Now theres an IQ test, said another prominent Hamptons media figure. And while the immediate spur is the wave of protests against anti-black racism and police violence set off by the killing of George Floyd in Minneapolis, the New York-based media had already been activated by something else: The clarity with which the onset of Covid-19 revealed who could afford to get out of town, who might be OK if they lost their job, who had money or family to fall back on. A sharknado of banking and media celebrities were expected to descend on David Zaslav's inaugural summer party this weekend. Cable king James Dolan was also expected to attend with wife Kristin. Crooner Harry Connick Jr. entertained guests with New Orleans jazz, and Page Six reports that he inspiredguests, including Oprah, to get up and dance. Call it the Lily Pond Lane band of profit-makers. The most important market indicator in the global economy, and usually the first telltale sign of trouble, is always felt on Lily Pond Lane. 2023 Cond Nast. 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. The couples annual end-of-summer party, which included a performance by Earth, Wind & Fire, brought out Oprah Winfrey, Jon Bon Jovi, Alec Baldwin and Hilaria Baldwin, Mariska Hargitay and Peter Hermann, Chuck Schumer, Jerry Seinfeld, Ron Howard and daughter Bryce Dallas Howard, Nancy Pelosi, Katie Couric, Ali Wentworth and George Stephanopoulos, Don Lemon, Boris Becker, and other notable names. And did they overplay the violent fringes of protests, when theyve been overwhelmingly peaceful and the citys broader mood has been a kind of revolutionary good cheer? The first swing in the talks that led to the union of Discovery and WarnerMedia was an email . The BuzzFeed writer Amber Jamieson in Brooklyn. Ft. 7503 Hannum Ave, Culver City, CA 90230. The last few weeks, Warner Bros. Thats why I sold right now, thats why I wanted to get this done.. But she thinks that the bosses, and journalists, have a special obligation to stay: Being a leader means staying with your people and seeing what they see.. Book direct for the best price and free cancellation. 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 . $595,000. 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. Underlying much of this tension is a sense in media as in the rest of American society of just how deep the gaps can be. The Bosses Are in Their Country Houses. 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. The fund had fallen double digits in 2015. Bommers already showing plenty of promise in the house-flipping game. Growing casualties havent so far shaken Pskov, an impoverished region that is home to the elite Russian paratrooper division that occupied Bucha in Ukraine. David Zaslav. 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. Distribution and use of this material are governed by Privacy Notice 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. At a recent WarnerMedia town hall, employees listening to an executive speak about his experience with police also took note of the hot tub over his shoulder. Della Femina, who initially tried to get $40 million for the property, blamed President Obama for forcing him out of town. tyson jost dad; sean penn parkinson's disease; mockingbirds attacking my cat At The Times, some of that debate is playing out among employees. our Subscriber Agreement and by copyright law. 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. The man has a real knack for it. Of course, Blades cofounder Rob Wiesenthal was also in attendance. 1,837 Sq Ft. 3956 Albright Ave, Los Angeles, CA 90066. (Photo: www.instagram.com). Thats not all. unlikely to reach the United States market anytime soon, will end its aggressive but contentious vaccine mandate. At the embattled magazine company Cond Nast, Roger Lynch, the chief executive, has been in mountainous Lake Arrowhead, outside Los Angeles; the artistic director Anna Wintour is weathering the crisis in Mastic, just west of the Hamptons. Diners outside Babettes on Newtown Lane in East Hampton. 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. The same financial undertow that dragged down these guys firmsoil prices, a slowdown in China, and surge in the Swiss francthreatens to do the same for the real-estate market on Long Islands East End. 1,582 Sq. 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. EHP Hospitality Group is now hiring for the 2023 summer season! 35,281, This story has been shared 31,500 times. Both Seneca Capitals Doug Hirsch and BlueCrest Capitals billionaire Michael Platt are walking away from managing other peoples money after 20 and 15 years, respectively. 31,500, 2023 NYP Holdings, Inc. All Rights Reserved We've received your submission. @ 05:30 PM - 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. Ms. Jamieson has reporter friends who left a small apartment for a place in Aspen; she understands that people have children, parents, health conditions. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. May 31 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. @ Subscribe for full access to The Hollywood Reporter. Homes similar to 5950 Buckingham Pkwy #204 are listed between $340K to $1,285K at an average of $560 per square foot. 1,074 sqft. Sign up for THR news straight to your inbox every day. 