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December 19th, 2004, 10:50 AM
#1
Inactive Member
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December 19th, 2004, 08:37 PM
#2
Inactive Member
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December 19th, 2004, 08:51 PM
#3
HB Forum Owner
It?s Huge, Man! Lisa Marie Sells Elvis
Industry News, Scoop, Friday, December 17, 2004
We're all shook up. Lisa Marie Presley may be keeping Graceland, but the King's daughter is selling the bulk of the Elvis estate, according to the Associated Press. The reported $100 million sale includes rights to her father's name and image.
?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 AP said.
?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,? the AP also said.
Well, any slight doubts that Lisa Marie is full of bad decisions, will be squashed now!
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