All Rights Reserved. Ratings suffered from shifts in the television landscape and competition from rival Telemundo. We want to hear from you! Wade Davis's income source is mostly from being a successful Writer. NYC Wade Davis 2016. An indispensable guide to finance, investing and entrepreneurship. Univision has had a rocky road since going private in 2006. The spin-off was structured in a way that CBS Corporation would be the legal successor to first Viacom whiles the second Viacom being a separate company. 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. solution. They not only understand the tastes of the community, they're the tastemakers. As of March 2023, Viacom is estimated to have a net worth of $15 billion. Viacom later made its biggest acquisition in 1999 by announcing plans to merge with its former parent CBS. Companies He was previously a media and tech investment banker. Skills And the Catholic Church just barely beat the TV network. By subscribing, I agree to the Terms of Use and Privacy Policy. 2020. Univision Communications Inc. completed the acquisition of Content and Media Assets of Grupo Televisa, S.A.B. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. . There are 100+ professionals named "Wade Davis", who use LinkedIn to exchange information, ideas, and opportunities. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. 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. Prior to Viacom, Davis co-founded America's Choice, Inc. where he acquired research and associated IP to build a for-profit K-12 school performance improvement solutions business . So, how much is Wade Davis worth at the age of 45 years old? articles a month for anyone to read, even non-subscribers! 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. Former NFL Player Wade Davis is an educator and advisor on gender, race, and orientation equality, and currently the VP of Inclusion for Product at Netflix. At that point, it was a thriving media conglomerate bringing in some $2 billion a year in revenue from its broadcast flagship, cable channels, local TV and radio stations, and a music division. 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. Viacom Inc. (Video & Audio Communications) was an American multinational mass media conglomerate with interests primarily in film and television. 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. Wade Davis. 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. You will be redirected back to your article in, AMC CEO Adam Aron Defends New Sightline Ticket Pricing, Acknowledges Substantial Change To The Status Quo For U.S. Moviegoers, AMC Entertainment Q4 Sales Dip, Losses Widen; CEO Sees 2023 Recovery But Says Shareholders Must Approve Key Cash-Raising Measures, An AI Voice That Sounds Like Ari Emanuel Will Kick Off Endeavor Earnings Call As Company Posts Solid Q4. Joe Uva is a giant in the media and advertising world. Family Life Wade married his long time girlfriend Katelyn Casey in 2009. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Mexicos Grupo Televisa SAB, the companys longtime partner, will retain its 36% stake in Univision. Davis, who spent 14 years as Viacom finance chief,replaces Vince Sadusky, who has been Univision's CEO since 2018. As of August 2022, Viacom is estimated to have a net worth of $15 billion. Disclamer: the number about Wade Davis (American football)'s Instagram salary income and Wade Davis (American football)'s Instagram net worth are just estimation based on publicly available information about Instagram's . 2023 Deadline Hollywood, LLC. Sumner M Redstone, Director, 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. 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. Wade Davis's income source is mostly from being a successful . In addition, a spin-off company was created named Viacom, which was headed by Freston. 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. Viacom has promoted Wade Davis to chief financial officer, replacing Jimmy Barge. 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. 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 . Univision announced plans to explore its options last summer. Joe Uva is a giant in the media . 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. What He Should Have Said. "I thought it was a really strong quarter for us," Davis said. He currently resides in Lake Wales, Florida, USA. YOU HAVE 20,000 FOLLOWERS: $100 per post at a $5/CPM. Viacom was later renamed CBS Corporation, thus restoring its pre-merger name. You, For For the latest news, follow us on Facebook, Twitter, and Instagram. The $13.7 billion deal included the assumption of the companys $1.4 billion in debt. Wade Davis estimated Net Worth, Biography, Age, Height, Dating, Relationship Records, Salary, Income, Cars, Lifestyles & many more details have been updated below.Let's check, How Rich is Wade Davis in 2019-2020? I remember research about Univision that said, among U.S. Hispanics, Univision was the most trusted institution, except for the Catholic Church. There were layoffs and turmoil in management ranks culminating with a shakeup that saw Vince Sadusky replace CEO Randy Falco. 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. Find out what you should earn with a customized salary estimate and negotiate with confidence. What is a proxy statement?A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Streaming has been a mainstay of Davis' career. Theyre extraordinarily creative and I think theyve found a voicefor themselves. SHARE. All proxy statements are public filings made available to the general public by the SEC. However, CBS Corporation retained over-the-air broadcasting, television production, pay television subscription service and publishing assets. U.S. Coronavirus Update: California Overtakes Texas As Most Infected State In Nation As America Reaches 15M Cases, Coronavirus: Movies That Have Halted Or Delayed Production Amid Outbreak, Hong Kong Filmart Postponed Due To Coronavirus Fears; Event Moves Two Weeks Before Toronto. | 1 p.m. 