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To: JakeStraw who wrote (19290)	3/15/2000 10:24:00 AM
From: SIer formerly known as Joe B.	Respond to of 49843

Wednesday March 15, 9:33 am Eastern Time Company Press Release SFX Entertainment Announces Formation of a Music Memorabilia Unit biz.yahoo.com SFX Collectibles to Sell Online Unique, One-of-a-kind Items From Bill Graham Presents - One of the World's Largest Music Memorabilia Collections NEW YORK--(BUSINESS WIRE)--March 15, 2000-- SFX Entertainment (NYSE: SFX - news) today announced the launch of SFX Collectibles, a unit of Bill Graham Presents. A selection of items from Bill Graham Presents - the world's premier collection of original poster-related rock, blues, jazz and soul music memorabilia - is available to purchase on SFX Collectibles brand-new web site, at www.sfx.com/collectibiles Bill Graham Presents is a division of SFX Entertainment. In addition, SFX Collectibles' online store will feature its own personalized merchant auction site through Yahoo! Auctions (http://auctions.yahoo.com). This relationship will supplement the online store at the SFX web site and will feature some of the most rare pieces from the Bill Graham Presents Archives. ``SFX Collectibles is in the enviable position of having the most sought after archives of live entertainment memorabilia,' said Michael L. Krassner, President, SFX Collectibles. ``Music enthusiasts and collectors will be thrilled with the vast array of rare posters, tickets and other items from 1966 - 1971, some of which will be offered for the first time ever.' The origins and evolution of the concert poster as a collectible stemmed from the need to create an inexpensive promotional device. What was envisioned as a cheap way to announce a performer's concert was coming to town spawned a secondary industry that is still growing today. The market for such collectibles is so strong that the framed, original mint condition tickets and poster for the famous Jimi Hendrix Flying Eyeball design sell for $3,500 - $4,000. The products that will be sold on SFX Collectibles will include multiple items, such as tickets, posters, postcards and concert programs that will be framed in combinations (for example, tickets with postcards or poster, ticket and postcards) that are not generally available elsewhere. Prices will be from $100 - $5,000. In the coming weeks, SFX Collectibles will have a more detailed listing of items for sale on the site. Items will include posters, postcards and tickets from such music legends as Jimi Hendrix, Muddy Waters, Cream, Donovan, The Grateful Dead, Steve Miller and Miles Davis. SFX Entertainment is the world's largest diversified promoter, producer and presenter of live entertainment events. SFX currently owns and/or operates 120 live entertainment venues in 31 of the top 50 US markets, including 16 amphitheaters in the top 10 markets. In 1999, more than 60 million people attended approximately 26,000 events promoted and/or produced by SFX, including more than 7,000 music concerts, 13,300 theatrical shows, 1,400 family entertainment shows and 520 specialized sports shows. SFX produces and promotes live music events, as well as develops and manages touring Broadway shows in 55 markets. SFX is also a leading fully integrated sports marketing and management company specializing in the representation of athletes and broadcasters, integrated event management, television programming/production and marketing consulting services in sports, news and other entertainment industries. Additionally, SFX Sports produces and promotes specialized motor sports events. SFX recently announced that it had entered into a definitive merger agreement with Clear Channel Communications, Inc. (NYSE: CCU - news), a transaction that is expected to close by the third quarter of this year, subject to the vote of shareholders, and customary regulatory approvals and closing conditions. Clear Channel is a global leader in the out-of-home advertising industry with radio and television stations and outdoor displays in 36 countries around the world.