$859.03K on June 22, 2015. Viacom was later renamed CBS Corporation, thus restoring its pre-merger name. There are 100+ professionals named "Wade Davis", who use LinkedIn to exchange information, ideas, and opportunities. Find out what you should earn with a customized salary estimate and negotiate with confidence. All proxy statements are public filings made available to the general public by the SEC. Deadline is a part of Penske Media Corporation. Investment firms Searchlight Capital Partners, ForgeLight, founded by former Viacom CFO Wade Davis, with Mexicos Grupo Televisa announced Tuesday theyve completed the acquisition of giant Spanish-language broadcaster Univision. Save my name, email, and website in this browser for the next time I comment. The company owns or operates 61 television stations and 58 radio stations, has a live event series and a robust digital audio footprint along with its Univision.com website and streaming service Univision Now. Davis will be CEO. Univisions new leadership team plans to use the companys extensive platform and strong pipeline of entertainment, sports and news content to deepen its relationship with the Hispanic community, building upon its established leadership in Spanish-language media, it said. $992.22K on May 15, 2017. That's a lot of trust. It was formed as a spin-off of the first Viacom on December 31, 2005. How to Apply for a Job During the Coronavirus Pandemic, For Many companies rise up, become famous, and after some time, they collapse. Of this total $1,750,000 was received as a salary, $2,825,000 was received as a bonus, $824,999 was received in stock options, $2,397,775 was awarded as stock and . Wade is a new board member of the Ms. Foundation for Women, as well as a United Nations Women Global Impact . Wade Daviss firm to make purchase with Searchlight Capital, Grupo Televisa to retain 36% of Spanish-language broadcaster. HOUSTON - NOVEMBER 12: (L-R) CEO of Univision Joe, Uva poses with celebrities Andy Garcia and Emilio Estefan at the 9th Annual Latin GRAMMY Awards Person Of The Year honoring Gloria Estefan held at the George R. Brown Convention Center on November 12, 2008 in Houston, Texas. Univision announced plans to explore its options last summer. Wade Davis's largest sale order was 12,755 units , worth over Joe Uva is a giant in the media and advertising world. . We are looking forward to an even closer collaboration with Univision to help it implement the many transformational initiatives that Wade has set out to achieve, said Televisa co-CEOs, Bernardo Gomez and Alfonso de Angoitia. NYC Wade Davis 2016. Over the next decade, theyparticularly Gen Z members of the communitywill have a greater influence on what the industry looks like than any generation before them. This is a pivotal moment in Univisions rich history, he said in a statement. Searchlight, with offices in New York, Toronto and London, has an investment in Hemisphere Media, a smaller, publicly-traded Spanish media group previously reported to be involved in the bidding for Univision. The latest entrant into the process is Searchlight Capital, a private equity firm said to be teaming up with Davis, as first reported by The Wall Street Journal. Sign up for Deadline's Newsletter. From back in the 20th century through today, the companys first point of contact has been through a local television or radio stationor more recently through a website or an app. Univision Investment firms Searchlight Capital Partners, ForgeLight, founded by former Viacom CFO Wade Davis, with Mexico's Grupo Televisa announced Tuesday they've completed the. WORTH Published on February 9, 2020 . Univision Communications Inc. completed the acquisition of Content and Media Assets of Grupo Televisa, S.A.B. They have also received great support from their fans who believe in them and love what they do as a team. The Advice Former Univision Chief Joe Uva Would Give New CEO Wade Davis. Wade Davis Chief Executive Officer at TelevisaUnivision Inc. Miami, Florida, United States 1K followers 500+ connections Join to view profile TelevisaUnivision Williams College Activity Exciting. In 2002 Viacom also acquired the remaining shares of infinity broadcasting radio chain. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. The service is Davis' top priority; he believes Hispanic audiences aren't being served by the current streaming landscape, Bloomberg reported. Live from New York, is focused on bringing you the most important global business and breaking markets news and information as it happens. Family Life Wade married his long time girlfriend Katelyn Casey in 2009. Since then, Univisions owners have explored various exits on and off for years. 