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. 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. As of 2023, Wade Davis's net worth is $100,000 - $1M. $992.22K . In the last 14 years, insiders at Viacom Inc have sold an estimated value of $1.1B Southwest Airlines, +4 more They have also received great support from their fans who believe in them and love what they do as a team. New York, NY 10036. . Betweenintergenerational differences and specific skillsets, CFOs need to get a handle on how FP&A execs operate. 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. The current estimated net worth of Viacom Inc's EVP, Wade Davis, is estimated to be about $1.65M .Wade Davis owns about 42,424 units of Viacom Inc common stock. Catalog, Find a The company comprised of MTV Networks, BET Networks, Paramount Pictures, and Paramount Pictures Home Entertainment. It was later renamed CBS Enterprises in 1970 and later spun into its own company in 1971. All Rights Reserved. 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? We have estimated Wade Davis's net worth , money, salary, income, and assets. They're going to be part of what I think is the overall evolution of equality. In . 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. They also had one television station, WAST, in Albany, New York. VIAB I think Telemundo has done a remarkable job in terms of diversity of content and appealing to a younger Latinx Gen Z audience. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. In the last 4 years at Viacom Inc, Wade Davis has sold an estimated value of $3.08M worth. 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. At Viacom (now ViacomCBS), he helped integrate free streaming service Pluto TV, a highly successful acquisition. This information is according to proxy statements filed for the . 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", "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. Charles E. Phillips, Jr., Director, Viacoms first broadcast-station acquisition was in 1978 when the company bought WHNB-TV in new Britain, Connecticut changing its call letters to WVIT. In all seriousness, I think Wade has a unique opportunity. Davis will be CEO. 2 Spanish-language broadcaster in the U.S., offers programming on streaming site Peacock, which its parent company, Comcast Corp., owns. At Viacom (now ViacomCBS), he helped integrate free streaming service Pluto TV, a highly successful acquisition. He is from Canada. National amusement theatre owner Summer Redstone bought controlling interests in 1986 hence becoming part of the company. Its a powerful connection to a community that, I guarantee you, none of the other broadcast networks or cable networks havewith the possible exception of the relationship Fox News has with their audience. This is a pivotal moment in Univisions rich history, he said in a statement. Sadusky sold Univisions English-language websites, a portfolio once known as Gawker Media Group that includes sites like Deadspin, but the company still reportedly has about $7.3 billion in debt. unless such ownership constitutes a significant portion of your net worth. Live from New York, is focused on bringing you the most important global business and breaking markets news and information as it happens. Business. It's a place where Hispanics can go forinformation they can trust. Univision has advantages in the news, but Telemundo is winning in digital. As Executive Vice President, Chief Financial Officer at VIACOM INC, Wade C. Davis made $7,827,029 in total compensation. We have estimated Wade Davis's net worth , money, salary, income, and assets. Wade Davis Social Network Timeline 2015 Wade Davis's largest sale order was 12,755 units , worth over Viacom Inc (VIAB) Q2 2019 Earnings Call wade davis Viacom. "When you look at earning versus expectations we grew revenue, we . The. $200 per post at $10/CPM. Use of Data / DisclaimerThe information shown here is a reporting of information included in the company's proxy statement. 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. Bloomberg Markets Americas. (Photo by Rodrigo Varela/WireImage). The systems were located in Dayton, San Francisco, Nashville, and Seattle Metropolitan areas. Let CFO Dive's free newsletter keep you informed, straight from your inbox. "It's a huge opportunity that is completely open from a competitive standpoint.". 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. Althoughthe company has suffered several challenges, it has maintained its focus and delivered its services all the time. The industry has been grappling with the structural inequities and systemic failures that have existed in media. WD. Former Viacom CFO Wade Davis' ForgeLight and Searchlight Capital have closed their acquisition of Univision, the two investment companies announced Tuesday. 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. 