TelevisaUnivision Makes CEO Change

[Colorado Media Newsroom]

From Radio Insight:

Daniel AlegreTelevisaUnivision has appointed Daniel Alegre as its new CEO as Wade Davis will transition to Vice Chairman of the Board of Directors and continue as a member of the Board?s Executive Committee.
Alegre most recently was CEO of Yuga Labs, the parent company of NFT collective Bored Ape Yacht Club, preceded by President/Chief Operating Officer of Activision Blizzard where he was responsible for managing all revenue, game development and leadership teams for the company?s top gaming franchises. He began his career in radio and music in his native Mexico and Central America before spending sixteen years at Google where he held positions including President of Global and Strategic Partnerships, President of Shopping and Payments and President of Asia Pacific and Latin America. He is fluent in English, Spanish, French and German and graduated from Princeton University, Harvard Business School and Harvard Law School.
?On behalf of the Board, I?m excited to welcome Daniel to TelevisaUnivision as we embark on the next phase of our strategic journey focused on further integration and optimization,? said Alfonso de Angoitia, Executive Chairman of TelevisaUnivision. ?It?s been a very dynamic media environment, and we are grateful for what Wade has accomplished in the turnaround of Univision and the subsequent transformative merger between Univision and Televisa?s content business to create TelevisaUnivision ? the world?s leading Spanish-language media and content company. We are proud stewards of a storied and prolific content factory containing the largest Spanish language library of rich and iconic intellectual property. As we look to grow our unparalleled market position and the recent investments in our linear and streaming platforms as well as our news and sports products, Daniel is the right leader at the right time to take the helm. His unique global operational experience working in the U.S., Mexico and Latin America across technology, digital platforms and entertainment honed over three decades is exactly what TelevisaUnivision needs to drive our next phase.?
Mr. Alegre said, ?The media landscape is undergoing a profound transformation and TelevisaUnivision is strategically poised to seize new opportunities while staying deeply connected to the communities we serve. The U.S. and Mexico represent the most valuable and populous Spanish-language markets in the world, a demographic that is becoming more prominent both regionally and globally. Building on TelevisaUnivision?s solid foundation, global content pipeline, ongoing investments in cutting-edge technologies, and unmatched reach, we are uniquely positioned to continue serving this vital audience. Wade and the entire TelevisaUnivision team have created a strong multi-platform media business with world-class quality and breadth of entertainment, news and sports programming. I look forward to working with our global teams and partners to build on TelevisaUnivision?s great history and take the Company to new heights.?
Davis, who previously served as CEO of Viacom, founded ForgeLight in 2019 n 2019 to build, acquire and operate companies in the Media and Consumer Technology sectors. He commented, ?In 2020 Searchlight, ForgeLight and Liberty Global partnered with Grupo Televisa in our acquisition of Univision, setting out to turnaround and transform the legacy business. The success of those efforts paved the way for the merger with Televisa?s content business to create TelevisaUnivision ? a business without comparison in the global media landscape today,? said Mr. Davis. ?Thanks to the efforts of our exceptional team, TelevisaUnivision has consistently delivered above-market revenue growth, outperformed the U.S. and Mexican advertising markets and launched and have grown our direct-to-consumer business, ViX, to become the largest dedicated Spanish-language streaming service in the world. We could not have picked a better successor than Daniel, who brings an incredible track record of operational and strategic execution. He is the ideal executive to take TelevisaUnivision into its next phase of growth. The Company?s future is bright, and I look forward to supporting Daniel and the TelevisaUnivision team in my role as Vice Chairman of the Board.?
?We, alongside ForgeLight, invested in Univision in 2020 in support of Wade?s vision of a holistic, growth-
led turnaround of the business,? said Eric Zinterhofer, Founding Partner, Searchlight Capital Partners, L.P.
?The transaction with Televisa was a continuation of that successful vision at a global scale, resulting in
an unmatched, vertically integrated Hispanic media business. In coordination with Grupo Televisa, Wade
and the management team, we accomplished the integration of TelevisaUnivision as well as the global
launch of ViX, completing the multi-year transformation process. There has been longstanding alignment
between TelevisaUnivision, Wade, Searchlight and the rest of the Board to effect an organized succession
plan to bring in a world-class CEO to lead the Company in this next phase of its trajectory. We are all
extremely supportive of Daniel and have full confidence in the Company?s strategy and management
team.?



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