Dick Clark Productions Acquired

Dick Clark Productions Acquired

Dick Clark Productions Acquired
Following news regarding the potential sale of Dick Clark Productions, an investor group including Guggenheim Partners, Mandalay Entertainment Group and Mosaic Media Investment Partners has finalized a deal to acquire the company, according to The Hollywood Reporter. Financial terms of the deal were not disclosed. Dick Clark Productions produces the annual American Music Awards and Academy of Country Music Awards, among other shows. The namesake of the company, Dick Clark, died in April. (9/4)

Nokia Launches U.S. Music Service
Nokia has announced the U.S. launch of Nokia Music, a free music streaming service that includes more than 150 exclusive playlists and the ability for users to create playlists. The service is currently only compatible with Nokia Lumia 900 or Nokia Lumia 710 mobile phones. Nokia Music also provides users the ability to locate live events by their favorite artists, and connects to Nokia's MP3 store. (9/4)

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