Buckle up kids, Elvis is now owned by a music and sports promotion agent. Wow, was the devil unavailable?
Yup, Lisa Marie Presley sold 85% of The King’s estate, his name and likeness, and all the revenue from his music and films for 100 million. (My guess is she did it to pay her therapy bills. I mean c’mon! She was married to both Jocko and Nic Cage)
Thanks to It’s Me for this insanely depressing news update.