Elvis Presley’s intellectual property rights sold

ADRIAN SAINZ, Associated Press
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Elvis Presley (AP Photo)

Elvis Presley (AP Photo)

MEMPHIS, Tenn. (AP) — Authentic Brands Group says it has bought Elvis Presley’s intellectual property and the right to operate the Graceland tourist attraction from CORE Media Group.

Authentic Brands said Tuesday the purchase gives the company the rights to Presley’s image, name and likeness, in addition to the massive collection of photos, movies, television appearances and music specials featuring the King of Rock ‘n’ Roll.

A purchase price was not disclosed.

As part of the deal, National Entertainment Collectibles Association founder Joel Weinshanker acquires the management rights of Graceland, the tourist attraction centered around Presley’s longtime Memphis home.

Presley’s daughter, Lisa Marie Presley, says she will continue to own Graceland and the original artifacts.

Authentic Brands Group is a New York-based intellectual property corporation that manages brands including Marilyn Monroe and Muhammad Ali.

 

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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