Elvis Presley’ Graceland mansion and rights to the images of Elvis and Muhammad Ali are on the market with a possible price tag of more than $200m, people familiar with the process said.
Three people familiar with the process said Core Media Group, the entertainment group behind TV-programmes such as American Idol and So You Think You Can Dance, has begun approaching potential bidders from Asia, Europe and the US for Elvis Presley Enterprises and Muhammad Ali Enterprises.
Core, known as CKx before Apollo Global Management bought it for $509m in 2011, has appointed The Raine Group, a New York merchant bank, to review strategic alternatives, two of these people said.
It is testing the market but could keep both if it is unhappy with the offers it receives, they said, but Core hopes to focus on producing content for television and digital outlets. Core and Raine declined to comment.
More than 35 years after Presley’s death and 32 years after Ali’s retirement, the two assets generate revenues of about $60m a year and earnings before interest, tax, depreciation and amortisation of about $23m, according to a briefing document sent to potential bidders.
Despite the 38 per cent ebitda margin, a record of stable, predictable cash flows and a history of revenue raising Elvis re-releases, people familiar with the Presley estate see significant potential for expansion if a buyer is willing to invest.
Possible investments include an Elvis-themed hotel near Graceland in Memphis, a stage show in an Asian casino hub such as Macau, and digital and social media expansion. People familiar with the estate add that per capita spending by Graceland’s 550,000 annual visitors is relatively low and could be improved. The Presley family, represented by the singer’s daughter, Lisa Marie, retained 15 per cent of the company when it sold the remainder to Robert Sillerman’s CKx for about $100m in 2004. The Ali family owns 20 per cent of Muhammad Ali Enterprises.
The unusual combination of brand management rights for two of the 20th century’s most recognisable brands with a tourist destination that has become a place of pilgrimage for many music fans is likely to attract a diverse set of buyers.
These could include music and live entertainment companies and executives, developers, wealthy fans and local Memphis businesspeople. Elvis Presley Enterprises includes: More than 110,000 pieces of memorabilia, including 3,000 pieces of clothing and 30 vehicles; royalties from 24 films; and copyrights and royalties for 1,150 songs.
Muhammed Ali Enterprises controls: 11,000 images, 50 hours of footage from the boxer’s life and career, and 5,000 pieces of memorabilia.
Sony Music’s Legacy Recordings division holds the rights to all Presley’s master recordings, and has overseen several reissues, including plans to release a deluxe edition of “Elvis at Stax” in August.
Core considered a bid for Endemol before the European television production company’s owners put sale talks on hold. A successful sale could raise proceeds for a renewed attempt to buy Endemol or other production businesses.
(Source: EvisMatters)
May 20 - Blues From St. Louis
Expected soon is new CD entitled ”St. Louis Blues” (label E.P. Collector, EPC 2013-01) recorded from the audience at the St. Louis, March 22, 1976 tour closing show. It was last Elvis show during his lifetime, reviewed in ”Rolling Stone” #213. Some of Elvis stable musicians were replaced and the result was surprisingly fresh sound with keyboards more prominent. Among the highlights are ”Let Me Be There” (performed for very last time), ”Steamroller Blues”, ”Polk Salad Annie”, ”Hurt” and ”America (The Beautiful)”. Since the show is rather short, producers decided to add 9 solid bonus tracks from Johnson City, March 19, 1976 show.
This previously unreleased recording was taken from a 1st generation copy of the original audience recorded tape and the sound - though not perfect - is far better than any other known version of this show. The CD is packaged in nicely designed digipak with collection of March 22, 1976 photos.
Tracks:
01. Also Sprach Zarathustra, 02. C. C. Rider, 03. I Got A Woman / Amen, 04. Love Me, 05. Let Me Be There (performed last time) 06. You Gave Me A Mountain, 07. Steamroller Blues 08. All Shook Up, 09. medley: Teddy Bear / Don't Be Cruel, 10. Heartbreak Hotel, 11. Love Me Tender, 12. Polk Salad Annie, 13. Band Introductions, 14. What'd I Say (James Burton), 15. Drum Solo (Larry Londin), 16. Bass Solo (Jerry Scheff), 17. Piano Solo (Shane Keister), 18. Electric Piano Solo (David Briggs), 19. School Day, 20. And I Love You So, 21. Hurt, 22. Hound Dog, 23. America (The Beautiful), 24. Funny How Time Slips Away, 25. Can't Help Falling In Love, 26. Closing Vamp.
