Dick Clark Productions (stylized as dick clark productions by the company, and often abbreviated dc or, in some media reports, DCP) is an entertainment production company founded by entertainer Dick Clark. Since its inception in 1957, the company has produced a number of shows, specials and movies.
The Dick Clark radio show began syndication in the late 50s as part of MARS BROADCASTING, INC.
Such programs from classic to contemporary include American Bandstand, Where the Action Is, The Dick Clark Show, TV Bloopers & Practical Jokes, Dick Clark's LIVE Wednesday, Camp Midnite, Beyond Belief: Fact or Fiction, So You Think You Can Dance, American Dreams (which includes classic footage from American Bandstand), Shaq Vs. and Greed. Its work also includes such specials as the American Music Awards (dc's first awards show), the Academy of Country Music Awards, the Golden Globe Awards and Dick Clark's New Year's Rockin' Eve with Ryan Seacrest.
Dick Clark Productions went public on NASDAQ in 1986. It was taken private in 2002 by an investment group that included Mosaic Media Group and Caisse de dépôt et placement du Québec. Mandalay Entertainment bought CDP's stake in 2004.
On June 19, 2007, Dick Clark Productions was sold to Daniel Snyder, Washington Redskins owner and former chairman of Six Flags, for $175 Million. After founder Dick Clark's death on April 18, 2012, Snyder commented that he was proud when he purchased Dick Clark Productions, adding that Clark was "in every sense of the word, a giant."
Until 2012, Dick Clark Productions was majority owned by Red Zone Capital Management, a Daniel Snyder-controlled private equity firm, with a 40% stake held by Six Flags. The week of June 13, 2012, Red Zone confirmed a possible sale of dc, and that investment bank Raine Group had been tapped by dc to determine possible suitors for the company. Rumored suitors include Core Media Group, whose 19 Entertainment produces So You Think You Can Dance with dc, and Ryan Seacrest Productions, whose namesake founder worked with and was mentored by Dick Clark.
On September 4, 2012, Red Zone Capital Management reached an agreement to sell Dick Clark Productions to a group partnership headed by Guggenheim Partners, Mandalay Entertainment and Mosaic Media Investment Partners, for approximately 350 million dollars.
Read more about Dick Clark Productions: The Origins of The Name and Its Styling
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