Dick Clark's Financial Network
Source: U.S. House of Reprsentives,
Payola and Other Deceptive Practices in the Field of Broadcasting
hearings before the Select Sub-Committee on Legilative Oversight of the on
Interstate and Foreign Commerce
86th Congress, second session Washington, D.C. GPO, 1960)p. 125f
Clark Enterprises before Divestiture |
Chart 2 Key |
A. American Broadcasting Company
B. Triangle Publications, Inv WFIL
C. Click Corporation 100% Clark
D. Drexel Television Productions Inc - 100% Clark
E. This Week Magazine - February Corporation
F. Columbia Pictures Inc (Gidget) - 12% (Drexel Films)
G. Arch Music Co., The January Music Corp, Sea-Lark Enterprises, Inc, Globe Record Corp,
Kincord Music Corp. - 100% Clark
H. February Corporation, March Productions Corporation, Drexel Films, Drexel
Pictures, Drexel Shows, Rosho Corporation - 100% Clark
I.. Columbia Pictures, Inc "Because They Are Young" - Drexel Pictures
J. Swan Record Corp., ( Bar Music Inc.)*, (Request Music Inc)*., Anita Presing
Corp - 50% Clark- 25% Mammarella-25%-Bernard Binnick
K. Am-Par Record Corp, Random House, Inc, Look Magazind etc - Rosho
L. Photo-Play Magazine, GAC Super Productions Inc - Dick Clark Caravan of Stars etc
- March Productions
M. Jamie Record Company - Clark, Sam Hodge, Harold Lipsius , Harry Finfer - 25% each
N. Post-Grad Products, Inc - Clark, Mammarella, Lowe, Charles D. Reeves, Ross
Bagdasarian, Jim Bennett, Frank Lualdi, Griffith & Shedler, Marvin Josephson
- Hair Dressing - Reorganized October, 1959
O. Mallard Pressing Corp. - Clark 50%, Bernard Lowe - 50%
P. Chips Distributing Corp - Clark 1/3, Bernard Lowe 1/3, Harry Chipetz 1/3
Q. SRO Artist - Clark 25%, Al Wilde 75%
1 - 4 Clark
5 Clark - Mammerella et al
6 Clark - Wilde
7 Clark - Lowe - Chipetz
8 Clark - Lowe
9 Clark - Hodge - Lipsius -Finfer
10 Clark - Mammarella - Binnick
Lines:
Single Connecting Line - Propriety Interest
Double Line - Contractual Interest
( )* - Wholly Owned Subsidiary of the Company under which listed