Lisa Marie is Selling Out.

[skcin]

Originally Posted by amber

Why? She's getting hella cash, debt removal, and she has stock options. And now she doesn't have to deal with it. Actually, why is the estate more than 25 million in debt, is what i really want to know.

I'm just offended cuz it's her FATHER, for God's sake. I mean, she's acting like this guy's a "partner", but it just doesn't seem like that to me. Will this guy be able to sell anything with Elvis on it without her or Cilla's approval? If yes, that sucks & she should be ashamed, IMO.

OMG, I sound like my mom...

Anyway, I'd love to know where the debt came from too. I was under the impression that Elvis Presley Enterprises brought in billions every year

[seeker007nmss]

Originally Posted by amber

Why? She's getting hella cash, debt removal, and she has stock options. And now she doesn't have to deal with it. Actually, why is the estate more than 25 million in debt, is what i really want to know.

well, if it made 45 million run poorly, then if she hired someone at 1 million to run it right, she would make even more. Now, back to my piggy bank to save up for a private concert with Stevie. (See really old post to get this bad joke) $12.94........$12.95.......Ohhh a Dime! 13.05...... 13.06....

[ThePenguin]

Originally Posted by GateandGarden

I don't know why the estate's in debt, but I figure that if she hadn't sold the rights to his image and everything else, she would eventually have enough money off of that to pay off the debt. I would think that would happen in no time at all. I wonder if those people she sold everything to are going to wind up richer. Y'all think so?

And another thing--does his wife have absolutely no say in this? She could have at least advised Lisa Marie against this, right?

Hillary

Weren't they divorced when he died? That's why Lisa Marie got basically everything. I don't think Priscilla could technically do more than try to 'advise' Lisa Marie....

-Lis

[GODDESS6]

priscilla & elvis were divorced when he died & he left everything 2 lisa, but her being a child priscilla ran it & made it what it is 2day, a huge money maker, w/out selling out 2 much w/ his likeness & not letting people use his likeness in crappy stuff~ she brought in the ideas 2 make all the money & i think it was turned over 2 lisa when she was either 21 or 25, can't remember the age~ i am sure priscilla is appalled seeing she turned around & made her daughter millions & millions by the things she has done w/ the estate, such as the car museum & other things on or near the property~ tho lisa & her mother have been @ odds quite a bit over the years~the make-up & then hate ea other again~ but 100 million~ c'mon we r talking elvis here, whether "we" r fans or not, he is huge 2 some people, the estate pulled in 45 million last year, what was she thinking?!?!?!?~ sounds like a horrible deal 2 me~ geez it is your father & it's not everyday that little girls look up 2 their daddy's & daddy is elvis~ i would think his legacy alone would make her want 2 keep everything, i know i would~ even if she doesn't want 2 b bothered w/ all the hassle u could pay people 2 run it 4 u~ i just don't see her reasoning in this, but ah Yes as another poster said, hell, she married michael jackson, which the thought of their mtv kiss makes me wanna PUKE !!!~ i for 1 think she is being dumb as a rock on this !!!~

[GypsySorcerer]

Originally Posted by GODDESS6

priscilla & elvis were divorced when he died & he left everything 2 lisa, but her being a child priscilla ran it & made it what it is 2day, a huge money maker, w/out selling out 2 much w/ his likeness & not letting people use his likeness in crappy stuff~

Yup. Elivs' state wasn't worth much when he died, but Priscilla built it up and is responsible for its great success.


I have always adored Elvis, so I've tried very hard to like Lisa Marie. She has always seemed so hardened (and I guess who could blame her), but I always thought she softened when she talked about her dad. Monetarily and personally, I think this was a bad move on her part.

[ThePenguin]

Originally Posted by GypsySorcerer

Yup. Elivs' state wasn't worth much when he died, but Priscilla built it up and is responsible for its great success.


I have always adored Elvis, so I've tried very hard to like Lisa Marie. She has always seemed so hardened (and I guess who could blame her), but I always thought she softened when she talked about her dad. Monetarily and personally, I think this was a bad move on her part.

I feel bad for Lisa Marie. Just the fact that this icon was her father maybe makes some of us expect her to act/feel a certain way towards him and his memory-- but IMO she probably mainly 'knows' her dad through his 'image'. She was very young when he died, so her 'real life' memories of him as a person involved in her life must be somewhat lacking.

I wonder what Priscilla really thinks about LM's decision....

-Lis

[gldstwmn]

Originally Posted by GypsySorcerer

Monetarily and personally, I think this was a bad move on her part.

My quesiton is why is there so much debt when the estate took in $45 mil last year?
She was still pretty young when she took over the estate. Maybe she didn't run it the way she could/should?
Her mother did a far better job, IMO. Maybe whoever said she doesn't want the responsibility is right. It's really sad.
That said, I like Lisa. I liked her record. I can kind of relate to her because both of our fathers died when we were the same age.

