wade davis viacom net worth
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. If Wade Davis, former Viacom 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. 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. 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. New York, NY 10036. . Live from New York, is focused on bringing you the most important global business and breaking markets news and information as it happens. Bloomberg Markets Americas. 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. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. As of March 2023, Viacom is estimated to have a net worth of $15 billion. WORTH Published on February 9, 2020 . In this interview, Uva shares his advice for the new Univision leadership team, provides the same for Telemundo and discusses his prediction for how the market will evolve. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). That's a lot of trust. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Signup for Breaking News Alerts & Newsletters. I write about media, entertainment and diversity. (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address. Viacom later bought VIVA media AG in 2004, the German equivalent to MTV. As former Viacom CFO Wade Davis, the founder of ForgeLight, gets set to become CEO of Univision Communications later this year . Send us a tip using our annonymous form. Wade is a United Nations Women Global Impact Champion, a Ms. Foundation for Women board member and strategic partner to the MeToo Movement and Times Up. Before that, he worked as president and CEO of Univision and held the same leadership roles at global media agency OMD Worldwide. A Univision spokesperson declined Bloomberg's requests for comment. In an interview with Deadline when the deal was announced, Davis highlighted OTT opportunities. Get our latest storiesin the feed of your favorite networks. Since then, Univisions owners have explored various exits on and off for years. 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. Later in 1987, Viacom bought MTV networks, which owned MTV and Nickelodeon. Benefits In February, to Bloomberg News, Davis described the market for a Spanish-language streaming service as "wide open. 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. Investment firms Searchlight Capital Partners, ForgeLight, founded by former Viacom CFO Wade Davis, with Mexicos Grupo Televisa announced Tuesday theyve completed the acquisition of giant Spanish-language broadcaster Univision. Univision Communications Inc. plans to launch a streaming service this year. By subscribing, I agree to the Terms of Use and Privacy Policy. 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. With your extensive experience in the space, how do you see the Hispanic media and advertising market evolving? Get our latest storiesin the feed of your favorite networks. 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 remarkable position. We have estimated Wade Davis's net worth , money, salary, income, and assets. Viacom Inc's most recent insider trade came on May 15, 2017 by 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. 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. Wade Davis who bought 28,710 units worth Davis will be CEO. 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. This has been evident by the number of awards and nominations as well as honors they have received over the years. This is the reason why, as a company, they are able to team up together every time. In addition, a spin-off company was created named Viacom, which was headed by Freston. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. It operated approximately 170 networks and reached approximately 700 million subscribers in 160 countries and growing. Joe Uva is a giant in the media . Searchlight also owns a stake in Liberty Latin America, a company in the orbit of John Malones Liberty Media group. We want to hear from you! 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. You, For On August 13, 2019, the second merger between Viacom and CBS was announced, which created a combined company, ViacomCBS. The. 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 . Viacom Inc's most recent insider trade came on May 15, 2017 by Whether were talking about Hispanics, African Americans, the LGBTQ communities, Asian Americanstheres a greater tolerance. The value finance leaders bring to operations is varied but they share a forward-looking vision. Betweenintergenerational differences and specific skillsets, CFOs need to get a handle on how FP&A execs operate. $859.03K on June 22, 2015. The company has generated its revenue through fees from the distribution of programming and program services. Wade Davis's income source is mostly from being a successful . As of 2023, Wade Davis's net worth is $100,000 - $1M. This interview has been edited for brevity and clarity. 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. VIAB That it will cost him $1,000 an hour. How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal, Stocks Pare Drop as Traders Assess Data, Fedspeak: Markets Wrap, Cash Is Paying More Than Traditional Stock-Bond Portfolio. . Also. Deadline is a part of Penske Media Corporation. Its really remarkable when you look at the competitive landscape that there is no high-quality, differentiated OTT service for this audience that is at scale. This article is more than 2 years old. The deal was completed on December 4, 2019. However, the merger was completed on December 4, 2019. 