Its not because were trying to be evasive about it. His experience includes serving as a C-Suite Fortune 100 operator, board director, investment banker and entrepreneur. Its not something were going to disclose. Salary: $4.8 Million Date of Birth: Sep 7, 1985 (37 years old) Place of Birth . L to R: Alfonso de Angoitia and Wade Davis. Can you drill down and tell us what you see standing out in Univisions asset base? We welcome all corrections and feedback using the button below. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Wade Davis may refer to: . Deadline is a part of Penske Media Corporation. 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. 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. All net worths are calculated using data drawn from public sources. Univision Holdings, Inc. competitors are Entravision Communications, Nexstar Media Group, TEGNA, and more. Wade Davis is officially Univision's new CEO. Wade Davis is the Chief Executive Officer of Univision Communications Inc., the leading Hispanic media company in the United States. The lowest-paying job at Univision is an Administrative Assistant with a salary of $49,404 per year. Submit. Any plans for Univision to revisit a potential IPO down the road? On December 29, Searchlight III UTDandForgeLights acquisition of a majority stake ofUnivision Holdingsformally closed. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago. . 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. 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. 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? 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. Happy to announce that . Davis founded ForgeLight last year. Theres no question that Univision has the scale it needs to have. So from a financial point of view, an IPO isnt something the company needs or its not something were planning for. All information these cookies collect is aggregated and therefore anonymous. In this role, he delivered total company growth across revenue, operating income, and earnings per share. 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 - 2021 Salary & ContractWade Davis salary is $1,250,000 per year, including a $0 signing bonus. 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. Im so proud of everything we have accomplished that has led us to this great outcome. The community relies on everyone sharing. By admin. It's a done deal. But, after gracing our screens for all of two episodes, the bubbly vet was nowhere to be seen. 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. Webinars . Through the 2014 season Davis has a record of 45 35 with 564 strikeouts and an ERA of 3.91. 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 . He takes over the reins from Vince Sadusky, who led the company since mid-2018, when he replaced Randy Falco.. 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 . All Rights Reserved. Login Here. . 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. Click on the different category headings to find out more and change our default settings. Signage at Univision's Los Angeles headquarters is seen in 2016. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. 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 . What is Univision doing well now and what needs improvement? 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. And thats back to whats so unique about this business. They help us to know which pages are the most and least popular and see how visitors move around the site. He is a pitcher who bats and throws right handed. The highest-paying job at Univision is a Vice President with a salary of $325,473 per year. 2021-2021 Free Agent Wade Davis net worth: Wade Davis is an American professional baseball player who has a net worth of $5 million. See All CEO & Executives. The move results from last week's FCC approval of the sale of a majority stake in Univision Holdings by investment groups Searchlight Capital Partners and ForgeLight LLC; Davis founded and is CEO of the latter. May not be copied or duplicated without express written permission. Pierluigi Gazzolo was named president and chief transformation officer at Univision, I consent the use of my personal data in accordance with Future's. 2022: TelevisaUnivision Spanish-language streaming platform ViX to launch in March: RE. Can you discuss your strategy focus for Univision, and specifically bringing the traditional broadcaster into the streaming-first space? Wade Davis' new investment fund just became part owner of Univision in a deal expected to close late summer with the . The average Univision hourly pay ranges from approximately $24 per hour for an Intern - Hourly to $114 per hour for a Director. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. 0. Veteran media executive Wade Davis to become CEO of Univision upon closing. 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 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. Davis finished 4th for AL Rookie of the Year in 2010. Partnered with the USA TODAY Sports Media Group|Powered by, Signed a minor league contract with Kansas City (KC), Signed a 3 year $52 million contract with Colorado (COL), including a vesting option for 2021, Chicago (CHC) extended a $17.4 million Qualifying Offer for 2018, Traded to Chicago (CHC) from Kansas City (KC) for, Kansas City (KC) exercised a $10M option for 2017, Kansas City (KC) exercised an $8 million option for 2016, Kansas City (KC) exercised a $7 million option for 2015, Traded to Kansas City (KC) from Tampa Bay (TB) with, Signed a 4 year $12.6 million contract with Tampa Bay (TB), Signed a 1 year $404k contract with Tampa Bay (TB), Signed a 1 year $400k contract with Tampa Bay (TB), Drafted by Tampa Bay (TB): Round 3 (#75 overall), Drafted by Tampa Bay (TB): Round 3 (#75overall). February 25, 2020. They have no renewals for multiple years going forward. How much do Univision employees make? 