Video! Clive Davis on His Best Friend, Whitney Houston

Music mogul Clive Davis has been throwing his over-the-top, pre-Grammy bash for 35 years now -- but last night's soiree was unlike any other, coming right on the heels of Whitney Houston's tragic death.

Davis almost cancelled the party but decided Whitney would have wanted the music to go on. While hundreds of fans began to gather for a candlelight vigil outside the Beverly Hilton, Davis took the podium to remember the woman who was not only his greatest discovery, but one of his very best friends.

Take a look.