From the Daily Mail:
John Malone is chairman of Liberty Media, Discovery's largest shareholder.
He previously donated $250,000 to Trump's inauguration, and told of wanting to restore CNN to impartial journalism after years of left-wing bias.
After CNN chief Jeff Zucker's relationship with colleague Allison Gollust was revealed, Malone reportedly made it clear policies must be followed CNN will be folded into Discovery as part of a $43 billion deal.
Zucker was due to stay on in some capacity and even take a bigger role at Discovery, but now has been cast out.
AT&T boss John Stankey was told of the affair from WarnerMedia CEO Jason Kilar - with whom Zucker has always had a frosty relationship.
CNN is now investigating if Zucker had an inappropriate relationship with Andrew Cuomo, former Governor of New York.
A source tells Rolling Stone that Gollust and Zucker were also advising Cuomo at the start of the pandemic - like Chris was fired for doing.
Under the merger, WarnerMedia and Discovery will become one new media powerhouse - Warner Bros. Discovery. Zucker was meant to keep a key role in the new company.
Malone is a supporter of Zucker's most emboldened enemy, Donald Trump. He donated $250,000 to Trump's inauguration in 2017 and has made no secret of the fact that he, like Trump and millions of others, think CNN has become too left-wing and biased.
'I would like to see CNN evolve back to the kind of journalism that it started with, and actually have journalists, which would be unique and refreshing,' he told CNBC in 2019.
'I do believe good journalism could have a role in this future portfolio that Discovery-TimeWarner's going to represent.'
From Gentleman's Journal
John Malone: everything you need to know about America’s single largest land owner
Meet the most powerful man that you’ve never heard of
He has more money invested in British media assets than Rupert Murdoch, at times he’s invested better than Warren Buffett and he also owns services and TV channels you’ve most likely used or watched; yet, the name John Malone still draws a sea of blank faces.For everything you need to know about one of the most powerful, yet unknown, individuals in America, look no further.
Who is he?
As Liberty Media’s chairman and largest stakeholder, John Malone is one of the world’s most influential media magnates. He also possesses 28% of Discover Communications (which recently snapped up fellow cable TV stalwart Scripps Network for $14.6bn), has 25% shares in Liberty Global (the largest international cable company that boasts just under 30m subscribers) and owns 8% of professional baseball team Atlanta Braves.
Oh, and he currently owns more land in America than anyone else: 2.2m acres to be precise.
As a result, Malone has a net worth of around $9.22bn, and thanks to his buccaneering role in media deals and land ownership, he’s been nicknamed the ‘Cable Cowboy’.
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