- Obama’s regulatory agenda will cost U.S. economy $143B next year: report
- Patriot Act author on James Clapper: Fire, prosecute him
- Russia P.M. Medvedev: No amnesty for political prisoners
- Michigan GOP Senate hopeful reminds government is the ‘servant’
- Christmas, by Congress: Members mull a 15-cent tax on trees
- U.S. unemployment falls to five-year low of 7 percent; 203K jobs added
- World mourns Nelson Mandela and celebrates his life; burial set for Dec. 15
- Bill O’Reilly reminds: Nelson Mandela ‘was a communist’
- John Boehner says GOP should support gay candidates: ‘I do’
- Grass-Whopper: Pan-fried cricket burgers go over big in New York City
Snyder private equity firm selling Dick Clark Productions
Question of the Day
NEW YORK (AP) — Dick Clark Productions, which produces TV programs including “New Year’s Rockin' Eve” and the Golden Globe Awards, is being sold to a group including the investment firm Guggenheim Partners.
Financial terms were not disclosed.
Along with Guggenheim, other buyers include Mandalay Entertainment, whose CEO, Peter Guber, is a film producer and also co-owner of the Golden State Warriors basketball team, and Mosaic Media Investment Partners. Mosaic was part of a consortium that took Dick Clark Productions private in 2002.
Mandalay and Guggenheim Partners were part of the investor group that paid $2 billion for the Los Angeles Dodgers.
“We are committed to providing Dick Clark Productions with the resources to continue growing its business in a way that creates value for sponsors, networks and audiences, and we look forward to energizing fans in new and innovative ways,” Mosaic Media Managing Partner Allen Shapiro said in a statement.
Dick Clark Productions went public in 1987 and grew into a large business with an array of programs and several thousand employees. When Clark suffered a stroke in 2004, his role at the company was reduced. When RedZone purchased the company in 2007, the television icon stayed connected to it only through his annual appearances on the New Year’s Eve show. Clark died of a heart attack in April at age 82.
- Spike in battlefield deaths linked to restrictive rules of engagement
- Activists urge Obama to go rogue, sidestep Congress
- Colorado judge: Bakery owner discriminated against gay couple
- Bill OReilly reminds: Nelson Mandela was a communist
- U.S. pilot scares off Iranians with 'Top Gun'-worthy stunt: 'You really ought to go home'
- PRUDEN: British press horrified as London's new mayor dares to proclaim the truth
- Rush Limbaugh: Obama trying to make Mandela death about himself
- 'Hunger Games' delivers Obama's message on income inequality
- Obama administration issues permits for wind farms to kill more eagles
- Obamas call to close Vatican embassy is 'slap in the face' to Roman Catholics
Independent voices from the The Washington Times Communities
Interviews and show reviews from the Los Angeles punk scene past and present. Los Angeles has always been rich in punk rock talent since punk rock was born.
Inside the sport of hockey from a scout’s perspective
Classical music and the performing arts: news and reviews you can use.
For moms, dads, kids, tech heads, travelers, kitchen mavens and everyone else on your holiday gift list
White House pets gone wild!