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. We are excited to be part of this new phase of Univision. document.write(new Date().getFullYear()); Salary.com. Sign up for Deadline's Newsletter. c/o Viacom Inc. 1515 Broadway. He was previously a media and tech investment banker. Industries Wade Daviss firm to make purchase with Searchlight Capital, Grupo Televisa to retain 36% of Spanish-language broadcaster. Its a huge opportunity that is completely open from a competitive standpoint.. unless such ownership constitutes a significant portion of your net worth. While at Viacom, Davis oversaw the acquisition of free streaming service Pluto TV. - Wade Davis Net Worth Stats - When is Wade Davis's birthday? I think Telemundo has done a remarkable job in terms of diversity of content and appealing to a younger Latinx Gen Z audience. They're going to be part of what I think is the overall evolution of equality. You're absolutely right. Wade Davis was born in Lake Wales, Florida in September. At Viacom (now ViacomCBS), he helped integrate free streaming service Pluto TV, a highly successful acquisition. . Viacom has promoted Wade Davis to chief financial officer, replacing Jimmy Barge. Charles E. Phillips, Jr., Director, Companies In all seriousness, I think Wade has a unique opportunity. Davis was named Viacom CFO in 2012 after seven years at the company heading up strategic planning and M&A. Why? 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 . Take a look at the YouTube channels and youll see some of the truly brilliant content that's being created by Gen Z Hispanics. (Podcast), Chief Executive Officer, Univision Communications Inc. Former Viacom CFO Wade Davis' ForgeLight and Searchlight Capital have closed their acquisition of Univision, the two investment companies announced Tuesday. . Joe Uva is a giant in the media and advertising world. 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? Univisions media assets include the Univision and UniMs broadcast networks, and cable networks Galavisin and Spanish-language sports net TUDN. WD. 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. Between 2015 and 2018, he served as a board member of streaming device giant Roku. Viacom later purchased KSLA in Shreveport, Louisiana, and WHEC-TV in Rochester, New York, in separate transactions. Viacom has been greatly honored, and their media networks have highly been appreciated all over the world. 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. "It's a huge opportunity that is completely open from a competitive standpoint.". Althoughthe company has suffered several challenges, it has maintained its focus and delivered its services all the time. Skills View Wade Davis's business profile as Chief Executive Officer at TelevisaUnivision. There were layoffs and turmoil in management ranks culminating with a shakeup that saw Vince Sadusky replace CEO Randy Falco. Univision has had a rocky road since going private in 2006. Wade Davis. Wade is a new board member of the Ms. Foundation for Women, as well as a United Nations Women Global Impact . Streaming has been a mainstay of Davis' career. Thorough reviews have been conducted to assure this data accurately reflects disclosures. At Viacom (now ViacomCBS), he helped integrate free streaming service Pluto TV, a highly successful acquisition. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. February 25, 2020 9:03am. These include; Nickelodeon Kids Choice Sports Award, Best Branded: MTV Fit Sessions, Best Promo or Trailer, and Best Entertainment Video Music Awards. 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. For the latest news, follow us on Facebook, Twitter, and Instagram. All proxy statements are public filings made available to the general public by the SEC. The second Viacom comprised of Viacom media networks and paramount pictures. SHARE. In an interview with Deadline when the deal was announced, Davis highlighted OTT opportunities. Viacom Net Worth. Employers, Survey This report is not for commercial use. 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. This reversed the Viacom/CBS merger in 1999. It was formed as a spin-off of the first Viacom on December 31, 2005. 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. Wade Davis Net Worth (2021 Update) Wade Davis and Searchlight Capital Partners. Its really remarkable when you look at the competitive landscape that there is no high-quality, differentiated OTT service for this audience that is at scale. 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? Signup for Breaking News Alerts & Newsletters. Ratings suffered from shifts in the television landscape and competition from rival Telemundo. The $13.7 billion deal included the assumption of the companys $1.4 billion in debt. Then research and compare average salaries by company, job title, and location. 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. Some of these accolades include; Best Music or Dance Program Award and Best Entertainment Presenter Host with Salman Khan in Bigg Boss Season 11. All rights reserved. And by the way, I think if you conducted that same research today, Univision would be higher than the Catholic Church. 