Employees in the top 10 percent can make over $127,000 per year, while employees at the bottom 10 percent earn less than $33,000 per year. Does Univision have the scale it needs in todays competitive landscape, or do you envision additional M&A to get additional scale? Former ViacomCBS exec Pierluigi Gazzolo was named president and chief transformation officer at Univision; Luis Silberwasser, last with Telemundo, was named president of the Univision Television Networks Group; and former Turner ad sales head Donna Speciale was named president of advertising sales and marketing. Our talented operating team has transformed Univision to be strategically, operationally and financially stronger than it has been in years, Sadusky said. Any plans for Univision to revisit a potential IPO down the road? He was in the Royals starting rotation in 2013 but moved to the bullpen where he played in 2014. The smarter way to stay on top of broadcasting and cable industry. 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. Media executive Wade Davis is heading up a private group to buy a majority stake in the company and will be its new CEO. Get our latest storiesin the feed of your favorite networks. Investment firms Searchlight Capital Partners, ForgeLight, founded by former Viacom CFO Wade Davis, with Mexico's Grupo Televisa . Pierluigi Gazzolo, Luis Silberwasser, Donna Speciale take posts. The lowest-paying job at Univision is an Administrative Assistant with a salary of $49,404 per year. 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. Already Subscribed? 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. Theres going to be a number of months until we actually close the transaction and the specifics about what the strategy on a go-forward basis is. How much do Univision employees make? In an announcement early Tuesday, the partners said they intend to build on Univisions recent content and programming momentum to accelerate growth, expand its portfolio of advertising products, substantially enhance its digital presence and work closely with Televisa, which will retain its 36% stake. 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. All Rights Reserved |, Vince Sadusky, who led the company since mid-2018, Eli Velzquez tapped to lead Telemundo Deportes, Maclovio Perez joins KAVU as chief meteorologist, Lorena Incln returns to Miami as reporter for NBC6 and Telemundo51, Elizabeth Valds retires from Telemundo network, Linda Guerrero joins Americano Media as anchor. The announcement said Televisa will serve as an important partner to the new ownership and management team going forward. Univision employees rate the overall compensation and benefits package 3.1/5 stars. Televisa has a shared history with Univision dating back many years and a deep strategic relationship today. . Theyre the market leader for this audience. And to the extent we can talk about the strategy publicly, that something thats going to happen in due time. Co-CEO of TelevisaUnivision Mexico . When you look at what the current management team has been able to accomplish in the last 18 months, its quite remarkable. 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 . Wade Davis net worth: Wade Davis is an American professional baseball player who has a net worth of $5 million. If you do not allow these cookies, you will experience less targeted advertising. Pierluigi Gazzolo was named president and chief transformation officer at Univision, I consent the use of my personal data in accordance with Future's. In this role, he delivered total company growth across revenue, operating income, and earnings per share. Davis Board memberships include Cengage Learning, Executive Chairman of Hammerhead Navigation and the Board of Directors of Daybreak Games. What is Univision doing well now and what needs improvement? Thank you for signing up to Broadcasting & Cable. Through the 2014 season Davis has a record of 45 35 with 564 strikeouts and an ERA of 3.91. How much do Univision employees make? These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. The group includes . Also Read: Wade Davis and Searchlight Close Deal for Majority Univision Stake. Broadcasting+Cable is part of Future US Inc, an international media group and leading digital publisher. A free inside look at Univision salary trends based on 1169 salaries wages for 507 jobs at Univision. 2022: TelevisaUnivision Spanish-language streaming platform ViX to launch in March: RE. 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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 . A look at the injuries for Wade Davis, and the financial implications. The average Univision salary ranges from approximately $49,404 per year for an Administrative Assistant to $325,473 per year for a Vice President. 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 . That year he was traded to the Kansas City Royals. On December 29, Searchlight III UTDandForgeLights acquisition of a majority stake ofUnivision Holdingsformally closed. Steve Mandala. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Wade Alan Davis II (born July 28, 1977) is an American speaker, activist, writer, educator and former American football player.. Born in Little Rock, Arkansas, Davis grew up in Shreveport, Louisiana and Aurora, Colorado.He played college football at Mesa State and Weber State.In 2000, Davis signed with the Tennessee Titans of the NFL as an undrafted free agent but was cut after the preseason. Happy to announce that . 9.5. Signage at Univision's Los Angeles headquarters is seen in 2016. As part of the acquisition, ForgeLight Chief Executive and founder Wade Davis will become CEO of Univision at the closing of the deal, Univision said. Our model gets smarter over time as more people share salaries on Glassdoor. Please refresh the page and try again. Can you drill down and tell us what you see standing out in Univisions asset base? The success of this turnaround paved the way for the merge of Viacom and CBS to create ViacomCBS. 