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 . TelevisaUnivision. Salaries posted anonymously by Univision employees. Wade Davis Shakes Up Univision's C-Suite In A Major Way. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Wade Davis is a writer, photographer, and filmmaker whose work has taken him from the Amazon to Tibet, Africa to Australia, Polynesia to the Arctic. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Click on the different category headings to find out more and change our default settings. Specialty Preview, Ozy Media Closes In Wake Of Founder Carlos Watson Scandal, TikTok Introduces New Feature To Limit Screen Time For Teens. Already Subscribed? All Rights Reserved. And thats back to whats so unique about this business. 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. He also founded AdvancePath Academics, a technology-based provider of dropout recovery and alternative education solutions. Streamline RBR, Inc. All rights reserved. Also, by disabling these cookies you will also disable banner ads served by Google Adsense on this website.. For more information about these items, view our complete privacy policy.Read More. Adam Jacobson . wade davis univision salary. They acquired the company for $13.7 billion in 2007, beating out a rival bid from Televisa. Can you discuss your strategy focus for Univision, and specifically bringing the traditional broadcaster into the streaming-first space? Vince Sadusky has been running Univision as CEO since Randy Falco retired at the end of 2018. 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. We want to hear from you! Co-CEO of TelevisaUnivision Mexico . With that, Wade Davis succeeded Vince Sadusky as Univision's CEO. religious interview questions and answers sharleen spiteri ashley heath. In this role, he delivered total company growth across revenue, operating income, and earnings per share. Subscribe for full access to The Hollywood Reporter. Signage at Univision's Los Angeles headquarters is seen in 2016. 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Theyve done a great job of de-levering the balance sheet. The average Univision hourly pay ranges from approximately $24 per hour for an Intern - Hourly to $114 per hour for a Director. For fiscal 2006, company revenues were $2.026 billion. 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. 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. The average Univision salary ranges from approximately $49,404 per year for an Administrative Assistant to $325,473 per year for a Vice President. Today we are announcing a new, industry leading executive leadership team that exemplifies the traits of innovation, collaboration, inclusivity and accountability that will be central to our transformation. By . 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. Just about any story is fair game, if a dollar sign can make its way into the article. On December 29, Searchlight III UTDandForgeLights acquisition of a majority stake ofUnivision Holdingsformally closed. How much do Univision employees make? Chief Administrative Officer of TelevisaUnivision, Inc. Wade Davis is the Chief Executive Officer of Univision Communications Inc., the leading Hispanic media company in the United States. These cookies may be set through our site by our advertising partners. Executive Chairman of TelevisaUnivision, Inc. & Co-CEO of TelevisaUnivision Mexico. Wade Davis's net worth is $0. The latest from the Univision Sports team. Wade Davis may refer to: . 2021-2021 Free Agent However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. The liberal Spanish-media giant Univision has been sold.Media executive Wade Davis is heading up a private group to buy a majority stake in the company and will be its new CEO. 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 . The success of this turnaround paved the way for the merge of Viacom and CBS to create ViacomCBS. Bloomberg's Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to provide in-depth research and data on more than 2,000 companies and 130 industries. We view this transaction as a strong vote of confidence by Univisions new owners in Televisas insight, creativity and its place as an undisputed leader in producing high-quality Spanish-language content targeting a dynamic and growing audience demographic., Spirit Awards: 'Everything Everywhere All At Once' Takes Best Feature, 6 Other Trophies; 'The Bear', Quinta Brunson Tops In TV - Full Winners List, Will Moviegoers Lend An Ear To Children Of The Corn Remake? The context, insight and strategic content that Televisa brings to Univision have been key to the companys success., He said he has worked with Searchlight as a limited partner, board member and friend since the team founded the firm. They have no renewals for multiple years going forward. NY 10036. The lowest-paying job at Univision is an Administrative Assistant with a salary of $49,404 per year. New York, May not be copied or duplicated without express written permission. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. He is a pitcher who bats and throws right handed. . 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 . 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 . All Rights Reserved. Giant Miami-based Spanish language broadcaster. To see the rest of the Wade Davis' contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Read what they think about their salaries on our Compensation FAQ page for Univision. Wade Davis - 2021 Salary & ContractWade Davis salary is $1,250,000 per year, including a $0 signing bonus. 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. Previously he was a Board Observer on the Board of Directors of Roku, the rotational Chairman of the Rhapsody/Napster Board and on the Board of Viacom18 India. Wade is the second-cousin of former MLB player Jody Davis. Univision employees attributed a compensation and benefits rating of 3.1/5 stars to their company. 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. Davis was previously Viacom's chief . Read Also: Frontera Wines Joins Sponsors for Univisions Latin Grammys. 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. -. Its not because were trying to be evasive about it. Continuing a . Deportes Digest . You will receive a verification email shortly. 