##### Table of Contents





UNITED STATES SECURITIES AND
    EXCHANGE COMMISSIONWashington, D.C. 20549Form 10-K/A(Amendment
    No. 1)
  þ

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended
    December 31, 2007ORo

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934For the transition period
    from          to   Commission File
    No. 000-17436
  CKX, INC.
 (Exact Name of Registrant as
    Specified in its Charter)
  Delaware(State or other jurisdiction
    of
    incorporation or organization)

27-0118168(I.R.S. Employer
    Identification No.)   650 Madison Avenue
    New York, New York 10022 (Address of Principal
    Executive Offices and Zip Code)
  Registrants Telephone Number, Including Area Code:
    (212) 838-3100
  Securities Registered Pursuant to Section 12(b) of the
    Act: None
  Securities Registered Pursuant to Section 12(g) of the
    Act:
  Common Stock, Par Value $0.01 Per Share
  o þ
  o þ
  þ o
  Regulation S-K Form 10-K Form 10-K. o
  12b-2
  Large
    accelerated
    filer o
    Accelerated
    filer þ
    Non-accelerated
    filer o
    Smaller
    reporting
    company o (Do
    not check if a smaller reporting company)
  Rule 12b-2 o þ




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##### 





Table
    of Contents
   
 PART IIIItem 10.

Directors, Executive Officers and Corporate
    Governance


2Item 11.

Executive Compensation


5Item 12.

Security Ownership of Certain Beneficial Owners
    and Management


17Item 13.

Certain Relationships and Related Transactions,
    and Director Independence


19Item 14.

Principal Accounting Fees and Services


20PART IVEXHIBITS


21SIGNATURES


22Exhibit Index


23EX-31.1: CERTIFICATIONEX-31.2: CERTIFICATIONEX-32.1: CERTIFICATIONEX-32.2: CERTIFICATION




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##### Table of Contents



EXPLANATION
    FOR AMENDMENT
  Form 10-K/A Form 10-K Form 10-K) Form 10-K, Form 10-K Form 10-K/A Form 10-K
  Form 10-K Form 10-K/A.
  Form 10-K/A Form 10-K. Form 10-K.
 1




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##### Table of Contents



PART III  ITEM 10.
    DIRECTORS,
    EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE.  Directors
    and Executive Officers of the Company
    Name



Positions Currently Held By Directors and OfficersRobert F.X. Sillerman


60


Chief Executive Officer, Chairman of the BoardMichael G. Ferrel


59


President, Director, Member of the Office of the ChairmanMitchell J. Slater


47


Senior Executive Vice President, Chief Operating Officer,
    Director, Member of the Office of the ChairmanHoward J. Tytel


61


Senior Executive Vice President, Director of Legal and
    Governmental Affairs, Director, Member of the Office of the
    ChairmanThomas P. Benson


45


Executive Vice President, Chief Financial Officer and TreasurerSimon Fuller


47


Chief Executive Officer, 19 Entertainment Limited, Director,
    Member of the Office of the ChairmanEdwin M. Banks


45


DirectorEdward Bleier


78


DirectorJerry L. Cohen


74


DirectorCarl D. Harnick


73


DirectorJack Langer


59


DirectorJohn D. Miller


63


DirectorBruce Morrow


71


DirectorPriscilla Presley


62


Director   Robert F.X. Sillerman
  Michael G. Ferrel
  Mitchell J. Slater
 2




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##### Table of Contents



Howard J. Tytel
  Thomas P. Benson
  Simon Fuller
  Edwin M. Banks
  Edward Bleier video-on-demand.
  Jerry L. Cohen
  Carl D. Harnick
 3




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Jack Langer
  John D. Miller
  Bruce Morrow WCBS-FM
  Priscilla Presley Metro-Goldwyn-Mayer
  Section 16(a)
    Beneficial Ownership Reporting Compliance
      Audit
    Committee and Audit Committee Expert of the Company
    ® ®
 4




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Code of
    Business Conduct and Ethics
  Form 8-K,
  Stockholder
    Nominations
    ITEM 11.
    EXECUTIVE
    COMPENSATION.  EXECUTIVE
    COMPENSATION AND RELATED MATTERS
  Compensation
    Discussion and Analysis
  Compensation
    Committee
  ®
    Overview
    of Compensation Program
      
