wade davis univision salary wade davis univision salary

We welcome all corrections and feedback using the button below. Now, major changes are coming to the C-Suite. Univision Holdings, Inc. Salaries. The agreement is one of Univisions most strategic assets, giving it exclusive access to the largest Spanish-language video library in the world. The success of this turnaround paved the way for the merge of Viacom and CBS to create ViacomCBS. Browse our online application for MLB, NBA, NFL, NHL, EPL, or MLS player contracts, salaries, transactions, and more. Hemisphere Media Group, Platinum Equity and former Viacom CFO Wade Davis have made overtures to Univision. By. Former Viacom Inc. CFO Wade Davis is finalizing a . 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. May not be copied or duplicated without express written permission. 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. ForgeLight was founded in 2019 by Wade Davis and is an operating and investment company focused on the media and . 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. L to R: Alfonso de Angoitia and Wade Davis. Univision Holdings, Inc. competitors are Entravision Communications, Nexstar Media Group, TEGNA, and more. The smarter way to stay on top of broadcasting and cable industry. Adam Jacobson. Davis and Searchlight Capital Partners are expected to pay $800 million for a controlling stake in Univision. 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. Davis Board memberships include Cengage Learning, Executive Chairman of Hammerhead Navigation and the Board of Directors of Daybreak Games. These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. Because we respect your right to privacy, you can choose not to allow some types of cookies. Theyve done a great job of de-levering the balance sheet. Davis was part of a group of private-equity investors who agreed in February 2020 to buy a majority stake in Univision. Today begins a transformation for Univision. The national average salary for a Univision Holdings, Inc. employee in the United States is $65,488 per year. It takes less than ten minutes to set up your company page. 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. December 1, 2021. On December 29, Searchlight III UTDandForgeLights acquisition of a majority stake ofUnivision Holdingsformally closed. Feb. 14, 2020 2:06 PM PT. 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. with an average yearly salary of $72,781. 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. . They have no renewals for multiple years going forward. December 29, 2020 12:29pm. Our model gets smarter over time as more people share salaries on Glassdoor. Latest news about Wade Davis : 01/12: Transcript : Jaguar Health, Inc. - Special Call: CI. 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 Will His AI Plans Be Any Different? Wade C Davis is Chief Executive Officer at Univision Communications Inc. See Wade C Davis's compensation, career history, education, & memberships. CEO of TelevisaUnivision, Inc. Bernardo Gmez Martinez. NAB: 2022 Quadrennial Review A Rerun Of Unfinished 18, Dual Screen Ubiquity: A Tale Of Todays TV Viewer. Adam R Jacobson is a veteran radio industry journalist and advertising industry analyst with general, multicultural and Hispanic market expertise. 2021-2021 Free Agent This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. The average Univision hourly pay ranges from approximately $24 per hour for an Intern - Hourly to $114 per hour for a Director. The lowest-paying job at Univision is an Administrative Assistant with a salary of $49,404 per year. wade davis univision salary. . As former Viacom CFO Wade Davis, the founder of ForgeLight, gets set to become CEO of Univision Communications later this year . Wade is the second-cousin of former MLB player Jody Davis. Veteran media executive Wade Davis to become CEO of Univision upon closing. 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. 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. 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. PACIFIC GROVE, Calif., February 18, 2023--On the evening of February 13th, California American Water activated two new pump stations as part of our efforts to reduce reliance on the Carmel River. 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.. Theres no question that Univision has the scale it needs to have. Show more. There was a problem. Searchlight Capital Partners and ForgeLight to Acquire Majority Stake in Univision. By subscribing, I agree to the Terms of Use and Privacy Policy. 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. 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. 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. The latest from the Univision Sports team. Wade Davis, Univision's new CEO, named his senior management team, bringing several well-known industry executives to the Spanish-language media company. 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. The group includes . 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. 2023 The Hollywood Reporter, LLC. 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 Shakes Up Univision's C-Suite In A Major Way. 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. Visit our corporate site (opens in new tab). This documentary-style series follows investigative journalists as they uncover the truth. In this role, he delivered total company growth across revenue, operating income, and earnings per share. What wasnt expected: a major house cleaning in Univisions C-Suite. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. A look at the injuries for Wade Davis, and the financial implications. You will receive a verification email shortly. 2023 Deadline Hollywood, LLC. The community relies on everyone sharing. 