Best Buy, Clear Channel Gaming Auction Raises $470,000 for Toys for Teens

Clear Channel Radio and Best Buy today announced that online and on-air auctions of PlayStation 3 and Nintendo Wii1 gaming consoles raised $470,000 for Toys for Teens, a program of the Marine Toys for Tots Foundation. All dollars raised by the auction will go directly to Toys for Teens, which provides age-appropriate holiday gifts for teenagers in need across the U.S. "We’d like to thank all the consumers who logged on and tuned in to Clear Channel Radio’s stations to bid on a PlayStation 3 or Nintendo Wii,” said Maj. William Grein, vice president, marketing and development, Marine Toys for Tots Foundation. "The generosity of the auction bidders will bring a tremendous amount of joy to kids ages 12 through 15.” Through station Web sites and on-air promotions, more than 1,100 Clear Channel Radio stations auctioned a total of 739 PlayStation 3s and Nintendo Wiis gaming consoles between Dec. 12 and Dec. 23. The auction drew more than 3,900 registered online auction bidders and more than 5,000 online bids, resulting in 314,000 page views on the auction Web site. Additionally, the on-air auction drew tremendous bid prices, including $3,100 for a PlayStation 3 from a WMGF-FM listener in Orlando, Florida and $3,000 for a Nintendo Wii from a KSAS-FM listener in Boise, ID. Clear Channel Radio leveraged its comprehensive Internet auction tools, broad on-line reach and strong connection with local radio listeners to drive the auction's success. "In the six years since Best Buy and the Marine Toys for Tots Foundation created Toys for Teens, we’ve helped ensure that hundreds of thousands of disadvantaged teens receive gifts during the holidays,” said Paula Prahl, vice president, public affairs, Best Buy. "We’re delighted by the additional dollars this auction raised for this worthy cause.” "Our local station managers and online team created a customized auction program that utilized the vast reach of our stations’ on-air and online connection with listeners to generate tremendous results for Toys for Teens,” said Sanda Coyle, senior vice president, strategic marketing for Clear Channel Radio. "Clear Channel Radio would like to thank its listeners for their generosity in helping to raise money for Toys for Teens and bring cheer to disadvantaged teens in local communities around the country.” About Clear Channel Radio Clear Channel Radio is a leading radio company focused on serving local communities across the U.S. with more than 110 million listeners choosing Clear Channel Radio programming each week. The company's content can be heard on AM/FM stations, HD digital radio channels, on the Internet, via iPods, through Motorola's iRadio cell-phone service, and via mobile-navigation devices from Cobra, Garmin, Kenwood and others. The company's operations include radio broadcasting, syndication and independent media representation. Clear Channel Radio is a division of Clear Channel Communications, Inc. (NYSE:CCU), a leading global media and entertainment company. More information on the company can be found at www.clearchannel.com. About Best Buy Co., Inc. Best Buy Co., Inc. (NYSE: BBY) is an innovative Fortune 100 growth company that continually strives to create superior customer experiences. Through more than 1,100 retail stores across the United States, Canada and in China, our employees connect customers with technology and entertainment products and services that make life easier and more fun. We sell consumer electronics, home-office products, entertainment software, appliances and related services. A Minneapolis-based company, our operations include: Best Buy (BestBuy.com and BestBuy.ca), Future Shop (FutureShop.ca), Geek Squad (GeekSquad.com and GeekSquad.ca), Pacific Sales Kitchen and Bath Centers (PacificSales.com), Magnolia Audio Video (Magnoliaav.com) and Jiangsu Five Star Appliance Co. (Five-Star.cn). We support our communities through employee volunteerism and grants from The Best Buy Children's Foundation. About Marine Toys for Tots Foundation Marine Toys for Tots Foundation, an IRS recognized 501(C)(3) not-for-profit public charity is the fund raising, funding and support organization for the U.S. Marine Corps Reserve Toys for Tots Program. The Foundation was created at the behest of the U.S. Marine Corps and provides support in accordance with a Memorandum of Understanding with the Commander, Marine Forces Reserve, who directs the U.S. Marine Corps Reserve Toys for Tots Program. The Foundation has supported Toys for Tots since 1991. (1) Neither Sony nor Nintendo are endorsing, sponsoring, or otherwise affiliated with this promotion.