It was impossible to think of the world’s most popular entertainer being in financial trouble.How could it have happened? The result was a 1983 settlement in which Parker agreed to sever all ties with the estate and RCA agreed to pay the estate $1.1 million.
Vernon Presley was born on April 10, 1916 in Fulton, Mississippi, USA as Vernon Elvis Presley. They are Jack Soden, executive director of Graceland; attorney C. Barry Ward; business manager Joseph F. Rascoff, and creative affairs director Jerry Schilling.The management team talks regularly by telephone and gathers formally six to 10 times a year, usually in a Los Angeles hotel.
She was a Southern Californian, but Graceland was still the family home. Soden won’t necessarily sue the manufacturer; he picks his battles, preferring to go after more flagrant, widespread violations. Steve Tamerius stated that Vernon Presley was not always underpaid for the work that he did.
In the words of one recent Graceland visitor, “I just wanted to be close to him.”However absurd the “Elvis is alive” rumors of the past year, Elvis’ legacy is very much alive for millions of people--and the seven members of the estate’s management team are its life-support system.THE LAST THING Priscilla wanted to do when she became a co-executor of the Presley estate was open Graceland to the public.
He died on June 16, 1979 in Memphis, Tennessee.Your contribution is much appreciated! The Pres- ley estate, under her guidance, is now worth more than $75 million and brings in an estimated $15 million a year in gross income.
They married in 1967, and Lisa Marie was born in 1968. If, for example, 50 million Elvis records were sold, at the average royalty rate of $1 per record at that time, the estate would have received $12.5 million after taxes and the colonel’s cut. It’s like a band on the run, like ‘Route 66' with a touch of ‘The Waltons.’ ”And if Elvis isn’t alive to produce anything new and repackaging reaches the saturation point, there are still corners of the world where he is nearly unknown.
He was married to Davada "Dee" Stanley and Gladys Presley.
make sure people remember him as a human being, not as a caricature,” Rascoff says. Elvis Presley: Robert Plant on INCREDIBLE thing King did when they met “Elvis had a permit to carry a gun,” Vernon said in 1978, a year after Elvis’ death.
Two days after the singer’s death, Boxcar and the estate issued a license for $150,000 to exploit those rights for three years--with options to renew--to Factors, a New York-based firm.In 1979, Factors tried to establish its exclusive right to merchandising, as granted by the estate, by suing a nonprofit corporation that wanted to erect a statue of Presley in downtown Memphis.
They say they are simply trying to put Elvis in proper perspective. A few years later, Priscilla began to want a life of her own, something apparently impossible in Elvis’ world.
Top Answer. More than two-thirds of the $15 million is generated at Graceland, with other revenue sources ranging from licensing of souvenirs to royalties from records, music publishing and videos.The estate under Priscilla is doing so well that the Memphis probate court that oversees the executors has decided to leave it in place until Lisa Marie turns 30. The co-executors were beginning to ask themselves this question, but in 1980 they decided to continue the arrangement anyway.
He is known for his work on Elvis on Tour, Elvis in Concert and Loving You (1957). We became two of his biggest fans.”The Ritters certainly do not buy into the notion that Elvis is alive. I look at our inventory sheet and ask, ‘What are we, Sears?’“Well, I’ll tell you. Lisa Marie, now 21, married and living in Los Angeles, frequently joins the sessions.On this April day in Westwood, the agenda includes a progress report on “Elvis: Good Rockin’ Tonight,” a TV series on Elvis’ early life that the estate is developing.
But the estate now has this tremendous bundle of rights that it can and does exercise for the benefit of the estate, including copyrights and trademarks throughout the world. Since her 1973 divorce from Elvis, she has built a career as an actress and lives in Beverly Hills with screenwriter-director Marco Garibaldi; they have a 2-year-old son, Navarone.Members of the management team say outsiders frequently assume that Priscilla is just a figurehead.
We’d like to preserve that.”Elvis’ importance in the ‘50s went far beyond music, and that influence continues to be felt today.
Like Soden, Priscilla and the rest of the management team shake their heads at the Elvis-is-alive rumors; they refuse to directly condone them through licensing.