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Music industry executive Clive Davis revealed during an interview with Katie Couric that after a failed marriage in the 80’s he discovered that he was bisexual.

Why would an 80-year-old business mogul speak out now? The music veteran has a book that is set to launch today. ‘The Soundtrack of My Life,’ released by Simon & Schuster will cover his five decades in the business with shared snippets of a decidedly personal nature.

Davis revealed that after the breakup of his marriage, “I opened myself up to the possibility that I could have a relationship with a man as well as the two that I had with a woman. I’m also attracted to women. You don’t have to be only one thing or another. For me, it’s the person.”

The father of four told Couric that he is currently “in a monogamous relationship.”

You can catch the entire interview Tuesday, Feb 19, on the ABC syndicated talk show ‘Katie.’

Check out a clip from the interview below: