CKX, Inc. Files Shelf Registration Statement On Behalf Of Huff Funds In Accordance with Previously Disclosed Terms.

NEW YORK -- CKX, Inc. (NASDAQ: CKXE) today announced the filing of a shelf registration statement on Form S-3 with the Securities and Exchange Commission on behalf of The Huff Alternative Fund, L.P. and the Huff Alternative Parallel Fund, L.P. The registration statement was required to be filed by CKX in accordance with previously disclosed agreements entered into at the time of the Huff funds' initial investment with CKX. None of the shares covered by the registration statement are being sold by CKX or any member of CKX management.

Once the registration statement has been declared effective by the Securities and Exchange Commission, the Huff funds will be able to sell certain of their shares of CKX common stock subject to previously disclosed volume limitations.

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission, but has not yet become effective. These securities may not be sold, nor offers be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration, or qualification, under the securities laws of any such state.

About CKX

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 series in the United States and local adaptations of the IDOLS television show format which, collectively, air in over 100 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.

This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, acquisitions of dispositions of business assets, and the potential impact of future decisions by management that may result in merger and restructuring charges, as well as the potential impact of any future impairment charges to goodwill or other intangible assets. More detailed information about these factors may be found in filings by CKX, Inc. with the Securities and Exchange Commission. CKX, Inc. is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.