After several days of negotiations over safety precautions and logistics, Sen. Kamala Harris and Vice President Mike Pence will be separated by plexiglass at the VP debate on Wednesday, two sources familiar with the move confirmed to Axios. Joseph R. Ianniello is an American media executive. Univision, which is backed by private-equity owners, including Saban Capital Group, Madison Dearborn Partners and Texas Pacific Group, has failed to devise an exit for those investors as the broadcasting industry has grown more complex to navigate. Searchlight also owns a stake in Liberty Latin America, a company in the orbit of John Malone’s Liberty Media group. Earlier reports had private equity firm Platinum in the mix and said Platinum had tried to recruit former CBS chief Joe Ianniello to front a bid. Receive mail from us on behalf of our trusted partners or sponsors? [10][11][12][13][14], On September 9, 2018, CBS Corporation announced Moonves would be stepping down as CEO and announced Joe Ianniello as President and acting CEO. Shari Redstone Joe Ianniello in Spotlight as CBS and Viacom Pursue Merger Talks Again. Mantente informado con las últimas noticias, videos y fotos de Joe Manganiello que te brinda Univision | Univision Univision announced plans to explore its options last summer. View Joe Iannello’s profile on LinkedIn, the world's largest professional community. He will receive a $5 million cash signing bonus, and the extension guarantees him another $15 million bonus.
Receive news and offers from our other brands? During that time, he was involved in many of the mergers and acquisitions including the acquisitions of BET, Comedy Central and Sportsline. Platinum Equity es una de las empresas interesadas en adquirir Univisión. Joseph R. Ianniello is an American media executive. [19], After 22 years, Joe departed his role as chairman and CEO of the CBS Entertainment Group for ViacomCBS on March 23, 2020 as he was replaced with NBCUniversal alum George Cheeks. [18], Ianniello’s ongoing commitment to strengthening the culture includes continuing progress in the Company’s diversity and inclusion efforts. Univision is owned by a group of private-equity firms that bought the company in 2007 for $13.7 billion. He had functioned as a sort of chief operating officer of that entertainment company under CEO Bob Bakish. It was recently reported that billionaire John Malone’s Liberty Global, Liberty’s investment arm —with the help of Hemisphere Media Group—is considering a bid for the Spanish-language broadcaster. Joe Ianniello, who has overseen the CBS-branded assets at ViacomCBS since the merger of Viacom and CBS, is being sought to lead a bid for Univision Communications, according to a report in the Wall Street Journal. Photo: Erik McGregor/LightRocket via Getty Images. 2019: Lions Gate offered to sell Starz to CBS for $5.5 billion - sources: RE. Últimas noticias de Joe Manganiello. 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. “Nabbing Univision could help a number of assets in which Malone owns stakes, such as cable giant Charter Communications and cable networks firm Discovery, to leverage access to the coveted U.S. Hispanic audience,” The Hollywood Reporter says. Univision has had a rocky road since going private in 2006. Others include former Viacom CFO Wade Davis, who is backed by third-party financing. Univision has in recent years scrapped an expected IPO and bought and then sold off an array of digital-content assets that included Jezebel, Jalopnik, The Root and a minority stake in The Onion.
Sources said the talks are proceeding with the expectation of a sale price of around $10 billion. The company had $7.4 billion in debt as of late September. He has previously been the Chairman of CBS Entertainment Group unit of ViacomCBS from December 4, 2019 until March 23, 2020 and President and acting CEO of CBS Corporation in September 2018. Photo: Ethan Miller/Getty Images. Broadcasting+Cable is part of Future US Inc, an international media group and leading digital publisher. In 2017, Ianniello signed a contract extension to June 30, 2022, a year longer than Chairman and CEO Les Moonves. Sara-May 14, 2020. [3], In December 2015, he served as Senior Vice President of Finance and Treasurer of CBS Corporation.[4]. He was previously a media and tech investment banker. A Univision spokesman declined to comment on a possible sale. And the scramble to figure out the scope of this outbreak is a high-profile, high-stakes microcosm of America's larger failures to contain the virus and to stand up a contact-tracing system that can respond to new cases before they have a chance to become outbreaks. MoffettNathanson: E-commerce Grew At ‘Astounding Pace’ During Pandemic. Platinum Equity is trying to get CBS Entertainment Group Chairman Joe Ianniello to front its bid for Univision Communications, The Wall Street Journal reports, citing people familiar with the matter.
[20], At the time various CBS Board Members put together and submitted a bid to acquire Viacom, CBS had wanted Ianniello – CBS's then chief operating officer – to hold the same position at the new firm.[21]. The $13.7 billion deal included the assumption of the company’s $1.4 billion in debt. Univision’s owners have been clear about their desire to sell. Sign up for Deadline's Newsletter. Mantente informado con las últimas noticias, videos y fotos de Joe Manganiello que te brinda Univision | Univision During the time since, he was Director of Entercom Communications Corporation, and Executive VP and Treasurer of CBS Radio Inc.[5][6] In 2009, Ianniello served as CBS’s Chief Financial Officer and Executive Vice President of CBS Corporation for four years, where he was responsible for the company’s financial strategy across all of its operations. [15], Ianniello’s contract for his acting CEO role was extended by the board for six months in April 2019.
Future US, Inc. 11 West 42nd Street, 15th Floor,
Dish Taps Quantum Metric SaaS Platform for Consumer Insights, D.C. Reacts to Supremes Decision to Hear Broadcast Dereg Case, Administration Gets Bipartisan Backing for Privacy Efforts, CWA Tees Up Reports on Broadband Deployment. The big picture: Ianniello is reportedly being sought to lead a bid for Univision Communications, per the Wall Street Journal.
2019: CBS Is Planning Offer for Sister Company Viacom -- Update: DJ. The television industry's top news stories, analysis and blogs of the day. [24] Previously, Ianniello has served as a director of CBS Outdoor Americas, Inc. "CBS Suspends CEO Search, Extends Ianniello as Acting Chief Until Year-End", "CBS Names Pace University Grad As Interim President/CEO After Ouster Of Les Moonves", "Joseph R. Ianniello: Executive Profile & Biography - Bloomberg", "CBS promotes Joseph Ianniello to chief operating officer", "CBS Corp. Extends COO Joe Ianniello's Contract Through 2022", "Joe Ianniello caught in crossfire of CBS feud", "CBS keeps Moonves in place during sexual misconduct inquiry", "CBS/Viacom Merger Caught Up in Management Roles – Media Play News", "CBS chief quits after misconduct claims", "CBS Acting CEO Joseph Ianniello to Earn at Least $23 Million in 2019", "ViacomCBS Merger: How Joe Ianniello Went From Odd Man Out to a Lofty Perch", "CBS Chief Joe Ianniello Touts Reforms in Diversity and Inclusion Memo", https://variety.com/2020/tv/news/george-cheeks-joe-ianniello-viacomcbs-1203488105/, "CBS, Viacom Reach Tentative Deal on Team to Lead Combined Company", "Office of the President | Board of Trustees | PACE UNIVERSITY", https://en.wikipedia.org/w/index.php?title=Joseph_Ianniello&oldid=947328721, Creative Commons Attribution-ShareAlike License, This page was last edited on 25 March 2020, at 17:23.
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