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Elvis Presley's intellectual property rights sold

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POSTED: Thursday, November 21, 2013 - 8:00am

UPDATED: Thursday, November 21, 2013 - 8:14am

Purchase price wasn't disclosed

The Houston Chronicle is reporting; The money-making enterprise called Elvis Presley has been sold.

The purchase gives Authentic Brands control of Elvis Presley Enterprises, which manages the licensing and merchandising rights to Presley's image, name and likeness, in addition to a massive collection of music, photos, movies, television appearances and performance specials featuring the King of Rock 'n' Roll.

To read more: http://www.chron.com/entertainment/article/Elvis-Presley-s-intellectual-property-rights-sold-4993380.php?cmpid=businesshcat
 

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