    Ensure that the interests of the Companys executives are
    aligned with those of its stockholders;
    Offer a total compensation program that is competitive with the
    compensation offered by the companies with which the Company
    competes for executive talent; 5




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
    Provide incentive to achieve financial goals and objectives,
    both in terms of financial performance; stockholder
    value; and
    Provide opportunity for reward that fosters executive retention.  Components
    of Compensation for Named Executive Officers
    Base
    Salary
      Annual
    Incentives
     6




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Long-Term
    Incentives
       7




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##### Table of Contents



American Idol
    Perquisites
    
    The Company provided a $24,000 car allowance to each of
    Messrs. Sillerman, Ferrel, Slater, Tytel and Benson and a
    $27,089 car allowance to Mr. Fuller.
    The Company paid health and insurance premiums for each of
    Messrs. Sillerman, Ferrel, Slater, Tytel and Benson in the
    amount of $23,605.
    The Company contributed $2,356 to a personal pension scheme
    maintained in the United Kingdom by Mr. Fuller on his
    behalf.
    Certain employees of the Company are permitted to provide
    services to Mr. Sillerman
    and/or
    entities he controls, provided that the Company is reimbursed
    for the fair value of such services, as determined by the
    Compensation Committee. The Compensation Committee determined
    the value of the services provided in 2007 by employees of the
    Company to Mr. Sillerman
    and/or
    entities he controls was $128,120. Mr. Sillermans
    salary for the year ended December 31, 2007 was reduced by
    such amount to compensate the Company for such services.  401(k)
    Plan
    Employment
    Agreements
   8




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##### Table of Contents



Change-in-Control.
  Form S-1. Form 10-K Form S-1/A No. 333-123995).
   9




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Form 10-QSB
  Components
    of Compensation for Divisional Management
  and/or
  and/or
    Internal
    Revenue Code Section 162(m)
   10




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##### Table of Contents



REPORT OF
    THE COMPENSATION COMMITTEE
  Regulation S-K
  Members
    of the Compensation Committee
  John D.
    Miller, Chairman
    2007
    Summary Compensation Table
    Change inPensionValueandNonqualifiedDeferredStock

Option

CompensationFiscal

Salary

Bonus

Awards

Awards

Earnings

All OtherName and Principal Position

Year

($)

($)

($)

($)

($)

Compensation

TotalRobert F.X. Sillerman


2007
(1)

$
588,505


















$
184,725
(2)

$
773,230Chairman and Chief


2006
(3)

$
558,975


















$
192,895
(4)

$
751,870Executive Officer


2005
(5)

$
515,120


















$
100,122
(6)

$
615,242Thomas P. Benson


2007


$
496,125


$
225,000














$
56,605
(7)

$
777,730Chief Financial Officer


2006


$
470,625


















$
55,395
(8)

$
526,0202005


$
412,500






















$
412,500Simon Fuller


2007
(9)

$
989,352


















$
29,445
(10)

$
1,018,797Chief Executive Officer of


2006
(9)

$
884,640


$
645,050














$
31,104
(10)

$
1,560,79419 Entertainment Limited


2005
(11)

$
718,400






















$
718,400Michael G. Ferrel


2007


$
716,625


$
275,000














$
56,605
(7)

$
1,048,230President


2006


$
679,792


















$
55,395
(8)

$
735,1872005
(12)

$
453,417






















$
453,417Mitchell J. Slater


2007


$
716,625


$
275,000














$
56,605
(7)

$
1,048,230Chief Operating Officer


2006


$
679,792


















$
55,395
(8)

$
735,1872005


$
595,833






















$
595,833Howard J. Tytel


2007


$
716,625


$
275,000














$
56,605
(7)

$
1,048,230Senior Executive Vice


2006


$
679,792


















$
55,395
(8)

$
735,187President,
    Director of Legal and


2005


$
595,833






















$
595,833Governmental Affairs     (1)
    
