According to Reuters, Priscilla Presley, the King of Rock and Roll’s ex-wife, will participate in the jewelry auction on August 27 of a collection that Elvis Presley donated to Colonel Tom Parker, his manager.
For the event, which auction house GWS Auctions is organizing, 200 objects have been brought in, including gem-encrusted gold rings, cufflinks, watches, and necklaces. The guitar that Elvis Presley famously played in his 1968 Televised “Comeback” is one of the objects up for auction.
Oh, that will undoubtedly trigger memories, Priscilla Presley said.
She stated that her ex-husband’s habit of routinely purchasing jewelry for Parker but lacking any other ideas for gifts for her was a running joke. She replied the manager already had everything he needed.
Since she created some of the goods, such as the TCB Band logo relics and the musicians that formed the band that supported Presley in his later years, according to Priscilla Presley, she claimed to be protective of them.
Priscilla Presley mentioned that she had become tired of people trying to get rid of bogus products as one of the reasons why she backed the auction.
I’m concerned because so many of these things are false, she remarked.
“I want to know for sure that they’re going to end up with someone who will take care of them, who will love them,” Priscilla Presley said.
The “king of rock-and-roll” Elvis Presley’s music library, which includes well-known songs like “Can’t Help Falling in Love” and “Jailhouse Rock,” has reportedly been acquired by Universal Music through a transaction with Authentic Brands Group, according to Reuters.
The Universal Music Publishing Group nevertheless argued that it would be able to profit from the usage of Elvis Presley’s music in media, such as films and television shows. The financial details of the acquisition were kept secret.
The copyrights of Authentic Brands Group presently shield the discography of Elvis Presley. This company’s portfolio also includes businesses with ties to Muhammad Ali and Marilyn Monroe.
Elvis Presley has sold more than 500 million albums and singles worldwide, making him the best-selling solo artist of all time. With 114 songs, the American singer has the most songs to be listed in the Billboard Top 40.
Elvis Presley’s “Elvis: Aloha from Hawaii via Satellite” concert made history in the television and entertainment industries in 1973. It was the first live performance to be televised through satellite all across the world.
The news on Tuesday came at a time when businesses in the music industry are attempting to boost income by buying or managing artists’ music vaults in light of the epidemic’s influence on the timing of new album releases and a reduction in streaming revenue.
David Bowie’s complete career was recently purchased by Warner Music Group’s song publishing division, and Sting, a late British artist, sold his entire back catalog to Universal Music.
