Dick Clark Productions was an entertainment production company established in 1957 by entertainer
Dick Clark, producing television shows, television specials, and television movies. In 2007, it was sold to Daniel Snyder, owner of American football team Washington Redskins and former chairman of amusement park company Six Flags Entertainment Corporation, for $175 million. Around September 2016, Chinese family-owned conglomerate Dalian Wanda Group (which owns a controlling interest in
AMC Theatres and fully owns
Legendary Entertainment) was in talks of acquiring the company for $1 billion. The transaction was confirmed on November 4th; however, the Wanda Group called off the deal in March 2017. On February 1, 2018, the company merged with
Media Rights Capital and Billboard-Hollywood Media Reporter Group to form Valence Media.
