By subscribing, I agree to the Terms of Use and Privacy Policy. Then research and compare average salaries by company, job title, and location. Take a look at the YouTube channels and youll see some of the truly brilliant content that's being created by Gen Z Hispanics. $4.8 Million Wade Davis net worth: Wade Davis is an American professional baseball player who has a net worth of $5 million. You may also find the annual proxy statement by going directly to the company's website. In an interview with Deadline when the deal was announced, Davis highlighted OTT opportunities. What is Wade Davis's Net Worth? Use of Data / DisclaimerThe information shown here is a reporting of information included in the company's proxy statement. Former Viacom CFO Wade Davis' ForgeLight and Searchlight Capital have closed their acquisition of Univision, the two investment companies announced Tuesday. Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens. Wade Davis Social Network Timeline 2015 The current estimated net worth of Viacom Inc's EVP, Wade Davis, is estimated to be about $1.65M . Matt Beake, a spokesman for Liberty Global in London, told Deadline last month, This is a small investment that Liberty Global Ventures is exploring. He specified that any transaction would go through Liberty Global Ventures, the investment arm of Liberty Global. Wade Davis's income source is mostly from being a successful Writer. Streaming has been a mainstay of Davis' career. We want to hear from you! It will truly be an evolution. Opinions expressed by Forbes Contributors are their own. Between 2015 and 2018, he served as a board member of streaming device giant Roku. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. MLB pitcher who began his career with the Tampa Bay Rays in 2009. This General Release of all Claims (this "Agreement") is entered into by Wade Davis (the "Executive") and Viacom Inc. . I think Telemundo has done a remarkable job in terms of diversity of content and appealing to a younger Latinx Gen Z audience. $200 per post at $10/CPM. They also had one television station, WAST, in Albany, New York. Salaries Stay competitive with the world's most innovative compensation software Grow and expand for the well-being of the communityand also for marketers. Univision announced plans to explore its options last summer. Deadline is a part of Penske Media Corporation. This information is according to proxy statements filed for the . Viacom Inc's most recent insider trade came on May 15, 2017 by 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 . 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. $992.22K . Send us a tip using our annonymous form. The company has generated its revenue through fees from the distribution of programming and program services. They're going to be part of what I think is the overall evolution of equality. Why? Charles E. Phillips, Jr., Director, 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. Companies This is a pivotal moment in Univisions rich history, he said in a statement. Its a huge opportunity that is completely open from a competitive standpoint.. articles a month for anyone to read, even non-subscribers! This is a pivotal moment in Univisions rich history, he said in a statement. Net worth of Viacom in 2022. Get the free daily newsletter read by industry experts. (BMV:TLEVISA CPO) for approximately $5.2 billion. Wade Davis. . He left when the Viacom-CBS merger closed last December after recently garnering plaudits for bringing Pluto TV into the Viacom fold, considered a prescient deal given the intense industry focus on streaming. I write about media, entertainment and diversity. Malones Liberty Global had also considered joining the bidding. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 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. 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. Viacoms first broadcast-station acquisition was in 1978 when the company bought WHNB-TV in new Britain, Connecticut changing its call letters to WVIT. Also. February 25, 2020 9:03am. ViacomCBS recently announced Ianiello is exiting the company in March, replaced by former NBCUniversal executive George Cheeks. Let CFO Dive's free newsletter keep you informed, straight from your inbox. 2023 Deadline Hollywood, LLC. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. How to Apply for a Job During the Coronavirus Pandemic, For Viacom promotes Wade Davis to CFO. Signup for Breaking News Alerts & Newsletters. In the 1970s and 1980s, Viacom was a distributor of CBS television series and also distributed syndicated television programs. We have estimated Wade Davis's net worth , money, salary, income, and assets. Find contact's direct phone number, email address, work history, and more. CBS and Viacom officially announced their re-merger deal on August 13, 2019. And what Univision has been able to build over the years through their news operationshas been trust. All Rights Reserved. $1 Million - $5 Million. 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. . Family Life Wade married his long time girlfriend Katelyn Casey in 2009. Its a huge opportunity that is completely open from a competitive standpoint.. Viacom Inc's most recent insider trade came on May 15, 2017 by My advice to Wade would be to leverage that as much as he can. National amusement theatre owner Summer Redstone bought controlling interests in 1986 hence becoming part of the company. In 2002 Viacom also acquired the remaining shares of infinity broadcasting radio chain. Theyre extraordinarily creative and I think theyve found a voicefor themselves. It was formed as a spin-off of the first Viacom on December 31, 2005. It operated approximately 170 networks and reached approximately 700 million subscribers in 160 countries and growing. Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens. As of 2023, Wade Davis's net worth is $100,000 - $1M. These include; Nickelodeon Kids Choice Sports Award, Best Branded: MTV Fit Sessions, Best Promo or Trailer, and Best Entertainment Video Music Awards. Since then, Univisions owners have explored various exits on and off for years. Althoughthe company has suffered several challenges, it has maintained its focus and delivered its services all the time. Get our latest storiesin the feed of your favorite networks. Wade was the NFLs first LGBT inclusion consultant where he worked at the intersection of sexism, racism, and homophobia to build inclusive leadership strategies and national engagement initiatives. (Podcast), Chief Executive Officer, Univision Communications Inc. SHARE. Wade Davis's largest purchase order was 28,710 units , worth over There were layoffs and turmoil in management ranks culminating with a shakeup that saw Vince Sadusky replace CEO Randy Falco. Some of these accolades include; Best Music or Dance Program Award and Best Entertainment Presenter Host with Salman Khan in Bigg Boss Season 11. Listen to the full episode of The Revolucin Podcast featuring Joe Uva with co-hosts Ana Crandell, Diego Lastra and Court Stroud on iHeartMedia, Spotify,Apple Podcasts,Google Podcasts,Amazon Podcasts,or byclicking here. We have estimated Wade Davis's net worth , money, salary, income, and assets. All Rights Reserved. Net Worth Comparison Upcoming Birthday Wade Davis who bought, In the last 14 years, insiders at Viacom Inc have sold an estimated value of, Mailing address is Viacom Inc. 1515 Broadway New York NY 10036 NY. 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. Wade Davis Net Worth (2021 Update) Wade Davis and Searchlight Capital Partners. In the last 14 years, insiders at Viacom Inc have sold an estimated value of $1.1B 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 . Back in 2007/2008, when we were doing a lot of research, we kept hearing that the reason people like Univision isnt because of the novelas or the Mexican soccer or the specials, but because, Univision protects my rightsas a Hispanic in the United States.. Univision Communications Inc. completed the acquisition of Content and Media Assets of Grupo Televisa, S.A.B. Employers, Survey Many companies rise up, become famous, and after some time, they collapse. At Viacom (now ViacomCBS), he helped integrate free streaming service Pluto TV, a highly successful acquisition. 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. I remember research about Univision that said, among U.S. Hispanics, Univision was the most trusted institution, except for the Catholic Church. 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. These services include; cable television operators, direct to home satellite television operators, mobile networks . This is the reason why, as a company, they are able to team up together every time. 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 $29,255 came from other types of compensation. They not only understand the tastes of the community, they're the tastemakers. Industries and Shari Redstone, Director $140 per post at $7/CPM. Mexicos Grupo Televisa SAB, the companys longtime partner, will retain its 36% stake in Univision. In an interview with Deadline when the deal was announced, UPDATE 1-Hedge fund Bridgewater plans restructuring amid AI push, global expansion, UPDATE 1-Tesla plans 6,000 jobs in Mexico and eyeing more investment, government says, Activision fired staff for using 'strong language' about remote work policy - union, Analysis-Watch out risk assets, the rout in bonds is coming your way, Meta cant keep people interested in its headsets: Report. The systems were located in Dayton, San Francisco, Nashville, and Seattle Metropolitan areas. Univision has advantages in the news, but Telemundo is winning in digital. Univision is a truly wonderful collection of assets. Wades leadership and Searchlights support are the catalysts that Univision needs to solidify its position as the leading Spanish-language media organization in the United States in light of the rapid changes that the industry is facing. Wade Davis who bought 28,710 units worth Univisions media assets include the Univision and UniMs broadcast networks, and cable networks Galavisin and Spanish-language sports net TUDN. By subscribing, I agree to the Terms of Use and Privacy Policy. Viacom was later renamed CBS Corporation, thus restoring its pre-merger name. "It's a huge opportunity that is completely open from a competitive standpoint.". Before that, he worked as president and CEO of Univision and held the same leadership roles at global media agency OMD Worldwide. 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 operated several cable television systems from its formation in 1995. 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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. Wade Davis, Former CFO of Viacom, has become CEO of Univision after his investment group, ForgeLight, closed on a majority stake purchase, the company announcedDecember 29. Wade is a United Nations Women Global Impact Champion, a Ms . Net Worth Net Worth 2020 $5 Million Salary 2020 $4.8 Million Before Fame He developed a great fastball in his early days, and in the minor leagues he added a slider and a change up. (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address. The service is Davis' top priority; he believes Hispanic audiences aren't being served by the current streaming landscape, Bloomberg reported. However, the merger was completed on December 4, 2019. 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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. Sign up for Deadline's Newsletter. 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 . They have also received great support from their fans who believe in them and love what they do as a team. 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. 2020. So, how much is Wade Davis worth at the age of 45 years old? Prior to joining Netflix, Wade consulted for Google, P&G,Viacom & Bacardi. . Enter an executive or company name below to search our database of executive compensation packages including salaries, bonuses, stock grants, stock options and other types of compensation at thousands of publicly traded companies. In the last 4 years at Viacom Inc, Wade Davis has sold an estimated value of $3.08M worth. Skills Davis will be CEO. An indispensable guide to finance, investing and entrepreneurship. 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. Also acquired the remaining shares of infinity broadcasting radio chain 's a huge opportunity that is completely open a. Last summer the service is Davis ' career Many companies rise up, become famous and! $ 7/CPM 1970s and 1980s, Viacom was later renamed CBS Corporation, thus restoring its name. Some time, they are able to team up together every time over the years their! 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