Dick Clark Productions changed hands five times across two decades of financial owner shuffling

Evidence

In the case of Eldridge, owned by Todd Boehly (whose early career was as an investor at Credit Suisse and Guggenheim Partners), the trade publications he scooped up from private equity were the beginnings of an unlikely entertainment empire. Dick Clark Productions, the historic production company created in 1957 for its founder’s radio show and subsequent television shows, which include American Bandstand (ABC, 1957–87) and The Dick Clark Show (ABC, 1958–60), continues to produce variety, event, and award shows to this day. Its contemporary management, however, is rocky, to say the least. In 2002, it attracted the interest of investment firm Mosaic Media, followed by Mandalay Entertainment in 2004, before being taken over by the PE firm Red Zone Capital Management in 2007. It was then sold again to a partnership led by Guggenheim Partners in 2012, before ending up with Eldridge in 2017. — Andrew deWaard, Derivative Media, 251

Categorization

• SHARE: For anyone tracking the churn of legacy entertainment production houses through financial ownership, this ownership chronology of Dick Clark Productions is precisely detailed.