Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. The average Univision salary ranges from approximately $49,404 per year for, Univision employees attributed a compensation and benefits rating of 3.1/5 stars to their company. Financial terms of the of the transaction were not disclosed. Wade Davis Dario Acosta/Courtesy of Viacom. Read what they think about their salaries on our Compensation FAQ page for , Get started with your Free Employer Profile, Sales Coordinator salaries - 40 salaries reported, Account Coordinator salaries - 30 salaries reported, Account Executive salaries - 28 salaries reported, Intern - Hourly salaries - 20 salaries reported, Marketing Manager salaries - 19 salaries reported, Vice President salaries - 17 salaries reported, Financial Analyst salaries - 16 salaries reported, Communications salaries - 12 salaries reported, National Account Coordinator salaries - 12 salaries reported, Executive Assistant salaries - 12 salaries reported, Video Editor salaries - 11 salaries reported, Traffic Coordinator salaries - 11 salaries reported, Marketing Coordinator salaries - 11 salaries reported, Associate Producer salaries - 10 salaries reported, Senior Software Engineer salaries - 9 salaries reported, Research Analyst salaries - 9 salaries reported. Univision will pay $3bn in cash and $1.5bn in Univision stock, with the remainder funded by other sources. Univision employees attributed a compensation and benefits rating of 3.1/5 stars to their company. Televisa elects to maintain its existing ownership stake in support of new ownership group; Televisa's Program License Agreement with Univision remains unchanged. Click on the different category headings to find out more and change our default settings. New York, The financial performance of the business has never been stronger in years. December 29, 2020 12:29pm. You will receive a verification email shortly. See All CEO & Executives. Univision Holdings, Inc. Salaries. Webinars . Wade Davis is the Chief Executive Officer of Univision Communications Inc., the leading Hispanic media company in the United States. Wade Davis Shakes Up Univisions C-Suite In A Major Way, Sign up for our newsletters for the rest of the headlines, A Digital Sales Training Library Arrives, CP Communications Helps Accelerate Remote Production for Trans Am Series, A Wall Street Slide For iHeartMedia Shares, NAB Signs On To D.C. Plea To Stop FTC Planned Noncompete Ban, The First Certified ATSC 3.0 Upgrade Accessory Receiver Is Here, RBR+TVBR Observation: Why Local Media Wins. Davis said he is honored to be partnering with Televisa and Searchlight to help steward Univision into this next phase. Co-CEO of TelevisaUnivision Mexico . Investment firms Searchlight Capital Partners, ForgeLight, founded by former Viacom CFO Wade Davis, with Mexico's Grupo Televisa announced Tuesday they've completed the acquisition of giant . When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. Get our latest storiesin the feed of your favorite networks. Wade Davis is Chief Executive Officer and one of the owners of Univision Communications Inc. As the leading Hispanic media company in the U.S., Univision is guided by its long-standing mission to entertain, inform and empower U.S. Hispanics with news, sports and entertainment content across broadcast and cable television, audio and digital platforms. Davis founded ForgeLight last year. These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. The companys top-rated media portfolio features the Univision and UniMs broadcast networks, 10 cable networks, 61 television stations, 58 radio stations and a robust audio and music experience footprint, and various market-leading digital properties. Wade Davis. And to the extent we can talk about the strategy publicly, that something thats going to happen in due time. The liberal Spanish-media giant Univision has been sold.Media executive Wade Davis is heading up a private group to buy a majority stake in the company and will be its new CEO. Salary Score. Televisa has a shared history with Univision dating back many years and a deep strategic relationship today. Pierluigi Gazzolo was named president and chief transformation officer at Univision, I consent the use of my personal data in accordance with Future's. Univision already has the fledgling Prende TV ad-supported streaming service which launched March 30 as a collection of 40 live streaming channels offering 10,000 hours of programming. 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Jon has been business editor of Broadcasting+Cable since 2010. Moving forward after its Jan. 31 merger to become TelevisaUnivision, U.S. Spanish-language media giant Univision reported on its final quarter before joining with Mexico's Grupo Televisa. That creates an incredibly stable base from which to build and innovate on. Davis achieved these results by creating several strategic operational improvements, implementing an organizational redesign, leading cost transformation initiatives, and directing the operational oversight of key growth segments. 2022: Transcript : Tikehau Capital, H1 2022 Earnings Call, Jul 28, 2022 . Signage at Univision's Los Angeles headquarters is seen in 2016. So the management team has taken Univision to a place of strength, and its a unique platform that we continue to build on, and look for innovation and additional growth. They lead not only in general, but in the categories I referenced: news, sports, music and entertainment. February 25, 2020 9:03am. All information these cookies collect is aggregated and therefore anonymous. As part of the acquisition, ForgeLight Chief Executive and founder Wade Davis will become CEO of Univision at the closing of the deal, Univision said. He was in the Royals starting rotation in 2013 but moved to the bullpen where he played in 2014. Specialty Preview, Ozy Media Closes In Wake Of Founder Carlos Watson Scandal, TikTok Introduces New Feature To Limit Screen Time For Teens. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Wade Davis signed a 1 year / $1,250,000 contract with the Kansas City Royals, including $1,250,000 guaranteed, and an annual average salary of $1,250,000. Davis finished 4th for AL Rookie of the Year in 2010. In this role, he delivered total company growth across revenue, operating income, and earnings per share. The lowest-paying job at Univision is an Administrative Assistant with a salary of $49,404 per year. 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And thats back to whats so unique about this business. 2022: TelevisaUnivision Spanish-language streaming platform ViX to launch in March: RE. About. TelevisaUnivision. Amy Tenbring and Glenn Dryfoos were promoted to co-interim general counsel at Unvision; Jessica Rodriguez will continue as CMO and Friday Abernethy was promoted to executive VP of content distribution and partnerships. His experience includes serving as a C-Suite Fortune 100 operator, board director, investment banker and entrepreneur. These cookies are necessary for the website to function and cannot be switched off in our systems. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. Salary: $4.8 Million Date of Birth: Sep 7, 1985 (37 years old) Place of Birth . The success of this turnaround paved the way for the merge of Viacom and CBS to create ViacomCBS. Thank you for signing up to Broadcasting & Cable. There was a problem. By . All Rights Reserved |, Vince Sadusky, who led the company since mid-2018, Eli Velzquez tapped to lead Telemundo Deportes, Maclovio Perez joins KAVU as chief meteorologist, Lorena Incln returns to Miami as reporter for NBC6 and Telemundo51, Elizabeth Valds retires from Telemundo network, Linda Guerrero joins Americano Media as anchor. Wade Davis is Chief Executive Officer and one of the owners of Univision Communications Inc. As the leading Hispanic media company in the U.S., Univision is guided by its long-standing mission to entertain, inform and empower U.S. Hispanics with news, sports and entertainment content across broadcast and cable television, audio and digital platforms. Signup for Breaking News Alerts & Newsletters. Latest news about Wade Davis : 01/12: Transcript : Jaguar Health, Inc. - Special Call: CI. 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This website is not directly or indirectly affiliated, associated, or connected in any way to Major League Baseball, the National Basketball Association, the National Football League or the National Hockey League. Wade Davis was born in Lake Wales, Florida in September 1985. Wade Davis Shakes Up Univision's C-Suite In A Major Way. On July 20, 2019, Univision rebranded its Univision Deportes Network cable channel as TUDN, as part of a collaboration with its content partner Televisa.. On February 25, 2020, investment firms ForgeLight (launched by founder & CEO & ex-Viacom CFO Wade Davis) and Searchlight Capital agreed to acquire the 64% controlling stake in the company that was held by its investment group ownership . Can A Pro-Deal Website Woo FCC On TEGNA Privatization OK? To see the rest of the Wade Davis' contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Thank you, you'll be receiving newsletter updates from us in your email inbox. Streamline RBR, Inc. All rights reserved. It's a done deal. The smarter way to stay on top of broadcasting and cable industry. ForgeLight was founded in 2019 by Wade Davis and is an operating and investment company focused on the media and . Giant Miami-based Spanish language broadcaster Univision is being acquired by two private investment firms, ForgeLight and Searchlight Capital Partners, and will enter a new era led by Wade Davis Subscribe for full access to The Hollywood Reporter. Theyve refocused the business on the core audience. The average Univision hourly pay ranges from approximately $24 per hour for an Intern - Hourly to $114 per hour for a Director. Please refresh the page and try again. Veteran media executive Wade Davis to become CEO of Univision upon closing. Wade Davis, Univision chief executive . The information does not usually directly identify you, but it can give you a more personalised web experience. Deportes Digest . For fiscal 2006, company revenues were $2.026 billion. Hemisphere Media Group, Platinum Equity and former Viacom CFO Wade Davis have made overtures to Univision. He also founded AdvancePath Academics, a technology-based provider of dropout recovery and alternative education solutions. . In an announcement early Tuesday, the partners said they intend to build on Univisions recent content and programming momentum to accelerate growth, expand its portfolio of advertising products, substantially enhance its digital presence and work closely with Televisa, which will retain its 36% stake. Sign up below. Wade was drafted #75 by the Tampa Bay Devil Rays in the 2004 Major League Baseball Draft. Executive Chairman of TelevisaUnivision, Inc. & Co-CEO of TelevisaUnivision Mexico. Davis earned a dual BA degree, with honors, in Economics & Philosophy from Williams College. Univision Communications. The group includes . As previously disclosed, under the terms of the acquisition, investors including Searchlight and ForgeLight purchased an approximately 64 percent ownership interest in Univision from an investor group including Madison Dearborn Partners, Providence Equity Partners, TPG, Thomas H. Lee Partners and Saban Capital Group.