Latest in Wade Davis

Univision, which has been under new ownership since the end of 2020, has teamed with stakeholder Grupo Televisa to create a new global Spanish-language media giant. Under terms of the sweeping deal revealed Tuesday evening, Univision will pay $4.8 billion for the assets of Televisa, a Mexican production powerhouse…

Spanish-language broadcast giant Univision Tuesday announced first quarter launch plans for PrendeTV, joining the crowded streaming market with a free, ad-supported service created for the U.S. Hispanic audience. It will feature premium 100% Spanish-language programming, debuting with over 30 channels and 10,000 hours…

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 Spanish-language broadcaster Univision. Davis will be CEO. "This is a pivotal moment in Univision's rich history," he said in a…

Univision, the Hispanic media giant whose takeover by private equity investors led by former Viacom CFO Wade Davis will soon close, has named four independent directors to its board. The new board members include SoftBank Group COO Marcelo Claure; United Airlines executive chairman Oscar Munoz; Estée Lauder Companies…

Univision Communications, the privately held Spanish-language broadcaster that was recently sold, said it has close to $1.3 billion in available cash, $7.8 billion in debt and posted estimated revenue up 8% last quarter to $612 million. The Miami-based company said it was unveiling financial metrics and preliminary…

Wade Davis' new investment fund just became part owner of Univision in a deal expected to close late summer with the former Viacom executive as CEO. It's a new chapter for both, and Davis on Tuesday described an abundance of commercial, strategic and audience opportunities. "This is a platform that is unique and, from…

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 – longtime media executive, former Viacom CFO and ForgeLight founder-CEO – and marked by enhanced collaboration with…

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. The latest entrant into the process is Searchlight Capital, a private equity firm said to be teaming up with Davis, as first reported…