Bonus (Johnson City, March 19, 1976):
27. Love Me, 28. You Gave Me A Mountain, 29. Let Me Be There (with false start), 30. Steamroller Blues, 31. All Shook Up, 32. medley: Teddy Bear / Don't Be Cruel, 33. Heartbreak Hotel, 34. Love Me Tender, 35. Polk Salad Annie (with false start).
(Source: FECC)
May 18 - Details June 2013 Follow That Dream Releases
EPE posted the details on the June 2013 releases from the Follow That Dream collectors label. The details:
Hot August Night
FTD’s next must-have release includes the complete live recording from the midnight show, August 25, 1969. Presented in 7" format with a 12-page 4-color booklet. This album was recorded live on stage at The International Hotel in Las Vegas.
Tracks:
01 Blue Suede Shoes 2:25, 02 I Got A Woman 2:43, 03 All Shook Up 1:54, 04 Monologue 1:14, 05 Love Me Tender 2:28, 05 Jailhouse Rock / Don't Be Cruel 3:05, 06 Heartbreak Hotel 2:22, 07 Hound Dog 4:48, 08 I Can’t Stop Loving You 2:37, 09 My Babe 2:28, 10 Mystery Train / Tiger Man 4:24, 11 Life Story 8:39, 12 Baby, What You Want Me To Do 2:00, 13 Runaway 2:19, 14 Are You Losesome Tonight? 3:04, 15 Words 2:42, 16 Yesterday / Hey Jude 5:58, 17 Introductions 4:39, 18 In The Ghetto 2:48, 19 Suspicious Minds 7:20, 20 What’d I Say 3:49, 21 Can’t Help Falling In Love 2:11
Elvis Presley Sold Out!
FTD is proud to announce "Elvis Presley - Sold Out!" featuring the March and June concerts of 1974 from Tulsa, AZ and Cleveland,OH. Prepared and researched for FTD by Robert Frieser / Hans Slebos ('Forty Eight Hours To Memphis' and '3000 South Paradise Road') this release will be presented in 7" format accompanied by 16-page 4-color booklet and extensive liner notes. Recorded June 21, 1974 at Convention Center Public Hall, Cleveland. Ohio. Track 21 was recorded June 17, 1974, at Louisiana State University Assembly Center, Baton Rouge, Louisiana.
Tracks:
DISC 1 (March 1, 1974 Tulsa Oklahoma); 01) Also Sprach Zarathustra 1:19, 02) See See Rider 3:21, 03) I Got A Woman/Amen 3:05, 04) Love Me 1:38, 05) Trying To Get To You 2:13, 06) Sweet Caroline 2:33, 07) Love Me Tender 1:44, 08) Johnny B. Goode 1:49, 09) Hound Dog 1:10, 10) Fever 2:58, 11) Polk Salad Annie 3:19, 12) Why Me Lord? 3:01, 13) Suspicious Minds 3:28, 14) Introductions by Elvis 1:28, 15) I Can't Stop Loving You 2:26, 16) Help Me 2:41, 17) American Trilogy 4:00, 18) Let Me Be There 4:04, 19) Funny How Time Slips Away 2:42, 20) Can't Help Falling In Love 1:39, 21) Closing Vamp 0:49, 22) Announcements 0:39
DISC 2 (June 21, 1974 Cleveland. Ohio); 1) See See Rider 3:51, 2) I Got A Woman /Amen 5:33, 3) Love Me 2:03, 4) Trying To Get To You 2:06, 5) All Shook Up 1:11, 6) Love Me Tender 1:41, 7) Hound Dog 1:23, 8) Fever 3:13, 9) Polk Salad Annie 4:58, 10) Why Me Lord 2:58, 11) You Don’t Have To Say You Love Me 2:08, 12) Suspicious Minds 3:52, 13) Introductions 3:17, 14) I Can’t Stop Loving You 2:50, 15) Help Me 2:50, 16) Bridge Over troubled Water 4:12, 17) Let Me Be There 5:04, 18) Funny How Time Slips Away 2:50, 19) Big Boss Man 3:21, 20) Can’t Help Fallling In Love 1:45, BONUS SONG (June17, 1974 Baton Rouge, Louisiana); 21) Turn Around, Look At Me (four lines only) 0:35
Elvis Recorded Live On Stage In Memphis (2LP)
FTD's next vinyl release features, for the first time on this format, the complete concert recorded on March 20,1974 in Memphis Tennessee. Please note, all future vinyl releases will feature poly-lined plain inner bags instead of printed card. This will provide better lifetime protection.