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. The latest from the Univision Sports team. 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. The agreement is one of Univisions most strategic assets, giving it exclusive access to the largest Spanish-language video library in the world. They lead not only in general, but in the categories I referenced: news, sports, music and entertainment. 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 . Isgho Votre ducation notre priorit . Davis was part of a group of private-equity investors who agreed in February 2020 to buy a majority stake in Univision. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. Wade Davis Dario Acosta/Courtesy of Viacom. Davis Board memberships include Cengage Learning, Executive Chairman of Hammerhead Navigation and the Board of Directors of Daybreak Games. Career Earnings: Year Basic Salary Wade Davis. - Veteran media executive Wade Davis to become CEO of Univision upon closing . Sex/Life Star Adam Demos Explains Scaled Back Role in Season 2, Lionsgate Dealmakers Michael Burns, Brian Goldsmith Extend Contracts, Jefferson White, Adeline Rudolph Join Hellboy Movie The Crooked Man, Jonathan Krisel in Talks to Direct Pokmon: Detective Pikachu Sequel, Investor Group to Acquire Majority Stake in Univision, Wade Davis to Become CEO, Women Dominate Acting Winners at First Gender-Neutral Independent Spirit Awards, Guest Column: Alec Baldwins Rust Prosecutors Should Do Their Talking in Court, Sofia Carson on Preparing to Perform With Diane Warren at the Oscars: I Still Pinch Myself, Miley Cyrus to Perform Songs From New Album on Disney+ Special Miley Cyrus Endless Summer Vacation (Backyard Sessions), Guns N Roses, Arctic Monkeys Join Elton John as Headliners of Glastonbury Festival, Novelist Julianna Baggott Launches Production Banner, Star Hairstylist Jen Atkin Reveals Must-Have Hair Tools, Tutorials and Pro Tips In New MasterClass, Rihannas Puma x Fenty Is Coming Back Heres Where You Can Still Buy Those Cult-Fave Creepers, The Best Bridesmaid Dresses for Every Budget, From Under-$100 Gowns to Hollywood-Inspired Classics, BTS Army: Heres When and Where Legos Dynamite-Inspired Set Arrives Online and In Stores, The Big Lebowski Turns 25: People Didnt Get It, Jeff Bridges Recalls, How the Landscape of Native-Led Stories Has Changed Between Avatars: Were Flexing Our Sovereignty, The Definitive Voice of Entertainment News. Univision employees rate the overall compensation and benefits package 3.1/5 stars. . When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Wade Davis, Univision's new CEO, named his senior management team, bringing several well-known industry executives to the Spanish-language media company. December 1, 2021. Vince Sadusky has been running Univision as CEO since Randy Falco retired at the end of 2018. Achieving our objectives will require new ways of working together, diversity of perspectives and in some cases new talent and skillsets. Salaries posted anonymously by Univision employees. 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. ForgeLight was founded in 2019 by Wade Davis and is an operating and investment company focused on the media and . 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 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. Browse our online application for MLB, NBA, NFL, NHL, EPL, or MLS player contracts, salaries, transactions, and more. Biography. Davis earned a dual BA degree, with honors, in Economics & Philosophy from Williams College. Read Also: Frontera Wines Joins Sponsors for Univisions Latin Grammys. 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. Sign up below. Related Company Competitors. Jon has been business editor of Broadcasting+Cable since 2010. Our model gets smarter over time as more people share salaries on Glassdoor. 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. Thank you, you'll be receiving newsletter updates from us in your email inbox. 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. Wade was drafted #75 by the Tampa Bay Devil Rays in the 2004 Major League Baseball Draft. About. ForgeLight and SearchLight, meanwhile, will buy a majority 64% ownership interest from all the other stockholders of the privately-held company. Former Viacom Inc. CFO Wade Davis is finalizing a . 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 . Theyve renewed one hundred percent of their distributor agreements, which is something that no other company in the industry can say. These cookies are necessary for the website to function and cannot be switched off in our systems. Wade Davis Shakes Up Univision's C-Suite In A Major Way. Televisa has a shared history with Univision dating back many years and a deep strategic relationship today. Adam Jacobson. Univision y Televisa juntarn sus contenidos para crear el mayor conglomerado de medios en espaol Televisas crucial program license agreement with Univision will remain in effect and will not expire unless Televisa voluntarily sells down a substantial portion of its ownership stake, at which point the agreement would still remain in place for an additional seven and a half year years. Executive Chairman of TelevisaUnivision, Inc. & Co-CEO of TelevisaUnivision Mexico. wade davis univision salary. He also founded AdvancePath Academics, a technology-based provider of dropout recovery and alternative education solutions. These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. The smarter way to stay on top of broadcasting and cable industry. . 