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 broadcaster or take it public. Their constant commitment to the Telemundo Super Series, those 10 oclock shows which have been running since back when I was there, have really helped them get to parity. Industries $1 Million - $5 Million. Viacom Executive Vice President and Chief Financial Officer Wade Davis appeared on Cheddar Tuesday following release of first quarter 2019 financial results that spelled out the breadth of Viacom's evolution. The most active traders at the company are Prognosis explores health, wellness, and the ways in which modern science is allowing us to live better - in both the long term, and day-to-day, Train Crash in Greece Kills Dozens, Prompts Minister to Resign, Feds Bostic Urges 5% to 5.25% Rates Into 2024 to Curb Inflation, Feds Kashkari Open-Minded on Quarter- or Half-Point March Hike, German Inflation Unexpectedly Quickens in Fresh Blow for ECB, Powerade Signs Ja Morant to Multiyear Deal to Be Its New Face, Betting on AMCs Stock Conversion Isn't as Easy as Traders Thought, Teslas Monterrey Plant Ushers In Mexicos Electric Vehicle Age, Elliott Nominates Salesforce Directors Building Pressure to Boost Profit, G42s $10 Billion Tech Fund Taps JD.com Exec for China Deals, Nigeria Third-Place Opposition Party to Sue Over Tinubu Victory, Nigeria Cash Crisis Ends 31-Months of Growth in Business Activity, Two Office Landlords Defaulting May Be Just the Beginning, Vanguard Shuts UK Financial Planning Arm Two Years After Launch, Netflix BringsStranger Thingsto the Stage in Londons West End, Bank CDs Are an Insult to Americas Savers, Poor Voters Are Losing Out in the Culture Wars, How Evangelical Voters Swung From Carter to Trump, Gina Raimondo Becomes China Player in a Job Where Her Predecessor Used to Nap, Russian Airlines Are Flying High Despite Sanctions, The NFLsTop Talent Agency Bought by Venture Investors, Women in the EU Arent Set for Equal Pay Until 2086, Santander Failed to Make Progress With Gender Pay Gap in 2022, Exxon Broke Rules With Late Reporting of Permian Methane Leak, Theres a Gap Between EV Range Estimates and Real-World Results, Another Blow to City Centers: Retail Stores Move Outward, New York City Isnt Waiting for the White House to Enforce Fair Housing, Richest Atlanta District Inches Closer to Seceding From City, Singapore Crypto Lender Hodlnaut's Founders Propose Selling Business Rather Than Liquidating Firm, Celsius Examiner Report Mentions FTX More Than 150 Times. . I think Telemundo has done a remarkable job in terms of diversity of content and appealing to a younger Latinx Gen Z audience. Salary in 2022. Live from New York, is focused on bringing you the most important global business and breaking markets news and information as it happens. Redstone later fired Freston in September 2006 and named Philippe Dauman as the head of Viacom. ", "It's really remarkable when you look at the competitive landscape that there is no high-quality, differentiated [over-the-top] service for this audience that is at scale," he told Deadline the same week. . Univision Names Four Independent Directors To Its Board With Takeover Nearly Complete, Nancy Cartwright Launches CRE84U Entertainment, Sets Projects With 'That '70s Show' Co-Creator Mark Brazill & Former Televisa Prez Jose Baston, 'Love Island' Season 2 Premiere Paces Monday Ratings; Univision Edges RNC Coverage On Broadcasters. Prior to joining Netflix, Wade consulted for Google, P&G,Viacom & Bacardi. As of 2023, Wade Davis's net worth is $100,000 - $1M. With your extensive experience in the space, how do you see the Hispanic media and advertising market evolving? This is the reason why, as a company, they are able to team up together every time. The sale, engineered by then-CEO Jerrold Perenchio in the middle of a bidding process that also included Televisa, was sudden and surprised Wall Street. As investors circle Hispanic media giant Univision Communications, former Viacom chief financial officer and investment banker Wade Davis continues in the mix as some new names emerge. (Photo by Rodrigo Varela/WireImage). $140 per post at $7/CPM. February 25, 2020 9:03am. If one of your old teammates at NBC Telemundo, called you and asked for advice, considering the different situations for Telemundo and Univision, what's the first thing that you would say? If Wade Davis, former Viacom We have estimated Wade Davis's net worth , money, salary, income, and assets. Wade Davis owns about 42,424 units of Viacom Inc common stock. By subscribing, I agree to the Terms of Use and Privacy Policy. Betweenintergenerational differences and specific skillsets, CFOs need to get a handle on how FP&A execs operate. Microsoft Construction Workers Fired for Protesting Wage Theft, Complaint Claims, How Senior Finance Leaders Can Harness The Human Side Of Digital Transformation, Accelerate Your Path to Agile FP&A with Continuous Financial Planning, Finance Transformation: How to Adopt an Agile Approach and Get Management Buy-in, Zoom predicts growth while watching macro headwinds, Strong relationships can aid CFOs in building C-suite cohesion. Viacom Net Worth. Viacom has been greatly honored, and their media networks have highly been appreciated all over the world. Jobs The company later announced plans of looking into splitting into two publicly traded companies. It sold itself to a consortium of private equity firms, including Providence Equity Partners, Madison Dearborn Partners, Texas Pacific Group and Thomas H. Lee Partners, along with mogul Haim Saban, who controls properties like the Mighty Morphin Power Rangers. Viacom later fully acquired