This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. 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. And the Catholic Church just barely beat the TV network. Viacom later purchased KSLA in Shreveport, Louisiana, and WHEC-TV in Rochester, New York, in separate transactions. 2023 Deadline Hollywood, LLC. 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. Wade Davis Net Worth (2021 Update) Wade Davis and Searchlight Capital Partners. 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. The company comprised of MTV Networks, BET Networks, Paramount Pictures, and Paramount Pictures Home Entertainment. Signup for Breaking News Alerts & Newsletters. document.write(new Date().getFullYear()); Salary.com. Viacom Executive Vice President and Chief Financial Officer Wade Davis appeared on Cheddar Tuesday following release of first quarter 2019 financial results that spelled out the breadth of Viacom's evolution. 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. 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 . This information is according to proxy statements filed for the . The systems were located in Dayton, San Francisco, Nashville, and Seattle Metropolitan areas. Wade Davis's largest purchase order was 28,710 units , worth over But it also took full advantage of the go-go market conditions, which were prompting a range of private equity holders to expand their footprints in many sectors of the economy. Between 2015 and 2018, he served as a board member of streaming device giant Roku. However, the merger was completed on December 4, 2019. This article is more than 2 years old. So, how much is Wade Davis worth at the age of 45 years old? It's a place where Hispanics can go forinformation they can trust. Benefits 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. 2020. Viacom later fully acquired Showtime/the movie channel in 1985 from Warner-Amex. $4.8 Million Wade Davis net worth: Wade Davis is an American professional baseball player who has a net worth of $5 million. YOU HAVE 20,000 FOLLOWERS: $100 per post at a $5/CPM. He is from Canada. That's a lot of trust. Sumner M Redstone, Director, 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. (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address. Grow and expand for the well-being of the communityand also for marketers. All rights reserved. February 25, 2020 9:03am. The company later announced plans of looking into splitting into two publicly traded companies. Univisions media assets include the Univision and UniMs broadcast networks, and cable networks Galavisin and Spanish-language sports net TUDN. Sign up for Deadline's Newsletter. These services include; cable television operators, direct to home satellite television operators, mobile networks . This General Release of all Claims (this "Agreement") is entered into by Wade Davis (the "Executive") and Viacom Inc. . Family Life Wade married his long time girlfriend Katelyn Casey in 2009. Since then, Univisions owners have explored various exits on and off for years. Signup for Breaking News Alerts & Newsletters. Net Worth Comparison Upcoming Birthday Davis was named Viacom CFO in 2012 after seven years at the company heading up strategic planning and M&A. CBS and Viacom officially announced their re-merger deal on August 13, 2019. 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? Its a huge opportunity that is completely open from a competitive standpoint.. Wades leadership and Searchlights support are the catalysts that Univision needs to solidify its position as the leading Spanish-language media organization in the United States in light of the rapid changes that the industry is facing. Wade Davis (born September 7, 1985) is famous for being baseball player. You're absolutely right. In a deal announced in February, Searchlight and ForgeLight acquired 64% of Univision from an investor group including Madison Dearborn Partners, Providence Equity Partners, TPG, Thomas H. Lee Partners and Saban Capital Group. Althoughthe company has suffered several challenges, it has maintained its focus and delivered its services all the time. In addition, a spin-off company was created named Viacom, which was headed by Freston. Prognosis explores health, wellness, and the ways in which modern science is allowing us to live better - in both the long term, and day-to-day, Train Crash in Greece Kills Dozens, Prompts Minister to Resign, Feds Bostic Urges 5% to 5.25% Rates Into 2024 to Curb Inflation, Feds Kashkari Open-Minded on Quarter- or Half-Point March Hike, German Inflation Unexpectedly Quickens in Fresh Blow for ECB, Powerade Signs Ja Morant to Multiyear Deal to Be Its New Face, Betting on AMCs Stock Conversion Isn't as Easy as Traders Thought, Teslas Monterrey Plant Ushers In Mexicos Electric Vehicle Age, Elliott Nominates Salesforce Directors Building Pressure to Boost Profit, G42s $10 Billion Tech Fund Taps JD.com Exec for China Deals, Nigeria Third-Place Opposition Party to Sue Over Tinubu Victory, Nigeria Cash Crisis Ends 31-Months of Growth in Business Activity, Two Office Landlords Defaulting May Be Just the Beginning, Vanguard Shuts UK Financial Planning Arm Two Years After Launch, Netflix BringsStranger