This message has gone out to the many people who have, so far, E-mailed EPE at with questions/comments about the partnership / take over news. EPE wanted to share it with fans on their messageboards as well.
To those who simply wrote to us in response to things they've read or heard in the news media, but did not realize that they could or should check the NEWS section on Elvis.com for accurate and more complete information, please do read the press release as found via the link in the paragraph above. Information in the media is incomplete and much of it is inaccurate. Also, please read in News on our site the personal message Lisa Marie Presley asked us to post and circulate to all the Elvis fans. Here's a direct link to that: http://www.elvis.com/news/full_story.asp?id=739
Thank 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:
- Lisa 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 phenomenon.
- All 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.
- Graceland 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.
- The 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.
We 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
Source: Email / Updated: Dec 18, 2004