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. These services include; cable television operators, direct to home satellite television operators, mobile networks, and subscription-based video on demand. Get the free daily newsletter read by industry experts. Univision has advantages in the news, but Telemundo is winning in digital. In . This documentary-style series follows investigative journalists as they uncover the truth. Viacom bought independently-run Dutch music video channel TMF in 2002, which at the time was broadcasting in Belgium and the Netherlands. The combined company was called ViacomCBS, with Bob Bakish as President and CEO and Shari Redson as the chairwoman of the new company. He served as chairman of NBCU Hispanic Enterprises and Content, which includes television network Telemundo. They not only understand the tastes of the community, they're the tastemakers. He is from United States. This resulted in Viacom return to operating radio stations after it originally exited the broadcast radio business in 1997. There are 100+ professionals named "Wade Davis", who use LinkedIn to exchange information, ideas, and opportunities. (BMV:TLEVISA CPO) for approximately $5.2 billion. Net Worth in 2022. A planned initial public offering in 2015 was scratched. Jobs Viacom operated several cable television systems from its formation in 1995. Univision announced plans to explore its options last summer. 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. Salary in 2022. I don't think it happens overnight. 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. 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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. As Executive Vice President, Chief Financial Officer at VIACOM INC, Wade C. Davis made $7,827,029 in total compensation. 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. 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. Southwest Airlines, +4 more But Univision will face competition for viewers from a growing number of Spanish-language programs on services like Netflix, which has over 36 million Latin American subscribers, and several original series in Spanish, Bloomberg wrote, adding that Telemundo, the No. 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. Find contact's direct phone number, email address, work history, and more. CBS and Viacom officially announced their re-merger deal on August 13, 2019. The systems were located in Dayton, San Francisco, Nashville, and Seattle Metropolitan areas. Insider trading is most common in May, with the busiest year in 2005. Wade is a United Nations Women Global Impact Champion, a Ms . It was later renamed CBS Enterprises in 1970 and later spun into its own company in 1971. Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens. Mexicos Grupo Televisa SAB, the companys longtime partner, will retain its 36% stake in Univision. No, I'm just kidding! 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. Why? So, how much is Wade Davis worth at the age of 45 years old? and bought an estimated value of $107.56M worth of shares. 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. Its investors, including Saban Capital Group, Madison Dearborn Partners and Providence Equity Partners, had long been seeking an exit and, before the coronavirus pandemic sent markets into a tailspin, considered an IPO. . Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Opinions expressed by Forbes Contributors are their own. 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. However, National Amusement remained the controlling shareholder of the two companies after the split. 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. Wade Davis (born September 7, 1985) is famous for being baseball player. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. 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. In 1983, Viacom acquired again its premium channel Showtime which later merged with the warner-AMEX movie channel. $992.22K . However, the companies were to trade under the ownership of national amusements due to stagnating stock price. Theyre extraordinarily creative and I think theyve found a voicefor themselves. Getty Images. solution. By subscribing, I agree to the Terms of Use and Privacy Policy. However, CBS Corporation retained over-the-air broadcasting, television production, pay television subscription service and publishing assets. articles a month for anyone to read, even non-subscribers! They have also received great support from their fans who believe in them and love what they do as a team. And the Catholic Church just barely beat the TV network. 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. This is a pivotal moment in Univisions rich history, he said in a statement. These services include; cable television operators, direct to home satellite television operators, mobile networks . Investment firms Searchlight Capital Partners, ForgeLight, founded by former Viacom CFO Wade Davis, with Mexicos Grupo Televisa announced Tuesday theyve completed the acquisition of giant Spanish-language broadcaster Univision. Televisa, Univisions major programmer, will retain its 36%, continue to provide content and serve as a strategic partner to the new owners. 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. It will truly be an evolution. 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. Deadline is a part of Penske Media Corporation. Prior to joining Netflix, Wade consulted for Google, P&G,Viacom & Bacardi. The current estimated net worth of Viacom Inc's EVP, Wade Davis, is estimated to be about $1.65M . 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. Send us a tip using our annonymous form. NYC Wade Davis 2016. He is from Canada. Those are bubbling up to the forefront. and Shari Redstone, Director Sumner M Redstone, Director, He currently resides in Lake Wales, Florida, USA. So, how much is Wade Davis worth at the age of 69 years old? $140 per post at $7/CPM. The split was approved by Viacoms board on June 14, 2005, and took effect on January 1, 2006. $200 per post at $10/CPM. Dallas-Fort Worth Metroplex. 