" The unrivaled development capabilities of its Visual Concepts and
Kush studios now will be devoted to baseball video games against all viable
platforms.

Under his leadership, SFX Basketball represents over 18% of
NBA players and SFX Baseball, over 16% of MLB players .

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I am optimistic that 2005 is going to be a banner year.

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Major League Baseball Players Association Makes Bold Move to Grow Video Game Business

"We look forward to working with Arn for many more years and value his
management ability as he oversees and grows the SFX brand.

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Beginning in
2006, Take2 will have exclusive rights among third-party publishers to develop
and market simulation, arcade and manager-style baseball video games on the
current and next-generation PlayStation, X-BOX, Nintendo , personal computer
and hand-held video game systems.

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The innovative seven-year arrangement will dramatically limit the number
of baseball video game manufacturers and ensure aggressive marketing and
promotion of baseball video games, while promoting competition in the
marketplace to drive innovation in baseball product development."
Tellem has been representing professional baseball and basketball players
since the early 1980's and currently represents Nomar Garciaparra, Pau Gasol ,
Jason Giambi, Hideki Matsui, Tracy McGrady, Mike Mussina, Jermaine O'Neal, and
Reggie Miller .

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Tellem,
who is known globally as one of the most successful dealmakers in sports, and
who has led SFX Basketball and SFX Baseball to unparalleled success, has been
integral part of SFX executive management since he began working with the
sports marketing giant in 1999. "He is considered one the sports
industry's most respected professionals and we are so happy that he is on our
team .

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Tellem, who will continue reporting to
Jeff Lewis, Chairman, Clear Channel Entertainment Sports , will also retain the
titles President, SFX Basketball and President, SFX Baseball."
Arn Tellem is a graduate of Haverford College and University of Michigan
Law School. He is married to Nancy Reiss Tellem, President of CBS Paramount
Network Television Entertainment and lives with their children in Los Angeles,
California.

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NEW YORK, The Major League Baseball Players
Association ("MLBPA ") today announced that it has reached an agreement in
principle to grant sweeping rights to Take2 Interactive, Inc. Terms of the
long-term, multi-year deal were not disclosed.

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SFX Sports Group Promotes Tellem

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, to develop and
publish a broad portfolio of products that are expected to drive the baseball
video game business to unprecedented heights. Baseball fans will be the big winners.
"I have enjoyed working in a profession that I love, alongside a great
team of colleagues and clients," said Tellem.

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"I am excited to take on this
new challenge and look forward to expanding the SFX brand both domestically
and internationally.

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"The
upcoming change in technology makes this the perfect time for us to implement
our plan for growing the business, and we have no doubt that Take2's proven
creativity and innovation, combined with their incredible distribution
strength and powerful commitment to baseball, will add real excitement and
depth to the video game marketplace."
The Major League Baseball Players Association is the collective bargaining
representative for all professional baseball players of the thirty Major
League Baseball teams and serves as the exclusive group licensing agent for
commercial and licensing activities involving active Major League baseball
players.

"Arn Tellem is an invaluable member of the SFX family," says Jeff Lewis,
Chairman Clear Channel Entertainment Sports.
SFX Sports Group is a global talent management and marketing agency that
represents several hundred of the world's elite professional athletes in
baseball, basketball , football, golf, tennis, soccer and Olympics.

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At the same time, manufacturers of video
game systems will have the opportunity to develop and publish baseball
simulation games for their own platforms .

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All kind of sports game, except racing, which has its own category.

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With this promotion , Tellem's duties expand to also oversee continued
development and management of SFX Sports Group brand practice groups. Tellem is a staunch
advocate of players' rights and is considered a leading expert on the NBA's
Collective Bargaining Agreement.

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On behalf of its members, it operates the Players Choice licensing
program and Players Choice Awards, which benefit the needy through the Major
League Baseball Players Trust, a charitable foundation established and run
entirely by Major League baseball players. Arn Tellem Named Chief Executive Officer SFX Sports Group

WASHINGTON, SFX Sports Group, a global talent
management and marketing agency that represents many of the world 's elite
professional athletes, announced today the promotion of Arn Tellem to Chief
Executive Officer, SFX Sports Group.

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Take2, based in New York, is the publisher of top-ranked football ,
basketball and hockey titles, as well as the top-selling video game, "Grand
Theft Auto.
"The baseball video game business has been underdeveloped for years," said
John Olshan, the MLBPA 's Category Director for Interactive Games. SFX Sports
Group, which also develops and produces a number of nationally televised
sporting events including: Legg Mason Tennis Classic; ADT Skills Challenge and
the American Century Golf Championship, offers a wide range of corporate
hospitality services , and is an independent subsidiary of Clear Channel
Entertainment, a leading producer and marketer of live entertainment and also
a leading live entertainment venue owner/operator.