CORE Media Group, which owns Elvis Presley Enterprises, is seeking $200 million in a deal to sell the operation that oversees tours of Graceland and controls licensing, merchandising and music publishing.
Elvis Presley Enterprises includes: More than 110,000 pieces of memorabilia, including 3,000 pieces of clothing and 30 vehicles; royalties from 24 films; and copyrights and royalties for 1,150 songs.
Elvis' Daughter, Lisa Marie Presley continues to retain her 15% in Elvis Presley Enterprises. Lisa also owns Graceland Mansion and its contents, all of her Dads personal belongings, and of course everything inside the Graceland Archives.
Graceland is NOT in danger, and is NOT closing!
source: the Commercial Appeal, FT.com, and Elvis Matters
Elvis Presley Enterprises includes: More than 110,000 pieces of memorabilia, including 3,000 pieces of clothing and 30 vehicles; royalties from 24 films; and copyrights and royalties for 1,150 songs.
Elvis' Daughter, Lisa Marie Presley continues to retain her 15% in Elvis Presley Enterprises. Lisa also owns Graceland Mansion and its contents, all of her Dads personal belongings, and of course everything inside the Graceland Archives.
Graceland is NOT in danger, and is NOT closing!
source: the Commercial Appeal, FT.com, and Elvis Matters
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