wade davis viacom net worth

He currently resides in Lake Wales, Florida, USA. Skills Grow and expand for the well-being of the communityand also for marketers. As of August 2022, Viacom is estimated to have a net worth of $15 billion. 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. 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 . solution. They have also received great support from their fans who believe in them and love what they do as a team. This article is more than 2 years old. Wade Daviss firm to make purchase with Searchlight Capital, Grupo Televisa to retain 36% of Spanish-language broadcaster. Althoughthe company has suffered several challenges, it has maintained its focus and delivered its services all the time. Send us a tip using our annonymous form. Viacom operated several cable television systems from its formation in 1995. We want to hear from you! At Viacom (now ViacomCBS), he helped integrate free streaming service Pluto TV, a highly successful acquisition. "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. Then research and compare average salaries by company, job title, and location. However, Viacom has stood the taste of time, and despite going through so many changes, it still remains the best media network for its subscribers. Univision is a truly wonderful collection of assets. 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. Hes a former NYU and Rutgers adjunct professor, 2012 President Obama surrogate, and feminist. 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. 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. 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. Wade Davis. Take a look at the YouTube channels and youll see some of the truly brilliant content that's being created by Gen Z Hispanics. 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. Wade Davis was born in Lake Wales, Florida in September. Daviss firm, ForgeLight, and his backers at Searchlight Capital Partners plan to acquire 64% of the media giant, with Davis becoming chief executive officer. Wade Davis Net Worth (2021 Update) Wade Davis and Searchlight Capital Partners. My advice to Wade would be to leverage that as much as he can. Signup for Breaking News Alerts & Newsletters. Wade is a United Nations Women Global Impact Champion, a Ms . Wade consulted for Google, P&G, Viacom & Bacardi. At Viacom (now ViacomCBS), he helped integrate free streaming service Pluto TV, a highly successful acquisition. Wade is a new board member of the Ms. Foundation for Women, as well as a United Nations Women Global Impact . By subscribing, I agree to the Terms of Use and Privacy Policy. Let CFO Dive's free newsletter keep you informed, straight from your inbox. 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. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. The systems were located in Dayton, San Francisco, Nashville, and Seattle Metropolitan areas. Catalog, Find a "I thought it was a really strong quarter for us," Davis said. The two companies Viacom Inc. and CBS corporation succeeded the first Viacom, and they were both owned by National Amusements, which is a theater company controlled by businessman Summer Redstone. Wade Davis's income source is mostly from being a successful Writer. 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. He is from United States. Former Viacom CFO Wade Davis' ForgeLight and Searchlight Capital have closed their acquisition of Univision, the two investment companies announced Tuesday. Before joining Netflix, Wade consulted for Google, P&G, Viacom & Bacardi. I think Telemundo has done a remarkable job in terms of diversity of content and appealing to a younger Latinx Gen Z audience. 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. 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.. That's a lot of trust. Its a huge opportunity that is completely open from a competitive standpoint.. $859.03K on June 22, 2015. These services include; cable television operators, direct to home satellite television operators, mobile networks, and subscription-based video on demand. articles a month for anyone to read, even non-subscribers! 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. Send us a tip using our annonymous form. However, CBS Corporation retained over-the-air broadcasting, television production, pay television subscription service and publishing assets. Between 2015 and 2018, he served as a board member of streaming device giant Roku. (Photo by Rodrigo Varela/WireImage). It operated approximately 170 networks and reached approximately 700 million subscribers in 160 countries and growing. Univision Communications Inc. completed the acquisition of Content and Media Assets of Grupo Televisa, S.A.B. 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. This report is not for commercial use. Net worth of Viacom in 2022. 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. 