Los Angeles and New York – Guggenheim Partners together with Mandalay Entertainment and Mosaic Media Investment Partners, have announced a definitive agreement to purchase Dick Clark Productions (DCP) from RedZone Capital Management. The terms of the transaction were not disclosed.

DCP is the leading independent producer of television programming for broadcast networks, cable networks and other distributors. The company’s world-renowned television programming includes the Golden Globe Awards; the American Music Awards; the Academy of Country Music Awards; New Year’s Rockin’ Eve; and So You Think You Can Dance.

The investor group is comprised of experienced, long-term investors with a deep understanding of the media and entertainment industry and a history of collaboration with each other. Guggenheim Partners, Mandalay Entertainment and Mosaic Media Investment Partners plan to continue DCP’s tradition of providing its network partners with devoted and growing audiences across DCP’s premier programming.

Todd Boehly, President of Guggenheim Partners, said, “We look forward to continuing DCP’s production of branded entertainment that has become a part of the American lexicon. We plan to work closely with the Hollywood Foreign Press Association, the Academy of Country Music and all of the network partners and sponsors to ensure DCP’s long-term growth and success.”

The transaction is subject to the satisfaction of customary closing conditions and regulatory approvals. It is anticipated that the transaction will be completed expeditiously.