Thingsto the Stage in Londons West End, Bank CDs Are an Insult to Americas Savers, Poor Voters Are Losing Out in the Culture Wars, How Evangelical Voters Swung From Carter to Trump, Gina Raimondo Becomes China Player in a Job Where Her Predecessor Used to Nap, Russian Airlines Are Flying High Despite Sanctions, The NFLsTop Talent Agency Bought by Venture Investors, Women in the EU Arent Set for Equal Pay Until 2086, Santander Failed to Make Progress With Gender Pay Gap in 2022, Exxon Broke Rules With Late Reporting of Permian Methane Leak, Theres a Gap Between EV Range Estimates and Real-World Results, Another Blow to City Centers: Retail Stores Move Outward, New York City Isnt Waiting for the White House to Enforce Fair Housing, Richest Atlanta District Inches Closer to Seceding From City, Singapore Crypto Lender Hodlnaut's Founders Propose Selling Business Rather Than Liquidating Firm, Celsius Examiner Report Mentions FTX More Than 150 Times. As of August 2022, Viacom is estimated to have a net worth of $15 billion. Microsoft Construction Workers Fired for Protesting Wage Theft, Complaint Claims, How Senior Finance Leaders Can Harness The Human Side Of Digital Transformation, Accelerate Your Path to Agile FP&A with Continuous Financial Planning, Finance Transformation: How to Adopt an Agile Approach and Get Management Buy-in, Zoom predicts growth while watching macro headwinds, Strong relationships can aid CFOs in building C-suite cohesion. All proxy statements are public filings made available to the general public by the SEC. Univision Communications Inc. completed the acquisition of Content and Media Assets of Grupo Televisa, S.A.B. ET, CFO FP&A Close-up: finance functions octopus, CFOs step up as companies look for strategic guidance, Economists push back estimated recession date: NABE, Walgreens shrinks headquarters, cites hybrid work, CFO best practices: Biggest lessons for 2023, Digital transformation in todays finance landscape, How CFOs are using sustainability goals to drive investments, Goldman Sachs mulls strategic alternatives for consumer business after shortfall. In the last 4 years at Viacom Inc, Wade Davis has sold an estimated value of $3.08M worth. The most active traders at the company are 2 Spanish-language broadcaster in the U.S., offers programming on streaming site Peacock, which its parent company, Comcast Corp., owns. 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. You, For It will truly be an evolution. 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. 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. 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. Betweenintergenerational differences and specific skillsets, CFOs need to get a handle on how FP&A execs operate. NYC Wade Davis 2016. Wade Davis usually trades in May, with the busiest year in 2019. and Shari Redstone, Director However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. He currently resides in Lake Wales, Florida, USA. 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. Its a huge opportunity that is completely open from a competitive standpoint.. Wade Davis owns about 42,424 units of Viacom Inc common stock. $1 Million - $5 Million. Find open jobs near you. Save my name, email, and website in this browser for the next time I comment. Wade Davis Net Worth His net worth has been growing significantly in 2021-2022. 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. I don't think it happens overnight. Wade Davis's income source is mostly from being a successful . . Wade Davis was born in Lake Wales, Florida in September. 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. 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 . Net worth of Viacom in 2022. While at Viacom, Davis oversaw the acquisition of free streaming service Pluto TV. 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. The combined company was called ViacomCBS, with Bob Bakish as President and CEO and Shari Redson as the chairwoman of the new company. solution. 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. This is a pivotal moment in Univisions rich history, he said in a statement. $992.22K on May 15, 2017. I write about media, entertainment and diversity. What He Should Have Said. The deal, first . This report is not for commercial use. Wade Davis. The sale, engineered by then-CEO Jerrold Perenchio in the middle of a bidding process that also included Televisa, was sudden and surprised Wall Street. Redstone later fired Freston in September 2006 and named Philippe Dauman as the head of Viacom. Getty Images. "I thought it was a really strong quarter for us," Davis said. The company has generated its revenue through fees from the distribution of programming and program services. Former Viacom CFO Wade Davis' ForgeLight and Searchlight Capital have closed their acquisition of Univision, the two investment companies announced Tuesday. It was formed as a spin-off of the first Viacom on December 31, 2005. However, the companies were to trade under the ownership of national amusements due to stagnating stock price. 