    The amount of $164,778 was withheld from
    Mr. Sillermans annual salary during 2007 in
    anticipation of compensating the Company for services performed
    by Company employees for Mr. Sillerman or entities he
    controls. The Compensation Committee determined that employees
    of the Company provided services for Mr. Sillerman in 2007
    valued at $128,120. This amount has been included under the
    column All Other Compensation. In February 2007, the
    Company paid Mr. Sillerman the amount of $36,658,
    representing the difference between the amount withheld and the
    value of the services provided to Mr. Sillerman during
    2007. Although this amount was paid in 2008, it is included
    under Salary above since it relates to
    Mr. Sillermans compensation for the fiscal year ended
    December 31, 2007. 11




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(2)
    
    Includes: (a) $24,000 car allowance; (b) $23,605 of
    health and dental insurance premiums paid by the Company on
    behalf of Mr. Sillerman; (c) $9,000 of matching
    contributions made by the Company to Mr. Sillermans
    account under the Companys 401(k) Plan; and
    (d) $128,120 for services provided by Company employees for
    Mr. Sillerman and/or entities he controls.(3)
    
    The amount of $155,512 was withheld from
    Mr. Sillermans annual salary during 2006 in
    anticipation of compensating the Company for services performed
    by Company employees for Mr. Sillerman or entities he
    controls. The Compensation Committee determined that employees
    of the Company provided services for Mr. Sillerman in 2006
    valued at $120,817. This amount has been included under the
    column All Other Compensation. In February 2007, the
    Company paid Mr. Sillerman the amount of $34,695,
    representing the difference between the amount withheld and the
    value of the services provided to Mr. Sillerman during
    2006. Although this amount was paid in 2007, it is included
    under Salary above since it relates to
    Mr. Sillermans compensation for the fiscal year ended
    December 31, 2006.(4)
    
    Includes: (a) $24,000 car allowance; (b) $22,595 of
    health and dental insurance premiums paid by the Company on
    behalf of Mr. Sillerman; (c) $8,800 of matching
    contributions made by the Company to Mr. Sillermans
    account under the Companys 401(k) Plan; (d) $120,817
    for services provided by Company employees for
    Mr. Sillerman and/or entities he controls; and
    (e) $16,683 for the portion of time that the drivers that
    the Company provides to Mr. Sillerman spent rendering
    non-business related services for Mr. Sillerman in 2006.(5)
    
    The amount of $137,500 was withheld from
    Mr. Sillermans annual salary during 2005 in
    anticipation of compensating the Company for services performed
    by Company employees for Mr. Sillerman or entities he
    controls. The Compensation Committee has determined that
    employees of the Company provided services for
    Mr. Sillerman in 2005 valued at $80,713. This amount has
    been included as All Other Compensation. In February
    2006, the Company paid Mr. Sillerman the amount of $56,787,
    representing the difference between the amount withheld and the
    value of the services provided to Mr. Sillerman during
    2005. Although this amount was paid in 2006, it is included
    under Salary above since it relates to
    Mr. Sillermans compensation for the fiscal year ended
    December 31, 2005.(6)
    
    Includes: (a) $80,714 for services provided by Company
    employees for Mr. Sillerman and/or entities he controls;
    and (b) $19,408 for the portion of time that the driver
    that the Company provides to Mr. Sillerman spent rendering
    non-business related services for Mr. Sillerman in 2005.(7)
    
    Includes: (a) $24,000 car allowance; (b) $23,605 of
    health and dental insurance premiums paid by the Company on
    behalf of the named executive offer; and (c) $9,000 of
    matching contributions made by the Company to the named
    executive officers account under the Companys 401(k)
    Plan.(8)
    
    Includes: (a) $24,000 car allowance; (b) $22,595 of
    health and dental insurance premiums paid by the Company on
    behalf of the named executive offer; and (c) $8,800 of
    matching contributions made by the Company to the named
    executive officers account under the Companys 401(k)
    Plan.(9)
    
    Mr. Fuller is paid in U.K. pounds sterling. The average
    exchange rates applied in 2006 and 2007 were $1.843 and $1.963,
    respectively, per U.K. pound sterling.(10)
    
    Includes a $27,089 car allowance.(11)
    
    Mr. Fuller was appointed to his position with the Company
    on March 17, 2005, the date of the Companys
    acquisition of 19 Entertainment Limited.(12)
    
