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Does the new partnership affect ownership of Elviss recordings, his theatrical films and his TV guest appearances?

April 26, 2017affect films guest ownership partnership recordings theatrical tv

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Does the new partnership affect ownership of Elviss recordings, his theatrical films and his TV guest appearances?

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No. Neither Elvis nor EPE ever had ownership in Elviss recordings or his theatrical films, and thus these properties are not part of the partnership deal between Mr. Sillerman and EPE. Please see the Who owns Elvis Presleys music? item in our FAQ section here on Elvis.com. Also see the complete FAQ menu page for information on various footage-related topics. What is the payment to Lisa Marie Presley in the deal? In exchange for an 85% share in EPE, Lisa Marie Presleys personal compensation is approximately $100 million, consisting of approximately $53 million in cash, approximately $22 million in Preferred Stock of the new parent company, 500,000 shares of common stock in the new parent company and the assumption or extinguishment of approximately $25 million of outstanding indebtedness.