Video: Clive Davis Gives 'Extra' the Scoop on his Pre-Grammy Bash

Sitting beside singer Jennifer Hudson, record mogul Clive Davis gave "Extra" the lowdown on his pre-Grammy celebration set for Saturday night.

The music legend dropped a few A-list names of stars who will be in attendance that night, including Mary J. Blige, Magic Johnson and Whitney Houston. "The audience is from people I know. It's a diverse audience with a shared passion -- and that is music."

The party will open with an as yet unnamed alternative rock group band, who Davis feels is "innovative and fresh." Clive also went on to say he believes Janelle Monae is the best new artist of the year.

See what else Davis has to say about his special night!