CKX and Simon Fuller Agree to a New Creative Deal: Simon Fuller Sets Up New Entertainment Company

NEW YORK, January 14 - CKX, Inc. (Nasdaq: CKXE) announced today that Simon Fuller, founder and
CEO of 19 Entertainment, and the Company have agreed to a long term deal to
ensure that the American Idol creator and executive producer continues to
executive produce and provide overall global executive direction to CKX's hit
television shows, "American Idol" and "So You Think You Can Dance" and the
new online led property "If I Can Dream," in return for a share of profits.
In addition, Mr. Fuller is launching a new entertainment company in which CKX
can invest. As part of this transaction Mr. Fuller will also provide general
consulting services to CKX.

Robert F.X. Sillerman, Chairman and Chief Executive Officer of CKX said,
"I am thrilled with this new arrangement with Simon. He is truly one of the
most creative geniuses in the entertainment industry today. This new
arrangement guarantees that Simon and CKX will be working together for many,
many years to come. I'm also delighted that going forward Simon will be free
to focus his creative energy on developing new ideas and projects and that
CKX has the opportunity to invest in his new business."

Simon Fuller said, "It has been an absolute pleasure over the past five
years to have worked so closely with Bob. I feel honored to have learned so
much from one of the world's truly great business brains. This is the
beginning of another important chapter in my life. As an entrepreneur I feel
I am about to enter my prime years and starting a new entertainment company
at this moment fills me with great excitement. Since its acquisition by CKX,
19 has achieved extraordinary success and I am delighted to be able to
continue my relationship with Bob, the CKX team and all the properties that I
have created."

About CKX, Inc.

CKX, Inc. is engaged in the ownership, development and commercial
utilization of entertainment content. To date, the Company has focused on
acquiring globally recognized entertainment content and related assets,
including the rights to the name, image and likeness of Elvis Presley, the
operations of Graceland, the rights to the name, image and likeness of
Muhammad Ali and proprietary rights to the IDOLS television brand, including
the American Idol series in the United States and local adaptations of the
IDOLS television show format which, collectively, air in more than 100
countries. For more information about CKX, Inc., visit its corporate website
at www.ckx.com.

About 19 Entertainment

19 Entertainment, a division of CKX, is one of the most successful
entertainment organizations in the world having created and produced hit
television properties including American Idol and So You Think You Can Dance,
and with its relationships and partnerships with some of the biggest names in
sports, music and fashion, including David Beckham, Victoria Beckham, Carrie
Underwood, Kelly Clarkson, Chris Daughtry, Roland Mouret and the recently
added tennis superstar, Andy Murray.

    Media Contacts:
    CKX
    Ed Tagliaferri
    +1-212-981-5182

    19 Entertainment
    Kelly Mullens
    +1-310-227-4408
    kkmullens@42west.net

Ed Tagliaferri of CKX, Inc., +1-212-981-5182; or Kelly Mullens, +1-310-227-4408, kkmullens at 42west.net, for 19 Entertainment