    Mr. Ferrel was appointed President of the Company on
    May 19, 2005.  Compensation
    Committee Interlocks and Insider Participation in Compensation
    Decisions
   12




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Options
    Granted in Fiscal Year 2007
    Outstanding
    Equity Awards at December 31, 2007
  Option AwardsEquityIncentivePlanAwards:Number of


Number of


Number ofSecurities


Securities


SecuritiesUnderlying


Underlying


UnderlyingUnexercised


Unexercised


Unexercised


OptionOptions


Options


Unearned


Exercise


Option(#)


(#)


Options


Price


ExpirationName

Exercisable


Unexercisable


($)


($)


DateRobert F.X. Sillerman


















Thomas P. Benson


















Simon Fuller






100,000
(1)





$
12.20



7/19/2015Michael G. Ferrel


















Mitchell J. Slater


















Howard J. Tytel


















     (1)
    
    30,000 of Mr. Fullers options vest on 7/19/2008;
    30,000 vest on 7/19/2009 and 40,000 vest on 7/19/2010.  2007
    Fiscal Year Option Exercises and Stock Vested
    Pension
    Benefits
    Nonqualified
    Deferred Compensation
    Potential
    Payments upon Termination without Cause or
    Change-in-Control
   13




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Health/InsuranceName

Salary


Bonus


Benefits


TotalRobert F.X. Sillerman

$
2,149,875


$
400,000
(1)

$
23,605


$
2,573,480Thomas P. Benson

$
1,488,375


$
425,000
(1)

$
23,605


$
1,936,980Simon Fuller(2)

$
3,829,296










$
3,829,296Michael G. Ferrel

$
2,149,875


$
475,000
(1)

$
23,605


$
2,220,980Mitchell J. Slater

$
2,149,875


$
475,000
(1)

$
23,605


$
2,220,980Howard J. Tytel

$
2,149,875


$
475,000
(1)

$
23,605


$
2,220,980     (1)
    
    The bonus amount was calculated using a $225,000 bonus for
    Mr. Benson and a $275,000 bonus for Messrs. Ferrel,
    Slater and Tytel for each partial or full year remaining in such
    named executive officers employment term as these were the
    bonus amounts paid to such individuals in 2007. No bonus was
    paid to these executives for 2005 or 2006, so the minimum
    $100,000 bonus was used in the calculation for those years. The
    bonus amount for Mr. Sillerman was calculated using the
    minimum $100,000 bonus for each partial or full year remaining
    in Mr. Sillermans employment term as no bonus was
    paid for 2005, 2006 or 2007.(2)
    
    Mr. Fullers severance would be paid in U.K. pounds
    sterling. The exchange rate on December 31, 2007 was $1.997
    per U.K. pound sterling. This amount is an estimate of the
    amount that may be due to Mr. Fuller as severance under UK
    law. Mr. Fuller would have a duty to mitigate by obtaining
    substitute employment and the amount of the severance payment
    that the Company would be obligated to pay to Mr. Fuller as
    a result of a termination without cause would be reduced by the
    amount, if any, received by Mr. Fuller from alternate
    employment sources.  tax-gross
  Total


Amount of


Total(Before Tax Gross-Up


Gross-Up


(After Tax Gross-UpName

Payment)


Payment


Payment)Robert F.X. Sillerman

$
2,717,326


$
4,273,495


$
6,990,821Thomas P. Benson

$
1,921,979


$
2,899,617


$
4,821,596Michael G. Ferrel

$
2,629,187


$
3,964,917


$
6,594,105Mitchell J. Slater

$
2,599,188


$
3,918,831


$
6,518,019Howard J. Tytel

$
2,614,188


$
3,941,874


$
6,556,062      14




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Potential
    Payments upon Death or Disability
    6-month
  Compensation
    of Non-Employee Directors
     15




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Fees Earned or


StockPaid in Cash


Awards


TotalName

($)


($)(2)


($)Edwin M. Banks

$
85,125


$
38,130


$
123,255Edward Bleier

$
70,625


$
64,290


$
134,915Jerry L. Cohen(3)

$
13,250



144,532


$
157,782Carl D. Harnick

$
116,375


$
99,930
(4)

$
216,305Jack Langer

$
89,250


$
187,890
(5)