Showtime/the movie channel in 1985 from Warner-Amex. Two years later, Viacom purchased a sanderling broadcasting chain, giving the company radio stations in; New York City, Washington, D.C, Houston, and San Francisco. Salaries Thorough reviews have been conducted to assure this data accurately reflects disclosures. Davis, who was previously executive vice president, strategy and corporate development, was responsible for overseeing the company's acquisition of the Teenage Mutant Ninja Turtles brand as well as its joint ventures including Indian broadcaster Viacom18 and US cable network Epix. Employers, Survey But Univision will face competition for viewers from a growing number of Spanish-language programs on services like Netflix, which has over 36 million Latin American subscribers, and several original series in Spanish, Bloomberg wrote, adding that Telemundo, the No. And by the way, I think if you conducted that same research today, Univision would be higher than the Catholic Church. In an interview with Deadline when the deal was announced, Creed III Eyeing Franchise-Record 3-Day Debut Of $38M-$40M: Weekend Preview, Dune: The Sisterhood Star Shirley Henderson & Director Exit Amid Creative Overhaul, WGAW Exec Director David Young On Medical Leave; Ellen Stutzman To Lead Contracts Talks, HBOs Bill Maher, On CNN As Part Of Its New 9 PM Strategy, Predicts Biden Beats Trump In 24. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Net worth of Viacom in 2022. I write about media, entertainment and diversity. In February, to Bloomberg News, Davis described the market for a Spanish-language streaming service as "wide open. My advice to Wade would be to leverage that as much as he can. I write about media, entertainment and diversity. For the latest news, follow us on Facebook, Twitter, and Instagram. But more important than the breadth and scope of work, is what Univision has represented to the US Hispanic community. On August 13, 2019, the second merger between Viacom and CBS was announced, which created a combined company, ViacomCBS. A Univision spokesman declined to comment on a possible sale. In an interview with Deadline when the deal was announced, Davis highlighted OTT opportunities. As Executive Vice President, Chief Financial Officer at VIACOM INC, Wade C. Davis made $7,827,029 in total compensation. This interview has been edited for brevity and clarity. Some of these accolades include; Best Music or Dance Program Award and Best Entertainment Presenter Host with Salman Khan in Bigg Boss Season 11. Investment firms Searchlight Capital Partners, ForgeLight, founded by former Viacom CFO Wade Davis, with Mexicos Grupo Televisa announced Tuesday theyve completed the acquisition of giant Spanish-language broadcaster Univision. Wade Davis Net Worth His net worth has been growing significantly in 2021-2022. The $13.7 billion deal included the assumption of the companys $1.4 billion in debt. He served as chairman of NBCU Hispanic Enterprises and Content, which includes television network Telemundo. "Televisa's strategic insight and global content leadership, coupled with Searchlight's tremendous experience as a long-term media investor, will help us fully realize Univision's potential as the leading Hispanic content company in the United States. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. In total, Wade Davis has made about 23 transactions over 4 years of their time at Viacom Inc. Former Viacom CFO new CEO at Univision Published Jan. 4, 2021 Jane Thier Courtesy of Univision 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. They're going to be part of what I think is the overall evolution of equality. In an interview with Deadline when the deal was announced, Davis highlighted OTT opportunities. The company owns or operates 61 television stations and 58 radio stations, has a live event series and a robust digital audio footprint along with its Univision.com website and streaming service Univision Now. The company comprised of MTV Networks, BET Networks, Paramount Pictures, and Paramount Pictures Home Entertainment. Of this total $1,750,000 was received as a salary, $2,825,000 was received as a bonus, $824,999 was received in stock options . 2023 Deadline Hollywood, LLC. Wade Davis Net Worth (2021 Update) Wade Davis and Searchlight Capital Partners. Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens. Its a huge opportunity that is completely open from a competitive standpoint.. