As well as running Graceland, Presley's home in Memphis, Tennessee, Sillerman will own his name and likeness, the rights to his photographs and revenue from his music, TV shows and films such as "Jailhouse Rock."
Lisa Marie keeps the title to Graceland and surrounding property, and her mother, Elvis' ex-wife Priscilla reamins executive consultant to the business.
It remains to be seen the impact this will have on Elvis' legacy, but the mind boggles at the thought of someone besides Col. Tom Parker or a family member controlling the King's legacy. Stay tuned....
1 comment:
Well, at least it went to a Philadelphean, which means we can be assured of cheesesteaks at Graceland!
Cool blog.
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