[dissention]

Originally Posted by sparky

For the record, I like LMP. And I liked her record. She's a tough broad. Taste for crap in men, but she is scrappy, and I like that.

Agreed.

Though I did think her vocals sounded a little too produced on her album.

[dissention]

Originally Posted by gldstwmn

I know. Does she need the cash for Scientology?

I wouldn't be surprised. I'd LOOOOOOOOOVE to hear what kind of dirt the clams have on her.

[dissention]

Originally Posted by amber

Why? She's getting hella cash, debt removal, and she has stock options. And now she doesn't have to deal with it.

Think of it in the long run, Amber, and it's a ridiculous business move. It's as if she's getting rid of everyhting now to make a few bucks and remove debts, when in all actuality, she'd benefit tenfold more in the years to come. She's a f*cking idiot. She doesn't have to deal with it, and because of that, she'll lose hundreds of millions.

[amber]

Originally Posted by dissention

Think of it in the long run, Amber, and it's a ridiculous business move. It's as if she's getting rid of everyhting now to make a few bucks and remove debts, when in all actuality, she'd benefit tenfold more in the years to come. She's a f*cking idiot. She doesn't have to deal with it, and because of that, she'll lose hundreds of millions.

it just doesn't make sense that she would do it then, unless there's something we don't know about the deal. Or unless she really really doesn't want to deal with the whole thing. Maybe for her the combination of STOCK OPTIONS FOR THE REST OF HER LIFE, and cash, and not dealing with it, is a great deal

[sparky]

Originally Posted by dissention

Agreed.

Though I did think her vocals sounded a little too produced on her album.

Well, the vocals were pretty buried in the mix, and she verges on tone-deaf. That explains THAT. Nonetheless there is something sassy about her that really turns my crank.

[sparky]

Originally Posted by dissention

I wouldn't be surprised. I'd LOOOOOOOOOVE to hear what kind of dirt the clams have on her.

LMP actually left the spaceship people. It's her MOM that is still with them. LMP is one of the few celebrities to ever leave them. BTW, I had lunch at the Celebrity Centre restaurant at the Church the other day. It was like lunch with the Pod People. Creeepasaurus. We went into the bookstore, and the attendant came slithering out from behind the encounter, flashing this big sharp toothed grin. I swear, I damned near backed into the corner and screamed like a little girl. I beat it outta that bookstore like I was in Roadrunner cartoon. There may have been a little puff of smoke left hanging in the air from my mad dash for the door.

[amber]

Originally Posted by sparky

LMP actually left the spaceship people. It's her MOM that is still with them. LMP is one of the few celebrities to ever leave them. BTW, I had lunch at the Celebrity Centre restaurant at the Church the other day. It was like lunch with the Pod People. Creeepasaurus. We went into the bookstore, and the attendant came slithering out from behind the encounter, flashing this big sharp toothed grin. I swear, I damned near backed into the corner and screamed like a little girl. I beat it outta that bookstore like I was in Roadrunner cartoon. There may have been a little puff of smoke left hanging in the air from my mad dash for the door.

my fave? "the attendant came slithering out from behind the counter.."
Why'd ya have lunch there? i assume you had to, from the way you describe it. Unless you were in one of those "how can i make my lunch like a horror movie?" moods...

[dissention]

Originally Posted by sparky

LMP actually left the spaceship people. It's her MOM that is still with them. LMP is one of the few celebrities to ever leave them. BTW, I had lunch at the Celebrity Centre restaurant at the Church the other day. It was like lunch with the Pod People. Creeepasaurus. We went into the bookstore, and the attendant came slithering out from behind the encounter, flashing this big sharp toothed grin. I swear, I damned near backed into the corner and screamed like a little girl. I beat it outta that bookstore like I was in Roadrunner cartoon. There may have been a little puff of smoke left hanging in the air from my mad dash for the door.

Good for her if she really left them. I was worried for homegirl after she and Juliette Lewis (who, however misguided she may be, I absolutely adore) held that demonstration against psychology and ritalin. Talk about freaky ****. The clams must have had mass orgasms the day they did that whopper. Mimi Rogers and Sonny Bono are a couple others who left, thankfully.

And you really ATE with the clams?!! The freakiest bunch of people in the world. I hope they didn't know you're queer, or else they'd try to work their magic on you. Did you find yourself blessed by a visit from Xenu? You should have asked to be hooked up to an E-Meter.

On another note, I was in Virgin this afternoon and they had a two-disc limited edition copy of Franz Ferdinand. Why did you not tell me about this new version sooner?! The second disc has an awesome new version of This Fire and four other *fantastic* songs.