Yes, it does. This is one of my favorite songs ever.
ETA: This is the grand-daddy of all songs that name other songs/singers.
In fact, here is a list of names in the song>
B. Bumble and the Stingers
Mott the Hoople
Ray Charles Singers
Lonnie Mack
Twangin' Eddy
"Take It Easy"
"Liar, Liar"
"The Loco-Motion"
Poco
Deep Purple
"(I Can't Get No) Satisfaction"
Sam Cooke
Lesley Gore
Ritchie Valens
End of Story (band)
Mahavishnu Orchestra
Fuji (guitars)
Yamaha
Kama Sutra
"Rama Lama Ding Dong"
Richard Perry
Phil Spector
Jeff Barry
Righteous Brothers
The Archies
Harry Nilsson
"Shimmy, Shimmy, Ko Ko Bop"
Fats Is Back
"Finger Poppin' Time"
Brenda & the Tabulations
Carly Simon
Rolling Stone Magazine
Johnny Cash
Johnny Rivers
Mungo Jerry
Peter, Paul and Mary
Dr. John
Doris Day
Jack the Ripper
Leon Russell
"Gimme Shelter"
Smokey Robinson and the Miracles
Slide guitar
Fender bass
Bonnie Bramlett
Wilson Pickett
Arthur Janov
Screamin' Jay Hawkins
Dale Hawkins
Ronnie Hawkins
Kukla, Fran and Ollie
Norman, Oklahoma
John Denver
Donny Osmond
J. J. Cale
ZZ Top
L.L. Bean
"Dede Dinah"
David Bowie
Steely Dan
"CC Rider"
Edgar Winter
Joanie Sommers
Ides of March
Johnny Thunders
Eric Clapton
Wah-wah pedal
Stephen Foster
"Camptown Races"
"Good Vibrations"
"Help Me Rhonda"
"Surfer Girl"
"Little Honda"
"Tighter Tighter"
"Honey, Honey"
"Sugar, Sugar"
"Yummy Yummy Yummy"
CBS
Warner Bros. Records
RCA
"Remember (Walking in the Sand)"
Alan Freed
Murray the K
Fish (dance)
The Swim (dance)
"The Boston Monkey"
Freddie King
Albert King
B. B. King
Felix Pappalardi
Randy Newman
Anni-Frid Lyngstad
Aretha
Tito Puente
Boffalongo
Cuba
War
California
Beatlemania
New York City
Transylvania
S&G
Bobby Vee
SRO
Conway Twitty
"Do Wah Diddy Diddy"
Performed as medley or spoken over the fade-out:
"Baby I Need Your Loving"
"Uptight (Everything's Alright)"
"Celebrate"
"I Want to Take You Higher"