Ryan Seacrest and his radio show partner Clear Channel Communications are taking their relationship to the next level, they are getting serious!
Clear Channel will give Ryan $300 million to acquire and develop propeties with Ryan Seacrest Media, the producer and television and radio personality's holding company, but Clear Channel is also taking a minority stake in Seacrest's production company.
'We aim to build Ryan Seacrest Media into a leading multimedia company with diversified assets and interests,' Seacrest said in a statement.
Already the host of a radio show that airs on Clear Channel stations, Seacrest also hosts Fox's 'American Idol and has a growing television production company whose credits include E!'s 'Keeping Up with the Kardashians' and ABC's 'Jamie Oliver's Food Revolution.'.