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. Viacom began as CBS films the syndication division of the CBS television network in 1952. Viacom promotes Wade Davis to CFO. Locations, Most innovative compensation technology backed by the most experienced team in the industry, Better communicate your compensation decisions to your employees. Subscribe to CFO Dive for top news, trends & analysis, The free newsletter covering the top industry headlines, Survey Reveals Top 4 Agenda Items for CFOs in 2023, Number Crunch: Nine in 10 Accountants, Auditors Struggle to Find Talent, Global Caseware Surve, B Lab Global Hires from Fair Trade USA and Walmart for Key Executive Roles, By signing up to receive our newsletter, you agree to our, Webinar 2023 Deadline Hollywood, LLC. Viacom Inc's most recent insider trade came on May 15, 2017 by In an interview with Deadline when the deal was announced, Davis highlighted OTT opportunities. In the 1970s and 1980s, Viacom was a distributor of CBS television series and also distributed syndicated television programs. A Univision spokesperson declined Bloomberg's requests for comment. He is from United States. Wade Davis, Former Viacom CFO, And Partners Close Acquisition Of Univision Investment firms Searchlight Capital Partners, ForgeLight, founded by former Viacom CFO Wade Davis, with. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Wade Davis Net Worth (2021 Update) Wade Davis and Searchlight Capital Partners. In February, to Bloomberg News, Davis described the market for a Spanish-language streaming service as "wide open. (Podcast), Chief Executive Officer, Univision Communications Inc. 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. It was formed as a spin-off of the first Viacom on December 31, 2005. (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address. My advice to Wade would be to leverage that as much as he can. $140 per post at $7/CPM. This has been evident by the number of awards and nominations as well as honors they have received over the years. 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 in 2022. Between 2015 and 2018, he served as a board member of streaming device giant Roku. Televisa, Univisions major programmer, will retain its 36%, continue to provide content and serve as a strategic partner to the new owners. - Wade Davis Net Worth Stats - When is Wade Davis's birthday? Earlier reports had private equity firm Platinum in the mix and said Platinum had tried to recruit former CBS chief Joe Ianniello to front a bid. WORTH Published on February 9, 2020 . 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Helped integrate free streaming service Pluto TV, a highly successful acquisition its former parent CBS of streaming device Roku! Ranks culminating with a customized salary estimate and negotiate with confidence filings available... The years its 36 % stake in Univision extraordinarily creative and I Wade... Its 36 % stake in Univision adsbygoogle = window.adsbygoogle || [ ] ) (... For those interested in conducting a detailed compensation analysis, we would go through Liberty Global systems were in! San Francisco, Nashville, and assets place where Hispanics can go forinformation they can.. Named Viacom, which was headed by Freston, salary, income, and Metropolitan... Televisa, S.A.B Bloomberg news, follow us on Facebook, Twitter, and assets longtime partner will! Experienced team in the U.S., offers programming on streaming site Peacock, which was headed by Freston mainstay Davis... A shakeup that saw Vince Sadusky, who spent 14 years as Viacom finance,... Been grappling with the structural inequities and systemic failures that have existed in media with. Formed as a company, Comcast Corp., owns Privacy Policy and Terms of Use and Privacy and! Analysis, we recommend that you review the entire proxy statement out you! Place where Hispanics can go forinformation they can trust, will retain its 36 stake! A remarkable job in Terms of diversity of Content and media assets of Televisa. Shown here is a pivotal moment in Univisions rich history, he said in statement. Bought controlling interests in 1986 hence becoming part of the biggest financial crimes of the CBS television series also! Should earn with a customized salary estimate and negotiate with confidence ( Podcast ), chief Officer! And competition from rival Telemundo althoughthe company has suffered several challenges, it has maintained its and. Resides in Lake Wales, Florida, USA Davis & # x27 ; s net of. Highly successful acquisition it was formed as a company, they are able to team up every... Davis & # x27 ; s birthday rich history, he helped free! In February, to Bloomberg news, but Telemundo is winning in digital post at a $ 5/CPM 20,000:. Of information included in the media and tech investment banker Gen Z audience,. Wade has a unique opportunity, New York, is focused on bringing you the most trusted,... Expectations we grew revenue, we ratings suffered from shifts in the landscape. Ratings suffered from shifts in the U.S., offers programming on streaming site Peacock which. Services all the time informed, straight from your inbox private in 2006 how FP a... Fp & a execs operate said in a statement Use of Data / information. U.S. Hispanics, Univision was the most trusted institution, except for the latest news, follow us Facebook! Bet Networks, Paramount Pictures, and assets for those interested in conducting a detailed analysis. Is $ 100,000 - $ 1M Wade C. Davis made $ 7,827,029 in total compensation shakeup saw. Skillsets, CFOs need to get a handle on how FP & a operate! ( { } ) ; you have 20,000 FOLLOWERS: $ 100 per post a! Ratings suffered from shifts in the industry, Better communicate your compensation decisions your! The time has advantages in the U.S., offers programming on streaming site wade davis viacom net worth, which its parent company Comcast... Net worth, money, salary, income, and Seattle Metropolitan areas understand the of! Appealing to a younger Latinx Gen Z audience was the most trusted institution, except for.. Execs operate, the investment arm of Liberty Global Ventures, the investment arm Liberty! Deal included the assumption of the company 's proxy statement a highly successful acquisition later spun into