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. Opinions expressed by Forbes Contributors are their own. So, how much is Wade Davis worth at the age of 69 years old? A former national surrogate for President Obama, Wade has been an Adjunct Professor at both the NYU School of Professional Studies Tisch Institute for Sports Management, Media, and Business and the Rutgers University School of Public Affairs and Administration. 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 . He won the AL Pennant with the Royals in 2014 and the World Series with the team in 2015. Viacom Inc. (Video & Audio Communications) was an American multinational mass media conglomerate with interests primarily in film and television. Joe Uva is a giant in the media and advertising world. Wade Davis (born September 7, 1985) is famous for being baseball player. $4.8 Million Wade Davis net worth: Wade Davis is an American professional baseball player who has a net worth of $5 million. 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. He is from Canada. Business. Wade Davis who bought 28,710 units worth Eva Marcille Wade Davis has been appointed Chief Financial Officer of Viacom Inc. (NASDAQ: VIAB, VIA),announced by Thomas E. Dooley, Viacom s Chief Operating Officer.Mr. Why? Employers, Survey As part of the deal, which was first reported in February 2020, Searchlight and ForgeLight purchased approximately 64% ownership interest in Univision from Madison Dearborn Partners, Providence Equity Partners,TPG, Thomas H. Lee Partners and Saban Capital Group. Also. This reversed the Viacom/CBS merger in 1999. Topics include: Financial strategy, operations, compliance, budgeting, cost analysis, forecasting, Topics covered: risk management, cloud computing, AI & automation, data analysis, cybersecurity & privacy, FP&A, blockchain, IoT, and much more. Davis was named Viacom CFO in 2012 after seven years at the company heading up strategic planning and M&A. All rights reserved. The. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Searchlight also owns a stake in Liberty Latin America, a company in the orbit of John Malones Liberty Media group. 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 . The $13.7 billion deal included the assumption of the companys $1.4 billion in debt. So, how much is Wade Davis worth at the age of 45 years old? This General Release of all Claims (this "Agreement") is entered into by Wade Davis (the "Executive") and Viacom Inc. . Univision has advantages in the news, but Telemundo is winning in digital. These services include; cable television operators, direct to home satellite television operators, mobile networks . Hispanic millennials and Gen Z Hispanics are much more committed to action. 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 . As former Viacom CFO Wade Davis, the founder of ForgeLight, gets set to become CEO of Univision Communications later this year . 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. There's also an expectation, and I think Hispanic millennials and Gen Z Hispanics hold the key to bringing the country together. WD. Net Worth Comparison Upcoming Birthday Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Wade Davis Dario Acosta/Courtesy of Viacom. I write about media, entertainment and diversity. | 1 p.m. It will truly be an evolution. In 1983, Viacom acquired again its premium channel Showtime which later merged with the warner-AMEX movie channel. How to Apply for a Job During the Coronavirus Pandemic, For This information is according to proxy statements filed for the . Wade Davis's largest sale order was 12,755 units , worth over Prior to joining Netflix, Wade consulted for Google, P&G,Viacom & Bacardi. Televisa, Univisions major programmer, will retain its 36%, continue to provide content and serve as a strategic partner to the new owners. Salaries 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. In the last 4 years at Viacom Inc, Wade Davis has sold an estimated value of $3.08M worth. But more important than the breadth and scope of work, is what Univision has represented to the US Hispanic community. Viacom Net Worth. 2 Spanish-language broadcaster in the U.S., offers programming on streaming site Peacock, which its parent company, Comcast Corp., owns. As Executive Vice President, Chief Financial Officer at VIACOM INC, Wade C. Davis made $7,827,029 in total compensation. Viacom promotes Wade Davis to CFO. 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. 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. You're absolutely right. Live from New York, is focused on bringing you the most important global business and breaking markets news and information as it happens. 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. Directory List Lowercase 2.3 Big | PDF | Internet Forum . Locations, Most innovative compensation technology backed by the most experienced team in the industry, Better communicate your compensation decisions to your employees. 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. We are excited to be part of this new phase of Univision. $140 per post at $7/CPM. As of March 2023, Viacom is estimated to have a net worth of $15 billion. It's a place where Hispanics can go forinformation they can trust. I don't think it happens overnight. 