Ryan Seacrest, CBS and Former Co-Chairman of NBC Entertainment All Interested in Buying the Company That Produces the Golden Globes Broadcast

Aug 13, 2012  •  Post A Comment

Ryan Seacrest, CBS and the former chairman of NBC Entertainment are all interesting in buying the compay that produces the Golden Globes broadcast, reports Reuters.com

The company up for sale is Dick Clark Productions.

Says the story, "CBS Corp is considering a bid for Dick Clark Productions and would join other bidders including "American Idol" host Ryan Seacrest, who have until August 31 to make offers, two sources familiar with the matter said on Friday [Aug. 10, 2012].

"Entertainment company CBS is in a group of four to six bidders who have moved to a second round of discussions with Dick Clark Productions chief executive Mark Shapiro, said the sources, who are not authorized to speak publicly."

According to the article, other bidders include Core Media Group, which is run by Marc Graboff, the former co-chairman of NBC Entertainment and a longtime business-side executive at the network, and Colony Capital, which owns film studio Miramax. Anotther bidder, the report notes, is private equity firm Guggenheim Partners, which helped finance the recent purchase of the Los Angeles Dodgers.

CBS had considered bidding on the television rights for the Golden Globe Awards in 2010, the story says. CBS owns the rights to awards shows including the Grammy Awards.

Dick Clark Prods., which also produces the Miss Universe Pageant and the Fox TV show "So You Think You Can Dance," is seeking $350 million in a sale.

A CBS representative declined to comment, as did representatives for Colony and Ryan Seacrest. Reps at Dick Clark Prods. and Core Media didn’t return calls and emails requesting comment, the story says.

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