Covergirl andRihannawith Doritos.Jennifer Gould Keil. Those of us who have left the city, or (as in my case) have the luxury of coming back and forth, with a detour on assignment to Montauk, can take the heat. Ft. 7503 Hannum Ave, Culver City, CA 90230. EAST HAMPTON, N.Y. Real estate out here is too expensive for a working person, so the East Hampton Golf Club usually provides shared houses for its caddies. [Smaller schools] might not want to go to three meals a day, but restraining those that do isnt right.. David Zaslav, the president of Discovery Communications, and his wife, Pam, who purchased an oceanfront residence on Drew Lane, East Hampton, from the restaurateur and advertising executive Jerry . Get $5 Off Orders $25+ with Free Shipping, Final Early Bird Pricing! I feel bad that I feel like everybody should feel absolutely self-loathing and shame, she said. Its not clear, of course, that staying in their country houses influences executives approach to coverage. "We're going to be one company," Zaslav said. Those who can afford it left the city, shining a spotlight on class divisions in the media. The listing agent for these homes has added a Coming Soon note to alert buyers in advance. The 2,800 sq. Location Greenwich Village, New York City, N.Y. Price $17.895 million. How David Zaslav Overcame Stock Drama and Pandemic Woes to Pull Off a Stealth WarnerMedia Takeover. There, employees are sometimes organizing to change their internal cultures, and sometimes challenging rules that had previously seemed sacred. David Zaslav and some of his celebrity guests, All Photos: PATRICKMCMULLAN.COM. After all, were all remote now, and both Mr. Zucker and Mr. Griffin feel as present as anyone else to their employees. Newsrooms Are in Revolt. 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. 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. In keeping with the theme. Top figures at Bon Apptit, Refinery 29, Variety, ABC News and The New York Times have been forced to resign or take leave this month, as were lower-profile executives, like the editor of Indy Week in North Carolina. All rights reserved. After several years on the market and several price chops, ad mogul Jerry Della Femina has sold his sprawling Hamptons estate for $25 million, The New York Post reports. bclc lotto app not working; signs your internship will turn into a job; mary suehr schmitz. At least two other hedge funders pulled a similar move to Bommer, returning clients money in order to focus on their own fortunes. Diners outside Babettes on Newtown Lane in East Hampton. 51ms. Chris Cuomo made his Hamptons basement famous. (Photo: www.instagram.com ). The most important market indicator in the global economy, and usually the first telltale sign of trouble, is always felt on Lily Pond Lane. The man has a real knack for it. Got a hot tip for our calendar? The fund had fallen double digits in 2015. Two grande dames of fashion and home,Donna KaranandMartha Stewart, and music industry titans including managerIrving Azoff, Universal bossLucian Graingeand Warner Music dealmakerRob Wiesenthal. | Privacy Policy Zaslav even put the brakes on a DC HBO Max movie centering around the Wonder Twins starring Riverdale 's KJ Apa. 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. Steve Cohen, no stranger to the Hamptons, could join the gang, too, while he sweats out his two-year ban imposed by the S.E.C. @ Rocky Barnes toasted to her upcoming nuptials during a Mot Moment in the Hamptons on Saturday. (Fox Newss chief executive, Suzanne Scott, is still going into the Sixth Avenue office.) Book direct for the best price and free cancellation. 2 ba. 2.5 Baths. 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. | Contact Us, March 1 Discovery CFO: Hollywood Went "Overboard" With Streaming "Spending Frenzy", Rihannas Puma x Fenty Is Coming Back Heres Where You Can Still Buy Those Cult-Fave Creepers, MPTFs Night Before Party Sets Co-Chairs George Clooney, Cate Blanchett and Angela Bassett, The Best Bridesmaid Dresses for Every Budget, From Under-$100 Gowns to Hollywood-Inspired Classics, Where to Stream Steven Spielbergs Oscar-Nominated Film The Fabelmans Online, BTS Army: Heres When and Where Legos Dynamite-Inspired Set Arrives Online and In Stores, Apple TV+ Series Jane Inspires California Science Center Exhibit for Kids, Families, From Makeup Must-Haves to Skin Care Superstars, These Black-Owned Beauty Brands Are Best-Sellers, Lord of the Rings: Amazon, Warner Bros. 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. Jane Scher settles Pottery Barn lawsuit over December fall, This story has been shared 54,781 times. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Seller David Zaslov. Id have to be insane to let you quote me.). $595,000. Bommer had bought three parcels on what is thought of as the gold coast of the gold coasta street thats also home to Martha Stewart, Jon Bon Jovi, and David Zaslav, with Steven Spielbergs compound just around the cornerin 2014 for $93.9 million, according to the New York Post. 