BUSINESS
January 12, 2010 | By Joe Flint
Now that Simon Cowell has decided this will be his last season as a judge on Fox's "American Idol," the next drama for the show's creator, Simon Fuller, may be in a boardroom. Fuller, chief executive of 19 Entertainment, which produces "American Idol" for Fox, is eyeballing the top job at 19 Entertainment's parent company, CKX Inc., according to people close to the situation. CKX, headed by Robert F.X. Sillerman, also has a majority stake in Elvis Presley's Graceland mansion in Memphis, Tenn.
BUSINESS
June 2, 2007 | From Reuters
CKX Inc., the owner of rights to the Elvis Presley and Muhammad Ali names and the "American Idol" television show, said it would be taken private in a $1.33-billion buyout led by its chief executive. Shares of the New York-based company soared as much as 44% following the announcement. Shareholders will receive $13.75 in cash and one share of FX Luxury Realty for each share of CKX, the company said. FX Luxury, an affiliate of CEO Robert F.X.
ENTERTAINMENT
May 20, 2006 | From the Associated Press
CKX Inc., the parent company of Elvis Presley Enterprises, announced a long-term joint venture with Cirque du Soleil, the Canadian-based acrobatic troupe known for its extravagant theatrical and acrobatic productions. Cirque du Soleil will produce a series of shows focused on Presley's life and music and help design interactive, multimedia museums called "Elvis Experiences," CKX said.
BUSINESS
September 28, 2005 | From Bloomberg News
The building has left Elvis, at least for now. CKX Inc., producer of the "American Idol" television program, said Tuesday that it agreed to acquire the Las Vegas Elvis-A-Rama museum, which it would close to make way for a "world-class" Elvis-themed attraction. CKX, which controls the name, image and likeness of Elvis Presley, didn't disclose the price it would pay for the museum, website and most of the memorabilia on display.
BUSINESS
August 11, 2005 | Woody Baird, Associated Press
The pilgrims will still weep at Elvis Presley's grave, and the souvenir shops will still swarm with credit-card-waving fans, an occasional black pompadour hardly drawing a glance. But change is in the air: Strangers are in Graceland. Lisa Marie Presley has sold the business side of her father's estate and turned over his famous white-columned house to CKX Inc., an entertainment company that also owns the "American Idol" TV show.
ENTERTAINMENT
December 18, 2004 | From Associated Press
Lisa Marie Presley is keeping Graceland but selling the bulk of the Elvis estate, including rights to her father's name and image, in a deal worth approximately $100 million. Elvis Presley Enterprises Inc. announced an agreement this week to sell 85% of its assets to businessman Robert F.X. Sillerman, founder of music and sports promoter SFX Entertainment. The Presley estate brought in almost $45 million last year.