Dick Clark Dies

Dick Clark Dies
Longtime TV producer/host and Recording Academy Trustees Award recipient Dick Clark died April 18 following a heart attack. He was 82. Born in Mount Vernon, N.Y., Clark began a career in radio before graduating from high school, working in the mailroom of New York's WRUN-AM. He attended Syracuse University where he earned a degree in business and worked as a disc jockey at the university's student-run radio station. In 1952 he landed a spot as a DJ at Philadelphia's WFIL-AM where he hosted "Dick Clark's Caravan Of Music," subsequently leading to a gig hosting the famed "American Bandstand." After relocating to Hollywood, Calif., in 1963, Clark founded Dick Clark Productions, producing TV shows such as "Super Bloopers And Practical Jokes" and the annual American Music Awards. Clark is widely known for his annual "Dick Clark's New Year's Rockin' Eve," which he hosted for more than three decades. In 1990 Clark was honored with a Recording Academy Trustees Award. Also an Emmy Award winner, Clark was inducted into the Rock and Roll Hall of Fame in 1993 and earned a star on the Hollywood Walk of Fame. (4/18)

SoundExchange Refutes Online Radio Royalty Figures
SoundExchange is refuting yesterday's report that Internet radio services Pandora and SiriusXM Radio accounted for 90.4 percent of the performance rights organization's total annual revenues in 2011. While SoundExchange said it cannot publicly disclose actual royalty figures, the organization says the amount paid from Pandora and SiriusXM is "substantially below" the reported 90 percent and attributes the misrepresented numbers on "using public sources that rely on different assumptions, estimates and other factors," according Billboard.biz. (4/18)

Diddy Is Named Forbes' Wealthiest Hip-Hop Artists
Sean "Diddy" Combs topped Forbes magazine's top five wealthiest hip-hop artists in 2012 list with an estimated net worth of $550 million. Placing second was Jay-Z at $460 million, followed by Dr. Dre ($270 million), Birdman (Cash Money Records CEO Bryan Williams, $125 million) and 50 Cent ($110 million). (4/18)

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