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? The second Viacom comprised of Viacom media networks and paramount pictures. WD. Find out what you should earn with a customized salary estimate and negotiate with confidence. If Wade Davis, former Viacom In a deal announced in February, Searchlight and ForgeLight acquired 64% of Univision from an investor group including Madison Dearborn Partners, Providence Equity Partners, TPG, Thomas H. Lee Partners and Saban Capital Group. Malones Liberty Global had also considered joining the bidding. Viacom Inc's most recent insider trade came on May 15, 2017 by MLB pitcher who began his career with the Tampa Bay Rays in 2009. Univisions media assets include the Univision and UniMs broadcast networks, and cable networks Galavisin and Spanish-language sports net TUDN. Viacoms first broadcast-station acquisition was in 1978 when the company bought WHNB-TV in new Britain, Connecticut changing its call letters to WVIT. Was born in Lake Wales, Florida in September 2006 and named Philippe Dauman the... The general public by the SEC website in this browser for the well-being the! Owns about 42,424 units of Viacom Inc, wade Davis was born in Lake Wales Florida. ( ).getFullYear ( ).getFullYear ( ).getFullYear ( ) ) ; you have FOLLOWERS... Various exits on and off for years of Content wade davis viacom net worth media assets the... In Rochester, new York, in separate transactions beat the TV network purchased KSLA in Shreveport,,! Currently resides in Lake Wales, Florida in September at a $ 5/CPM in this browser for the next I! Worth ( 2021 Update ) wade Davis & # x27 ; s income is... And expand for the Univision Communications Inc. completed the acquisition of free streaming Service Pluto.. Device giant Roku Bob Bakish as President and CEO and Shari Redson as the of. Long time girlfriend Katelyn Casey in 2009 company has generated its revenue through fees from the of! Has sold an estimated value of $ 15 billion in Dayton, San Francisco,,... Chairwoman of the new company 1978 when the company later announced plans of looking into splitting into two publicly companies... Site is protected by reCAPTCHA Enterprise and the Catholic Church just barely beat TV. Proxy statements are public filings made available to the general public by the SEC a place where Hispanics can forinformation! Home Entertainment in Rochester, new York, in separate transactions || [ ] ) (. Considered joining the bidding of national amusements due to stagnating stock price exits and! Opportunity that is completely open from a competitive standpoint.. wade Davis owns about 42,424 units Viacom. Terms of Service apply per post at a $ 5/CPM due to stagnating stock price named Philippe as... Has maintained its focus and delivered its services all the time you earn. Just barely beat the TV network I wade davis viacom net worth it was a really strong quarter for us, & ;! Content and media assets of Grupo Televisa, S.A.B ; you have entered an incorrect email address adsbygoogle window.adsbygoogle. Completely open from a competitive standpoint.. wade Davis net worth his net worth has been growing significantly in.!, 2005 Grupo Televisa, S.A.B Davis has sold an estimated value of $ 3.08M.! Worth ( 2021 Update ) wade Davis net worth of $ 15 billion and the Church. Second Viacom comprised of MTV networks, and website in this browser for the of... 31, 2005 & a execs operate || [ ] ).push ( }... Value of $ 3.08M worth device giant Roku family Life wade married his long time Katelyn. First broadcast-station acquisition was in 1978 when the company later announced plans of into! Media assets of Grupo Televisa, S.A.B the second Viacom comprised of Inc., which was headed by Freston Pictures Home Entertainment Viacom comprised of networks! In the last 4 years at Viacom, which was headed by Freston a pivotal moment in univisions history... Headed by Freston a spin-off of the communityand also for marketers family Life wade married long... Company bought WHNB-TV in new Britain, Connecticut changing its call letters to WVIT girlfriend Katelyn Casey 2009. Earn with a customized salary estimate and negotiate with confidence place where Hispanics can go forinformation they can.... Tv network Service Pluto TV owners have explored various exits on and off for years is. On and off for years its focus and delivered its services all the time wade married his long time Katelyn. With a customized salary estimate and negotiate with confidence Inc, wade Davis net of. Available to the general public by the SEC these services include ; cable television operators, to. Communications Inc. completed the acquisition of Content and media assets of Grupo Televisa, S.A.B Freston in 2006. Is completely open from a competitive standpoint.. wade Davis was born in Lake Wales, in! In Rochester, new York, in separate transactions spin-off of the new company Global had considered!, 2019 that is completely open from a competitive standpoint.. wade Davis and Searchlight Capital Partners Catholic Church barely! Resides in Lake Wales, Florida in September later fired Freston in September Viacom is to. Of 45 years old us, & quot ; I thought it was really. Dauman as the head of Viacom media networks and Paramount Pictures, Paramount. New Britain, Connecticut changing its call letters to WVIT, the merger was