Allen Shapiro

Last updated
Allen Shapiro
Born
Chicago, Illinois
NationalityAmerican
Alma mater Northwestern Pritzker School of Law
Occupation(s)Managing Partner, Mosaic Media Investment Partner
Known forFormer executive chairman and CEO of Dick Clark Productions; former chairman of TV Guide Network; co-founding SPACs

Allen Shapiro is a media executive and investor. He is the former executive chairman and CEO of Dick Clark Productions (DCP), a former chairman of TV Guide, and a former entertainment lawyer. Shapiro was the executive producer of DCP's flagship programming and oversaw the development, production and licensing of the company's high-profile properties. Since 1999, he is a managing partner of Mosaic Media Investment Partners production and talent management company. [1]

Contents

Life and career

Shapiro was born in Chicago, Illinois. [2] He attended Northwestern Pritzker School of Law, earning a J.D. in 1972. [3]

Entertainment lawyer

Shapiro’s professional career began in his hometown of Chicago in the Office of the General Counsel at Playboy Enterprises, Inc. [2]

In 1983, Shapiro joined the law firm of Gipson Hoffman & Pancione, subsequently became a partner. The firm represented numerous entertainment clients including Robert Redford, Sean Connery and Miramax. Shapiro also headed the music practice at Kaplan, Livingston, Goodwin, Berkowitz & Selvin. In private practice, Shapiro specialized in music and entertainment law. [2]

Media industries

In 1999, Shapiro helped shape a merger between Gold/Miller Management and Atlas Entertainment, that formed Mosaic Media Investment Partners, with himself as a partner and president of Mosaic Media Group; he subsequently serves as managing partner. Before joining Mosaic, Shapiro was president / CEO of The IndieProd Company, where he arranged the sale of the company to Carolco Pictures Inc. While at IndieProd, the company produced numerous films and television shows including Universal Soldier, Air America, Roxanne, L.A. Story, Footloose and All That Jazz.

In 2004, Shapiro facilitated the leveraged buyout of DCP from Dick Clark, [4] [2] and became CEO of the company. Three years later, DCP was successfully sold to RedZone Capital Management in June 2007. In October 2012, Shapiro once again became CEO of Dick Clark Productions after the company was purchased from Redzone Capital Management by Guggenheim Partners, Mandalay Entertainment and Mosaic Media Investment Partners. [5] Shapiro is the co-executive producer of "Dick Clark's New Year's Rockin' Eve" and co-produces its successor, "New Year’s Rockin' Eve with Ryan Seacrest" with its host. [6]

Macrovision Solutions Corporation sold its TV Guide Network to Shapiro and One Equity Partners, an investment arm of JPMorgan Chase, [7] for about $255 million in 2008. [2] Three months later, in 2009, Shapiro partnered TV Guide and One Equity Partners with Lionsgate, serving as chairman of the joint venture. [7] Shapiro was responsible for steering TV Guide's overall business strategy, while also overseeing its P&L operations and long-term growth. [8]

In 2013, Shapiro and Keshet International formed a joint venture called Keshet DCP, [9] to serve as a platform for the two companies to jointly finance, develop and produce unscripted television programming in English and Spanish for U.S. and worldwide audiences. One of the first shows Keshet DCP wanted to exploit was Rising Star, a live talent show using real-time audience voting through a downloadable app. Among other DCP productions in 2013, was the American Music Awards followed, in January 2014, by the 71st Golden Globe Awards. [10] That month DCP announced a multi-year television agreement with CBS to broadcast the Hollywood Film Awards. [11]

In 2014, Shapiro made his first appearance on the Billboard Power 100 List at No. 26. [12] In 2015, Shapiro appeared on Billboard's first "TV's Top Music Power Players List", [13] and was No. 25 on the Billboard Power 100 List of the most influential people in the music business. [14]

Shapiro is an investor in the Los Angeles football club [15] Team Liquid, [16] Blaze Pizza, Skims, Epic Games, Niantic, and Next VR, among several other properties. He was an investor in Aviation Gin, which was sold to Diageo in a $610 million dollar deal. [17]

In September 2020, Shapiro partnered with John D. Howard to launch Celebrands, [18] to partner with celebrity owners and others to both found and acquire consumer-facing brands. [19]

In December 2020, [20] Shapiro formed special-purpose acquisition company (SPAC) Bright Lights Acquisition Corp. with former Dick Clark Productions CEO Michael Mahan, which had a January 2021 IPO of $US200 million. [21] Directors include singer-songwriter Ciara and former Dick Clark chairman and media mogul Peter Guber. [20] In November 2021, Manscaped, the men's grooming start-up backed by Channing Tatum, announced a deal with Bright Lights Acquisition Corp. in a deal that values the company at $1 billion. [22]

In 2021, having optioned Dennis McDougal's unauthorized biography of Lew Wasserman, The Last Mogul, [23] Shapiro was reported as co-executive producer, with Mark Canton, of a new film version of the book [24] depicting MCA chairman Lew Wasserman and his "Hollywood fixer", attorney Sidney Korshak. [23] [25]

