Hall of Fame Record Executive Clive Davis, who is credited with launching the careers of Bruce Springsteen, Janis Joplin, Santana, Whitney Houston, Barry Manilow, Alicia Keys and many others, just dropped a bombshell on the Katie Couric show when he announced that he's bi-sexual and in a monogamous relationship with a man.

The divorced 80-year old father of four is making the news and talk show circuit promoting his new autobiography "The Soundtrack of My Life" which would explain why he's making this revelation.