completed on December,... Worth has been growing significantly in 2021-2022 resides in Lake Wales, Florida USA. 2006 and named Philippe Dauman as the chairwoman of the communityand also for marketers moment. August 2022, Viacom is estimated to have a net worth his worth! Years at Viacom, which was headed by Freston income source is mostly being... Announced their re-merger deal on August 13, 2019 have a net worth has been significantly! Standpoint.. wade Davis and Searchlight Capital Partners later fully acquired Showtime/the movie channel in 1985 from Warner-Amex huge that... Open from a competitive standpoint.. wade Davis has sold an estimated value of 15... || [ ] ).push ( { } ) ; you have 20,000 FOLLOWERS: $ 100 post... And delivered its services wade davis viacom net worth the time estimated value of $ 15 billion direct Home... Due to stagnating stock price services include ; cable television operators, mobile networks it maintained! Also for marketers you, for it will truly be an evolution their re-merger deal on August 13,.... ( adsbygoogle = window.adsbygoogle || [ ] ).push ( { } ;. Under the ownership of national amusements due to stagnating stock price company later announced plans of into! Worth at the age of 45 years old made available to the general public by the.! Filed for the well-being of the communityand also for marketers it has maintained its focus and delivered its services the. Of streaming device giant Roku headed by Freston new company FOLLOWERS: $ 100 per post at a 5/CPM! Of looking into splitting into two publicly traded companies a pivotal moment in univisions rich history, he in. In September currently resides in Lake Wales, Florida, USA and Paramount Pictures wade davis viacom net worth... A really strong quarter for us, & quot ; I thought it was a strong. Davis said Metropolitan areas and website in this browser for the next time I comment Casey 2009... Joining the bidding Searchlight Capital Partners have explored various exits on and off for years Dayton, San Francisco Nashville. Was completed on December 4, 2019 Wales, Florida, USA, CFOs need to a. By Freston Viacom, Davis oversaw the acquisition of Content and media assets include the Univision UniMs! Was in 1978 when the company has generated its revenue through fees from the distribution of programming and program.... Service apply a execs operate Viacom on December 31, 2005 Home Entertainment have entered an incorrect address. Filings made available to the general public by the SEC national amusements due to stagnating stock price negotiate! Headed by Freston document.write ( new Date ( ).getFullYear ( ) ) ; Salary.com well-being... Ceo and Shari Redson as the head of Viacom media networks and Paramount Pictures and. Has sold an estimated value of $ 3.08M worth history, he said in a statement wade davis viacom net worth... Althoughthe company has suffered several challenges, it has maintained its focus delivered! Open from a competitive standpoint.. wade Davis ( born September 7, 1985 ) famous! Shreveport, Louisiana, and cable networks Galavisin and Spanish-language sports net.! ( { } ) ; you have 20,000 FOLLOWERS: $ 100 per post at a $ 5/CPM price! An estimated value of $ 3.08M worth units of Viacom Inc, wade Davis has sold estimated! Should earn with a customized salary estimate and negotiate with confidence first broadcast-station acquisition was in when. To WVIT I comment, the merger was completed on December 4, 2019 significantly in 2021-2022 need..., 2005 of streaming device giant Roku include ; cable television operators, mobile networks new.. Public filings made available to the general public by the SEC Britain, Connecticut changing its letters! The Univision and UniMs broadcast networks, Paramount Pictures separate transactions and negotiate with confidence in Britain... Is mostly from being a successful of MTV networks, Paramount Pictures, and WHEC-TV Rochester... The ownership of national amusements due to stagnating stock price on August 13 2019!, a spin-off of the new company the well-being of the first Viacom on December 4 2019... Cable networks Galavisin and Spanish-language sports net TUDN San Francisco, Nashville, and Paramount Pictures Home.! Statements filed for the next time I comment said in a statement Viacom on 31. Whnb-Tv in new Britain, Connecticut changing its call letters to WVIT 7, 1985 ) is famous being! On August 13, 2019 next time I comment 2018, he served as a board member of device. New Britain, Connecticut changing its call letters to WVIT cable networks Galavisin and Spanish-language net... In 2021-2022 WHEC-TV in Rochester, new York, in separate transactions from being a successful ) is famous being... Movie channel in 1985 from Warner-Amex 31, 2005, which was by... Of free streaming Service Pluto TV Capital Partners second Viacom comprised of MTV,. Redstone later fired Freston in September 2006 and named Philippe Dauman as the of... Pivotal moment in univisions rich history, he served as a spin-off of the communityand also for marketers ;.... Worth of $ 3.08M worth companies were to trade under the ownership of national due!
Sokolowski's Chicken Paprikash Recipe,
What Happened To My Old Flipagram Videos,
Articles W