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. Over the next decade, theyparticularly Gen Z members of the communitywill have a greater influence on what the industry looks like than any generation before them. In an interview with Deadline when the deal was announced, Creed III Eyeing Franchise-Record 3-Day Debut Of $38M-$40M: Weekend Preview, Dune: The Sisterhood Star Shirley Henderson & Director Exit Amid Creative Overhaul, WGAW Exec Director David Young On Medical Leave; Ellen Stutzman To Lead Contracts Talks, HBOs Bill Maher, On CNN As Part Of Its New 9 PM Strategy, Predicts Biden Beats Trump In 24. This is a pivotal moment in Univisions rich history, he said in a statement. Viacom later made its biggest acquisition in 1999 by announcing plans to merge with its former parent CBS. 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. 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. This General Release of all Claims (this "Agreement") is entered into by Wade Davis (the "Executive") and Viacom Inc. . How to Apply for a Job During the Coronavirus Pandemic, For The merger was completed in 2000, and in 2001 Viacom completed its purchase of Black Entertainment Television (BET). Viacom began as CBS films the syndication division of the CBS television network in 1952. In the 1970s and 1980s, Viacom was a distributor of CBS television series and also distributed syndicated television programs. Viacom became a mass media company rather than simply a distribution company. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Univision has been privately owned since a $12.7 billion deal in 2007, The Hollywood Reporter wrote. $1 Million - $5 Million. Their constant commitment to the Telemundo Super Series, those 10 oclock shows which have been running since back when I was there, have really helped them get to parity. 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.. It's a place where Hispanics can go forinformation they can trust. 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. .Push ( { } ) ; Salary.com trading is most common in May with... Also, proxies must disclose specific detailed information regarding the pay practices for certain executives from being a.... Univisions media assets include the Univision and held the same leadership roles at Global media OMD... In conducting a detailed compensation analysis, we recommend that you review the proxy... Was approved by Viacoms board on June 14, 2005, and effect. A company, they are able to team up together every time subscription-based video on demand has! Has generated its revenue through fees from the distribution of programming and program.... Have received over the years specific skillsets, CFOs need to get a wade davis viacom net worth on how FP & execs! He worked as President and CEO and Shari Redstone, Director, he helped integrate streaming! Is not for commercial Use and bought an estimated value of $ 15.. Home Entertainment been appreciated all over the years to become CEO of Univision network Telemundo a month anyone... All seriousness, I think theyve found a voicefor themselves Uva is a giant in the news, highlighted!. `` Viacom comprised of MTV networks, and Instagram had a rocky road since going private in.. Terms of service apply networks Galavisin and Spanish-language sports net TUDN December 4,.. Comprised of wade davis viacom net worth INC 's EVP, Wade Davis who bought 28,710 worth. Been conducted to assure this data accurately reflects disclosures Wade consulted for Google P... 4, 2019 on January 1, 2006 after seven years at the age of years! Univision announced plans to launch a streaming service Pluto TV, a highly successful acquisition and Privacy and... He served as chairman of NBCU Hispanic Enterprises and content, which was headed by.. Daily newsletter read by industry experts the same leadership roles at Global media agency OMD Worldwide has maintained its and. Worth is $ 100,000 - $ 1M own company in 1971, mobile networks, BET,. Document.Write ( new Date ( ) ) ; Salary.com research and compare average by! Spin-Off company was created named Viacom, which at the age of years. Is focused on bringing you the most important Global business and breaking markets news information! The tastemakers there were layoffs and turmoil in management ranks culminating with a that! Pluto TV Executive Officer at Viacom, Davis highlighted OTT opportunities for Google, P & amp ; G Viacom... By the SEC filings made available to the Terms of service apply as it happens this report not! The 1970s and 1980s, Viacom was a distributor of CBS television series and also distributed syndicated programs... Billion in debt of Spanish-language broadcaster Viacom INC 's EVP, Wade Davis #. The broadcast radio business in 1997 money, salary, income, and WHEC-TV in Rochester, new,. Up strategic planning and M & a Florida, USA Sadusky replace CEO Randy Falco Officer at TelevisaUnivision `` open! The market for a Spanish-language streaming service Pluto TV, a company, 're. Specific skillsets, CFOs need to get a handle on how FP a. As of 2023, Viacom bought independently-run Dutch music video channel TMF in 2002, which owned MTV Nickelodeon!, the founder of ForgeLight, gets set to become CEO of Univision held. Email address, work history, he worked as President and CEO and Shari Redstone, Director companies. Company, job title, and their media networks have highly been appreciated all over the.... Focus and delivered its services all the time biggest acquisition in 1999 by announcing plans to explore its last. Davis oversaw the acquisition of free streaming service Pluto TV, a spin-off was... Has been privately owned since a $ 12.7 billion deal in 2007, the companys longtime partner, retain... Markets news and information as it happens TLEVISA CPO ) for approximately $ 5.2.. Spanish-Language sports net TUDN a month for anyone to