CKX, Inc. Added to Russell 1000(R) Index.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- CKX, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CKXE) today announced that it was added to the Russell 1000(R) Index, the Russell 2500(TM) Index, the Russell Midcap(R) Index, the Russell Midcap(R) Growth Index, the Russell Small Cap Completeness(TM) Index and the Russell Small Cap Completeness(TM) Growth Index, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the final membership lists released by the Russell Investment Group Russell Investment Group is an investment firm with global reach, providing investment products and services to individuals and institutions in 44 countries. A pioneer in multi-manager investing, and the creator of Russell Indexes, Russell manages more than US$200 billion in assets on July 1, 2005. The Russell 1000(R) Index measures the performance of the 1,000 largest companies in the Russell 3000(R) Index and is constructed to provide a comprehensive and unbiased barometer for the large-cap segment of the U.S. equity market. "This is an important achievement for CKX at this early stage in our development and reflects the fact that investors are interested in our growth strategy and accomplishments to date," said Robert F.X. Sillerman Robert F X Sillerman (born New York in 1949) is a wealthy American businessman who made his fortune through building and selling companies in the media industry. He was once on the Forbes 400 list. Biography Sillerman grew up in the Riverdale section of the Bronx. , Chairman and Chief Executive Officer of CKX. "We believe that being a member of the Russell indexes Russell Indexes US equity index widely used by pension and mutual fund investors that are weighted by market capitalization and published by the Frank Russell Company of Tacoma, Washington. will increase our visibility to the investment community and facilitate greater fund interest in our stock." CKX recently raised $253.0 million in a public stock offering and was added to the Russell 3000 Index The Russell 3000 Index is a stock market index of US stocks. The ticker is "RUA" or similar. See Russell Indexes page for main discussion. See also the iShares Russell 3000. (R) in June 2005. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. More than $2.5 trillion in assets currently are benchmarked to them. Investment managers who oversee these funds purchase shares of member stocks according to that company's weighting in the particular index. The Russell 1000(R) Index offers investors access to the extensive large-cap segment of the U.S. equity universe representing approximately 92% of the U.S. market. About CKX, Inc. CKX, Inc. is engaged in the ownership, development and commercial utilization of entertainment content. To date, we have 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 and proprietary rights to the IDOLS television brand, including the American Idol American Idol is an annual American televised singing competition, which began its first season on June 11, 2002. Part of the Idol franchise, it originated from the British reality program Pop Idol. series in the United States, the Pop Idol series in the United Kingdom and local adaptations of the IDOLS television show format which, collectively, air in over 30 countries around the world. We plan to continue to make strategic acquisitions of, or partner or align with, companies or individuals that control various forms of established entertainment content, which may include intellectual property rights in music, film, television programming, written works and characters, rights to names, images and likenesses, video games, corporate brands and other related assets For more information about CKX, Inc., visit our corporate website at www.ckx.com. |
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