Its not something were going to disclose. Televisa elects to maintain its existing ownership stake in support of new ownership group; Televisa's Program License Agreement with Univision remains unchanged. TelevisaUnivision. One that will see us accelerate our position as the leading U.S. Hispanic media company as we launch new products and services that will drive value for our U.S. Hispanic audience and for our advertising and distribution partners, who want to reach and engage with this critical audience, said Davis, the former Viacom CFO, whose led the acquisition of Univision by ForgeLight and Searchlight. About. We welcome all corrections and feedback using the button below. Univisions former chief legal and corporate affairs officer Jonathan Schwartz, president of distribution Henry Ahn, and president of ad sales and marketing Steve Mandala are leaving the company. Latest news about Wade Davis : 01/12: Transcript : Jaguar Health, Inc. - Special Call: CI. As former Viacom CFO Wade Davis, the founder of ForgeLight, gets set to become CEO of Univision Communications, he talked to The Hollywood Reporter about his plans to capitalize on the fast-growing key Latino demo. Davis earned a dual BA degree, with honors, in Economics & Philosophy from Williams College. Steve Mandala. 2023 The Hollywood Reporter, LLC. When you look at what the current management team has been able to accomplish in the last 18 months, its quite remarkable. Wade Davis Baseball Stats by Baseball Almanac wade davis univision salary Can you drill down and tell us what you see standing out in Univisions asset base? Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX, Chief Executive Officer, Univision Communications Inc. All net worths are calculated using data drawn from public sources. Giant Miami-based Spanish language broadcaster. Theyve renewed one hundred percent of their distributor agreements, which is something that no other company in the industry can say. Wade Davis takes over as CEO of Univision, following FCC's approval of Chief Administrative Officer of TelevisaUnivision, Inc. But when I do look at the opportunities that lie in front of the company today, its absolutely the case when you look at the asset base that Univision has whether you start with the brand, the power of the brand and connection with this audience it has this huge audience and the fastest-growing demographic in the U.S. And its culturally relevant, and Univision is the leader with that audience. February 25, 2020 9:03am. By subscribing, I agree to the Terms of Use and Privacy Policy. Wade Davis (anthropologist) (born 1953), Canadian anthropologist and ethnobotanist Wade Davis (American football) (born 1977), former American football player Wade Davis (baseball) (born 1985), former baseball player Wade-Davis Bill, American legislation, vetoed by President Abraham Lincoln in 1864; Wade Davis (CEO) Univision Prior to Viacom, Davis co-founded Americas Choice, Inc. where he acquired research and associated IP to build a for-profit K-12 school performance improvement solutions business. A lot of times when people talk about in the media industry whether they have enough scale, its really around their ability to drive enough content spend. Wade Davis is Chief Executive Officer and one of the owners of Univision Communications Inc. As the leading Hispanic media company in the U.S., Univision is guided by its long-standing mission to entertain, inform and empower U.S. Hispanics with news, sports and entertainment content across broadcast and cable television, audio and digital platforms. PENELOPE THE PIG WAS THE CUTEST THING I HAD EVER SEEN. The Davis-led investor group on Tuesday said it agreed to acquire a 64 percent majority stake in Univision for an undisclosed sum. A look at the injuries for Wade Davis, and the financial implications. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Wade Alan Davis II (born July 28, 1977) is an American speaker, activist, writer, educator and former American football player.. Born in Little Rock, Arkansas, Davis grew up in Shreveport, Louisiana and Aurora, Colorado.He played college football at Mesa State and Weber State.In 2000, Davis signed with the Tennessee Titans of the NFL as an undrafted free agent but was cut after the preseason. Wade Davis, Univision chief executive . It takes less than ten minutes to set up your company page. Learn from our experts on Hispanic consumers. Theres going to be a number of months until we actually close the transaction and the specifics about what the strategy on a go-forward basis is. 2022: Univision Communications Inc. completed the acquisition of Content and Media Assets . Univision Holdings, Inc. Competitors and Similar Companies - Zippia From 1996 to 2006 he served as an editor at Radio & Records. Wade Davis was born in Lake Wales, Florida in September 1985. Wade Davis, Former Viacom CFO, And Partners Close - Deadline AdvancePath was successfully sold to Graduation Alliance. Univision Finished 2021 With More Growth - TV News Check Searchlight Capital Partners and ForgeLight Complete Acquisition of That year he was traded to the Kansas City Royals. Marketing Innovation, Portada News and Events for Marketing Executives Submit a correction suggestion and help us fix it. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Salary Score. Univision Communications. And theyve done an incredible job of refreshing their entertainment slate, with Televisa and selection productions on their own. For fiscal 2006, company revenues were $2.026 billion. Show more. Searchlight Capital Partners and ForgeLight to Acquire Majority Stake in Univision. 2021-2021 Free Agent Veteran media executive Wade Davis to become CEO of Univision upon closing. Click on the different category headings to find out more and change our default settings. Davis achieved these results by creating several strategic operational improvements, implementing an organizational redesign, leading cost transformation initiatives, and directing the operational oversight of key growth segments. Univision's Acquisition By Former Viacom CFO Imminent: Report Former Viacom Inc. Chief Financial Officer Wade Davis agreed to buy a majority stake in Univision Communications Inc., a deal that follows years of failed attempts to sell the Spanish-language . Televisa has a shared history with Univision dating back many years and a deep strategic relationship today. As former Viacom CFO Wade Davis, the founder of ForgeLight, gets set to become CEO of Univision Communications later this year . Just about any story is fair game, if a dollar sign can make its way into the article. - Veteran media executive Wade Davis to become CEO of Univision upon closing . Vince Sadusky, Univision CEO, spoke of a re-energized and refocused company and said today marks the start of an exciting new chapter with partners that recognize the excellent position Univision is in.. Univision employees attributed a compensation and benefits rating of 3.1/5 stars to their company. Wade Davis - CEO & Director at Univision | The Org While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. The highest-paying job at Univision is a Vice President with a salary of $325,473 per year. Biography. Mexico's media giant Grupo Televisa and U.S. Spanish-language broadcaster Univision today announced they have . Davis has served as a media industry leader for over 25 years, including founding ForgeLight in 2019 to build, acquire and operate companies in the Media and Consumer Technology sectors. On July 20, 2019, Univision rebranded its Univision Deportes Network cable channel as TUDN, as part of a collaboration with its content partner Televisa.. On February 25, 2020, investment firms ForgeLight (launched by founder & CEO & ex-Viacom CFO Wade Davis) and Searchlight Capital agreed to acquire the 64% controlling stake in the company that was held by its investment group ownership . . Univision Sold To Investment Firm Of Former Viacom CFO Wade Davis David Westin speaks with top names in finance about the week's biggest issues on Wall Street. Wade Davis is Chief Executive Officer and one of the owners of Univision Communications Inc. As the largest Spanish-language content company in the U.S., Univision is guided by its long-standing mission to entertain, inform and empower U.S. Hispanics with news, sports and entertainment content across broadcast and cable television, audio and . Does Univision have the scale it needs in todays competitive landscape, or do you envision additional M&A to get additional scale? Univision nears sale to investor group as challenges loom - Los Angeles Webinars . He played in their minor league system before making his MLB debut for the Rays in 2009 where he played through the 2012 season. Hemisphere Media Group, Platinum Equity and former Viacom CFO Wade Davis have made overtures to Univision. As former Viacom CFO Wade Davis, the founder of ForgeLight, gets set to become CEO of Univision Communications later this year, he talked to The Hollywood Reporter about his plans to capitalize on the fast-growing Latino demo in the news, sports, entertainment and music spaces. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites.