The W
Views: 117311567
Main | FAQ | Search: Y! / G | Color chart | Log in for more!
28.10.09 1448
The 7 - Music - Lisa Marie sells off Elvis Estate Register and log in to post!
(975 newer) Next thread | Previous thread
Post (5 total)
Level: 148

Posts: 2223/6813
EXP: 40312828
For next: 65930

Since: 3.10.02
From: Right side of the tracks

Since last post: 1 day
Last activity: 1 day
#1 Posted on 17.12.04 0839.59
Reposted on: 17.12.11 0840.12

    MEMPHIS, Tenn. (AP) - Lisa Marie Presley is keeping Graceland but selling the bulk of the Elvis estate, including rights to her father's name and image, in a deal worth approximately $100 million.

    Elvis Presley Enterprises Inc. announced an agreement Thursday to sell 85 percent of its assets to businessman Robert F.X. Sillerman, founder of music and sports promoter SFX Entertainment.

    The Presley estate brought in almost $45 million last year. Sillerman said more aggressive marketing, supported by capital raised through a new publicly traded company, can make Elvis an even bigger earner.

Now, if you can make even HALF of the $45million they made last year, in four years, its already a great deal. Dont understand why she would sell off the rights to everything.
Promote this thread!
Packman V2
Level: 74

Posts: 192/1402
EXP: 3563954
For next: 89607

Since: 16.3.04
From: Albuquerque, NM

Since last post: 1 day
Last activity: 2 hours
#2 Posted on 17.12.04 0930.44
Reposted on: 17.12.11 0930.52
I guess the singing career didn't pan out.
Level: 49

Posts: 155/545
EXP: 870202
For next: 13687

Since: 7.1.04

Since last post: 2035 days
Last activity: 960 days
#3 Posted on 20.12.04 1625.33
Reposted on: 20.12.11 1625.44
I wouldn't think Lisa Marie is trying to raise cash to help out her ex-husband Michael Jackson, would she?
Big Bad
Level: 151

Posts: 3467/6996
EXP: 43046276
For next: 250300

Since: 4.1.02
From: Dorchester, Ontario

Since last post: 14 days
Last activity: 14 hours
#4 Posted on 21.12.04 0355.16
Reposted on: 21.12.11 0355.19
Man, I love corporate-speak. Yeah, it really takes a lot of "aggressive marketing" to promote freakin' ELVIS. Barring another greatest hits album or a return of the Honky Tonk Man, I don't see what SFX can do.
Mr Heel II
Lap cheong
Level: 79

Posts: 643/1551
EXP: 4471404
For next: 108083

Since: 25.2.02

Since last post: 126 days
Last activity: 18 days
#5 Posted on 23.12.04 1238.32
Reposted on: 23.12.11 1239.09
    Originally posted by StaggerLee
    Now, if you can make even HALF of the $45million they made last year, in four years, its already a great deal.
TOO great a deal. They got a bargain.

I bet we see a license for an Elvis video game in the next year or two...
Thread ahead: Erasure... good news and bad news!
Next thread: FEELY TOP FORTY-week of 12/27/04
Previous thread: Janis Joplin: Have we forgotten?
(975 newer) Next thread | Previous thread
The 7 - Music - Lisa Marie sells off Elvis EstateRegister and log in to post!

The W™ message board - 7 year recycle

©2001-2015 Brothers Zim
This old hunk of junk rendered your page in 0.247 seconds.