$
277,140John D. Miller

$
115,375


$
64,290


$
179,665Bruce Morrow

$
52,125


$
64,290


$
116,415     (1)
    
    Represents compensation actually paid during the year ended
    December 31, 2007, which includes compensation for the
    fourth quarter of 2006 and the first three quarters of 2007.(2)
    
    All stock awards are made in shares of Common Stock and are
    granted under the Companys 2005 Omnibus Long-Term
    Incentive Compensation Plan. In 2007, Mr. Cohen received
    9,513 shares and each of Messrs. Banks, Bleier,
    Harnick, Langer, Miller and Morrow received 3,130 shares.(3)
    
    Mr. Cohen elected to receive all his director compensation
    in shares of Common Stock.(4)
    
    Includes 2,500 shares of Common Stock that ceased to be
    subject to forfeiture on January 7, 2007 and
    2,500 shares of Common Stock that vested on June 27,
    2007. All 5,000 of such shares of restricted Common Stock were
    granted in June 2005 in consideration for services provided in
    connection with the completion of the Companys June 2005
    public offering that went beyond the normal requirements of
    serving as a director or on a committee of the board of
    directors, as well as for Mr. Harnicks commitment to
    continue to serve as chairman of the Audit Committee for a
    period of five years.(5)
    
    Includes 5,000 shares of Common Stock that ceased to be
    subject to forfeiture on January 7, 2007 and
    5,000 shares of Common Stock that vested on June 27,
    2007. All 10,000 of such shares of restricted Common Stock were
    granted in 16




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June 2005 in consideration for services provided in connection
    with the completion of the Companys June 2005 public
    offering that went beyond the normal requirements of serving as
    a director or on a committee of the board of directors, as well
    as for Mr. Langers commitment to continue to serve as
    a financial expert on the board of directors as well as Chairman
    of the Nominating and Corporate Governance Committee for a
    period of five years.  ITEM 12.
    SECURITY
    OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND
    RELATED STOCKHOLDER MATTERS.  Security
    Ownership of Certain Beneficial Owners and Management
      c/o CKX,
  SharesBeneficially


Percentage ofName and Address of Beneficial Owner

Owned


Common StockBeneficial Owners of 5% or MoreThe Huff Alternative Fund, L.P.


14,011,538
(1)


14.4
%Directors and Executive Officers:Robert F.X. Sillerman


31,864,478
(2)


32.7
%Michael G. Ferrel


2,005,141
(3)


2.1
%Mitchell J. Slater


3,090,403
(4)


3.2
%Howard J. Tytel


2,665,494
(5)


2.7
%Simon Fuller


3,199,132
(6)


3.3
%Thomas P. Benson


1,390,780



1.4
%Edwin M. Banks


5,013
(7)


*Edward Bleier


16,636
(8)


*Jerry L. Cohen


24,173
(9)


*Carl D. Harnick


39,636
(10)


*Jack Langer


64,636
(11)


*John D. Miller


314,636
(12)


*Bruce Morrow


164,636
(13)


*Priscilla Presley


6,000



*All directors and executive officers as a group (14 individuals)


44,850,794



46.0
%     *
    
    Represents less than 1%.(1)
    
    Includes shares of common stock owned of record by an affiliated
    limited partnership of The Huff Alternative Fund, L.P. William
    R. Huff possesses the sole power to vote and dispose of all
    securities of CKX held by these two Huff entities, subject to
    certain internal compliance procedures. 17




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(2)
    
    Includes (i) 26,816,269 shares of common stock owned
    of record by Mr. Sillerman, (ii) 1,000,000 shares
    of common stock owned of record by Laura Baudo Sillerman,
    Mr. Sillermans spouse; and
    (iii) 2,556,392 shares of common stock owned of record
    by Sillerman Capital Holdings, L.P., a limited partnership
    controlled by Mr. Sillerman through a trust for the benefit
    of Mr. Sillermans descendants; and
    (iv) 1,491,817 shares of common stock issuable upon
    conversion of 1,491,817 shares of Series B Convertible
    Preferred Stock of CKX, Inc. that are subject to an option
    agreement entered into by 19X, Inc., a Delaware corporation
    owned by Messrs. Sillerman and Fuller, and The Promenade
    Trust.(3)
    
