responds to initial enquiries from fans
has received many enquiries and comments, both positive and
negative, since the announcement that majority interest in
EPE has been sold to impresario, Robert F.X. Sillerman. This
is EPE's initial response to enquiries.
you very much to all who have responded to the wonderful news
from EPE with such great enthusiasm and support. The same
to all of you who have expressed upset or concern. We will
be posting more information on our site in the weeks and months
ahead as there are more details to share about the new partnership.
We also will be putting together a new "Frequently Asked Questions"
feature to respond to many of the specific questions we are
getting. If you check News on our site from time to time and/or
sign up for our long-standing free e-newsletter service http://www.elvis.com/newsletters/
, you easily can keep up with what's going on with Graceland/EPE.
But, to clarify some of the primary initial confusion and
allay some of the initial concern we are seeing in some of
the messages thus far, please understand this:
Presley did not sell Graceland Mansion and its original
grounds, or her father's personal effects - meaning costumes,
wardrobe, awards, furniture, cars, etc. She maintains 100%
permanent, sole ownership of all of this. The new partnership
is in the company Elvis Presley Enterprises, Inc. and its
physical and intellectual properties. The new partnership
is about growing the company and fueling the global Elvis
of the EPE management and staff will remain in place and
we're all very excited about the new opportunities the new
partnership brings. The recent news is sudden to you, but
finding the right partner and making all this happen is
something our management team and Lisa together have, for
several years, quietly worked toward making happen. Everything
about it is good. There is nothing to worry about, but everything
to look forward to.
is not closing. Heartbreak Hotel is not closing. Elvis Week
and Elvis Birthday celebrations and the Official Elvis Collectors
Club are not going away. There are no new sweeping changes
in our policies or in our philosophical or historical commitments.
EPE's commitment to, and communication with, the Elvis fans
and fan clubs go on as always. All operations at EPE are
business as usual, including our nonstop efforts to get
better and better at what we're doing. The main difference
for fans will be that, as the company and the global reach
of all things Elvis grow, EPE will be able to do more and
more for the fans and for new audiences and for the Elvis
phenomenon overall. The new partnership means our dreams
for the future have gotten bigger and that projects already
on our dream list can happen faster. As always, as new projects
are confirmed and can be announced, we'll share the details
of each of them, project by project, as each comes along.
identity of Elvis Presley Enterprises, Inc. is not changing.
We will continue to be EPE, only now our company will be
a wholly owned subsidiary of a new, publicly traded company
called CKX, Inc. Lisa Presley will be a 15% owner in EPE
and a significant stockholder in CKX, Inc. Information about
a public offering of CKX stock is not yet available, but
will be posted on Elvis.com whenever possible, sometime
in the new year.
hope all Elvis fans will join us in looking forward to a wonderful
future for EPE, the Elvis fans and the legacy of Elvis Presley.
Our sincere thanks and best wishes, The EPE Staff"