SBD/2/Finance

TELLEM ABOUT IT: WILL ARN AND FLEISHER FOLLOW FALK'S LEAD?

          Agents Arn Tellem and Eric Fleisher "are negotiating
     the sale of their businesses" to Magicworks Entertainment
     Inc., a Miami-based concert and event promoter, according to
     sources of Josh Gotthelf of SPORTSBUSINESS JOURNAL.  It has
     been reported that Fleisher would receive $25M for his
     business alone, but a source "close to the negotiations"
     said that price "would be for both agencies."  Tellem,
     Fleisher and Magicworks spokesperson Frank Hawkins all
     declined to comment.  One source familiar with the talks
     said that while there are still "significant issues" to be
     resolved, if a deal is reached, both Tellem and Fleisher
     "would stay on to run Magicworks' new sports division"
     (SPORTSBUSINESS JOURNAL, 6/1 issue).

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