Sillerman has a deal unveiled last week with "Idol" creator Simon Fuller that sees him remain a consultant on 19's hit shows "Idol" and "So You Think You Can Dance" while he is also launching a new entertainment company. The deal will remove some development and production costs from CKX's cost base.
The Fuller deal pretty much amounts to a first-look deal at TV projects Fuller will develop, Sillerman said.
But it will allow Fuller to also develop film projects. Sillerman has opposed a move into films. He emphasized Tuesday that film is "not on the mission statement of CKX."
According to a recent regulatory filing, Fuller is considering a movie about the life and times of Elvis Presley. CKX holds the rights to Presley.