ABC AND DICK CLARK PRODUCTIONS EXTEND "AMERICAN MUSIC AWARDS" AND "DICK CLARK'S NEW YEAR'S ROCKIN' EVE WITH RYAN SEACREST" BROADCAST AGREEMENTS

The New 9-Year and 10-Year Agreements Extend the Relationship through 2022/23 and 2023/2024

ABC and dick clark productions have extended their broadcast agreements for the "American Music Awards" for nine years and "Dick Clark's New Year's Rockin Eve with Ryan Seacrest" for ten years. This announcement comes on the heels of the recent ratings success of both specials. The 2013 "American Music Awards" surged 39%, attracting the show's second biggest overall audience in 11 years with 13.1 million viewers. The show also spiked 86% with Teens 12-17 to score a 9-year high. "Dick Clark's New Year's Rockin' Eve with Ryan Seacrest" 2014 delivered its largest audience since 2000 attracting an average audience of 22.8 million viewers.

"We're thrilled to extend our partnership with dick clark productions," said Paul Lee. "They have been a member of our family for many years, and these specials are key to our network's success."

"We are delighted to remain at ABC, the home of many of dcp's franchise events. Both the AMA's and NYRE continue to exhibit tremendous growth year to year," said Allen Shapiro, CEO of dick clark productions. "We enjoy a tremendous relationship with ABC which has resulted in significant ratings growth in both events and trendsetting breakthroughs in our approach," commented Mike Mahan, President of dick clark productions. "We are happy the relationship between ABC and dcp will continue for many years to come"

As previously announced in October of 2013, Ryan Seacrest has extended his deal to continue to host and executive produce "Dick Clark's New Year's Rockin' Eve with Ryan Seacrest." His deal runs through 2017.

In addition to "Dick Clark's New Year's Rockin' Eve with Ryan Seacrest" and the "American Music Awards," ABC and dick clark productions will come together in 2014 to premiere the new Keshet DCP weekly singing competition "Rising Star," as well as their first time collaboration on the "2014 Billboard Music Awards."

ABOUT DICK CLARK PRODUCTIONS

dick clark productions (dcp) is the world's largest producer and proprietor of televised events. dcp produces perennial hits such as the "American Music Awards," "Golden Globe Awards," "Academy of Country Music Awards," "Hollywood Film Awards," "Billboard Music Awards," and "Dick Clark's New Year's Rockin' Eve with Ryan Seacrest." dcp also produces popular weekly television programming, including "So You Think You Can Dance," and owns one of the world's most unique and extensive entertainment archive libraries with more than 55 years of dcp's award-winning shows, historic programs, specials, performances and legendary programming. In 2014, dcp will debut "The PEOPLE MAGAZINE Awards" on NBC and joint venture Keshet DCP will premiere the weekly television series "Rising Star" on ABC. For additional information, visit www.dickclark.com.

ABOUT ABC ENTERTAINMENT GROUP

Formed in 2009, the ABC Entertainment Group, comprised of ABC Entertainment and ABC Studios, develops and produces compelling programming across all day parts for both national and international broadcast and digital platforms, as well as for national syndication. ABC Studios' current hits include "Castle," "Cougar Town" (TBS), "Criminal Minds" (CBS), "Grey's Anatomy," "Marvel's Agents of S.H.I.E.L.D.," "Nashville," "Once Upon a Time," "Perception" (TNT), "Revenge," "Scandal" and "Trophy Wife." The ABC Television Network is also home to the Emmy-winning "Modern Family" and comedy favorite "The Middle"; reality phenomenon "Shark Tank" and long-running hit "Dancing with the Stars"; "General Hospital," which just celebrated its 50th anniversary on the network, along with daytime talk shows "The View," "Katie" and "The Chew"; and late-night talk show "Jimmy Kimmel Live." The network also boasts some of television's most prestigious awards shows, including The Academy Awards�, the Country Music Awards, The American Music Awards and The Billboard Music Awards.