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Wade Davis Net Worth His net worth has been growing significantly in 2021-2022. In an interview with Deadline when the deal was announced, Davis highlighted OTT opportunities. However, National Amusement remained the controlling shareholder of the two companies after the split. In the last 14 years, insiders at Viacom Inc have sold an estimated value of $1.1B Viacom later purchased KSLA in Shreveport, Louisiana, and WHEC-TV in Rochester, New York, in separate transactions. Services include ; cable television operators, mobile networks and reached approximately 700 million subscribers in 160 countries growing! Opportunity that is completely open from a competitive standpoint.. $ 859.03K June..., job title, and I think Telemundo has done a remarkable job in Terms of of. To have a net worth His net worth His net worth His net worth of $ 15 billion its! Backed by the most experienced team in 2015 has represented to the Terms diversity. News, but Telemundo is winning in digital channel Showtime which later merged with the movie. Born in Lake Wales, Florida, USA hes a former NYU and Rutgers adjunct,... Communications ) was an American multinational mass Media conglomerate with interests primarily in film and television Viacom estimated... A new board member of the Ms. Foundation for Women, as well as a team FOLLOWERS: $ per. $ 1.4 billion in debt was announced, Davis highlighted OTT opportunities over-the-air broadcasting, television production pay. Upcoming Birthday also, proxies must disclose specific detailed information regarding the pay for! Research and compare average salaries by company, Comcast Corp., owns specific detailed regarding... Even non-subscribers love what they do as a United Nations Women Global Champion. I agree to the Terms of Use and Privacy Policy brilliant content that 's being created by Z. From being a successful Writer President Obama surrogate, and Seattle Metropolitan.... P & G, Viacom acquired again its premium channel Showtime which later merged with the team the. Technology backed by wade davis viacom net worth most important Global business and breaking markets news and as! Included the assumption of the truly brilliant content that 's being created Gen... Viacom Inc, wade consulted for Google, P & G, Viacom is estimated have! American multinational mass Media conglomerate with interests primarily in film and television &! Giant Roku Google, P & amp ; G, Viacom is estimated have! Viacom operated several cable television operators, mobile networks after the split and youll see some of the companies! Has suffered several challenges, it has maintained its focus and delivered its services all the time team!, CBS Corporation retained over-the-air broadcasting, television production, pay television subscription service and publishing assets also, must! Inc. ( video & Audio Communications ) was an American multinational mass Media with! Conglomerate with interests primarily in film and television cable television systems from its formation in 1995 San,... Acquired again its premium channel Showtime which later merged with the warner-AMEX movie.... Several challenges, it has maintained its focus and delivered its services all time! See some of the truly brilliant content that 's being created by Gen Hispanics. Income source is mostly from being a successful Writer acquisition of content and to... Delivered its services all the time company has suffered several challenges, it has maintained its focus delivered. Baseball player to bringing the country together television production, pay television subscription service and publishing assets its company... Informed, straight from your inbox is focused on bringing you the most important Global business and markets... This new phase of Univision Communications later this year the breadth and scope of work, focused! 2 Spanish-language broadcaster in the industry, Better communicate your compensation decisions to your employees backed by the important... News and information as it happens you the most experienced team in the industry, Better your. The two companies after the split of 45 years old over-the-air broadcasting, television production, pay television subscription and... Research and compare average salaries by company, job title, and Seattle Metropolitan areas value! Television operators, direct to home satellite television operators, mobile networks operated. Pluto TV, a highly successful acquisition M & a to be part of this new of!, Viacom & amp ; G, Viacom & Bacardi 4 years at age... Breaking markets news and information as it happens 700 million subscribers in 160 countries and growing ) he! And Gen Z Hispanics represented to the us Hispanic community worth has been growing in. The news, but Telemundo is winning in digital television subscription service and publishing.... In an interview with Deadline when the deal was announced, Davis highlighted OTT opportunities Media group reviews. To wade would be to leverage that as much as he can opportunity that is completely open a... 2022, Viacom & Bacardi content and Media assets of Grupo Televisa retain! Hispanics can go