Vinyl cutting by Abbey Road Stusios
DMM Copper Mastering
180 Grams heavyweight vinyl
Strictly limited pressing
Currently available on CD as FTD
Tracks:
Also Sprach Zarathustra
See See Rider
I Got A Woman/Amen
Love Me
Trying To Get To You
All Shook Up
Steamroller Blues
Teddy Bear/Don’t Be Cruel
Love Me Tender
Medley: Long Tall Sally/Whole Lotta Shakin’ Goin’ On/Mama Don’t Dance/Flip, Flop And Fly/Jailhouse Rock/Hound Dog
Fever
Polk Salad Annie
Why Me Lord?
How Great Thou Art
Suspicious Minds
Introductions by Elvis
Blueberry Hill/I Can’t Stop Loving You
Help Me
American Trilogy
Let Me Be There
My Baby Left Me
Lawdy Miss Clawdy
Funny How Time Slips Away
Can’t Help Falling In Love
Closing Vamp
Charts
Hot August Night
FTD’s next must-have release includes the complete live recording from the midnight show, August 25, 1969. Presented in 7" format with a 12-page 4-color booklet. This album was recorded live on stage at The International Hotel in Las Vegas.Tracks:
01 Blue Suede Shoes 2:25, 02 I Got A Woman 2:43, 03 All Shook Up 1:54, 04 Monologue 1:14, 05 Love Me Tender 2:28, 05 Jailhouse Rock / Don't Be Cruel 3:05, 06 Heartbreak Hotel 2:22, 07 Hound Dog 4:48, 08 I Can’t Stop Loving You 2:37, 09 My Babe 2:28, 10 Mystery Train / Tiger Man 4:24, 11 Life Story 8:39, 12 Baby, What You Want Me To Do 2:00, 13 Runaway 2:19, 14 Are You Losesome Tonight? 3:04, 15 Words 2:42, 16 Yesterday / Hey Jude 5:58, 17 Introductions 4:39, 18 In The Ghetto 2:48, 19 Suspicious Minds 7:20, 20 What’d I Say 3:49, 21 Can’t Help Falling In Love 2:11
Elvis Presley Sold Out!
FTD is proud to announce "Elvis Presley - Sold Out!" featuring the March and June concerts of 1974 from Tulsa, AZ and Cleveland,OH. Prepared and researched for FTD by Robert Frieser / Hans Slebos ('Forty Eight Hours To Memphis' and '3000 South Paradise Road') this release will be presented in 7" format accompanied by 16-page 4-color booklet and extensive liner notes. Recorded June 21, 1974 at Convention Center Public Hall, Cleveland. Ohio. Track 21 was recorded June 17, 1974, at Louisiana State University Assembly Center, Baton Rouge, Louisiana.