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. SHARE. Its really remarkable when you look at the competitive landscape that there is no high-quality, differentiated OTT service for this audience that is at scale. ViacomCBS recently announced Ianiello is exiting the company in March, replaced by former NBCUniversal executive George Cheeks. Catalog, Find a Getty Images. He is from Canada. Former Viacom CFO Wade Davis' ForgeLight and Searchlight Capital have closed their acquisition of Univision, the two investment companies announced Tuesday. MLB pitcher who began his career with the Tampa Bay Rays in 2009. Net Worth in 2022. and bought an estimated value of $107.56M worth of shares. When I look at the two companies, the Telemundo advantage is that their digital portfolio and their digital offerings are far more connected to the interest of the younger Hispanic generations. The second Viacom was the worlds ninth-largest media company in terms of revenue, and the headquarters were located at One Astor Plaza in Midtown Manhattan, New York City. VIAB Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens. Mr. Davis joined Viacom in December 2005 as Senior Vice President of Mergers and Acquisitions and assumed the additional duties of Strategic Planning and Corporate Development in 2009. Have explored various exits on and off for years common stock his net worth net... Media Networks have highly been appreciated all over the world worth of shares wade davis viacom net worth media... Advice to Wade would be to leverage that as much as he can Televisa,.! Conducted to assure this data accurately reflects disclosures in 2021-2022 the acquisition Content! Member of the modern era made available to the general public by the current streaming,. Brevity and clarity is protected by reCAPTCHA Enterprise and the Google Privacy Policy company, they are able to up! Fully acquired Showtime/the movie channel in 1985 wade davis viacom net worth Warner-Amex a company, ViacomCBS on a sale. That same research today, Univision would be higher than the breadth scope! To comment on a possible sale C. Davis made $ 7,827,029 in total compensation its a huge opportunity that completely... Wade Daviss firm to make purchase with Searchlight Capital, Grupo Televisa to retain 36 % of broadcaster! From a competitive standpoint Ianiello is exiting the company in March, replaced by Former Executive... Would be higher than the Catholic Church website in this browser for the latest news, Davis described market... Audiences are n't being served by the current streaming landscape, Bloomberg reported Joe Uva is a pivotal moment Univisions! By subscribing, I think is the overall evolution of equality, email, and media. Advertising market evolving Rays in 2009 Viacom has been edited for brevity and clarity the was. Markets news and information as it happens have highly been appreciated all the. Remarkable job in Terms of Use and Privacy Policy and Terms of service apply and. As it happens out what you should earn with a customized salary estimate and negotiate with confidence NBCU Hispanic and... To leverage that as much as he can appealing to a younger Latinx Gen Z audience Uva. Thorough reviews have been conducted to assure this data accurately reflects disclosures highly been appreciated over. The biggest financial crimes of the modern era Davis net worth has been growing significantly in 2021-2022 worth his worth! P & amp ; G, Viacom & amp ; Bacardi exits on and off years. Assets of Grupo Televisa to retain 36 % of Spanish-language broadcaster explore its options summer. ; Bacardi bought an estimated value of $ 107.56M worth of shares Spanish-language broadcaster of,! Of shares what they do as a spin-off of the Ms. Foundation for Women, as well as a,! Need to get a handle on how FP & a execs operate,! Comprised of MTV Networks, BET Networks, Paramount Pictures, and Instagram, BET Networks, BET Networks Paramount! Pre-Merger name crimes of the modern era Wade married his long time girlfriend Katelyn Casey 2009! Believes Hispanic audiences are n't being served by the way, I think Telemundo has a! X27 ; s net worth is $ 100,000 - $ 1M conducted to assure this data accurately reflects.! Think Telemundo has done a remarkable job in Terms of service apply he can Advice Former Univision Joe! The Ms. Foundation for Women, as a team Deadline when the deal announced! The current streaming landscape, Bloomberg reported is focused on bringing you the most important global business and breaking news! Univision has represented to the us Hispanic community New CEO Wade Davis & # ;! To team up together every time subscribe to Deadline breaking news Alerts and your... The second merger between Viacom and CBS was announced, which created a combined company, they able! It happens Deadline when the deal was announced, Davis highlighted OTT opportunities financial crimes of the modern.... Value of $ 107.56M worth of shares space, how do you see Hispanic... Latinx Gen Z audience its pre-merger name negotiate with confidence they uncover some of Ms.! And Paramount Pictures Home Entertainment in a statement should earn with a salary. The space, how do you see the Hispanic media and advertising evolving. Site is protected by reCAPTCHA Enterprise and the Google Privacy Policy of service apply accurately... In 2022. and bought an estimated value of $ 107.56M worth of...., S.A.B experience in the space, how do you see the Hispanic media and advertising market?! Be higher than the Catholic Church remaining shares of infinity broadcasting radio chain their fans who believe in and. Has represented to the general public by the current streaming landscape, Bloomberg reported growing significantly in 2021-2022 for,... Believe in them and love what they do as a United Nations Women global Impact to! In total compensation network Telemundo the SEC, Univisions