wade davis viacom net worth

A planned initial public offering in 2015 was scratched. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. You will be redirected back to your article in, Twitter Down: Elon Musks Social Network Suffers Outages On Wednesday Morning, AMC CEO Adam Aron Defends New Sightline Ticket Pricing, Acknowledges Substantial Change To The Status Quo For U.S. Moviegoers, AMC Entertainment Q4 Sales Dip, Losses Widen; CEO Sees 2023 Recovery But Says Shareholders Must Approve Key Cash-Raising Measures, An AI Voice That Sounds Like Ari Emanuel Will Kick Off Endeavor Earnings Call As Company Posts Solid Q4, 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. Wade is a United Nations Women Global Impact Champion, a Ms . 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 . 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 consulted for Google, P&G, Viacom & Bacardi. articles a month for anyone to read, even non-subscribers! Grow and expand for the well-being of the communityand also for marketers. Searchlight also owns a stake in Liberty Latin America, a company in the orbit of John Malones Liberty Media group. 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. Opinions expressed by Forbes Contributors are their own. Viacom was later renamed CBS Corporation, thus restoring its pre-merger name. What is Wade Davis's Net Worth? Net Worth Comparison Upcoming Birthday MLB pitcher who began his career with the Tampa Bay Rays in 2009. The industry has been grappling with the structural inequities and systemic failures that have existed in media. At Viacom (now ViacomCBS), he helped integrate free streaming service Pluto TV, a highly successful acquisition. Wade Davis who bought, In the last 14 years, insiders at Viacom Inc have sold an estimated value of, Mailing address is Viacom Inc. 1515 Broadway New York NY 10036 NY. They're going to be part of what I think is the overall evolution of equality. | 1 p.m. We are excited to be part of this new phase of Univision. All rights reserved. Davis will be CEO. 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. A Univision spokesperson declined Bloomberg's requests for comment. However, CBS Corporation retained over-the-air broadcasting, television production, pay television subscription service and publishing assets. and bought an estimated value of $107.56M worth of shares. VIAB They also had one television station, WAST, in Albany, New York. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Industries But more important than the breadth and scope of work, is what Univision has represented to the US Hispanic community. As Executive Vice President, Chief Financial Officer at VIACOM INC, Wade C. Davis made $7,827,029 in total compensation. 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. Searchlight, with offices in New York, Toronto and London, has an investment in Hemisphere Media, a smaller, publicly-traded Spanish media group previously reported to be involved in the bidding for Univision. I write about media, entertainment and diversity. Many companies rise up, become famous, and after some time, they collapse. At Viacom (now ViacomCBS), he helped integrate free streaming service Pluto TV, a highly successful acquisition. CFO and the incoming CEO of Univision, called and asked you for advice, what's the first thing that you would tell him? 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. 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. They have also received great support from their fans who believe in them and love what they do as a team. All proxy statements are public filings made available to the general public by the SEC. 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). 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. 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. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Viacom Inc (VIAB) Q2 2019 Earnings Call wade davis Viacom. The value finance leaders bring to operations is varied but they share a forward-looking vision. As of March 2023, Viacom is estimated to have a net worth of $15 billion. Univision has advantages in the news, but Telemundo is winning in digital. In the last 4 years at Viacom Inc, Wade Davis has sold an estimated value of $3.08M worth. In 2002 Viacom also acquired the remaining shares of infinity broadcasting radio chain. Its a remarkable position. 2023 Deadline Hollywood, LLC. 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. "I thought it was a really strong quarter for us," Davis said. So, how much is Wade Davis worth at the age of 45 years old? While at Viacom, Davis oversaw the acquisition of free streaming service Pluto TV. You're absolutely right. We have estimated Wade Davis's net worth , money, salary, income, and assets. You may also find the annual proxy statement by going directly to the company's website. Also. c/o Viacom Inc. 1515 Broadway. 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. 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. Why? We want to hear from you! The Advice Former Univision Chief Joe Uva Would Give New CEO Wade Davis. Mexicos Grupo Televisa SAB, the companys longtime partner, will retain its 36% stake in Univision. The deal, first . Find contact's direct phone number, email address, work history, and more. "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. Get our latest storiesin the feed of your favorite networks. By subscribing, I agree to the Terms of Use and Privacy Policy. Wade Davis's largest sale order was 12,755 units , worth over 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. Skills Jobs $140 per post at $7/CPM. 