Dick clark productions
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| Private | |
| Industry | Television production |
| Founded | Philadelphia, Pennsylvania, USA (1957) |
| Founder | Dick Clark |
| Headquarters | Santa Monica, California, USA |
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Key people
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Allen Shapiro (CEO) Peter Guber (Chairman) Wang Jianlin (President) |
| Owner |
Eldridge Industries Mandalay Entertainment Mosaic Media Investment Partners |
| Website | www |
Dick Clark Productions (stylized as dick clark productions by the company, and often abbreviated dcp) is an American entertainment production company founded by entertainer Dick Clark. Since its inception in 1957, the studio has produced a number of television shows, specials and much more, such as American Bandstand, The Dick Clark Show, Where The Action Is, Dick Clark's New Year's Rockin' Eve, American Music Awards (dcp's first awards show), Dick Clark's LIVE Wednesday, Bloopers, Camp Midnite, The Challengers, Beyond Belief: Fact or Fiction, Greed, American Dreams and So You Think You Can Dance? (co-produced with 19 Entertainment).
The company previously had a longstanding relationship with the Academy of Country Music Awards, with it producing the American Country Countdown Awards beginning in 2014. It is unclear if the studio's relationship with the ACM will continue. However, it is confirmed that it will be producing the 50th ACM Awards in 2015.
The Dick Clark radio show began syndication in the late 1950s as part of MARS Broadcasting. 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 percent stake held by Six Flags. The week of June 13, 2012, Red Zone confirmed a possible sale of D.C.P., and that investment bank Raine Group had been tapped by D.C.P. to determine possible suitors for the company. Rumored suitors include CORE Media Group, whose 19 Entertainment produces So You Think You Can Dance with D.C.P., and Ryan Seacrest Productions, whose namesake founder worked with and was mentored by Dick Clark.
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Wikipedia