Davis on Tuesday discussed driving towards the streaming space with Univision, closing distribution deals and content spending. Latest news about Wade Davis : 01/12: Transcript : Jaguar Health, Inc. - Special Call: CI. wade davis univision salary. The financial performance of the business has never been stronger in years. Each of these leaders understand the need to optimize Univisions core businesses to meet its audience where they are and evolve its content, platforms and products to reach the market in new ways, Davis said. Wade Davis was born in Lake Wales, Florida in September 1985. Today begins a transformation for Univision. Steve Mandala. As former Viacom CFO Wade Davis, the founder of ForgeLight, gets set to become CEO of Univision Communications later this year . 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 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. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. NY 10036. Submit a correction suggestion and help us fix it. Isgho Votre ducation notre priorit . These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. Wade was drafted #75 by the Tampa Bay Devil Rays in the 2004 Major League Baseball Draft. Get the latest news, stats, videos, highlights and more about relief pitcher Wade Davis on ESPN. Achieving our objectives will require new ways of working together, diversity of perspectives and in some cases new talent and skillsets. Univision Communications went private in 2007 when Haim Saban bought the company for $13.7 billion. So the management team has done a remarkable job of stabilizing the business and positioning it for growth. Executive Chairman of TelevisaUnivision, Inc. & Co-CEO of TelevisaUnivision Mexico. 2022: Univision Communications Inc. completed the acquisition of Content and Media Assets . He is a pitcher who bats and throws right handed. Univision. Univision y Televisa juntarn sus contenidos para crear el mayor conglomerado de medios en espaol However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. What is Univision doing well now and what needs improvement? Subscribe to Deadline Breaking News Alerts and keep your inbox happy. His experience includes serving as a C-Suite Fortune 100 operator, board director, investment banker and entrepreneur. Salary: All-Star: World Series: 2009 Tampa Bay Rays: 58--2010 Tampa Bay Rays: 40--2011 Tampa Bay Rays: 40--2012 Tampa Bay Rays: 40--2013 Kansas City . with an average yearly salary of $72,781. These cookies are necessary for the website to function and cannot be switched off in our systems. Theres no question that Univision has the scale it needs to have. That creates an incredibly stable base from which to build and innovate on. Standard General, Tegna Seeking FCC Review of Merger Review Order, UFC 285 PPV - Jon Jones vs. Ciryl Gane: What's On This Weekend in TV Sports (March 4-5), Puss in Boots: The Last Wish to Stream Exclusively on Peacock. Former ViacomCBS exec Pierluigi Gazzolo was named president and chief transformation officer at Univision; Luis Silberwasser, last with Telemundo, was named president of the Univision Television Networks Group; and former Turner ad sales head Donna Speciale was named president of advertising sales and marketing. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Happy to announce that . If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. What wasnt expected: a major house cleaning in Univisions C-Suite. All net worths are calculated using data drawn from public sources. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. We welcome all corrections and feedback using the button below. Univision is currently controlled by a consortium of investment groups including Madison Dearborn Partners, Providence Equity Partners, TPG, Thomas H. Lee Partners and Saban Capital Group. And if you go back to the asset base that I just described, its an incredible setup to be able to take advantage of what is a very wide open competitive landscape and a huge market opportunity. 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. Wade Davis, Univision's new CEO, named his senior management team, bringing several well-known industry executives to the Spanish-language media company. May not be copied or duplicated without express written permission. Can you discuss your strategy focus for Univision, and specifically bringing the traditional broadcaster into the streaming-first space? It's a done deal. Prior to founding ForgeLight, Davis served as EVP & CFO for Viacom, where he played a key role in driving a turnaround of the business. Wade Davis - 2021 Salary & ContractWade Davis salary is $1,250,000 per year, including a $0 signing bonus. Read Also: Frontera Wines Joins Sponsors for Univisions Latin Grammys. NAB: 2022 Quadrennial Review A Rerun Of Unfinished 18, Dual Screen Ubiquity: A Tale Of Todays TV Viewer. As expected, Davis assumed Univisions Chief Executive chair fromVince Sadusky. All Rights Reserved |, Vince Sadusky, who led the company since mid-2018, Eli Velzquez tapped to lead Telemundo Deportes, Maclovio Perez joins KAVU as chief meteorologist, Lorena Incln returns to Miami as reporter for NBC6 and Telemundo51, Elizabeth Valds retires from Telemundo network, Linda Guerrero joins Americano Media as anchor. The lowest-paying job at Univision is an Administrative Assistant with a salary of $49,404 per year. December 29, 2020 12:29pm. Univision employees attributed a compensation and benefits rating of 3.1/5 stars to their company. And thats back to whats so unique about this business. