The W
Views: 99342652
Main | FAQ | Search: Y! / G | Color chart | Log in for more!
30.9.07 0917
The 7 - Music - Lisa Marie sells off Elvis Estate Register and log in to post!
(556 newer) Next thread | Previous thread
User
Post (5 total)
StaggerLee
Scrapple
Level: 140

Posts: 2223/6309
EXP: 33163639
For next: 122848

Since: 3.10.02
From: Right side of the tracks

Since last post: 10 hours
Last activity: 2 hours
#1 Posted on 17.12.04 0839.59
Reposted on: 17.12.11 0840.12
http://apnews.myway.com/article/20041217/D8714BDG0.html



    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
Bratwurst
Level: 70

Posts: 192/1331
EXP: 3012954
For next: 2872

Since: 16.3.04
From: Albuquerque, NM

Since last post: 25 days
Last activity: 9 hours
AIM:  
Y!:
#2 Posted on 17.12.04 0930.44
Reposted on: 17.12.11 0930.52
I guess the singing career didn't pan out.
too-old-now
Bockwurst
Level: 48

Posts: 155/545
EXP: 796460
For next: 27088

Since: 7.1.04

Since last post: 1275 days
Last activity: 200 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
Scrapple
Level: 146

Posts: 3467/6727
EXP: 37632839
For next: 880547

Since: 4.1.02
From: Dorchester, Ontario

Since last post: 5 days
Last activity: 11 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: 76

Posts: 643/1494
EXP: 3916297
For next: 89782

Since: 25.2.02

Since last post: 17 days
Last activity: 16 hours
#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...
ALL ORIGINAL POSTS IN THIS THREAD ARE NOW AVAILABLE
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?
(556 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

ZimBoard
©2001-2014 Brothers Zim
This old hunk of junk rendered your page in 0.192 seconds.