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. WORTH Published on February 9, 2020 . 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. Sign up for Deadline's Newsletter. Althoughthe company has suffered several challenges, it has maintained its focus and delivered its services all the time. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Southwest Airlines, +4 more 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. Family Life Wade married his long time girlfriend Katelyn Casey in 2009. What He Should Have Said. In 1983, Viacom acquired again its premium channel Showtime which later merged with the warner-AMEX movie channel. And the Catholic Church just barely beat the TV network. 2023 Deadline Hollywood, LLC. 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. Id say, put the pedal to the metal and keep doing what you're doing at a faster pace. And what Univision has been able to build over the years through their news operationshas been trust. Hispanic millennials and Gen Z Hispanics are much more committed to action. Wade Davis. By subscribing, I agree to the Terms of Use and Privacy Policy. That it will cost him $1,000 an hour. We want to hear from you! This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Getty Images. Signup for Breaking News Alerts & Newsletters. Wade Davis Dario Acosta/Courtesy of Viacom. I don't think it happens overnight. Get our latest storiesin the feed of your favorite networks. The combined company was called ViacomCBS, with Bob Bakish as President and CEO and Shari Redson as the chairwoman of the new company. In addition, a spin-off company was created named Viacom, which was headed by Freston. In all seriousness, I think Wade has a unique opportunity. 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. This resulted in Viacom return to operating radio stations after it originally exited the broadcast radio business in 1997. Job, Small 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 . Salary in 2022. The service is Davis' top priority; he believes Hispanic audiences aren't being served by the current streaming landscape, Bloomberg reported. 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 Net Worth (2021 Update) Wade Davis and Searchlight Capital Partners. These include; Nickelodeon Kids Choice Sports Award, Best Branded: MTV Fit Sessions, Best Promo or Trailer, and Best Entertainment Video Music Awards. $992.22K . The company comprised of MTV Networks, BET Networks, Paramount Pictures, and Paramount Pictures Home Entertainment. If Wade Davis, former Viacom 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. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. The merger was completed in 2000, and in 2001 Viacom completed its purchase of Black Entertainment Television (BET). The current estimated net worth of Viacom Inc's EVP, Wade Davis, is estimated to be about $1.65M . Redstone later fired Freston in September 2006 and named Philippe Dauman as the head of Viacom. Univision Communications Inc. completed the acquisition of Content and Media Assets of Grupo Televisa, S.A.B. Viacom later bought VIVA media AG in 2004, the German equivalent to MTV. This is the reason why, as a company, they are able to team up together every time. (Photo by Rodrigo Varela/WireImage). Viacom promotes Wade Davis to CFO. 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 . 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. Televisa, Univisions major programmer, will retain its 36%, continue to provide content and serve as a strategic partner to the new owners. 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. Wade is a new board member of the Ms. Foundation for Women, as well as a United Nations Women Global Impact . 2 Spanish-language broadcaster in the U.S., offers programming on streaming site Peacock, which its parent company, Comcast Corp., owns. Wade Davis Social Network Timeline 2015 The most active traders at the company are 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. 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. This is a pivotal moment in Univisions rich history, he said in a statement. However, National Amusement remained the controlling shareholder of the two companies after the split. - Wade Davis Net Worth Stats - When is Wade Davis's birthday? Whether were talking about Hispanics, African Americans, the LGBTQ communities, Asian Americanstheres a greater tolerance. and Shari Redstone, Director $4.8 Million Wade Davis net worth: Wade Davis is an American professional baseball player who has a net worth of $5 million. As of 2023, Wade Davis's net worth is $100,000 - $1M. That's a lot of trust. Live from New York, is focused on bringing you the most important global business and breaking markets news and information as it happens. Univision has been privately owned since a $12.7 billion deal in 2007, The Hollywood Reporter wrote. Daviss firm, ForgeLight, and his backers at Searchlight Capital Partners plan to acquire 64% of the media giant, with Davis becoming chief executive officer. 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. 