Elvis Week hits stride as buyout talks heat up - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

Elvis Week hits stride as buyout talks heat up

Posted: Updated:

MEMPHIS, Tenn. (AP) — Elvis Presley is in play.

CKx Inc., owner of the "American Idol" television program and 85 percent of Elvis Presley Enterprises, is mulling offers to buy the company.

At the same time, thousands of Elvis fans are descending on Memphis for Elvis Week, the annual celebration of the American music icon's life and remembrance of his death.

CKx owns rights to the name, image and likeness of Elvis Presley and the operations of Graceland, Presley's Memphis mansion. Last year, Elvis generated more than $60 million in revenue from royalties, licensing and Graceland's operations.

Two faces familiar to CKx have offered to buy it: Robert Sillerman, the company's former CEO, and Simon Fuller, the British media mogul who created the "Idol" franchise.

Copyright 2010 The Associated Press.

  • Local NewsMore>>

  • 'Life Between Heaven & Earth' with George Anderson

    'Life Between Heaven & Earth' with George Anderson

    Tuesday, August 22 2017 5:45 PM EDT2017-08-22 21:45:33 GMT

    The self-proclaimed “world’s most scientifically-tested medium” joined News 8 Morning Extra on Friday to talk about relaying messages from the hereafter.

     

    The self-proclaimed “world’s most scientifically-tested medium” joined News 8 Morning Extra on Friday to talk about relaying messages from the hereafter.

     
  • Self-defense strategies to keep your kids safe

    Self-defense strategies to keep your kids safe

    Tuesday, August 22 2017 5:27 PM EDT2017-08-22 21:27:54 GMT

    It's a scary world out there, and every parent's first concern is their child and their safety.

     

    It's a scary world out there, and every parent's first concern is their child and their safety.

     
  • Back to school with News 8

    Back to school with News 8

    Tuesday, August 22 2017 5:16 PM EDT2017-08-22 21:16:20 GMT

    It's back to school for kids and teachers around the county! To mark the occasion, News 8 asked our reporters and anchors to share their photos from their younger days - ready to learn! Can you guess who they are?

     

    It's back to school for kids and teachers around the county! To mark the occasion, News 8 asked our reporters and anchors to share their photos from their younger days - ready to learn! Can you guess who they are?

     
Powered by Frankly
All content © Copyright 2000 - 2017 Midwest Television, Inc. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.