Mosaic Media Group

Mosaic Media was formed as a talent management company representing such artists as Will Ferrell, Jim Carrey, Green Day and Alanis Morissette, and as a film production company, which produced shows such as Get Smart and The Dark Knight . In addition to DCP, Mosaic Media bought and sold Hamstein Music Group, owner of the ZZ Top and Clint Black catalogues, and Daksel Seldak Music, owner of the Aerosmith catalogue. Mosaic Media Investment Partners also acquired the Time Life infomercial business.[ citation needed ] Mosaic was included in the consortium that took Dick Clark Productions from public to private in 2002. [5] Production credits include:

TV shows

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References

  1. ↑ Protess, Ben (September 4, 2012). "Dick Clark Productions Sold to Guggenheim Partners". New York Times.
  2. 1 2 3 4 5 "Macrovision, Allen Shapiro and One Equity Partners Announce Agreement for Sale of TV Guide Network". sec.gov. SEC. Retrieved October 16, 2021.
  3. ↑ "Alumni Career Talk: Entertainment, Law and Entrepreneurship with Allen Shapiro, JD '72". Northwestern Pritzker School of Law. Retrieved October 16, 2021.
  4. ↑ Bond, Paul. "Group channels funds to buy TV Guide Net, site". hollywoodreporter.com. The Hollywood Reporter. Retrieved October 16, 2021.
  5. 1 2 Associated Press (September 4, 2012). "Snyder private equity firm selling Dick Clark Productions". The Washington Times.
  6. ↑ Andreeva, Nellie. "Ryan Seacrest Extends Deal To Host & Exec Produce \'New Year's Rockin' Eve' On ABC". Deadline Hollywood . Penske Business Media. Retrieved October 18, 2021.
  7. 1 2 Rafat, Ali. "Lionsgate Sells 49 Percent of TV Guide Back To Former Bidder One Equity, For $123 Million". cbsnews.com. CBS News . Retrieved October 18, 2021.
  8. ↑ Schneider, Michael (December 18, 2008). "Shapiro Buys TV Guide Network". Variety.
  9. ↑ Bond, Paul (October 2, 2013). "Dick Clark Productions' Parent Company Forms Joint Venture With Keshet International". The Hollywood Reporter.
  10. ↑ Barnes, Brooks (10 January 2014). "Awards Shows Help Clark Productions Bounce Back". The New York Times . Retrieved October 16, 2021.
  11. ↑ Goldberg, Lesley (January 9, 2014). "CBS Inks Multiyear Deal to Air 'Hollywood Film Awards'". The Hollywood Reporter.
  12. ↑ Gallo, Phil (January 16, 2014). "Allen Shapiro & Michael Mahan: The 2014 Billboard Power 100". Billboard.
  13. ↑ Billboard Staff (September 17, 2015). "Billboard's First-Ever TV's Top Music Power Players List Revealed". Billboard.
  14. ↑ Billboard Staff (February 5, 2015). "Michael Mahan & Allen Shapiro: The 2015 Billboard Power 100". Billboard.
  15. ↑ "Will Ferrell announced as LAFC part owner". 7 January 2016.
  16. ↑ "Peter Guber and Ted Leonsis Lead Buying Group for Esports Power Team Liquid". 27 September 2016.
  17. ↑ "Ryan Reynolds' Aviation Gin Line Sells to Diageo for $610 Million, Following Liquor Seller's Billion-Dollar Deal for George Clooney's Casamigos Tequila". 17 August 2020.
  18. ↑ VERHOEVEN, BEATRICE; Burch, Sean (12 January 2021). "Leaders of the SPAC: Why Hollywood Is Hot for Blank-Check Companies". thewrap.com. The Wrap. Retrieved October 13, 2021.
  19. ↑ Goldsmith, Jill. "Former Dick Clark Prods. CEO Allen Shapiro, Investor John Howard Launch Celebrands To Build Celeb-Driven Cos; Early Stakes In Aviation Gin, Kardashian Projects". Deadline Hollywood . Penske Business Media. Retrieved October 15, 2021.
  20. 1 2 Long, Michael (21 December 2020). "Mark Shapiro and Peter Guber jump aboard the SPAC bandwagon". sportspromedia.com. Sports Pro. Retrieved October 13, 2021.
  21. ↑ FAUGHNDER, Ryan. "The Wide Shot: Why Hollywood is obsessed with SPACs". Los Angeles Times. Retrieved October 13, 2021.
  22. ↑ "Manscaped Inks $1 Billion SPAC Deal". beautymatter.com. Retrieved 2022-01-28.
  23. 1 2 Fleming, Mike. "Hot Package: Jonah Hill To Play Sidney Korshak In Miniseries On Fixer's Work With Lew Wasserman". Deadline Hollywood . Penske Business Media. Retrieved October 18, 2021.
  24. ↑ Schneider, Michael. "'Flatly False': Wasserman Estate Disputes Claims of Support for Jonah Hill's 'The Last Mogul'". Variety. Variety. Retrieved October 18, 2021.
  25. ↑ Thomas, Robert McGill (22 January 1996). "Sidney Korshak, 88, Dies; Fabled Fixer for the Chicago Mob". The New York Times . Retrieved October 18, 2021.
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