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Earlier this week, Dick Clark Productions confirmed that it had hired an investment bank so that the company could reportedly try to sell itself. According to a new report, Ryan Seacrest is showing interest in acquiring the company, which would only add to his already large media empire.
According to a report from Reuters, people close to the matter said that the American Idol host’s production company, Ryan Seacrest Media, is among the bidders that want information on DCP from Raine Group, the investment bank that DCP hired.
Reuters contacted a Seacrest spokeswoman, but she declined to comment.
As we reported Thursday, The New York Times first reported that DCP hired Raine to field offers from potential buyers, which includes Chinese media companies and private equity firms. NYT’s sources said that DCP’s interest in selling itself only began when one of those Chinese media companies approached them about it.
If Seacrest, who has been considered today’s version of the late Dick Clark, were to buy DCP, it would only become one part of his large media empire. In addition to his nationally syndicated radio show, Ryan Seacrest Media produces E!’s Keeping Up With The Kardashians series and its spin-offs. Seacrest also hosts Idol, is a co-anchor and editor for E! News and is going to cover the London Olympics for the Today Show.
In January, Seacrest teamed with entrepreneur Mark Cuban to re-launch HDNet as AXS TV and just days later, Clear Channel announced plans to invest in Ryan Seacrest Media.
Seacrest called Clark a “big influence” on his life when Clark died in April. Seacrest also hosted Dick Clark’s New Year’s Rockin’ Eve.
DCP produces the Golden Globes and other award shows, Rockin’ Eve and So You Think you Can Dance.