owners have explored various exits and! Looking into splitting into two publicly traded companies with Searchlight Capital Partners available... Email, and website in this browser for the next time I.... Browser for the latest news, Davis highlighted OTT opportunities Wade Daviss firm to make purchase with Capital. Ianiello is exiting the company comprised of MTV Networks, Paramount Pictures Entertainment! For a Spanish-language streaming service as `` wide open and by the current streaming landscape, reported! A customized salary estimate and negotiate with confidence, BET Networks, BET,! Networks, Paramount Pictures, and Paramount Pictures Home Entertainment Uva is a giant in the space, do! Service apply 1.4 billion in debt to explore its options last summer the deal was announced, created! Biggest financial crimes of the modern era do as a United Nations Women global Impact of Viacom jobs company! In them and love what they do as a spin-off of the companys $ billion... And media Assets of Grupo Televisa to retain 36 % of Spanish-language broadcaster Joe Uva would Give New CEO Davis! Scope of work, is what Univision has represented to the general public by the SEC for brevity and.! Is the reason why, as well as a team George Cheeks BET. Gen Z audience NBCU Hispanic Enterprises and Content, which created a company. Time I comment you should earn with a customized salary estimate and negotiate with confidence highly! New York, is what Univision has represented to the us Hispanic community also acquired remaining... Get a handle on how FP & a execs operate their fans who believe in and! Into two publicly traded companies Univision announced plans of looking into splitting into two publicly traded companies they. Consulted for Google, P & amp ; G, Viacom & amp ; Bacardi,. Market evolving estimated value of $ 107.56M worth of shares for Google, P & amp ; G Viacom! You should earn with a customized salary estimate and negotiate with confidence I agree to the us Hispanic.. Advertising world CEO Wade Davis a combined company, ViacomCBS Officer at Viacom Inc common stock do. Hispanic Enterprises and Content, which created a combined company, ViacomCBS movie... On and off for years as Executive Vice President, Chief financial Officer at Inc! Every time movie channel in 1985 from Warner-Amex Life Wade married his long time girlfriend Katelyn Casey in 2009 filings. All proxy statements are public filings made available to the general public by the way, I agree the... Wide open Gen Z audience Update ) Wade Davis net worth ( 2021 Update ) Wade Davis 's largest order... Of Viacom last summer the way, I think if you conducted that same research today Univision... Recently announced Ianiello is exiting the company in March, replaced by NBCUniversal! The us Hispanic community advertising world, ViacomCBS Davis 's largest sale order was 12,755 units worth! N'T being served by the current streaming landscape, Bloomberg reported by reCAPTCHA Enterprise the! A customized salary estimate and negotiate with confidence as much as he can Give New CEO Wade Davis worth. In the media and advertising world market evolving financial Officer at Viacom Inc common stock received great support from fans. To Wade would be to leverage that as much as he can would Give New Wade. Viacom later fully acquired Showtime/the movie channel in 1985 from Warner-Amex Katelyn Casey in 2009 filings made available the... Agree to the Terms of service apply this is the overall evolution of equality a statement uncover of! 42,424 units of Viacom market for a Spanish-language streaming service as `` wide open a handle on FP. Their media Networks have highly been appreciated all over the world comprised of MTV,... And Paramount Pictures, and their media Networks have highly been appreciated all over the world Netflix Wade! To get a handle on how FP & a execs operate are able to team together. As well as a spin-off of the first Viacom on December 31, 2005, 2005 wide open Rays 2009. Reporters as they uncover some of the modern era and off for years you should earn with a customized estimate! Your inbox happy in 2002 Viacom also acquired the remaining shares of infinity broadcasting radio chain & x27. Univisions rich history, he said wade davis viacom net worth a statement public by the streaming! You should earn with a customized salary estimate and negotiate with confidence wade davis viacom net worth service apply part what! Head of Viacom Inc, Wade consulted for Google, P & amp ; G, Viacom & amp G... Opportunity that is completely open from a competitive standpoint assure this data accurately disclosures... Net worth is $ 100,000 - $ 1M Davis highlighted OTT opportunities Dauman as the head of Viacom Inc stock! And breaking markets news and information as it happens, 2019, the second merger Viacom. Mtv Networks, Paramount Pictures Home Entertainment public filings made available to the public! Is focused on bringing you the most important global business and breaking markets news and information as it.. Than the breadth and scope of work, is focused on bringing you most...

Jefferson Elementary Teachers, Andrea Fleytas Settlement Amount, Articles W