By Mark David
06.05.2020 - 17:11 / deadline.com
By Jill Goldsmith
Discovery, Inc.’s U.S. ad revenue dropped 20% in April as the COVID-19 panic took hold but May and June look sbetter. The highly international company’s board will be looking carefully at acquisition opportunities around the world. And CEO David Zaslav put the blame for subscriber erosion on linear TV squarely at the feet of bundles jammed with costly sports.
In a wide-ranging investor call following strong quarterly earnings, Zaslav and CFO Gunnar Wiedenfels discussed
“Streaming Outta Fenway” will feature the Boss (remotely) and the Boston Celtic punks in a momentous concert broadcast from the historic ballpark's infield.
By Dino-Ray Ramos
By Jill Goldsmith
Bob Chapek on Monday gave his first solo television interview since being named CEO of The Walt Disney Co. in February.
Stuck-at-home Food Network and Cooking Channel hosts shooting in their own kitchens during the COVID-19 crisis, and using camera equipment supplied by their networks, has given Discovery CEO David Zaslav an idea on how to produce more content with cost savings post-pandemic. "Why are we dragging everyone to a studio? Let's shoot it in a home.
The Walt Disney Co. on Saturday gave journalists a detailed tour of how Shanghai Disneyland Park will operate when it reopens to the public on Monday following months of being shuttered due to the coronavirus pandemic.
With sports around the world put on ice amid the novel coronavirus pandemic, Discovery's lifestyle brands — HGTV, DIY, the Cooking Channel and Food Network — are the new hot properties, CEO David Zaslav argued on the company's Wednesday earnings conference call. "We are the new sports," he said.
EXCLUSIVE: Despite recent, scattered press reports suggesting New York Gov. Andrew Cuomo was snubbing Broadway by shutting the industry out of his New York Forward Re-Opening Advisory Board, the state and the theater industry are working closely on how to re-start, Charlotte St. Martin, president of the Broadway League, tells Deadline.
Discovery Inc. president and CEO David Zaslav's 2019 pay package dropped to $45.8 million.
By Jill Goldsmith