NY- [Product Placement News] On the same day RedZone Capital announced the acquisition of Dick Clark productions, inc., the licensing show was under way in New York.
Participants included Disney, Paramount, Dick Clark and Arrow Productions,www.xxxdeepthroat.com who proudly displayed a poster for their classic film Deep Throat right across from the Dick Clark booth.
Dick clark productions, inc. is the owner/producer of some of television’s most popular and exciting entertainment properties, as well as the owner of the world’s most unique and extensive library of live televised music. RedZone Capital paid $175 million with Six Flags, Inc., (NYSE: SIX) taking a 40% equity interest in the transaction.
Arrow Productions is the oldest adult production company. In information provided to the Licensing show:
“Arrow started the whole Adult Entertainment Industry with the blockbusters like Deep Throat, Debbie Does Dallas, and Tell them Jonny Wadd was Here. Arrow is the true legend in the Adult Industery.”
The poster from Deep Throat was an ‘attention grabber’, especially when one explores the total revenue of the film – one FBI source suggests $100 million, but numbers as high as $600 million have also been cited, which would make the movie the most profitable of all time.
Red Zone’s purchase price of $175 million includes The American Music Awards, The Golden Globes, The Academy of Country Music Awards, Dick Clark’s New Year’s Rockin’ Eve, and 10,000 hours of contemporary live music performances, including American Bandstand’s nearly 900 one-hour broadcasts, and a variety of entertainment and comedy specials or series, children’s programming, talk shows, made-for-TV movies, and more.
In 2002, as a publicly traded company dick clark productions was purchased for $140 million and taken private by a group of investors including the Canadian pension fund Capital Communications CDPQ, Inc., and Mosaic Media Group. It has remained privately owned since. In 2004, Mandalay Entertainment Group purchased Capital Communications’ interest and announced it would partner with Mosaic Media Group to operate the company, forming the new entity Mandalay Mosaic Television Group.
Earlier this year, RedZone Capital Fund II purchased the Johnny Rockets restaurant chain, one of the fastest-growing American brands. RedZone Capital also is owner of Red Zebra Broadcasting, home of ESPN broadcasts for greater Washington, DC, Richmond, VA, Norfolk, VA; and other assets.