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. Pierluigi Gazzolo, Luis Silberwasser, Donna Speciale take posts. The financial performance of the business has never been stronger in years. So the management team has done a remarkable job of stabilizing the business and positioning it for growth. With that, Wade Davis succeeded Vince Sadusky as Univision's CEO. Are there any content distribution deals up for renewal on the immediate horizon? Does Univision have the scale it needs in todays competitive landscape, or do you envision additional M&A to get additional scale? 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. Adam Jacobson . Wade Davis, Univision chief executive . And to the extent we can talk about the strategy publicly, that something thats going to happen in due time. Investment firms Searchlight Capital Partners, ForgeLight, founded by former Viacom CFO Wade Davis, with Mexico's Grupo Televisa announced Tuesday they've completed the acquisition of giant . 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 . 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. December 29, 2020 12:29pm. That creates an incredibly stable base from which to build and innovate on. Future US, Inc. Full 7th Floor, 130 West 42nd Street, February 25, 2020 9:03am. 9.5. 2023 Celebrity Net Worth / All Rights Reserved. . 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. 2023 The Hollywood Reporter, LLC. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. The announcement said Televisa will serve as an important partner to the new ownership and management team going forward. The group includes . 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. Today begins a transformation for Univision. NY 10036. Liked by Wade Davis. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. 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. A look at the injuries for Wade Davis, and the financial implications. Steve Mandala. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. All Rights Reserved. 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. Feb. 14, 2020 2:06 PM PT. It takes less than ten minutes to set up your company page. For fiscal 2006, company revenues were $2.026 billion. 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. And in that private transaction, the details of the individual transactions are private. Thats something that got to be built by the team and something that got to be owned by the team. Univision employees attributed a compensation and benefits rating of 3.1/5 stars to their company. Broadcasting+Cable is part of Future US Inc, an international media group and leading digital publisher. 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. There was a problem. Read what they think about their salaries on our Compensation FAQ page for Univision. Wade Davis net worth: Wade Davis is an American professional baseball player who has a net worth of $5 million. Now, major changes are coming to the C-Suite. Wade Davis's net worth is $0. Salary Score. VP, Global Broadcast Operations of TelevisaUnivision, Inc. VP of TelevisaUnivision Mexico Networks Programming, Marketing & Research. Specialty Preview, Ozy Media Closes In Wake Of Founder Carlos Watson Scandal, TikTok Introduces New Feature To Limit Screen Time For Teens. Davis and Searchlight Capital Partners are expected to pay $800 million for a controlling stake in Univision. 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. Media executive Wade Davis is heading up a private group to buy a majority stake in the company and will be its new CEO. Just about any story is fair game, if a dollar sign can make its way into the article. Wade is the second-cousin of former MLB player Jody Davis. Reports of Davis's pursuit of . . 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. Univision Communications went private in 2007 when Haim Saban bought the company for $13.7 billion. 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. Get the latest news, stats, videos, highlights and more about relief pitcher Wade Davis on ESPN. Univision Communications. Use of any marks, trademarks, or logos on this website shall not constitute a sponsorship or endorsement by the trademark holder. 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. TelevisaUnivision will be led by CEO Wade Davis, the former Viacom CFO who led a group that bought Univision last year. They acquired the company for $13.7 billion in 2007, beating out a rival bid from Televisa. The Davis-led investor group on Tuesday said it agreed to acquire a 64 percent majority stake in Univision for an undisclosed sum. As former Viacom CFO Wade Davis, the founder of ForgeLight, gets set to become CEO of Univision Communications later this year . Our talented operating team has transformed Univision to be strategically, operationally and financially stronger than it has been in years, Sadusky said.