    Includes: (i) 1,814,112 shares of common stock owned
    of record by Mr. Ferrel; and (ii) 191,029 shares
    of common stock owned of record by the Ferrel Childrens Trust
    f/b/o Mary R. Ferrel.(4)
    
    Includes: (i) 2,591,968 shares of common stock owned
    of record by Mr. Slater; and (ii) 498,435 shares
    of common stock owned of record by Mitchell J. Slater 2004 GRAT.(5)
    
    Includes: (i) 2,126,232 shares of common stock owned
    of record by Mr. Tytel and Sandra Tytel,
    Mr. Tytels spouse, as tenants in common with rights
    of survivorship; (ii) 419,262 shares of common stock
    owned of record by the Sandra Tytel 1998 Trust for the benefit
    of Jennifer Tytel; and (iii) 120,000 shares of Common
    stock owned by the Tytel Family Foundation. 302,044 of the
    shares of Common stock held by Mr. Tytel and Sandra Tytel,
    as tenants in common, are pledged to an investment bank as
    security for a margin loan account.(6)
    
    Includes 1,507,315 shares of common stock issued in
    connection with our acquisition of 19 Entertainment Limited,
    200,000 shares of restricted common stock issued pursuant
    to our 2005 Omnibus Long-Term Incentive Compensation Plan, and
    1,491,817 shares of common stock issuable upon conversion
    of 1,491,817 shares of Series B Convertible Preferred
    Stock of CKX, Inc. that are subject to an option agreement
    entered into by 19X, Inc., a Delaware corporation owned by
    Messrs. Sillerman and Fuller, and The Promenade Trust.(7)
    
    Issued pursuant to our 2005 Omnibus Long-Term Incentive
    Compensation Plan.(8)
    
    Includes 14,636 shares of restricted common stock issued
    pursuant to our 2005 Omnibus Long-Term Incentive Compensation
    Plan and 2,000 shares of common stock purchased on the open
    market.(9)
    
    Issued pursuant to our 2005 Omnibus Long-Term Incentive
    Compensation Plan. Mr. Cohen has elected to received all of
    his director compensation in shares of common stock.(10)
    
    Includes: (i) 14,636 shares of restricted common stock
    issued pursuant to our 2005 Omnibus Long-Term Incentive
    Compensation Plan; and (ii) 25,000 shares of
    restricted common stock granted in June 2005 in consideration
    for services provided in connection with the completion of our
    June 2005 public offering that went beyond the normal
    requirements of serving as a director or on a committee of the
    board of directors, as well as for Mr. Harnicks
    commitment to continue to serve as chairman of the Audit
    Committee for a period of five years. One half of the shares
    received by Mr. Harnick are subject to restrictions which
    lapse ratably over five years, beginning on the first
    anniversary of the date of the grant, and the remaining shares
    are subject to forfeiture, on a pro rata basis, in the event
    Mr. Harnick voluntarily resigns his position prior to the
    expiration of the five-year term. Of the 25,000 shares
    granted in June 2005, 15,000 remain subject to restrictions or
    forfeiture.(11)
    
    Includes: (i) 14,636 shares of restricted common stock
    issued pursuant to our 2005 Omnibus Long-Term Incentive
    Compensation Plan; and (ii) 50,000 shares of
    restricted common stock granted in June 2005 in consideration
    for services provided in connection with the completion of the
    our public offering that went beyond the normal requirements of
    serving as a director or on a committee of the board of
    directors, as well as for Mr. Langers commitment to
    continue to serve as a financial expert on the board of
    directors and chairman of the Nominating and Corporate
    Governance Committee for a period of five years. One half of the
    shares received by Mr. Langer are subject to restrictions
    which lapse ratably over five years, beginning on the first
    anniversary of the date of the grant, and the remaining shares
    are subject to forfeiture, on a pro rata basis, in the event
    Mr. Langer voluntarily resigns his position prior to the
    expiration of the five-year term. Of the 50,000 shares
    granted in June 2005, 30,000 remain subject to restrictions or
    forfeiture.(12)
    
