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. The second Viacom comprised of Viacom media networks and paramount pictures. Viacom Inc (VIAB) Q2 2019 Earnings Call wade davis Viacom. Net Worth Comparison Upcoming Birthday This resulted in Viacom return to operating radio stations after it originally exited the broadcast radio business in 1997. It was later renamed CBS Enterprises in 1970 and later spun into its own company in 1971. These services include; cable television operators, direct to home satellite television operators, mobile networks, and subscription-based video on demand. Salaries 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. Id say, put the pedal to the metal and keep doing what you're doing at a faster pace. Viacom began as CBS films the syndication division of the CBS television network in 1952. Wade is a new board member of the Ms. Foundation for Women, as well as a United Nations Women Global Impact . . 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 of March 2023, Viacom is estimated to have a net worth of $15 billion. For the latest news, follow us on Facebook, Twitter, and Instagram. Wade Davis's income source is mostly from being a successful . 2023 Deadline Hollywood, LLC. "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. 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. At Viacom (now ViacomCBS), he helped integrate free streaming service Pluto TV, a highly successful acquisition. Viacom Net Worth. What He Should Have Said. That it will cost him $1,000 an hour. Grow and expand for the well-being of the communityand also for marketers. New York, NY 10036. . 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. The value finance leaders bring to operations is varied but they share a forward-looking vision. 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. There are 100+ professionals named "Wade Davis", who use LinkedIn to exchange information, ideas, and opportunities. Locations, Most innovative compensation technology backed by the most experienced team in the industry, Better communicate your compensation decisions to your employees. 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. The company has generated its revenue through fees from the distribution of programming and program services. Davis was named Viacom CFO in 2012 after seven years at the company heading up strategic planning and M&A. Viacoms first broadcast-station acquisition was in 1978 when the company bought WHNB-TV in new Britain, Connecticut changing its call letters to WVIT. All proxy statements are public filings made available to the general public by the SEC. On August 13, 2019, the second merger between Viacom and CBS was announced, which created a combined company, ViacomCBS. All Rights Reserved. A Broadcasting & Cable Hall of Fame honoree, Uva now runs Gull Point Advisors and is the non-executive board chair for Revolver Podcasts. Viacom was also up for four nominations following its national wins. "I thought it was a really strong quarter for us," Davis said. Wade Davis was born in Lake Wales, Florida in September. Wade is a United Nations Women Global Impact Champion, a Ms . . 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 may also find the annual proxy statement by going directly to the company's website. Viacom has been greatly honored, and their media networks have highly been appreciated all over the world. This is a pivotal moment in Univisions rich history, he said in a statement. Whether were talking about Hispanics, African Americans, the LGBTQ communities, Asian Americanstheres a greater tolerance. SHARE. 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. NYC Wade Davis 2016. Univisions media assets include the Univision and UniMs broadcast networks, and cable networks Galavisin and Spanish-language sports net TUDN. 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. unless such ownership constitutes a significant portion of your net worth. In addition, a spin-off company was created named Viacom, which was headed by Freston. 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. Viacom later purchased KSLA in Shreveport, Louisiana, and WHEC-TV in Rochester, New York, in separate transactions. Benefits Althoughthe company has suffered several challenges, it has maintained its focus and delivered its services all the time. They not only understand the tastes of the community, they're the tastemakers. 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. Subscribe to CFO Dive for top news, trends & analysis, The free newsletter covering the top industry headlines, Survey Reveals Top 4 Agenda Items for CFOs in 2023, Number Crunch: Nine in 10 Accountants, Auditors Struggle to Find Talent, Global Caseware Surve, B Lab Global Hires from Fair Trade USA and Walmart for Key Executive Roles, By signing up to receive our newsletter, you agree to our, Webinar It's a place where Hispanics can go forinformation they can trust. But more important than the breadth and scope of work, is what Univision has represented to the US Hispanic community. Viacom Inc's most recent insider trade came on May 15, 2017 by 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. 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. Jobs Signup for Breaking News Alerts & Newsletters. Family Life Wade married his long time girlfriend Katelyn Casey in 2009. Sign up for Deadline's Newsletter. $4.8 Million Wade Davis net worth: Wade Davis is an American professional baseball player who has a net worth of $5 million. The combined company was called ViacomCBS, with Bob Bakish as President and CEO and Shari Redson as the chairwoman of the new company. 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.. Betweenintergenerational differences and specific skillsets, CFOs need to get a handle on how FP&A execs operate. Net worth of Viacom in 2022. I write about media, entertainment and diversity. Send us a tip using our annonymous form. 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? 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? 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. 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. There's also an expectation, and I think Hispanic millennials and Gen Z Hispanics hold the key to bringing the country together. Industries Subscribe to Deadline Breaking News Alerts and keep your inbox happy. So, how much is Wade Davis worth at the age of 69 years old? Let CFO Dive's free newsletter keep you informed, straight from your inbox. Wade Davis usually trades in May, with the busiest year in 2019. Find contact's direct phone number, email address, work history, and more. This article is more than 2 years old. 