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 . Univision is currently controlled by a consortium of investment groups including Madison Dearborn Partners, Providence Equity Partners, TPG, Thomas H. Lee Partners and Saban Capital Group. Career Earnings: Year Basic Salary Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. December 29, 2020 12:29pm. By . The average Univision salary ranges from approximately $49,404 per year for, Univision employees attributed a compensation and benefits rating of 3.1/5 stars to their company. On Monday, Univision, which is led by CEO Wade Davis, forecast overall revenues of $634 million, down 4 percent from a year-earlier $660 million, for the three months to March 31 due to subscriber losses that were partly offset by advertising revenue rising four percent. Mexico's media giant Grupo Televisa and U.S. Spanish-language broadcaster Univision today announced they have . Davis said he is honored to be partnering with Televisa and Searchlight to help steward Univision into this next phase. ForgeLight and SearchLight, meanwhile, will buy a majority 64% ownership interest from all the other stockholders of the privately-held company. He takes over the reins from Vince Sadusky, who led the company since mid-2018, when he replaced Randy Falco.. Are you disclosing what your consortium paid for the majority stake in Univision? . Earlier in his career, Davis spent nine years in M&A investment banking with ThinkEquity, Lazard, and Wasserstein Perella and led nearly $30B in total transactions, primarily in the tech, education and media sectors. The agreement is one of Univisions most strategic assets, giving it exclusive access to the largest Spanish-language video library in the world. Musk Made a Mess at Twitter. About. Pierluigi Gazzolo, Luis Silberwasser, Donna Speciale take posts. The liberal Spanish-media giant Univision has been sold.Media executive Wade Davis is heading up a private group to buy a majority stake in the company and will be its new CEO. Davis was part of a group of private-equity investors who agreed in February 2020 to buy a majority stake in Univision. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. 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. Read Also: Frontera Wines Joins Sponsors for Univisions Latin Grammys. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}3.4. Can you discuss your strategy focus for Univision, and specifically bringing the traditional broadcaster into the streaming-first space? Biography. An IPO isnt something we plan for; its not something the company particularly needs. Since closing that deal, Davis has hired more than 500 people and made . Specialty Preview, Ozy Media Closes In Wake Of Founder Carlos Watson Scandal, TikTok Introduces New Feature To Limit Screen Time For Teens. Wade Davis, Univision's new CEO, named his senior management team, bringing several well-known industry executives to the Spanish-language media company. They lead not only in general, but in the categories I referenced: news, sports, music and entertainment. Related Company Competitors. Univision Holdings, Inc. Salaries. 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. The average Univision hourly pay ranges from approximately $24 per hour for an Intern - Hourly to $114 per hour for a Director. Univision Communications, the nation's largest Spanish-language media company, is nearing a sale to an investment group led by former Viacom executive Wade Davis . Univision y Televisa juntarn sus contenidos para crear el mayor conglomerado de medios en espaol Univision Communications went private in 2007 when Haim Saban bought the company for $13.7 billion. 0. So from a financial point of view, an IPO isnt something the company needs or its not something were planning for. And in that private transaction, the details of the individual transactions are private. NEW YORK With the transition in power from Vince Sadusky to Wade Davis at Univision Communications in January 2021, a veteran sales . 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. Deadline is a part of Penske Media Corporation. 2022: Transcript : Tikehau Capital, H1 2022 Earnings Call, Jul 28, 2022 . Theyve renewed one hundred percent of their distributor agreements, which is something that no other company in the industry can say. As former Viacom CFO Wade Davis, the founder of ForgeLight, gets set to become CEO of Univision Communications later this year . We welcome all corrections and feedback using the button below. Giant Miami-based Spanish language broadcaster. Theres no question that Univision has the scale it needs to have. Liked by Wade Davis. May not be copied or duplicated without express written permission. Latest news about Wade Davis : 01/12: Transcript : Jaguar Health, Inc. - Special Call: CI. Deportes Digest . 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 . . Wade Davis baseball stats with batting stats, pitching stats and fielding stats, along with uniform numbers, salaries, quotes, career stats and biographical data presented by Baseball Almanac. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. Univision Holdings, Inc. competitors are Entravision Communications, Nexstar Media Group, TEGNA, and more. Veteran media executive Wade Davis to become CEO of Univision upon closing. The highest-paying job at Univision is a Vice President with a salary of $325,473 per year. Wade Davis currently plays position Kansas City Royals for Kansas City Royals in Major League Baseball, the senior baseball league in the United States. These cookies may be set through our site by our advertising partners. 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. 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. 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. religious interview questions and answers sharleen spiteri ashley heath. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Bloomberg's Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to provide in-depth research and data on more than 2,000 companies and 130 industries. By. But when I do look at the opportunities that lie in front of the company today, its absolutely the case when you look at the asset base that Univision has whether you start with the brand, the power of the brand and connection with this audience it has this huge audience and the fastest-growing demographic in the U.S. And its culturally relevant, and Univision is the leader with that audience. Davis on Tuesday discussed driving towards the streaming space with Univision, closing distribution deals and content spending. Wade Davis may refer to: . Tambin hoy se oficializ otra de las noticias que te dimos en su momentos, Wade Davis, director general y fundador de ForgeLight, asumi el rol de director general de Univision (CEO), a partir . 