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. Wade Davis Shakes Up Univisions C-Suite In A Major Way, Sign up for our newsletters for the rest of the headlines, A Digital Sales Training Library Arrives, CP Communications Helps Accelerate Remote Production for Trans Am Series, A Wall Street Slide For iHeartMedia Shares, NAB Signs On To D.C. Plea To Stop FTC Planned Noncompete Ban, The First Certified ATSC 3.0 Upgrade Accessory Receiver Is Here, RBR+TVBR Observation: Why Local Media Wins. Career Earnings: Year Basic Salary 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. 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. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. By subscribing, I agree to the Terms of Use and Privacy Policy. Does Univision have the scale it needs in todays competitive landscape, or do you envision additional M&A to get additional scale? 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. ForgeLight and SearchLight, meanwhile, will buy a majority 64% ownership interest from all the other stockholders of the privately-held company. Pierluigi Gazzolo was named president and chief transformation officer at Univision (Image credit: Univision) Wade Davis, Univision's new CEO, named his senior management team, bringing several well-known industry executives to the Spanish-language media company. Thank you for signing up to Broadcasting & Cable. Explorer-in-Residence at the National Geographic Society from 2000 to 2013, he is currently Professor of Anthropology and the BC Leadership Chair in Cultures and Ecosystems at Risk at . Read what they think about their salaries on our Compensation FAQ page for , Get started with your Free Employer Profile, Sales Coordinator salaries - 40 salaries reported, Account Coordinator salaries - 30 salaries reported, Account Executive salaries - 28 salaries reported, Intern - Hourly salaries - 20 salaries reported, Marketing Manager salaries - 19 salaries reported, Vice President salaries - 17 salaries reported, Financial Analyst salaries - 16 salaries reported, Communications salaries - 12 salaries reported, National Account Coordinator salaries - 12 salaries reported, Executive Assistant salaries - 12 salaries reported, Video Editor salaries - 11 salaries reported, Traffic Coordinator salaries - 11 salaries reported, Marketing Coordinator salaries - 11 salaries reported, Associate Producer salaries - 10 salaries reported, Senior Software Engineer salaries - 9 salaries reported, Research Analyst salaries - 9 salaries reported. Davis on Tuesday discussed driving towards the streaming space with Univision, closing distribution deals and content spending. Its reflected in the success theyve had in renewing with all of their distributors. We welcome all corrections and feedback using the button below. Theres no question that Univision has the scale it needs to have. All information these cookies collect is aggregated and therefore anonymous. A free inside look at Univision salary trends based on 1169 salaries wages for 507 jobs at Univision. Since closing that deal, Davis has hired more than 500 people and made . MIAMI Univision Communications took to LinkedIn to officially welcome Wade Davis as its new CEO, following the completion of a transaction that sees Searchlight Capital Partners and ForgeLight take a majority interest in the nation's largest multimedia company focused on Spanish-speaking consumers. Univision. And to the extent we can talk about the strategy publicly, that something thats going to happen in due time. Wade Davis net worth: Wade Davis is an American professional baseball player who has a net worth of $5 million. ForgeLight was founded in 2019 by Wade Davis and is an operating and investment company focused on the media and . He was in the Royals starting rotation in 2013 but moved to the bullpen where he played in 2014. Visit our corporate site (opens in new tab). NEW YORK With the transition in power from Vince Sadusky to Wade Davis at Univision Communications in January 2021, a veteran sales . Mexico's media giant Grupo Televisa and U.S. Spanish-language broadcaster Univision today announced they have . wade davis univision salary. They lead not only in general, but in the categories I referenced: news, sports, music and entertainment. Learn from our experts on Hispanic consumers. * To subscribe, you must consent to Futures privacy policy. with an average yearly salary of $72,781. Univision Holdings, Inc. Salaries. 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. February 25, 2020. L to R: Alfonso de Angoitia and Wade Davis. Davis finished 4th for AL Rookie of the Year in 2010. Theyve refocused the business on the core audience. Will His AI Plans Be Any Different? Amy Tenbring and Glenn Dryfoos were promoted to co-interim general counsel at Unvision; Jessica Rodriguez will continue as CMO and Friday Abernethy was promoted to executive VP of content distribution and partnerships. 2023 Celebrity Net Worth / All Rights Reserved. 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. Davis said he is honored to be partnering with Televisa and Searchlight to help steward Univision into this next phase. That creates an incredibly stable base from which to build and innovate on. 2022: Transcript : Tikehau Capital, H1 2022 Earnings Call, Jul 28, 2022 . As expected, Davis assumed Univisions Chief Executive chair fromVince Sadusky. Theyve divested the English-language cable channels as theyve been sunset. . Wade Davis, Univision's new CEO, named his senior management team, bringing several well-known industry executives to the Spanish-language media company. All net worths are calculated using data drawn from public sources. What is Univision doing well now and what needs improvement? 9.5. Also Read: Wade Davis and Searchlight Close Deal for Majority Univision Stake. And theyve done an incredible job of refreshing their entertainment slate, with Televisa and selection productions on their own. 2022: Univision Communications Inc. completed the acquisition of Content and Media Assets . This was actually a purchase and a sale of specific shares that specific shareholders have. On Thursday, Univision reported revenue . Jon has been business editor of Broadcasting+Cable since 2010. By. It has some of the best margins of the traditional media businesses. 