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. The golfers will be OK too. 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. After taking a beating over the first half of the year, the precious metal has had quite the summer romance with investors. https://www.nytimes.com/2020/06/14/business/media/media-executives-hamptons.html. 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. cache 4h 1m Not only are our actions and our words being filtered, but were listening more., (I spent a few days last week on the stretch between Sag Harbor and Montauk on assignment to see how the other media half was living, and found most media executives extremely cautious once they learned what I was writing about. purchased this oceanfront home in 2012 for $24.65m from ad mogul Jerry Della Femina. 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. 3D WALKTHROUGH. as well as other partner offers and accept our, Korean Pop Star Psy Picks Up A $1.25 Million Los Angeles Condo >. At the East Hampton Golf Club on Saturday. When college football players say they want to share in the NCAAs enormous $841 million revenue pie, they probably werent thinking of a literal pie. Discovery Communications President and CEODavid Zaslav and wife Pamhosted a star-studded Labor Day party at their East Hampton home last weekend. MSNBCs progressive hosts went north: Chris Hayes to the Hudson Valley, Rachel Maddow to Western Massachusetts. The Beverly Hills home of Robert Evans, the colorful film producer behind movies like The Godfather, Chinatown and Rosemarys Baby, has sold for $16 million to David M. Zaslav, president and chief executive officer of Discovery Inc., according to people familiar with the deal. Sign up for THR news straight to your inbox every day. 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. Again, smaller schools may push to veto that idea, saying the payments are easy for larger schools like the University of Texas, with its $163 million budget, but impossible for smaller schools with budgets under $15 million.Post staff. I look A. The coronavirus crisis forced America to look directly at its deep inequalities, and the media industrys are no different. The President/CEO of Discovery Communications (Discovery Channel, TLC, etc.) This copy is for your personal, non-commercial use only. Bill Ackman, hot on the humility trail after his fund had its worst year ever, may also need a change. Mike McGlone, the director of research at ETF Securities, a provider of commodity-based exchange-traded funds, said the summer comeback is tied to jittery markets and that is tied in large part to tensions in the Middle East generally and Syria specifically. 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 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. Those who dont have space to house a chef are relying on deliveries from the gourmet wholesaler Baldor, whose familiar white-and-black-logo trucks are circulating the island. 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. Keep up with all the latest from Eastern LI. The American Cancer Society said about 20% of new colorectal cancer diagnoses were in patients under age 55 in 2019, compared with 11% in 1995. 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During the protests, the city could look terrifying on television, and reporters on the scene faced violence, mostly from police; but the mood away from the police billy clubs was not exactly the Reign of Terror. And themedia landscapewasshooketh. Thats a 17 percent return in just two years. Kudos to him for having fun with all that money. We are rehearsing for our off-broadway reboot of Guys and Dolls! 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. Just about two and a half hours east of Wall Street, a second act awaits hedge funders who have lost their luster. The Hollywood Reporter is a part of Penske Media Corporation. Genuinely hope they feel deep shame their whole lives, she wrote. @ For most of his professional life, David Zaslav, 62, . A sharknado of banking and media celebrities were expected to descend on David Zaslav's inaugural summer party this weekend. 2023 The Hollywood Reporter, LLC. And even as media power has shifted somewhat from New York to Los Angeles, East Hampton remains a hub for executives, dealmakers and stars. The big stories are being driven by frontline journalists who have been taking personal risks and, sometimes, contracting the coronavirus, to cover the dual crises in American cities. Its just what the Hamptons needsa merry band of financiers making the joint even less affordable. The first swing in the talks that led to the union of Discovery and WarnerMedia was an email . 2023 NYP Holdings, Inc. All Rights Reserved. $ 25+ with Free Shipping, Final Early Bird Pricing get $ 5 Off Orders 25+. The best Price and Free cancellation Rachel Maddow to Western Massachusetts to Pull Off a WarnerMedia! 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