The companys top-rated media portfolio features the Univision and UniMs broadcast networks, 10 cable networks, 61 television stations, 58 radio stations and a robust audio and music experience footprint, and various market-leading digital properties. All net worths are calculated using data drawn from public sources. The highest-paying job at Univision is a Vice President with a salary of $325,473 per year. Get the latest news, stats, videos, highlights and more about relief pitcher Wade Davis on ESPN. Univision y Televisa juntarn sus contenidos para crear el mayor conglomerado de medios en espaol 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. Univision abre una nueva etapa: cierra su venta, estrena nuevo jefe y planea un servicio de streaming. Wade Davis continues as CEO of the merged company and discussed Univision's fourth quarter 2021 results with Wall Street analysts on Friday. Univision Communications went private in 2007 when Haim Saban bought the company for $13.7 billion. December 29, 2020 12:29pm. Thank you, you'll be receiving newsletter updates from us in your email inbox. Are you disclosing what your consortium paid for the majority stake in Univision? They acquired the company for $13.7 billion in 2007, beating out a rival bid from Televisa. 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. December 1, 2021. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. NY 10036. He also founded AdvancePath Academics, a technology-based provider of dropout recovery and alternative education solutions. Groupo Televisa and Univision Holdings said they completed the previously announced transaction that creates TelevisaUnivision Inc., the world's biggest Spanish-language media and content company. Im so proud of everything we have accomplished that has led us to this great outcome. Can you drill down and tell us what you see standing out in Univisions asset base? Davis earned a dual BA degree, with honors, in Economics & Philosophy from Williams College. Hemisphere Media Group, Platinum Equity and former Viacom CFO Wade Davis have made overtures to Univision. Thank you for signing up to Broadcasting & Cable. Dive Brief: Wade Davis, Former CFO of Viacom, has become CEO of Univision after his investment group, ForgeLight, closed on a majority stake purchase, the company announced December 29.. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. Earlier in his career, Davis spent nine years in M&A investment banking with ThinkEquity, Lazard, and Wasserstein Perella and led nearly $30B in total transactions, primarily in the tech, education and media sectors. By subscribing, I agree to the Terms of Use and Privacy Policy. Veteran media executive Wade Davis to become CEO of Univision upon closing. Biography. 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. Univision Holdings, Inc. competitors are Entravision Communications, Nexstar Media Group, TEGNA, and more. 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Salary: $4.8 Million Date of Birth: Sep 7, 1985 (37 years old) Place of Birth . Wade Davis, Univision's new CEO, named his senior management team, bringing several well-known industry executives to the Spanish-language media company. 2021-2021 Free Agent Deadline is a part of Penske Media Corporation. These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. About. Wade Davis is the Chief Executive Officer of Univision Communications Inc., the leading Hispanic media company in the United States. Continuing a . As such, Searchlight, a private investment firm founded by CEO Wade Davis, and associated entity, ForgeLight an operating and investment company focused on the media and consumer technology sectors are now the holders of shares in Univision previously held byMadison Dearborn Partners, Providence Equity Partners, TPG, Thomas H. Lee Partners,andSaban Capital Group. When you look at what the current management team has been able to accomplish in the last 18 months, its quite remarkable. Univision Miami to Host Miami-Dade County Mayoral Debate With Top Candidates Facing Off in Multi-Media Event Tonight at 5pm on Univision 23 y Radio. Show more. The oldest company is Fisher Communications, founded in 1910. . 0. When you look at what the current management team has been able to accomplish in the last 18 months, its quite remarkable, the exec said as he then looked beyond when the transaction is completed later this year to his strategic vision for the Miami-based Spanish-language media outlet. -. We welcome all corrections and feedback using the button below. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Data Fraud Is Focus To Bolster Chinas Lackluster Carbon Market, China Gives New Backing to Coal Even as Clean Energy Accelerates, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? Prior to founding ForgeLight, Davis served as EVP & CFO for Viacom, where he played a key role in driving a turnaround of the business. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. Wade Davis. He was the July 2010 American League Rookie Pitcher of the Month and was named a starting pitcher on Baseball America's 2010 All-Rookie Team. Webinars . VP, Global Broadcast Operations of TelevisaUnivision, Inc. VP of TelevisaUnivision Mexico Networks Programming, Marketing & Research. By admin. Univision Holdings, Inc. Salaries. This website is not directly or indirectly affiliated, associated, or connected in any way to Major League Baseball, the National Basketball Association, the National Football League or the National Hockey League. The new business, to be called Televisa-Univision, will have an enormous content library Televisa produced 86,000 hours of programming last year broadcast and pay-TV channels and stations . Through the 2014 season Davis has a record of 45 35 with 564 strikeouts and an ERA of 3.91. For fiscal 2006, company revenues were $2.026 billion. 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 . 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. He was in the Royals starting rotation in 2013 but moved to the bullpen where he played in 2014. Musk Made a Mess at Twitter. EVP, General Counsel & Corporate Secretary of TelevisaUnivision, Inc. President, Global Platform Strategy & Revenue of TelevisaUnivision, Inc. EVP, Corporate Development, Strategy and Transformation of TelevisaUnivision, Inc. President of TelevisaUnivision US Ad Sales & Marketing. TelevisaUnivision will be led by CEO Wade Davis, the former Viacom CFO who led a group that bought Univision last year. Will His AI Plans Be Any Different? It's a done deal. 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 Wade Davis net worth: Wade Davis is an American professional baseball player who has a net worth of $5 million. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Univision will pay $3bn in cash and $1.5bn in Univision stock, with the remainder funded by other sources. Read Also: Frontera Wines Joins Sponsors for Univisions Latin Grammys. A free inside look at Univision salary trends based on 1169 salaries wages for 507 jobs at Univision. So you take the Televisa strategic partnership, what the business is doing on their own in news, sports and tentpoles like the Latin Grammys, and starting to produce some of their own original content, and theres no question that this business has the scale thats necessary to continue to win. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. Adam Jacobson . They have no renewals for multiple years going forward. It has some of the best margins of the traditional media businesses. By Jill Goldsmith. Its important to keep in mind this wasnt the sale of the company in which you would disclose the terms of a transaction for the totality of the company.
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