Elvis Mania Returns - Elvis Presley's Estates and Rights Sold for $100M

1 comment
Thread Title:
Elvis Presley Themed Advertising to Explode
Thread Description:

Heaven help us all, the rights to Elvis Presley's name and image have been sold to SFX Entertainment - Get ready for brand mayhem...

The Elvis estate, along with rights to his the rock legend's name and image, has been sold for $100 million to SFX Entertainment. Lisa Marie Presley agreed last Thursday to sell 85 percent of the estate's assets. Presley will receive $53 million cash, be absolved of $20 million indebt and get shares in the new company expected to be worth $25 million.

More details at the threadlink above and this ABC News Story



Elvismania aff program? Sign me up.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.