Chunk Of Elvis Presley's Estate Sold

Subscribe to Lisa Marie Presley alerts

Singer Lisa Marie Presley has sold of the bulk of her father ELVIS' estate in a deal worth $100 million (GBP52.6 million).

Impresario ROBERT FX SILLERMAN has agreed to buy 85 per cent of ELVIS PRESLEY ENTERPRISES, including rights to the singer's name and the management of his Graceland mansion in Tennessee.

As well as running Graceland, Elvis' home in Memphis, Sillerman will own his name and likeness, the rights to his photographs and revenue from his music, TV shows and films.

The title to Graceland and its surrounding property, including most of Elvis' personal effects, will remain with Lisa Marie. Graceland's visitor complex and Heartbreak Hotel across the street will be sold.

Elvis, who died at Graceland in 1977, starred in 31 films and has sold over a billion records. His estate generated $45 million (GBP23.6 million) in revenue in 2003 and $38 million (GBP20 million) in the first three quarters of this year (04).

Lisa Marie says, "My greatest responsibility to my father is to preserve and protect his legacy, and this is an exciting new structure that opens up an incredible array of opportunities."

Priscilla Presley, Lisa Marie's mother and Elvis' former wife, will remain executive consultant to the business.

17/12/2004 03:47


Tags: Lisa Marie Presley - Elvis Presley - Priscilla Presley

Subscribe to Lisa Marie Presley alerts

More Lisa Marie Presley

Leah Remini's Missing Person Report For Michelle Miscavige "Unfounded"

Leah Remini's filed missing persons report for Michelle Miscavige, the wife of the Church of Scientology's leader David Miscavige, has been closed by the LAPD....

Leah Remini Leaves Church Of Scientology Over Disputes With Leader

King Of Queens actor Leah Remini has left the Church of Scientology. Remini is reported to have disagreed with the church's management, the major factor...


What A Hound Dog! Is Robert Pattinson Dating Elvis' Granddaughter?

The actor who played Edward Cullen and the target of many a frenzied tweenage fan melt-down, Robert Pattinson, is set to be back in the...

Lisa Marie Presley's Secret Life As A Chip Shop Worker

Lisa Marie Presley, daughter of one of the most famous people to have graced the Earth, has been getting a few people in the English...



juliepresleyfan's picture


I dont agree with Lisa Marie selling of her fathers things, why would she do that, why not just hire someone to do what she feels she obviously cant.I heard somewhere that it was all going pearshaped for her and she was maybe out of her depth maybe, then debts started racking up.hope the sillwerman man will bring Ep enterprises to England too and maybe start a few shops so we can buy epe Enterprises products hear for a reasonable price.hope she dont regret what she did, do in haste repent at leasure.i know it was done a while ago but hope it goes well and us fans here dont lose out somewhere.julie TCB
Import Source: 
Import Date: 

9 years 1 month ago
View Comments

Lisa Marie Presley Newsletter

Subscribe to this news alert service to receive news and reviews on Lisa Marie Presley

Unsubscribe | Unsubscribe All