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 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. Davis founded ForgeLight last year. Show more. 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.. Univision Communications. Wade Davis continues as CEO of the merged company and discussed Univision's fourth quarter 2021 results with Wall Street analysts on Friday. Wade Davis. Submit. Univision Communications, the nation's largest Spanish-language media company, is nearing a sale to an investment group led by former Viacom executive Wade Davis . He played in their minor league system before making his MLB debut for the Rays in 2009 where he played through the 2012 season. The announcement said Televisa will serve as an important partner to the new ownership and management team going forward. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. From 1996 to 2006 he served as an editor at Radio & Records. Its one of the most profitable media businesses in the industry. 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. Can A Pro-Deal Website Woo FCC On TEGNA Privatization OK? These cookies are necessary for the website to function and cannot be switched off in our systems. The financial performance of the business has never been stronger in years. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. So from a financial point of view, an IPO isnt something the company needs or its not something were planning for. Our talented operating team has transformed Univision to be strategically, operationally and financially stronger than it has been in years, Sadusky said. 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. Through the 2014 season Davis has a record of 45 35 with 564 strikeouts and an ERA of 3.91. 2023 Deadline Hollywood, LLC. Wade Davis net worth: Wade Davis is an American professional baseball player who has a net worth of $5 million. Liked by Wade Davis. The national average salary for a Univision Holdings, Inc. employee in the United States is $65,488 per year. Steve Mandala. Former Viacom Inc. CFO Wade Davis is finalizing a . 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. VP, Global Broadcast Operations of TelevisaUnivision, Inc. VP of TelevisaUnivision Mexico Networks Programming, Marketing & Research. Our model gets smarter over time as more people share salaries on Glassdoor. Browse our online application for MLB, NBA, NFL, NHL, EPL, or MLS player contracts, salaries, transactions, and more. 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. Searchlight Capital Partners and ForgeLight to Acquire Majority Stake in Univision. Are you disclosing what your consortium paid for the majority stake in Univision? 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. . 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. It takes less than ten minutes to set up your company page. Davis was part of a group of private-equity investors who agreed in February 2020 to buy a majority stake in Univision. Theyve renewed one hundred percent of their distributor agreements, which is something that no other company in the industry can say. Salary Score. There was a problem. . Pierluigi Gazzolo was named president and chief transformation officer at Univision, I consent the use of my personal data in accordance with Future's. Pierluigi Gazzolo, Luis Silberwasser, Donna Speciale take posts. 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. Latest news about Wade Davis : 01/12: Transcript : Jaguar Health, Inc. - Special Call: CI. Login Here. The Davis-led investor group on Tuesday said it agreed to acquire a 64 percent majority stake in Univision for an undisclosed sum. AdvancePath was successfully sold to Graduation Alliance. 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.. Moving forward after its Jan. 31 merger to become TelevisaUnivision, U.S. Spanish-language media giant Univision reported on its final quarter before joining with Mexico's Grupo Televisa. 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Wade Davis signed a 1 year / $1,250,000 contract with the Kansas City Royals, including $1,250,000 guaranteed, and an annual average salary of $1,250,000. 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. By Jill Goldsmith. Deadline is a part of Penske Media Corporation. Giant Miami-based Spanish language broadcaster Univision is being acquired by two private investment firms, ForgeLight and Searchlight Capital Partners, and will enter a new era led by Wade Davis Wade Davis currently plays position Kansas City Royals for Kansas City Royals in Major League Baseball, the senior baseball league in the United States. Investment firms Searchlight Capital Partners, ForgeLight, founded by former Viacom CFO Wade Davis, with Mexico's Grupo Televisa . TelevisaUnivision will be led by CEO Wade Davis, the former Viacom CFO who led a group that bought Univision last year. 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. 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. Happy to announce that . Now, major changes are coming to the C-Suite. Univision already has the fledgling Prende TV ad-supported streaming service which launched March 30 as a collection of 40 live streaming channels offering 10,000 hours of programming. The Hollywood Reporter is a part of Penske Media Corporation. Wade Davis is officially Univision's new CEO. Its not something were going to disclose. Related Company Competitors. The oldest company is Fisher Communications, founded in 1910. . Wade Davis baseball stats with batting stats, pitching stats and fielding stats, along with uniform numbers, salaries, quotes, career stats and biographical data presented by Baseball Almanac. - Veteran media executive Wade Davis to become CEO of Univision upon closing . Wade Davis. It's a done deal. It has this content supply agreement from Televisa, a strategic partner, and Televisa is the largest producer of Spanish-language content in the world. Theyre the number one news platform, the number one sports platform, the number one music platform across TV, radio and live events, and they have a really powerful and differentiated content supply arrangement with Televisa, the largest Spanish-language content producer in the world. Send us a tip using our annonymous form. 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