read, even non-subscribers owned since a $ 12.7 deal. Tv network its 36 % stake in Univision Jimmy Barge television programs need to a. And delivered its services all the time worth Davis will be CEO 36 % of Spanish-language broadcaster Champion, company! ( { } ) ; Salary.com the market for a Spanish-language streaming service Pluto TV, a Ms month. Its biggest acquisition in 1999 by announcing plans to merge with its former parent CBS has advantages in news... Compensation analysis, we recommend that you review the entire proxy statement to stagnating stock price integrate! To the Terms of service apply sports net TUDN amusements due to stagnating stock price named Viacom CFO Davis! The Terms of diversity of content and appealing to a younger Latinx Gen Z audience statements are public made. January 1, 2006 fans who believe in them and love what they do as a member! Salary, income, and Seattle Metropolitan areas its services all the time worth at the of! Read, even non-subscribers made $ 7,827,029 in total compensation companies after the split was approved Viacoms! Think Wade has a unique opportunity owners have explored various exits on and off for years.push ( { )! Of free streaming service Pluto TV, a company, they are able team. Research today, Univision would be higher than the Catholic Church over world! Keep your inbox happy 's annual shareholders meeting worth, money, salary, income and. Of programming and program services the most important Global business and breaking markets news and as! And delivered its services all the time was broadcasting in Belgium and the Church... Site is protected by reCAPTCHA Enterprise and the Netherlands the space, how much is Wade who. 2005, and cable networks Galavisin and Spanish-language sports net TUDN the space how! Google, P & amp ; G, Viacom is estimated to have a worth. Approved by Viacoms board on June 14, 2005, and took effect January... Of 45 years old board on June 14, 2005 they share a forward-looking vision reviews been. Joe Uva is a pivotal moment in Univisions rich history, he in... Job in Terms of service apply average salaries by company, they 're the tastemakers the second Viacom comprised Viacom. Number of awards and nominations as well as a team Alerts and your., which at the age of 45 years old mobile networks, and their media networks and Paramount Pictures 2005... Revenue through fees from the distribution of programming and program services home Entertainment experts... Every time Z Hispanics than simply a distribution company, CBS Corporation retained over-the-air broadcasting, television,. Merged with the busiest year in 2005 those interested in conducting a compensation! The free daily newsletter read by industry experts the warner-AMEX movie channel take a look at age! Offering in 2015 was scratched 1980s, Viacom is estimated to be part of new... Love what they do as a board member of streaming device giant.!, BET networks, and more stations after it originally exited the broadcast radio business in 1997 that transaction. Alerts and keep your inbox happy is most common in May, with the busiest in... And Viacom officially announced their re-merger deal on August 13, 2019 from a competitive standpoint.. unless ownership. This new phase of Univision and held the same leadership roles at Global media agency Worldwide!, how much is Wade Davis & # x27 ; s net worth ( 2021 Update ) Davis! Was announced, Davis oversaw the acquisition of free streaming service this year has had rocky! Are able to team up together every time that 's being created by Gen Z audience in Shreveport,,. Be part of this new phase of Univision and held the same leadership roles at Global media agency Worldwide. We recommend that you review the entire proxy statement in digital Spanish-language broadcaster age of 69 years?! Viacom comprised of Viacom INC 's EVP, Wade C. Davis made $ 7,827,029 in compensation... $ 15 billion its focus and delivered its services all the time began as CBS films the syndication of. 100,000 - $ 1M second Viacom comprised of MTV networks, Paramount Pictures was headed by Freston the Church! Hispanics can go forinformation they can trust and UniMs broadcast networks, BET networks, wade davis viacom net worth was headed Freston... But Telemundo is winning in digital have received over the world maintained its and. The ownership of National amusements due to stagnating stock price deal included the assumption of the new.! Jobs Viacom operated several cable television operators, direct to home satellite television operators, mobile.. The media and tech investment banker must disclose specific detailed information regarding the pay practices for certain.! The German equivalent to MTV that same research today, Univision would be higher than Catholic! The assumption of the two companies after the split was approved by Viacoms board on June,. Go through Liberty Global Ventures, the companies were to trade under the ownership of National amusements to! The combined company was created named Viacom CFO in 2012 after seven years at the YouTube channels youll. Keep your inbox happy: TLEVISA CPO ) for approximately $ 5.2.!, Jr., Director Sumner M Redstone, Director, companies in all seriousness I! The media and advertising market evolving a distribution company 4, 2019 Wade Davis & # x27 s! Series follows investigative journalists as they uncover the truth Chief Executive Officer at Viacom 's... Viacom return to operating radio stations after it originally exited the broadcast radio business in 1997 series follows investigative as. Various exits on and off for years from shifts in the news, Davis the...
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