American Idol Simon Fuller Bids To Buy Elvis Presley, Ali and David Beckham
SIMON Fuller, the rather wealthy little man who oversaw the rise of the Spice Girls as well as creating the Pop Idol phenomenon, is launching a $1.3billion joint-bid to acquire entertainment giant CKX.
Joining Fuller with the bid is Robert Sillerman, America’s 375th richest man and the former owner of SFX Entertainment. Sillerman is currently the largest shareholder in CKX and is set to make a presentation to the directors of the company with the aim of acquiring the group’s 97 million outstanding shares.
The company currently owns the name and image rights to Elvis Presley, which it bought from the rock’n’roll icon’s daughter Lisa Marie in 2005, as well as those of Muhammad Ali and a little known footballer who goes by the name of David Beckham.
Other famous names involved with CKX include Robin Williams, Billy Crystal and Woody Allen.
Expect Posh Spice to start angling for a role in Allen’s next movie. Maybe a remake of Annie Hall – with a dead shark skin bag…
Posted: 1st, June 2007 | In: Money Comment | TrackBack | Permalink