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. But Covid-19 means no boardinghouses, and no boarding means no caddies, and no caddies means that the media moguls who pay more than $400,000 to join (putting it in the middle range for initiation fees in the Hamptons) now must pull their own clubs around, which theyve been telling one another reminds them of their youth, and which is just the kind of sacrifice that the coronavirus has brought to East Hampton. And themedia landscapewasshooketh. 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. He is known for his casual manner, favoring Diet Coke and fleece vests. Just about two and a half hours east of Wall Street, a second act awaits hedge funders who have lost their luster. At The Intercept, founded in 2014 by radical believers in free expression, the unions diversity subcommittee challenged that central priority in an email to management: Free speech is an important principle at The Intercept, but unit members are concerned that this commitment to free speech has detracted from a commitment to anti-racism in our coverage and in our workplace, they wrote. By Xeba73 @ 2014-01-07 03:39:40. Music loverRon Perelmanis also expected, as isRyan Seacrestand new girlfriend modelDominique Piek.Claire Atkinson. 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. He is spending millions more on renovations and still hasn't moved in. That's $44.2 million more than his runner-up, Michael Fries of Liberty Global. | Privacy Policy Thats a 17 percent return in just two years. Ad Choices. Among other boldface names: Oprah Winfrey, Jimmy Buffett and Ryan Seacrest. March 4 The listing agent for these homes has added a Coming Soon note to alert buyers in advance. Kudos to him for having fun with all that money. Newsrooms Are in Revolt. Terms of Use When the lockdown arrived, most who could get out of New York did so to the Hamptons for the old elite, to the Hudson Valley for the second tier. The Hollywood Reporter is a part of Penske Media Corporation. Last year, his compensation totaled $37.7. 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. [Smaller schools] might not want to go to three meals a day, but restraining those that do isnt right.. Got a hot tip for our calendar? Like most spectacularly compensated media titans, Zaslav and his wife Pamela maintain a jaw-dropping property portfolio. The parties and attendant deals are off, and executives face a summer without tiki-torch-lit pathways leading to raw bar spreads on the beach, catered for tens of thousands of dollars for a few dozen friends. The biggest story in the world came to your front door and you left that to me is insane, she said, adding that her experience the woman who works the front desk of her gym died, and she wrote about a funeral procession for another neighbor has been essential to her reporting. One new media executive told me he issued specific instruction to his executives to be careful about what gets into the Zoom frame: no pool, no ocean, no nanny. Were media leaders in the right place to cover the horror of the early days of the outbreak, when they werent being kept awake by sirens? David. The East Hampton house has eight bedrooms, 6.5 bathrooms,. 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. 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. as well as other partner offers and accept our, Korean Pop Star Psy Picks Up A $1.25 Million Los Angeles Condo >. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Sitemap, Your California Privacy Rights 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. Its an expensive undertaking,Bob Bowlsby, the Big 12 Conference commissioner told Bloomberg. As a subscriber, you have 10 gift articles to give each month. Smaller schools might object because they cant afford it. Columbia Universitys Business School will be getting a lesson from the Hollywood/Madison Avenue playbook this fall. 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. 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. The Discovery Communications CEO, who has a home in East Hampton, is . Its quite possible this is the aforementioned townhouse, 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. March 31 2 ba. After all, were all remote now, and both Mr. Zucker and Mr. Griffin feel as present as anyone else to their employees. 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. They wanted more space for their kids, or to care for an elderly relative, OK, everyone has a reason, she said. 6225 Canterbury Dr UNIT 207, Culver City, CA 90230. Peoples antennae are up higher than they have been before to what they say, and how it can be interpreted, and recognizing the unintended consequences of our actions, said the Discovery executive Henry Schleiff, a mainstay in the mansion-dotted hamlet of Water Mill, who said he thought the shift toward less conspicuous consumption was for the better. The East Hampton Golf Club, a member told me, has changed its rules to permit autonomous robot caddies, which follow you silently through the greens. @ @ 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. 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. More on renovations and still hasn & # x27 ; t moved in boldface names: Oprah,... 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