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DealBook (Free subscription) | 05/28/2008
Just a few weeks ago, it was Clear Channel Communications. Today, it's the King. CKX, the entertainment company whose assets include the image and likeness of Elvis Presley, said Wednesday it agreed to be taken private at a price well below what it was offered in June 2007. The move came about two weeks after Clear [...]
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Business Wire (Free subscription) | 05/28/2008
NEW YORK--(BUSINESS WIRE)--CKX, Inc. (NASDAQ: CKXE), announced today that its Board of Directors has reached an agreement in connection with the revised acquisition proposal made by
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Business Wire (Free subscription) | 05/23/2008
NEW YORK--(BUSINESS WIRE)--CKX, Inc. (NASDAQ: CKXE), announced today that the Special Committee of its Board of Directors is scheduled to meet on Tuesday, May 27, to consider the
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Seeking Alpha (Free subscription) | 05/23/2008
Eric Fox submits: The mystery of CKX Land (CKX) has been solved. On Tuesday, CKX Land spiked up in price from $13 to $24.50 per share leaving me flabbergasted and a little wealthier. I dumped my entire position and then watched it fall back to the $14 range. So what's the answer to the mystery? It's an oil and gas company!! Every small cap energy stock out there spiked up in price. It was my mistake...
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The Memphis Business Journal (Free subscription) | 05/14/2008
CKX Inc., which owns the rights to the name, image and likeness of Elvis Presley, the operations of Graceland and the rights to the name, image and likeness of Muhammad Ali, has announced that 19X Inc. has amended its pending agreement to acquire the company.
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SeekingAlpha Energy Stocks (Free subscription) | 05/14/2008
Eric Fox submits: CKX Lands, Inc. (CKX) is an oil and gas royalty company that owns a total of 10,375 net acres of land in Louisiana. The land use is: Timberland - 6,371 acres. Agricultural Land - 3,014 acres. Marsh land - 741 acres. Development Land - 249 acres. The development land is contiguous to the city limits of Lake Charles, LA. Complete Story ยป
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PR News Wire (Free subscription) | 05/12/2008
NEW YORK, May 12 /PRNewswire-FirstCall/ -- CKX, Inc. (Nasdaq: ),
announced today that 19X, Inc. had delivered a letter to the CKX board of
directors setting forth certain proposed revisions to the pending agreement
to acquire CKX. Citing material changes in the market for media companies
and buyout transactions in general, 19X has proposed a new purchase price
of $12.00 per share and has requested...
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PR News Wire (Free subscription) | 05/12/2008
NEW YORK, May 12 /PRNewswire-FirstCall/ -- CKX, Inc. (Nasdaq: ),
today filed its quarterly report for the three months ended March 31, 2008,
reporting revenue of $65.2 million, and OIBDAN (operating income before
depreciation, amortization and non-cash compensation), excluding costs
related to the distribution of common stock of FX Real Estate and
Entertainment, Inc. (Nasdaq: ) and the proposed merger...
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Tactical Gamer (Free subscription) | 04/16/2008
Screennames Available: -atoMz Bad News Bears Barney Rubble Blotter Calamarian Circuitries CKx -Cyber Athlete D1ED -Destrukt Drafter -Elite Crew G4GE Geer Hott Ass J3M -Jenocide Joost Kam Kink -Ksharp Kuri Laserz Lea7 Leisure -LO3 LSD Trip -M4A1 Marz -MP5 -P0wned P3Z Phil Margera Rabi Rale Reel Ringside Rost Saps Saw 2 Sony Version Stroller Supposedly Sw1tch TAB Soda -teeL Theef Visers Volatize W01F...
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http://www.whynotad.com/rss (Free subscription) | 03/08/2008
muhammad ali is a boxing legend he sold the rights to his name and image this year for 50 million to licensing mastermind robert sillerman chief executive of ckx who adds the champ to his stableof iconic american brands that includes quotamerican idolquot and elvis presleysillerman dubbed his newly formed company goat a nod to alis nickname greatest of all time the threetime heavyweight champ will...
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Business Wire (Free subscription) | 03/07/2008
NEW YORK--(BUSINESS WIRE)--The source line should read: FX Real Estate and Entertainment Inc. (sted CKX, Inc.). The corrected release reads:
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reality blurred (Free subscription) | 03/06/2008
The American Idol franchise made $63,212,000 for its parent company 19 Entertainment last year, up from $47,211,000 in 2006, according to an SEC filing made by 19's parent company, CKX . The show actually earned $83,859,000 in 2007, but had expenses of $20,647,000. In 2006, though, the total revenue was $67,710,000, with expenses of $20,499,000 for a total of $47,211,000. (These numbers don't count...
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Idolator (Free subscription) | 03/05/2008
Thankfully, if you're a stockholder in CKX, a company dedicated to "ownership, development and commercial utilization of entertainment content", the answer isn't important, since all that revenue goes to the same bottom line. Nonetheless, it's a little shocking how much the CKX-controlled portion of Elvis' estate generates in income, especially since they don't control most of his musical catalog....
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Silicon Alley Insider (Free subscription) | 03/05/2008
You don't often get to read SEC documents guesstimating how much money a dead idol will make in the future. But today's our lucky day: Witness this filing from CKX, which owns an 85% stake in Elvis Presley Enterprises -- basically the rights to run Graceland and license the King's name. Not included: The rights to sell most of Elvis' actual music. But even without the ability to sell his songs, CKX...