Elvis Presley Heirs Lose Lawsuit In Germany

The legal heirs of Elvis Presley lost a lawsuit Wednesday in Germany claiming a fortune from Sony Music Entertainment Germany for what they called the exploitation of the king of rock and roll's greatest hits. Munich judges mockingly quoted one of Presley's lyrics, 'Money, honey, if you want to get along with me,' as they threw out a claim by Elvis Presley Enterprises for a share of the record company's profits over the past 40 years.

Presley signed away to RCA Records in 1973 the rights to 1,000 hits, including Heartbreak Hotel and Jailhouse Rock, for a lump sum of 5.4 million dollars. Sony later acquired the rights. The singer's estate argued the package was now worth 130 million dollars thanks to German copyright extensions. They partly based their claim on a 2002 provision in German rights law that ordains a top-up of royalties for unexpected best-sellers.

But judges disagreed. Christian Czychowski, the lawyer for Elvis Presley Enterprises, in which the icon's daughter Lisa-Marie Presley holds a 15-per-cent stake, said his client would appeal. 

Source: ElvisMatters / Updated: Nov 27, 2011 
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Martin DJ (profilecontact) wrote on Dec 1, 2011report abuse
1,000 hits?
Tony C (profilecontact) wrote on Nov 29, 2011report abuse
Quite when did RCA, BMG or Sony rip off Elvis fans? A rip off is when something is advertised as one thing but the actual product is different, I can't think of any examples. I can think of many examples with bootlegs, with their claims of advanced sound improvements, etc.
Bestoftherest8301 (profilecontact) wrote on Nov 29, 2011report abuse
If we are talking about morality, then Sony/BMG/RCA should repay back to it's customers the amounts that it has ripped off the Elvis fans over the years. Simples!
Tony C (profilecontact) wrote on Nov 27, 2011report abuse
Good news, I am so glad the money grabbing EPE have lost this case. I have done deals which have proved to be wrong with hindsight, but I have never gone back and complained. I move forward and try to retain some dignity.

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