He’s an individual who rose to prominence in broadcast media six years ago when selected to succeed Vince Sadusky as Chief Executive Officer of Univision Communications. The naming of ex-Viacom Chief Financial Officer Wade Davis as the new head of the nation’s top Spanish-language multimedia company was part of a privatization effort from Davis-aligned groups SearchLight Capital Partners and ForgeLight.
By September 2024, Davis had relinquished the CEO role at what had become TelevisaUnivision, after bringing Univision and Mexican media Goliath Televisa together in marriage. Now, Davis has reemerged with another notable privatization, and it involves an arm once tied to the biggest owner of broadcast radio stations in the U.S.