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. Click on the different category headings to find out more and change our default settings. Reports of Davis's pursuit of . Univision employees attributed a compensation and benefits rating of 3.1/5 stars to their company. 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. 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. 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. Giant Miami-based Spanish language broadcaster. - Veteran media executive Wade Davis to become CEO of Univision upon closing . Univision will pay $3bn in cash and $1.5bn in Univision stock, with the remainder funded by other sources. Employees in the top 10 percent can make over $127,000 per year, while employees at the bottom 10 percent earn less than $33,000 per year. NY 10036. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago. 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 are among the smartest and most value additive investors in our industry and there is no one I would rather partner with in this transaction., Televisa co-CEOs Bernardo Gomez and Alfonso de Angoitia said the companys decision to maintain its partnership and ownership stake in Univision strongly reflects our deep confidence in Searchlight and Wades leadership, as well as the continued positive outlook we have for Univision as a long-term strategic investment. Pierluigi Gazzolo, Luis Silberwasser, Donna Speciale take posts. Send us a tip using our annonymous form. Get the latest news, stats, videos, highlights and more about relief pitcher Wade Davis on ESPN. 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. And its for sure the case that if you look at the competitive landscape, there is no high-quality differentiated OTT offering at scale. Are there any content distribution deals up for renewal on the immediate horizon? . TelevisaUnivision. Mexico's media giant Grupo Televisa and U.S. Spanish-language broadcaster Univision today announced they have . 2022: TelevisaUnivision Spanish-language streaming platform ViX to launch in March: RE. All information these cookies collect is aggregated and therefore anonymous. Davis was previously Viacom's chief . He played in their minor league system before making his MLB debut for the Rays in 2009 where he played through the 2012 season. Also Read: Wade Davis and Searchlight Close Deal for Majority Univision Stake. Submit a correction suggestion and help us fix it. 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? 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. Can A Pro-Deal Website Woo FCC On TEGNA Privatization OK? How much do Univision employees make? And in that private transaction, the details of the individual transactions are private. As expected, Davis assumed Univisions Chief Executive chair fromVince Sadusky. 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. And thats back to whats so unique about this business. Broadcasting+Cable is part of Future US Inc, an international media group and leading digital publisher. Thank you, you'll be receiving newsletter updates from us in your email inbox. 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. 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 . 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. New York, Theyve reinvested in their news platform, theyve acquired a substantial portfolio of soccer rights, which is actually the largest portfolio of soccer rights in the U.S. and in any language. Televisa elects to maintain its existing ownership stake in support of new ownership group; Televisa's Program License Agreement with Univision remains unchanged. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. VP, Global Broadcast Operations of TelevisaUnivision, Inc. VP of TelevisaUnivision Mexico Networks Programming, Marketing & Research. It's a done deal. This was actually a purchase and a sale of specific shares that specific shareholders have. Univision employees rate the overall compensation and benefits package 3.1/5 stars. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. 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. Login Here. Does Univision have the scale it needs in todays competitive landscape, or do you envision additional M&A to get additional scale? Since closing that deal, Davis has hired more than 500 people and made . Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Continuing a . Theyve renewed one hundred percent of their distributor agreements, which is something that no other company in the industry can say. Thats something that got to be built by the team and something that got to be owned by the team. Pierluigi Gazzolo was named president and chief transformation officer at Univision, I consent the use of my personal data in accordance with Future's. 9.5. 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. 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. Read Also: Frontera Wines Joins Sponsors for Univisions Latin Grammys. Wade Davis - 2021 Salary & ContractWade Davis salary is $1,250,000 per year, including a $0 signing bonus. 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 . 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. AdvancePath was successfully sold to Graduation Alliance. All Rights Reserved. Univision y Televisa juntarn sus contenidos para crear el mayor conglomerado de medios en espaol Can you drill down and tell us what you see standing out in Univisions asset base? Im so proud of everything we have accomplished that has led us to this great outcome. Davis said he is honored to be partnering with Televisa and Searchlight to help steward Univision into this next phase. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. They lead not only in general, but in the categories I referenced: news, sports, music and entertainment. 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.