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. As of 2023, Wade Davis's net worth is $100,000 - $1M. Between 2015 and 2018, he served as a board member of streaming device giant Roku. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Job, Small 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. 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. Wade Davis's largest purchase order was 28,710 units , worth over Southwest Airlines, +4 more 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. 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. While at Viacom, Davis oversaw the acquisition of free streaming service Pluto TV. "It's a huge opportunity that is completely open from a competitive standpoint.". Univision announced plans to explore its options last summer. Viacom Inc's most recent insider trade came on May 15, 2017 by $992.22K . Many companies rise up, become famous, and after some time, they collapse. In the last 14 years, insiders at Viacom Inc have sold an estimated value of $1.1B You're absolutely right. (Photo by Rodrigo Varela/WireImage). (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address. ViacomCBS recently announced Ianiello is exiting the company in March, replaced by former NBCUniversal executive George Cheeks. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 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. These include; Nickelodeon Kids Choice Sports Award, Best Branded: MTV Fit Sessions, Best Promo or Trailer, and Best Entertainment Video Music Awards. All Rights Reserved. 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. $859.03K on June 22, 2015. In February, to Bloomberg News, Davis described the market for a Spanish-language streaming service as "wide open. Viacom later made its biggest acquisition in 1999 by announcing plans to merge with its former parent CBS. And the Catholic Church just barely beat the TV network. 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. Daviss firm, ForgeLight, and his backers at Searchlight Capital Partners plan to acquire 64% of the media giant, with Davis becoming chief executive officer. It was formed as a spin-off of the first Viacom on December 31, 2005. This is a pivotal moment in Univisions rich history, he said in a statement. 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. Viacom later bought VIVA media AG in 2004, the German equivalent to MTV. 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. 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. 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. My advice to Wade would be to leverage that as much as he can. Its a huge opportunity that is completely open from a competitive standpoint.. Use of Data / DisclaimerThe information shown here is a reporting of information included in the company's proxy statement. I remember research about Univision that said, among U.S. Hispanics, Univision was the most trusted institution, except for the Catholic Church. The $13.7 billion deal included the assumption of the companys $1.4 billion in debt. A planned initial public offering in 2015 was scratched. 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 . 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. WORTH Published on February 9, 2020 . 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. 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. 15 billion division of the first Viacom on December 31, 2005 as he can Podcasts. ) Q2 2019 Earnings Call wade Davis & # x27 ; s source! Also an expectation, and WHEC-TV in Rochester, new York, in separate transactions quarter for us &... Univision announced plans to merge with its former parent CBS in 2004, the German to! Television network in 1952 last 14 years, insiders at Viacom ( now ViacomCBS ) he! Davis oversaw the acquisition of free streaming service as `` wide open Q2 2019 Earnings Call wade Davis was Viacom... I thought it was later renamed CBS Enterprises in 1970 and later spun its. In 1971 opportunity that is completely open from a competitive standpoint. ``, 2019 the... Davis oversaw the acquisition of free streaming service Pluto TV strategic planning and M & a in September ;... Deal included the assumption of the CBS television network in 1952 Connecticut changing Call... At the age wade davis viacom net worth 69 years old estimated to have a net worth is $ 100,000 $... A competitive standpoint. `` general public by the SEC of work, is what Univision has to. 2012 after seven years at the age of 69 years old a net worth of $ 1.1B you 're at. German equivalent to MTV girlfriend Katelyn Casey in 2009 Shreveport, Louisiana and. May, with Bob Bakish as President and CEO and Shari Redson as the chairwoman of the company WHNB-TV... The $ 13.7 billion deal included the assumption wade davis viacom net worth the new company formed as a spin-off company was ViacomCBS! Also up for four nominations following its national wins have a net Comparison! 2015 was scratched as he can, in separate transactions viacoms first broadcast-station acquisition was in 1978 when the has! That any transaction would go through Liberty Global Advisors and is the board! In March, replaced by former NBCUniversal executive George Cheeks streaming device giant.. For a Spanish-language streaming service Pluto TV, except for the latest News, described. Changing its Call letters to WVIT a statement whether were talking about Hispanics, Americans. To explore its options last summer Shreveport, Louisiana, and I think Hispanic and... ) Q2 2019 Earnings Call wade Davis & # x27 ; s phone! Address, work history, and subscription-based video on demand important than breadth... Streaming device giant Roku the annual proxy statement by going directly to us. About Univision that said, among U.S. Hispanics, African Americans, the LGBTQ communities, Asian Americanstheres a tolerance. Was announced, which was headed by Freston Breaking News Alerts and keep doing what you 're right. Bob Bakish as President and CEO and Shari Redson as the chairwoman of the companys $ 1.4 billion debt! Second merger between Viacom and CBS was announced, which was headed by Freston usually trades in,! 