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. The Davis-led investor group on Tuesday said it agreed to acquire a 64 percent majority stake in Univision for an undisclosed sum. Davis and Searchlight Capital Partners are expected to pay $800 million for a controlling stake in Univision. By subscribing, I agree to the Terms of Use and Privacy Policy. See All CEO & Executives. Reports of Davis's pursuit of . Click on the different category headings to find out more and change our default settings. 2023 Deadline Hollywood, LLC. Univision. Get the latest news from Univision. It has this content supply agreement from Televisa, a strategic partner, and Televisa is the largest producer of Spanish-language content in the world. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. They help us to know which pages are the most and least popular and see how visitors move around the site. 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.. 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. The community relies on everyone sharing. 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. From 1996 to 2006 he served as an editor at Radio & Records. Adam R Jacobson is a veteran radio industry journalist and advertising industry analyst with general, multicultural and Hispanic market expertise. They have no renewals for multiple years going forward. 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. Wade Davis was born in Lake Wales, Florida in September 1985. The information does not usually directly identify you, but it can give you a more personalised web experience. But, after gracing our screens for all of two episodes, the bubbly vet was nowhere to be seen. For fiscal 2006, company revenues were $2.026 billion. Salaries posted anonymously by Univision employees. 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. Vince Sadusky, Univision CEO, spoke of a re-energized and refocused company and said today marks the start of an exciting new chapter with partners that recognize the excellent position Univision is in.. 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. Chief Administrative Officer of TelevisaUnivision, Inc. Wade Davis, Univision chief executive . Wade C Davis is Chief Executive Officer at Univision Communications Inc. See Wade C Davis's compensation, career history, education, & memberships. The financial performance of the business has never been stronger in years. 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? We began the evolution of our team with the appointment of world class leaders to our board of directors to bring together skillsets and diversity that Univision has never had at the board level. The oldest company is Fisher Communications, founded in 1910. . Thats something that got to be built by the team and something that got to be owned by the team. Searchlight Capital Partners and ForgeLight to Acquire Majority Stake in Univision. 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. 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. L to R: Alfonso de Angoitia and Wade Davis. Its reflected in the success theyve had in renewing with all of their distributors. Subscribe for full access to The Hollywood Reporter. Televisa elects to maintain its existing ownership stake in support of new ownership group; Televisa's Program License Agreement with Univision remains unchanged. Salary Score. 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 . He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Its one of the most profitable media businesses in the industry. Davis was previously Viacom's chief . Are there any content distribution deals up for renewal on the immediate horizon? 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. Sign up below. To see the rest of the Wade Davis' contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Learn from our experts on Hispanic consumers. 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. Adam Jacobson. ForgeLight was founded in 2019 by Wade Davis and is an operating and investment company focused on the media and . December 1, 2021. The Hollywood Reporter is a part of Penske Media Corporation. Univision Communications. By Jill Goldsmith. * To subscribe, you must consent to Futures privacy policy. Hemisphere Media Group, Platinum Equity and former Viacom CFO Wade Davis have made overtures to Univision. Giant Miami-based Spanish language broadcaster Univision is being acquired by two private investment firms, ForgeLight and Searchlight Capital Partners, and will enter a new era led by Wade Davis Because we respect your right to privacy, you can choose not to allow some types of cookies. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. 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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. And theyve done an incredible job of refreshing their entertainment slate, with Televisa and selection productions on their own. Achieving our objectives will require new ways of working together, diversity of perspectives and in some cases new talent and skillsets. CEO of TelevisaUnivision, Inc. Bernardo Gmez Martinez. What wasnt expected: a major house cleaning in Univisions C-Suite. VP, Global Broadcast Operations of TelevisaUnivision, Inc. VP of TelevisaUnivision Mexico Networks Programming, Marketing & Research. 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. Univision abre una nueva etapa: cierra su venta, estrena nuevo jefe y planea un servicio de streaming. Browse our online application for MLB, NBA, NFL, NHL, EPL, or MLS player contracts, salaries, transactions, and more. wade davis univision salary. Feb. 14, 2020 2:06 PM PT. Former Viacom Inc. CFO Wade Davis is finalizing a . - Veteran media executive Wade Davis to become CEO of Univision upon closing . 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. 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President of TelevisaUnivision US Local Media, General Director, Mexico Government Relations, VP of TelevisaUnivision Mexico Growth Officer. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago. They acquired the company for $13.7 billion in 2007, beating out a rival bid from Televisa. MIAMI Univision Communications took to LinkedIn to officially welcome Wade Davis as its new CEO, following the completion of a transaction that sees Searchlight Capital Partners and ForgeLight take a majority interest in the nation's largest multimedia company focused on Spanish-speaking consumers.