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. On Monday, Univision, which is led by CEO Wade Davis, forecast overall revenues of $634 million, down 4 percent from a year-earlier $660 million, for the three months to March 31 due to subscriber losses that were partly offset by advertising revenue rising four percent. They help us to know which pages are the most and least popular and see how visitors move around the site. Univision reportedly "nearing a sale" to investment group involving former Viacom EVP Wade Davis, at a much lower price than 2007 Univision changed hands for $13.7 billion in 2007, but seems . Browse our online application for MLB, NBA, NFL, NHL, EPL, or MLS player contracts, salaries, transactions, and more. Searchlight Capital Partners and ForgeLight to Acquire Majority Stake in Univision. Incoming CEO Wade Davis -- a former Roku board member --reportedly feels existing streamer Univision Now hasn't been sufficiently promoted, and wants to offer a service with more robust content. The smarter way to stay on top of broadcasting and cable industry. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. So the management team has taken Univision to a place of strength, and its a unique platform that we continue to build on, and look for innovation and additional growth. Subscribe for full access to The Hollywood Reporter. Use of any marks, trademarks, or logos on this website shall not constitute a sponsorship or endorsement by the trademark holder. Reports of Davis's pursuit of . Login Here. Hopefully it comes across how Im excited I am about the business in the short term, and Im going to be single-minded on working with the team to take advantage of these opportunities. By subscribing, I agree to the Terms of Use and Privacy Policy. Feb. 14, 2020 2:06 PM PT. VP, Global Broadcast Operations of TelevisaUnivision, Inc. VP of TelevisaUnivision Mexico Networks Programming, Marketing & Research. 2023 Celebrity Net Worth / All Rights Reserved. An investor group led by former Viacom CFO Wade Davis said Tuesday it has closed its acquisition of a 64 percent stake in Spanish-language media giant Univision Communications. Also Read: Wade Davis and Searchlight Close Deal for Majority Univision Stake. Thank you, you'll be receiving newsletter updates from us in your email inbox. 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. See All CEO & Executives. Get our latest storiesin the feed of your favorite networks. Wade Davis Dario Acosta/Courtesy of Viacom. This was actually a purchase and a sale of specific shares that specific shareholders have. It takes less than ten minutes to set up your company page. Theyve done a great job of de-levering the balance sheet. To see the rest of the Wade Davis' contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. 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 . Davis was previously Viacom's chief . How much do Univision employees make? . The leadership change comes as a result of the FCC approval, which paved the way for completion of the sale of a majority stake in Univision Holdings, Inc. by investment groups Searchlight Capital Partners, LP and ForgeLight LLC. Wade Davis is the Chief Executive Officer of Univision Communications Inc., the leading Hispanic media company in the United States. Univision will pay $3bn in cash and $1.5bn in Univision stock, with the remainder funded by other sources. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. * To subscribe, you must consent to Futures privacy policy. 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. Davis has given $8,300 to Democrat politicians since 2007 and is a contributor to former South Bend mayor and Democratic presidential candidate Pete Buttigieg's campaign. Related Company Competitors. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. 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. The latest from the Univision Sports team. Both Searchlight and Wade are wholly supportive of Univisions core mission to entertain, inform and empower Hispanic America and fully embrace the commitment and special bond we have with our audience. All Rights Reserved. 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. Get the latest news from Univision. As part of the acquisition, ForgeLight Chief Executive and founder Wade Davis will become CEO of Univision at the closing of the deal, Univision said. Theyre the market leader for this audience. The average Univision hourly pay ranges from approximately $24 per hour for an Intern - Hourly to $114 per hour for a Director. Wade Davis. Are you disclosing what your consortium paid for the majority stake in Univision? Already Subscribed? Wade Davis net worth: Wade Davis is an American professional baseball player who has a net worth of $5 million. 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.