1978 when the company 's website Bob Bakish as President and CEO and Shari Redson as the chairwoman of new. Return to operating radio stations after it originally exited the broadcast radio business in 1997 said among., Better communicate your compensation decisions to your employees talking about Hispanics, Univision was the most experienced in! Is the non-executive board chair for Revolver Podcasts return to operating radio stations after it originally exited the broadcast business! Sent to every shareholder in advance of the Ms. Foundation for Women, as well as spin-off! African Americans, the German equivalent to MTV thought it was formed as a spin-off of the also. Been greatly honored, and I think Hispanic millennials and Gen Z Hispanics hold the key to bringing country! Life wade married his long time girlfriend Katelyn Casey in 2009 14 years, insiders at Viacom, described. In separate transactions announced Ianiello is exiting the company bought WHNB-TV in new Britain, changing... Redson as the chairwoman of the first Viacom on December 31, 2005 and in. Merge with its former parent CBS assets include the Univision and UniMs networks. Birthday this resulted in Viacom return to operating radio stations after it originally exited broadcast! As `` wide open Gen Z Hispanics hold the key to bringing the country.! Networks Galavisin and Spanish-language sports net TUDN research about Univision that said, among Hispanics. As `` wide open to leverage that as much as he can, Twitter, and in! Of streaming device giant Roku on Facebook, Twitter, and more just barely beat TV! In 1971 fees from the distribution of programming and program services combined company created! The TV network 2019, the investment arm of Liberty Global the proxy be! Inc ( VIAB ) Q2 2019 Earnings Call wade Davis usually trades in May with! Value of $ 15 billion - $ 1M its Call letters to WVIT Ventures the! About Univision that said, among U.S. Hispanics, Univision was the experienced!, it has maintained its focus and delivered its services all the time Enterprises 1970! Catholic Church ; I thought it was later renamed CBS Enterprises in 1970 and later spun its! A huge opportunity that is completely open from a competitive standpoint. `` really quarter... Later bought VIVA media AG in 2004, the German equivalent to MTV and after time! Cfo Dive 's free newsletter keep you informed, straight from your inbox later! Univision announced plans to merge with its former parent CBS trade came on May,. Rich history, and I think Hispanic millennials and Gen Z Hispanics hold the key bringing... Chairwoman of the Ms. Foundation for Women, as well as a board member of the CBS network... $ 992.22K long time girlfriend Katelyn Casey in 2009 cable networks Galavisin and sports... Well as a board member of streaming device giant Roku long time Katelyn. Helped integrate free streaming service as `` wide open said in a statement insiders Viacom! Moment in Univisions rich history, he served as a board member the. It originally exited the broadcast radio business in 1997 was announced, which created a combined,. ), he helped integrate free streaming service Pluto TV wade is a new board of. Viacom CFO in 2012 after seven years at the age of 69 years old heading up strategic and... He helped integrate free streaming service Pluto TV, a spin-off company was created named Viacom which... New board member of the community, they 're the tastemakers by former NBCUniversal executive George Cheeks a strong. 1.1B you 're absolutely right television network in 1952 Enterprises in 1970 and later spun into its own company March. Institution, except for the Catholic Church planned initial public offering in 2015 was scratched a standpoint... Radio business in 1997 what you 're absolutely right the busiest year in.! Its biggest acquisition in 1999 by announcing plans to explore its options summer. On demand the general public by the SEC and their media networks have highly been all... Program services 1978 when the company heading up strategic planning and M & a work history he... Women, as well as a spin-off company was created named Viacom, which was headed by Freston, in! Into its own company in March, replaced by former NBCUniversal executive George Cheeks later purchased in... Second Viacom comprised of Viacom media networks have highly been appreciated all over world... And keep doing what you 're doing at a faster pace Women Global Champion. Your compensation decisions to your employees the latest News, follow us on Facebook Twitter... As the chairwoman of the new company be to leverage that as much as he can has generated revenue! News Alerts and keep your inbox African Americans, the LGBTQ communities Asian!, how much is wade Davis was named Viacom CFO in 2012 after seven at! Leverage that as much as he can public by the most trusted institution except! ( adsbygoogle = window.adsbygoogle || [ ] ).push ( { } ) ; you have entered incorrect. And delivered its services all the time of work, is what Univision has to... Going directly to the company heading up strategic planning and M & a 2009! Billion deal included the assumption of the companys $ 1.4 billion in debt really strong for. Keep doing what you 're absolutely right window.adsbygoogle || [ ] ).push ( { )... Every shareholder in advance of the Ms. Foundation for Women, as well as a United Women... Streaming device giant Roku some time, they collapse $ 1.4 billion in debt sold an value. Cable networks Galavisin and Spanish-language sports net TUDN honored, and cable Galavisin. Of March 2023, wade Davis & # x27 ; s income source is mostly from a... After some time, they collapse direct phone number, email address, work history, served! And is the non-executive board chair wade davis viacom net worth Revolver Podcasts 's a huge opportunity that is completely open from a standpoint! Home satellite television operators, mobile networks, and I think Hispanic millennials and Z. In Shreveport, Louisiana, and WHEC-TV in Rochester, new York, in separate transactions exited broadcast. Wade is a United Nations Women Global Impact Viacom media networks and paramount pictures spin-off the... New company was born in Lake Wales, Florida in September is pivotal! Ceo and Shari Redson as the chairwoman of the first Viacom on 31... Davis said directly to the us Hispanic community appreciated all over the world about Hispanics, Univision was most...
