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SPEA
SPEA I agree
SPEA 1.95
SPEA 1.80
SPEA getting buys now
SPEA 1.70
SPEA 1.55x1.70
SPEA
SPEA -- Sillerman Will Obtain Majority Control of Company Simultaneous with an Acquisition of an 85% Stake in Elvis Presley
Enterprises and Related Assets
SPEA being bought like crazy
Read this on SPEA
MEMPHIS, Tenn.--(BUSINESS WIRE)--Dec. 16, 2004--
Robert F.X. Sillerman and his new media and
entertainment company, which will be named CKX, Inc., have entered
into a definitive agreement to acquire a majority interest in the
assets comprising the estate of Elvis Presley.
The new partnership will conduct all business activities
concerning EPE, Graceland and tour operations; however, the
transaction was structured so that the title to Graceland and its
13.6-acre grounds in Memphis, TN, and most of Elvis's personal effects
remain with Lisa Marie Presley.
The new partnership includes all trademark rights to the name,
likeness and image of Elvis Presley and all EPE-owned intellectual
property, including its collection of photographs, archival documents
and footage, and EPE's successful music publishing catalog, as well as
the Graceland visitor center complex and Heartbreak Hotel across the
street from the mansion and all other EPE real estate investments.
In a related transaction, Mr. Sillerman announced that he expects,
through an affiliated entity, to acquire approximately 94 percent of
the common equity of Sports Entertainment Enterprises, Inc.
(OTCBB:SPEA), an inactive publicly traded company, through which the
business of CKX will be conducted. Please see Mr. Sillerman's and
SPEA's releases for further information on this transaction.
"For the past few years I've been looking for someone to join
forces with to expand the many facets of EPE, to take it to new levels
internationally, and to make it an even greater force in the
entertainment industry," said Lisa Marie Presley, singer/songwriter
and sole heir to the Elvis Presley Estate. "I feel confident that Bob
Sillerman and his team are the right people to do this with. My
greatest responsibility to my father is to preserve and protect his
legacy, and this is an exciting new structure that opens up an
incredible array of opportunities with a major infusion of new
investment capital to do just that," continued Presley. "It's the
ideal partnership in that I retain Graceland and my father's personal
effects, yet joining forces with Bob Sillerman will give us the
opportunity to grow even further the intellectual and entertainment
properties."
Commenting on the transaction, Mr. Sillerman said, "I am extremely
excited about our new venture, which we believe will bring unique
concepts to different aspects of the utilization of entertainment
content and will challenge the current models of distribution and
consumption of content. I am fully committed to the success of CKX and
there is no better way to launch our new company than by assuming the
opportunity and responsibility, together with the Presley family and
the current management of Elvis Presley Enterprises, of continuing and
expanding the heritage of Elvis Presley. I believe Elvis to be the
single most significant icon in American pop culture."
No staffing or personnel changes are anticipated within the EPE
organization. Priscilla Presley remains as an executive consultant,
Jack Soden remains as CEO and Gary Hovey remains Executive Vice
President and head of the Los Angeles office. All of EPE's management
team and staff will remain in place and Graceland tour operations will
continue with business as usual.
EPE was created in 1980 by Priscilla Presley on behalf of the
Elvis Presley estate. Its business extends far beyond the Graceland
operation. It includes worldwide licensing of Elvis-related products
and ventures, the development of Elvis-related music, film, video,
television and stage productions, the ongoing development of EPE's
Internet presence, the management of significant music publishing
assets, the Heartbreak Hotel in Memphis and more.
Mr. Sillerman was the founder, a major shareholder and served as
Executive Chairman of SFX Entertainment from its inception in 1997
until its sale to Clear Channel Communications in August 2000. SFX
Entertainment was the largest presenter, promoter and producer of live
events in the world. Prior to that, Mr. Sillerman was a founder, major
shareholder and served as Executive Chairman of SFX Broadcasting, a
major owner and operator of radio stations, from its inception in 1992
through its sale in 1998 to an affiliate of buyout firm Hicks, Muse,
Tate & Furst.
For additional information on Elvis, Graceland and Elvis Presley
Enterprises, visit Elvis.com.
no doubt SPEA just launched a huge deal
SPEA, huge NEWS Elvis is worth more than ever
SPEA doing the ELVIS
SPEA not stoping
I have some SPEA !!!!
Spea nice
good morning, NCDP out of the gates !!!!
your still up
:))
jim your making people buy
jim Y DO U CARE SO MUCH ?
OK
MLON going to .10 RB not bAD
LM what trading platform do you use?
unreal. I want NCDP to run the same
I trade FOREX too ,so sometimes it keeps me up
night BB
I sleep like Donald Trump 3hrs a day :)
night night
thanks to art I got some MLON ,he's DD freak . I like him
stocks in a running phase are good to hold
as a daytrader I play what I see happening , not enough time to worry
I don't care if its a SCAM or not as long as its running .
I try not to hold overnight unless I see that a gap may happen. Holding backburner stocks for whatever I can lose and not cry.
NSOL looks like it may gap ,closed high based on chart
MLON ,wondering if its going to pop again
I agree
I was thinking about going on vacation in January but now I might just change my mind.
looks like ADOT hit double bottom and turned nicely