.css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. 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 . 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Wade Davis is officially Univision's new CEO. Adam Jacobson. The companys top-rated media portfolio features the Univision and UniMs broadcast networks, 10 cable networks, 61 television stations, 58 radio stations and a robust audio and music experience footprint, and various market-leading digital properties. There was a problem. 2023 The Hollywood Reporter, LLC. Univision will pay $3bn in cash and $1.5bn in Univision stock, with the remainder funded by other sources. ForgeLight was founded in 2019 by Wade Davis and is an operating and investment company focused on the media and . The average Univision salary ranges from approximately $49,404 per year for an Administrative Assistant to $325,473 per year for a Vice President. The oldest company is Fisher Communications, founded in 1910. . As former Viacom CFO Wade Davis, the founder of ForgeLight, gets set to become CEO of Univision Communications later this year . The highest-paying job at Univision is a Vice President with a salary of $325,473 per year. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. 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. Media executive Wade Davis is heading up a private group to buy a majority stake in the company and will be its new CEO. 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. Wade Davis may refer to: . By Jill Goldsmith. L to R: Alfonso de Angoitia and Wade Davis. The Davis-led investor group on Tuesday said it agreed to acquire a 64 percent majority stake in Univision for an undisclosed sum. Executive Chairman of TelevisaUnivision, Inc. & Co-CEO of TelevisaUnivision Mexico. 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 . Today begins a transformation for Univision. Related Company Competitors. It has some of the best margins of the traditional media businesses. Sign up for THR news straight to your inbox every day. wade davis univision salary. The latest from the Univision Sports team. Because we respect your right to privacy, you can choose not to allow some types of cookies. Televisa elects to maintain its existing ownership stake in support of new ownership group; Televisa's Program License Agreement with Univision remains unchanged. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}3.4. 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. Get our latest storiesin the feed of your favorite networks. Wade Davis currently plays position Kansas City Royals for Kansas City Royals in Major League Baseball, the senior baseball league in the United States. 2023 Celebrity Net Worth / All Rights Reserved. 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). The community relies on everyone sharing. 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. You will receive a verification email shortly. Televisa has a shared history with Univision dating back many years and a deep strategic relationship today. They acquired the company for $13.7 billion in 2007, beating out a rival bid from Televisa. Thank you, you'll be receiving newsletter updates from us in your email inbox. 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. Thank you for signing up to Broadcasting & Cable. 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. Salary Score. If you do not allow these cookies, you will experience less targeted advertising. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. An IPO isnt something we plan for; its not something the company particularly needs. 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? By admin. 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. Univision Holdings, Inc. Salaries. It takes less than ten minutes to set up your company page. wade davis univision salary. As such, Searchlight, a private investment firm founded by CEO Wade Davis, and associated entity, ForgeLight an operating and investment company focused on the media and consumer technology sectors are now the holders of shares in Univision previously held byMadison Dearborn Partners, Providence Equity Partners, TPG, Thomas H. Lee Partners,andSaban Capital Group. AdvancePath was successfully sold to Graduation Alliance. How much do Univision employees make? 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. Its not something were going to disclose. Browse our online application for MLB, NBA, NFL, NHL, EPL, or MLS player contracts, salaries, transactions, and more. New York, The smarter way to stay on top of broadcasting and cable industry. Already Subscribed? Univision abre una nueva etapa: cierra su venta, estrena nuevo jefe y planea un servicio de streaming. Davis finished 4th for AL Rookie of the Year in 2010. When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. 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. Im so proud of everything we have accomplished that has led us to this great outcome. Signage at Univision's Los Angeles headquarters is seen in 2016. He takes over the reins from Vince Sadusky, who led the company since mid-2018, when he replaced Randy Falco.. Biography. Wade Davis. Theyre the market leader for this audience. - Veteran media executive Wade Davis to become CEO of Univision upon closing . Wade Davis's net worth is $0. 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. See All CEO & Executives. Theyve done a great job of de-levering the balance sheet. Liked by Wade Davis. Univision y Televisa juntarn sus contenidos para crear el mayor conglomerado de medios en espaol We want to hear from you! About. As expected, Davis assumed Univisions Chief Executive chair fromVince Sadusky. Use of any marks, trademarks, or logos on this website shall not constitute a sponsorship or endorsement by the trademark holder. 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 . And if you go back to the asset base that I just described, its an incredible setup to be able to take advantage of what is a very wide open competitive landscape and a huge market opportunity. Salaries posted anonymously by Univision employees. 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. Davis founded ForgeLight last year. Deadline is a part of Penske Media Corporation. A free inside look at Univision salary trends based on 1169 salaries wages for 507 jobs at Univision. 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. 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. On Thursday, Univision reported revenue . The average Univision hourly pay ranges from approximately $24 per hour for an Intern - Hourly to $114 per hour for a Director. The group includes . 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. Adam R Jacobson is a veteran radio industry journalist and advertising industry analyst with general, multicultural and Hispanic market expertise. Wade was drafted #75 by the Tampa Bay Devil Rays in the 2004 Major League Baseball Draft. Theyve refocused the business on the core audience. The agreement is one of Univisions most strategic assets, giving it exclusive access to the largest Spanish-language video library in the world. Theres no question that Univision has the scale it needs to have. 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. 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. Former Viacom Inc. CFO Wade Davis is finalizing a . Its not because were trying to be evasive about it. 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. 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. Happy to announce that . These cookies may be set through our site by our advertising partners. 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. Please refresh the page and try again. And in that private transaction, the details of the individual transactions are private.
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