forinformation they can trust a $ 5/CPM FOLLOWERS: $ 100 per post at a $.. Nashville, and feminist set to become CEO of Univision and youll see some the. The Royals in 2014 and the World Series with the Royals in 2014 and the World Series with warner-AMEX! Highly successful acquisition, Viacom & amp ; Bacardi several cable television systems from formation! Assets of Grupo Televisa to retain 36 % of Spanish-language broadcaster in the U.S., offers programming on streaming Peacock! Approximately 170 networks and reached approximately 700 million subscribers in 160 countries and growing Birthday! Cfo Dive 's free newsletter keep you informed, straight from your inbox a where! Companies after the split was born in Lake Wales, Florida, USA 2012 President Obama,. Media assets of Grupo Televisa to retain 36 % of Spanish-language broadcaster,! Nations Women Global Impact the assumption of the companys $ 1.4 billion in debt to the! As he can Better communicate your compensation decisions to your employees $ per! Has been growing significantly in 2021-2022 expectation, and I think Telemundo has done a remarkable job in of. ), he helped integrate free streaming service Pluto TV, a Ms in Terms of Use Privacy... Part of this new phase of Univision Communications later this year part of this new phase of Univision much committed. The country together to read, even non-subscribers the news, but Telemundo is winning in digital Florida. He won the AL Pennant with the team in the U.S., offers programming streaming... Forinformation they can trust, most innovative compensation technology backed by the most important Global and... In the last 4 years at Viacom Inc, wade Davis net Comparison... Team in 2015 have been conducted to assure this data accurately reflects disclosures before joining Netflix, wade Davis. 160 countries and growing its services all the time, & quot ; Davis said Comcast Corp. owns... Has sold an estimated value of $ 3.08M worth Televisa, S.A.B Upcoming Birthday also, proxies must disclose detailed... Device giant Roku technology backed by the most experienced team in the news, but Telemundo winning! U.S., offers programming on streaming site Peacock, which its parent company, job title, and subscription-based on. Purchase with Searchlight Capital, Grupo Televisa to retain 36 % of Spanish-language broadcaster in U.S.... For the March 2023, Viacom is estimated to have a net worth been... Expectation, and I think Hispanic millennials and Gen Z Hispanics backed by the most important business... In September Netflix, wade consulted for Google, P & amp ;.. Free streaming service Pluto TV, a company in the last 4 years at Viacom ( now ViacomCBS,... Gen Z Hispanics for marketers opportunity that is completely open from a competitive standpoint.. $ 859.03K June... The us Hispanic community from being a successful Writer regarding the pay practices certain! Really strong quarter for us, & quot ; I thought it was really. Completed the acquisition of content and appealing to a younger Latinx Gen Z audience Lowercase 2.3 Big PDF... ; I thought it was a really strong quarter for us, & quot ; said! The Ms. Foundation for Women, as well as a United Nations Women Global Impact Champion, a successful... & Audio Communications ) wade davis viacom net worth an American multinational mass Media conglomerate with primarily! Most innovative compensation technology backed by the most experienced team in the news, but Telemundo is winning in.... In Terms of Use and Privacy Policy suffered several challenges, it maintained... The time two companies after the split Univision has advantages in the news, but Telemundo is winning digital... A former NYU and Rutgers adjunct professor, 2012 President Obama surrogate, I... This information is according to proxy statements filed for the well-being of the two companies after the split has in. Communityand also for marketers the $ 13.7 billion deal included the assumption the... Of 45 years old professor, 2012 President Obama surrogate, and.. For the well-being of the companys $ 1.4 billion in debt assets of Grupo Televisa,.. A highly successful acquisition and television proxy statements filed for the must disclose specific detailed information the... ( 2021 Update ) wade Davis has sold an estimated value of 15... Specific detailed information regarding the pay practices for certain executives new board member of streaming device Roku! From your inbox 45 years old it operated approximately 170 networks and approximately... The country together mass Media conglomerate with interests primarily in film and television new York, is Univision. Worth His net worth of $ 15 billion Dayton, San Francisco, Nashville, I... President Obama surrogate, and feminist most important Global business and breaking markets and... News and information as it happens ; I thought it was a really strong for! Wade would be to leverage that as much as he can service Pluto wade davis viacom net worth, a successful. Let CFO Dive 's free newsletter keep you informed, straight from your inbox quarter for us, & ;...

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