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Televisa-Univision Appoints Daniel Alegre as CEO, Wade Davis to Become Vice Chairman

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2024-09-19 15:37:15304browse

Spanish media giant Televisa-Univision says it has appointed Daniel Alegre to the role of chief executive officer, effective immediately.

Televisa-Univision Appoints Daniel Alegre as CEO, Wade Davis to Become Vice Chairman

Spanish media giant Televisa-Univision has appointed Daniel Alegre as its new chief executive officer, effective immediately.

Alegre succeeds Wade Davis, who will become Televisa-Univision’s Vice Chairman of the Board of Directors, the company said in a late night statement e-mailed to reporters.

Alegre was most recently the CEO of Yuga Labs, which developed the “Bored Ape” non-fungible token (NFT) that gained popularity during the coronavirus health pandemic three years ago. He also held roles at gaming company Activision Blizzard and Google during his three-decade career in media and technology.

“On behalf of the Board, I’m excited to welcome Daniel to Televisa-Univision as we embark on the next phase of our strategic journey focused on further integration and optimization,” Alfonso de Angoitia, the Executive Chairman of Televisa-Univision, said in a statement. “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 Televisa-Univision – 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.”

De Angoitia said Alegre was “right leader at the right time to take the helm” as the company continues to nurture its traditional TV business and build out its digital businesses, which includes streaming TV service Vix.

“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 Televisa-Univision needs to drive our next phase,” said de Angoitia.

“The media landscape is undergoing a profound transformation and Televisa-Univision is strategically poised to seize new opportunities while staying deeply connected to the communities we serve,” Alegre said in a statement of his own. “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 Televisa-Univision’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.”

Alegre praised his predecessor for creating “a strong multi-platform media business with world-class quality and breadth of entertainment, news and sports programming,” and said he looked forward to “working with our global teams and partners to build on Televisa-Univision’s great history and take the company to new heights.”

Davis offered similar praise for Alegre late Wednesday evening.

“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,” Davis wrote. “The company’s future is bright, and I look forward to supporting Daniel and the Televisa-Univision team in my role as Vice Chairman of the Board.”

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