Tracks:
DISC 1 (March 1, 1974 Tulsa Oklahoma); 01) Also Sprach Zarathustra 1:19, 02) See See Rider 3:21, 03) I Got A Woman/Amen 3:05, 04) Love Me 1:38, 05) Trying To Get To You 2:13, 06) Sweet Caroline 2:33, 07) Love Me Tender 1:44, 08) Johnny B. Goode 1:49, 09) Hound Dog 1:10, 10) Fever 2:58, 11) Polk Salad Annie 3:19, 12) Why Me Lord? 3:01, 13) Suspicious Minds 3:28, 14) Introductions by Elvis 1:28, 15) I Can't Stop Loving You 2:26, 16) Help Me 2:41, 17) American Trilogy 4:00, 18) Let Me Be There 4:04, 19) Funny How Time Slips Away 2:42, 20) Can't Help Falling In Love 1:39, 21) Closing Vamp 0:49, 22) Announcements 0:39
DISC 2 (June 21, 1974 Cleveland. Ohio); 1) See See Rider 3:51, 2) I Got A Woman /Amen 5:33, 3) Love Me 2:03, 4) Trying To Get To You 2:06, 5) All Shook Up 1:11, 6) Love Me Tender 1:41, 7) Hound Dog 1:23, 8) Fever 3:13, 9) Polk Salad Annie 4:58, 10) Why Me Lord 2:58, 11) You Don’t Have To Say You Love Me 2:08, 12) Suspicious Minds 3:52, 13) Introductions 3:17, 14) I Can’t Stop Loving You 2:50, 15) Help Me 2:50, 16) Bridge Over troubled Water 4:12, 17) Let Me Be There 5:04, 18) Funny How Time Slips Away 2:50, 19) Big Boss Man 3:21, 20) Can’t Help Fallling In Love 1:45, BONUS SONG (June17, 1974 Baton Rouge, Louisiana); 21) Turn Around, Look At Me (four lines only) 0:35
Elvis Recorded Live On Stage In Memphis (2LP)
Vinyl cutting by Abbey Road Stusios
DMM Copper Mastering
180 Grams heavyweight vinyl
Strictly limited pressing
Currently available on CD as FTD
Tracks:
Also Sprach Zarathustra
See See Rider
I Got A Woman/Amen
Love Me
Trying To Get To You
All Shook Up
Steamroller Blues
Teddy Bear/Don’t Be Cruel
Love Me Tender
Medley: Long Tall Sally/Whole Lotta Shakin’ Goin’ On/Mama Don’t Dance/Flip, Flop And Fly/Jailhouse Rock/Hound Dog
Fever
Polk Salad Annie
Why Me Lord?
How Great Thou Art
Suspicious Minds
Introductions by Elvis
Blueberry Hill/I Can’t Stop Loving You
Help Me
American Trilogy
Let Me Be There
My Baby Left Me
Lawdy Miss Clawdy
Funny How Time Slips Away
Can’t Help Falling In Love
Closing Vamp
Charts
- The CD "ELV1S 30 # 1 Hits“ re-entered the Irish Album charts at #76 this week.
- On the Australian Music DVD charts the DVD "Elvis The King Of Rock And Roll" slipped from #28 to #38.
- The CD "Viva Elvis – The Album", the soundtrack for the Cirque Du Soleil show with the same title dropped from#81 to #85.
May 17 - ELV1S Greatest Re-issues
ParkLane Books will re-issue the 64 page book "Elvis Presley In Words And Pictures" once more on August 1, 2013. Included in this gift pack are 6 10 x 8 prints.From the publisher:
Celebrate the life, loves and extraordinary times of the greatest rock 'n' roller of them all. There will never be another performer quite like Elvis Presley and this wonderful tribute in words and pictures, looks back at the life of the most successful recording artist of all time, bringing the sights and sounds of his incredible story to vivid life.
ELV1S Greatest Re-issues
Sony Legacy will re-issue the "ELV1S 30 #1 Hits" and "Elvis Second To None" on June 1, 2013.
Elvis Presley, Special Three Disc Collection
The U.K. based Quantum Leap Group will release the 3 DVD set "Elvis Presley, Special Three Disc Collection" on May 27, 2013.
Elvis Aloha From Hawaii Via Satellite
The Music On Vinyl label re-issued "Aloha From Hawaii" as a four LP vinyl set, 180g vinyl, with a gatefold cover containing the Aloha From Hawaii concert, rehearsal and five bonus tracks recorded for the US broadcast. The audio was remastered and liner notes are rewritten.
(Source: Elvis Club Berlin / Elvis Info's / Amazon)
May 16 - The Elvis '62 Sessions Handbook
The Complete 62 SessionsThe Chrome Dreams budget label continues their "sessions" series of Elvis Presley royalty free catalogue with "The Complete '62 Sessions".
Colorized Elvis
The Mischief label will release Elvis Presley's debut album on "splatter" coloured vinyl. This limited edition of 500 copies is due June 20, 2013.
Side A:Blue Suede Shoes - I'm Counting On You - I Got A Woman - One-Sided Love Affair - I Love You Because - Just Because
Side B:
Tutti Frutti - Tryin' To Get To You - I'm Gonna Sit Right Down And Cry (Over You) - I'll Never Let You Go (Little Darlin') - Blue Moon - Money Honey
Everything You Need To Know About Elvis Presley
The book "The Elvis Presley Handbook - Everything You Need To Know About Elvis Presley" by Emily Smith will will be published by Emereo Publishing. More information when available.
(Source: Elvis Club Berlin / Amazon)
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