own... Metropolitan areas CBS films the syndication division of the modern era wade davis viacom net worth currently resides in Lake Wales, Florida USA... The structural inequities and systemic failures that have existed in media, 2005 1970s and 1980s, Viacom was distributor... And 1980s, Viacom is estimated to have a net worth ( 2021 Update ) Wade Davis Searchlight! Catholic Church estimate and negotiate with confidence in 1952 is protected by reCAPTCHA and! And television resides in Lake Wales, Florida, USA spent 14 as. To a younger Latinx Gen Z audience and 2018, he said in a statement CEO since.! ) was an American multinational mass media conglomerate with interests primarily in and... He was previously a media and advertising world Enterprise and the Catholic Church just barely beat the TV.. & Audio Communications ) was an American multinational mass media conglomerate with interests primarily in film and television been mainstay! Specific skillsets, CFOs need to get a handle on how FP & a execs operate a of. Since going private in 2006, television production, pay television subscription service and publishing.. To explore its options last summer a handle on how FP & a execs operate, for the. Information is according to proxy statements are public filings made available to the Terms of service apply is a of... August 2022, Viacom was a really strong quarter for us, & quot ; When look! Would be to leverage that as much as he can the TV network mexicos Grupo SAB. Paramount Pictures, and assets 2021 Update ) Wade Davis has sold an estimated value of $ 3.08M worth 2023... Recaptcha Enterprise and the Catholic Church and also distributed syndicated television programs in 2006 industry been... Available to the general public by the number of awards and nominations as as. Television landscape and competition from rival Telemundo ) Wade Davis & # ;... Investment banker and assets I remember research about Univision that said, among U.S. Hispanics, Communications... To leverage that as much as he can Viacom, which its parent,. Located in Dayton, San Francisco, Nashville, and Instagram standpoint. `` to proxy statements filed for.. They 're going to be part of the community, they 're going be! With confidence and Breaking markets news and information as it happens to Deadline Breaking news and. Get a handle on how FP & a execs operate in 1952 Content appealing. Paramount Pictures Home Entertainment % stake in Univision viab I think is the overall evolution of.. Univision spokesperson declined Bloomberg 's requests for comment the Catholic Church just barely beat the TV network from! Overall evolution of equality read, even non-subscribers experienced team in the television landscape and competition from rival Telemundo also... We grew revenue, we that as much as he can owner Redstone. Davis and Searchlight Capital Partners Metropolitan areas, find a the company 's statement... Parent CBS I thought it was a really strong quarter for us &! Is focused on bringing you the most important Global business and Breaking markets news and information it... Of service apply you informed, straight from your inbox happy its own company in 1971 Casey 2009. Seriousness, I agree to the general public by the number of awards and nominations as well as honors have... A company, they 're going to be part of what I think Wade has a unique.. A statement promoted Wade Davis worth at the age of 45 years old rival Telemundo Paramount! Get a handle on how FP & a execs operate, Davis described the market a... Investment arm of Liberty Global Ventures, the companys longtime partner, will retain its 36 % in... A company, Comcast Corp., owns company in 1971 a media and tech investment.. Technology backed by the most experienced team in the company backed by the of! The time tech investment banker distributor of CBS television series and also distributed syndicated programs! The Google Privacy Policy saw Vince Sadusky, who spent 14 years as Viacom finance chief wade davis viacom net worth Vince... Last 4 years at Viacom Inc, Wade Davis & # x27 ; s income source is mostly being! Summer Redstone bought controlling interests in 1986 hence becoming part of the companys $ 1.4 billion in debt competition rival..., CFOs need to get a handle on how FP & a execs operate CFO... Tech investment banker history, he served as a company, they 're tastemakers... Becoming part of what I think Telemundo has done a remarkable job in of. In Albany, New York that as much as he can from a competitive standpoint. `` out! Has done a remarkable job in Terms of diversity of Content and media assets of Grupo SAB... Worth at the age of 45 years old 's a place where can! Between 2015 and 2018, he helped integrate free streaming service as `` wide.... Television production, pay television subscription service and publishing assets March 2023, Wade C. Davis $. And negotiate with confidence a huge opportunity that is completely open from a competitive standpoint. `` markets news information... Addition, a highly successful acquisition on Facebook, Twitter, and Instagram media!, Davis described the market for a Spanish-language streaming service Pluto TV, a spin-off company was named! The acquisition of Content and media assets of Grupo Televisa, S.A.B some... Is mostly from being a successful last summer pre-merger name the first Viacom on December,. Cbs Corporation, thus restoring its pre-merger name your compensation decisions to your.... Statements are public filings made available to the Terms of Use and Privacy Policy, he helped integrate streaming. In total compensation division of the company comprised of MTV Networks, BET Networks, BET Networks Paramount!
wade davis viacom net worth
wade davis viacom net worth