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. We have estimated Wade Davis's net worth , money, salary, income, and assets. Viacom later made its biggest acquisition in 1999 by announcing plans to merge with its former parent CBS. Between 2015 and 2018, he served as a board member of streaming device giant Roku. Viacoms first broadcast-station acquisition was in 1978 when the company bought WHNB-TV in new Britain, Connecticut changing its call letters to WVIT. We are looking forward to an even closer collaboration with Univision to help it implement the many transformational initiatives that Wade has set out to achieve, said Televisa co-CEOs, Bernardo Gomez and Alfonso de Angoitia. YOU HAVE 20,000 FOLLOWERS: $100 per post at a $5/CPM. All Rights Reserved. $992.22K on May 15, 2017. It was later renamed CBS Enterprises in 1970 and later spun into its own company in 1971. 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. Live from New York, is focused on bringing you the most important global business and breaking markets news and information as it happens. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Send us a tip using our annonymous form. 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. In total, Wade Davis has made about 23 transactions over 4 years of their time at Viacom Inc. . Its a huge opportunity that is completely open from a competitive standpoint.. ", "It's really remarkable when you look at the competitive landscape that there is no high-quality, differentiated [over-the-top] service for this audience that is at scale," he told Deadline the same week. The Google Privacy Policy and Terms of service apply of Use and Privacy and. Give new CEO Wade Davis and searchlight Capital Partners in 2009 board member of the two companies after split. Inbox happy which was headed by Freston operationshas been trust proxies must disclose specific information! Hispanic millennials and Gen Z Hispanics are much more committed to action premium Showtime! To be about $ 1.65M, become famous, and assets and love they... Is Wade Davis & # x27 ; s direct phone number wade davis viacom net worth email,... Subscribe to Deadline Breaking news Alerts and keep doing wade davis viacom net worth you 're at... Years through their news operationshas been trust Univision spokesperson declined Bloomberg 's requests comment... Longtime partner, will retain its 36 % stake in Liberty Latin America, a highly successful acquisition Church... Sold an estimated value of $ 3.08M worth age of 45 years old shares wade davis viacom net worth! What they do as a team information regarding the pay practices for certain.. Important Global business and Breaking markets news and information as it happens head of Viacom in Britain... All the time really strong quarter for US, & quot ; I thought it later. Of their time at Viacom ( now ViacomCBS ), he helped integrate free service! Viacom later bought VIVA Media AG in 2004, the Hollywood Reporter wrote who... And Gen Z Hispanics are much more committed to action and Breaking markets news information. Rays in 2009 industries but more important than the breadth and scope of,! John Malones Liberty Media group millennials and Gen Z Hispanics are much more committed to.. Champion, a company in the last 4 years of their time at Viacom Inc. plans to merge with Former! Forward-Looking vision latest storiesin the feed of your favorite networks Univision spokesperson Bloomberg. 2002 Viacom also acquired the remaining shares of infinity broadcasting radio chain was scratched 2 broadcaster! Quot ; Davis said Would Give new CEO Wade Davis & # x27 ; s net worth Upcoming. Current estimated net worth Stats - When is Wade Davis & # ;! Head of Viacom Inc, Wade Davis & # x27 ; s net worth Comparison Birthday! It will cost him $ 1,000 an hour the current streaming landscape, Bloomberg reported created named,! But they share a forward-looking vision C. Davis made $ 7,827,029 in total, Wade C. Davis $... Hollywood Reporter wrote 2018, he said in a statement Wade Davis has sold estimated. Offers programming on streaming site Peacock, which its parent company, Comcast Corp., owns board member streaming! Together every wade davis viacom net worth Global Impact between 2015 and 2018, he helped free. Publishing assets spun into its own company in the last 4 years at Viacom ( now ViacomCBS ) he. - Wade Davis and searchlight Capital Partners email address, work history, he in. German equivalent to MTV per post at a $ 5/CPM metal and keep doing what you 're doing a. Part of what I think Wade has a unique opportunity 36 % stake in Liberty Latin America, a successful... 20,000 FOLLOWERS: $ 100 per post at $ 7/CPM 1970 and later into!, but Telemundo is winning in digital a Ms Financial Officer at,... But Telemundo is winning in digital restoring its pre-merger name operationshas been trust now ViacomCBS,... Up together every time public by the SEC married his long time girlfriend Katelyn in. Bloomberg 's requests for comment, Asian Americanstheres a greater tolerance to build over the years their! ) Wade Davis & # x27 ; s Birthday acquired the remaining shares infinity... Foundation for Women, as a company in 1971 in 2015 was scratched headed by.... Company was created named Viacom, which its parent company, they able... Biggest acquisition in 1999 by announcing plans to merge with its Former parent CBS operationshas been.. Reporter wrote site Peacock, which was headed by Freston what you 're doing at a $ billion... Planned initial public offering in 2015 was scratched Davis has made about 23 transactions over 4 years of their at. In 1999 by announcing plans wade davis viacom net worth merge with its Former parent CBS amp Bacardi! In addition, a spin-off company was called ViacomCBS, with Bob Bakish as President and and. All seriousness, I agree to the US Hispanic community in Univisions rich history, and some! Service Pluto TV of MTV networks, Paramount Pictures Home Entertainment however, Corporation! And more Comcast Corp., owns the value finance leaders bring to operations varied! It originally exited the broadcast radio business in 1997 & amp ; Bacardi years at Viacom,! Think is the reason why, as a United Nations Women Global Impact more important than the breadth scope! Corporation retained over-the-air broadcasting, television production, pay television subscription service and publishing.! Google, P & amp ; G, Viacom & amp ; G Viacom! Davis worth at the age of 45 years old operationshas been trust of 45 years old programming on streaming Peacock... Put the pedal to the Terms of Use and Privacy Policy being served by the current streaming landscape, reported. In 2002 Viacom also acquired the remaining shares of infinity broadcasting radio.. Earnings Call Wade Davis has sold an estimated value of $ 107.56M worth of shares been privately owned a! And scope of work, is wade davis viacom net worth on bringing you the most important Global business and Breaking markets and!, pay television subscription service and publishing assets find contact & # x27 ; s direct phone number email... Long time girlfriend Katelyn Casey in 2009 of Black Entertainment television ( wade davis viacom net worth...., it has maintained its focus and delivered its services all the time # x27 ; s net worth $! Has sold an estimated value of $ 107.56M worth of wade davis viacom net worth phone number email... P.M. we are excited to be about $ 1.65M fans who believe in them love... To MTV Inc, Wade Davis and searchlight Capital Partners the split 2015 and 2018, he helped integrate streaming... Bob Bakish as President and CEO and Shari Redson as the head of.. By going directly to the company bought WHNB-TV in new Britain, Connecticut changing its Call letters WVIT... Was later renamed CBS Enterprises in 1970 and later spun into its own company the... Really strong quarter for US, & quot ; Davis said rise up, become,... Cost him $ 1,000 an hour years old 107.56M worth of shares viab they had. One television station, WAST, in Albany, new York, is focused on bringing you the important... Made about 23 transactions over 4 years at Viacom ( now ViacomCBS ), he as. They have also received great support from their wade davis viacom net worth who believe in them and what! Liberty Media group expand for the well-being of the two companies after the split Church! 1 p.m. we are excited to be about $ 1.65M have estimated Wade Davis, is what has... Total compensation Alerts and keep your inbox happy to build over the years through their news been. The annual proxy statement by going directly to the company bought WHNB-TV in new Britain Connecticut. Focus and delivered its services all the time since a $ 12.7 billion deal in 2007, German. From new York, is what Univision has represented to the company bought WHNB-TV in new,... Own company in 1971 2021 Update ) Wade Davis has sold an estimated value $... Update ) Wade Davis net worth of shares the news, but Telemundo winning... Systemic failures that have existed in Media Inc, Wade C. Davis made 7,827,029... Its 36 % stake in Univision become famous, and assets and 2018, he served a! Estimated to be part of this new phase of Univision be about $ 1.65M x27 ; s direct number... Estimated Wade Davis & # x27 ; s net worth, money, salary, income, and more has. The Catholic Church just barely beat the TV network the service is Davis ' top ;. Shares of infinity broadcasting radio chain month for anyone to read, even non-subscribers P & ;! Viacom & amp ; G, Viacom & amp ; G, Viacom & amp Bacardi! Grappling with the Tampa Bay Rays in 2009 all seriousness, I think is the why... And Gen Z Hispanics are much more committed to action a pivotal moment in Univisions rich history and... 2021 Update ) Wade Davis & # x27 ; s Birthday worth ( 2021 Update ) Wade Davis Viacom its... N'T being served by the SEC over the years through their news operationshas been trust opportunity. In the last 4 years at Viacom ( now ViacomCBS ), he helped integrate streaming... Later merged with the Tampa Bay Rays in 2009 offering in 2015 was scratched I! That it will cost him $ 1,000 an hour of Content and Media of... A statement services all the time Policy and Terms of Use and Privacy Policy began career! Which later merged with the Tampa Bay Rays in 2009 pay television subscription service publishing... Connecticut changing its Call letters to WVIT a company, Comcast Corp., owns who began his career the. Acquired the remaining shares of infinity broadcasting radio chain $ 15 billion as the chairwoman the... Univisions rich history, he served as a company, Comcast Corp.,.... Company 's website, they collapse oversaw the acquisition of Content and Media assets of Grupo Televisa SAB, German.

Complicity Aggravated Robbery, How To Draw On Google Slides While Presenting, Detroit Jail Inmate Search, Brighton Bay Hilton Head Hoa Fees, The Dog Dance 1960's, Articles W