    Includes: (i) 14,636 shares of restricted common stock
    issued pursuant to our 2005 Omnibus Long-Term Incentive
    Compensation Plan; and (ii) 300,000 shares of common
    stock acquired by Mr. Miller in connection with his
    ownership of membership interests in RFX Acquisition LLC. 18




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##### Table of Contents



(13)
    
    Includes: (i) 14,636 shares of restricted common stock
    issued pursuant to our 2005 Omnibus Long-Term Incentive
    Compensation Plan; and (ii) 150,000 shares of common
    stock acquired by Mr. Morrow in connection with his
    ownership of membership interests in RFX Acquisition LLC.  Changes
    in Control
  Form 10-K
  Securities
    Authorized for Issuance Under Equity Compensation
    Plans
    (a)Number of


(b)Securities to be


Weighted-Average


(c)Issued Upon


Exercise Price of


Number ofExercise of


Outstanding


SecuritiesOutstanding


Options,


RemainingOptions, Warrants


Warrants and


Available forPlan Category

and Rights


Rights


Future Issuance(#)


($)


(#)Equity compensation plans approved by security holders


508,500



12.64



3,242,706Equity compensation plans not approved by security holders










   Item 11. Executive
    Compensation  Components of Compensation for Named
    Executive Officers
  ITEM 13.
    CERTAIN
    RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR
    INDEPENDENCE.  Certain
    Relationships and Related Transactions
  and/or and/or and/or
  Form 10-K
 19




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##### Table of Contents



Director
    Independence
  ®
  ITEM 14.
    PRINCIPAL
    ACCOUNTING FEES AND SERVICES.  Audit,
    Audit-Related, Tax and All Other Fees
    2007


2006Audit Fees(1)

$
3,464,496


$
3,194,176Audit-Related Fees(2)






713,650Tax Fees(3)


188,231



250,668All Other Fees(4)






85,645Total

$
3,652,727


$
4,244,139     (1)
    
    Audit fees in 2007 include $950,889 related to work associated
    with the Companys investment in FX Real Estate and
    Entertainment and the Companys pending merger transaction
    with 19X, Inc.(2)
    
    Audit-related fees in 2006 principally related to audits of the
    historical financial statements of acquired companies and
    acquisition targets.(3)
    
    Tax fees related to tax compliance, advice and planning.(4)
    
    All other fees in 2006 principally related to certain
    Sarbanes-Oxley facilitation services.  Audit
    Committee Pre-Approval of Services Provided by the Independent
    Public Accountant
   20




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##### Table of Contents



PART IV EXHIBITS  Form 10-K/A.
  31
.1

Certification of Chief Executive Officer pursuant to Rule
    13a-14(a) of the Securities Exchange Act, as amended.31
.2

Certification of Chief Financial Officer pursuant to Rule
    13a-14(a) of the Securities Exchange Act, as amended.32
.1

Certification of Chief Executive Officer pursuant to
    18 U.S.C. Section 1350, as adopted pursuant to Section 906
    of the Sarbanes-Oxley Act of 2002.32
.2

Certification of Chief Financial Officer pursuant to
    18 U.S.C. Section 1350, as adopted pursuant to Section 906
    of the Sarbanes-Oxley Act of 2002.  21




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##### Table of Contents



SIGNATURES    CKX,
    INC.
  By:

/s/  ROBERT
    F.X. SILLERMAN

April 29, 2008Robert F.X. Sillerman
    Chief Executive Officer and Chairman of the BoardBy:

/s/  THOMAS
    P. BENSON

April 29, 2008Thomas P. Benson
    Chief Financial Officer, Executive Vice President and Treasurer  22




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##### Table of Contents



EXHIBIT INDEX  Number

Exhibit Title31
.1

Certification of Chief Executive Officer pursuant to Rule
    13a-14(a) of the Securities Exchange Act, as amended.31
.2

Certification of Chief Financial Officer pursuant to Rule
    13a-14(a) of the Securities Exchange Act, as amended.32
.1

Certification of Chief Executive Officer pursuant to
    18 U.S.C. Section 1350, as adopted pursuant to Section 906
    of the Sarbanes-Oxley Act of 2002.32
.2

Certification of Chief Financial Officer pursuant to
    18 U.S.C. Section 1350, as adopted pursuant to Section 906
    of the Sarbanes-Oxley Act of 2002.