3 January 2014 6:32 AM, PST | Variety - TV News | See recent Variety - TV News news »

David Zaslav will remain at the head of Discovery Communications through the end of 2019, under a new contract unveiled Friday by the Silver Spring, Md., owner of the Discovery, TLC, and Investigation Discovery cable networks.

The move suggests the board of directors of the media company is pleased with Zaslav’s performance. His previous deal was set to expire in 2015, according to a Discovery spokeswoman. “ He built a strong management team that has expanded the company’s reach and relevance, increased its market share domestically and around the world, and created a bigger, stronger portfolio of brands,” said John Malone, Chairman of Liberty Media Corporation and Liberty Global, Inc., and a member of Discovery’s board, in a statement. “ We look forward to working with David to do more of the same over the next six years.”

According to a filing Discovery made with the U.S. Securities and Exchange Commission Friday, »


- Brian Steinberg

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