Billionaire Trump donor who is the largest shareholder at Discovery and wanted to restore left-wing CNN to impartial journalism insisted on Zucker’s departure after affair was exposed.
- 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  Â
- After CNN chief Jeff Zucker’s relationship with colleague Allison Gollust was revealed, Malone reportedly made it clear policies must be followedÂ
- CNN will be folded into Discovery as part of a $43billion dealÂ
- Zucker was due to stay on in some capacity and even take a bigger role at Discovery, but now has been cast outÂ
- AT&T boss John Stankey was told of the affair from WarnerMedia CEO Jason Kilar – with whom Zucker has always had a frosty relationshipÂ
- CNN is now investigating if Zucker had an inappropriate relationship with Andrew Cuomo, former Governor of New YorkÂ
- 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 Â
A billionaire Trump-donor who is the largest shareholder at Discovery and wanted to restore left-wing CNN to impartial journalism insisted on Jeff Zucker’s resignation after learning of his affair with colleague Allison Gollust.
Zucker stepped down on Wednesday after the affair was revealed, sending CNN into turmoil and panic. The match was struck by a vengeful Chris Cuomo, who is fighting the network for $18million which he claims he is owed.
Zucker refused to pay him, and it led to an investigation during which the affair was brought to light.
Now, staffers and media insiders are speculating over why WarnerMedia bosses and AT&T chiefs really wanted him gone, since the affair was an ‘open-secret’ for years.
One theory centers around AT&T’s deal to sell WarnerMedia – which owns CNN – to Discovery. The $43billion deal is almost done, after years of attempts by AT&T to spin the network off.
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.
But Discovery’s largest shareholder, billionaire John Malone, insisted he step down for breaching company standards by not disclosing his romance with Gollust.
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.
By Jennifer Smith, Chief Reporter and Chris Jewers and James Gordon
