CKx, Inc. announced today that Robert F.X. Sillerman has resigned as Chairman and Chief Executive Officer of the Company and from the Company's board, effective immediately. Mr. Sillerman cited as the reason for his resignation a desire to pursue other interests, including the possible acquisition of CKx as well as a desire to allow the Board to evaluate its strategic options should he pursue such an acquisition. Mr. Sillerman founded the Company and has served as its Chairman and Chief Executive Officer of the Company since its inception in 2005. Mr. Sillerman will continue as a consultant to the Company. Mr. Sillerman is also the Company's largest shareholder.The board of directors of the company announced that director Edward Bleier was appointed as chairman of the board and that Michael G. Ferrel, a former director and president of the company, will serve as acting chief executive officer. "The board would like to thank Bob for his many contributions to CKx and for his leadership over the past five years and his unparalleled commitment to the company," said CKx chairman Edward Bleier. "Bob has a long track record of building several successful enterprises and providing billions of dollars in return to investors. We're thrilled that Bob will continue to assist CKx as a consultant."Michael G. Ferrel, acting chief executive officer of CKx stated, "CKx has an excellent set of core assets that continue to be terrific performers for the company. I look forward to working with the board and management team to drive growth and to capitalize on the many opportunities ahead."The company also stated that it presently intends to release its first quarter earnings on Monday, May 10, and plans to host an investor call following the release.Edward Bleier has served on the CKx board of directors since 2005. Mr. Bleier is a director of RealNetworks, Inc., a leading Internet creator of digital media services and software. For 34 years, until his retirement as Senior Advisor in December 2003, Mr. Bleier was an executive of Warner Bros., Inc. From 1986 through 2000, he was President of the division responsible for broadcast and cable networks, pay-television and video-on-demand. He also previously served on Warner Communications' strategy committee, as President of Warner Bros. Animation, and overseeing the broadcast of certain sports properties. In May 2005, Mr. Bleier was appointed to the Board of Directors of Blockbuster, Inc. Mr. Bleier is currently a trustee of The Charles A. Dana Foundation, a member of the Advisory Board of Drakontas, Inc. and a member of the Council on Foreign Relations. Michael G. Ferrel served as President, director and Member of the Office of the Chairman of CKX from May 2005 through November 2008. From August 2000 through May 2005, Mr. Ferrel served as President and Chief Executive Officer of FXM, Inc., a private investment firm. Mr. Ferrel served as President, Chief Executive Officer, Member of the Office of the Chairman and a director of SFX Entertainment, the largest owner and operator of venues for live entertainment in the United States (now a subsidiary of Live Nation) from December 1997 through August 2000.About CKx, Inc.

CKx, Inc. is engaged in the ownership, development and commercial utilization of entertainment content. To date, the Company has focused on acquiring globally recognized entertainment content and related assets, including the rights to the name, image and likeness of Elvis Presley, the operations of Graceland, the rights to the name, image and likeness of Muhammad Ali and proprietary rights to the IDOLS television brand, including the American Idol series in the United States and local adaptations of the IDOLS television show format which, collectively, air in more than 100 countries.



Forward Looking Statements

This document contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are those that predict or describe future events or trends and that do not relate solely to historical matters. You can generally identify forward-looking statements as statements containing the words "believe," "expect," "will," "anticipate," "intend," "estimate," "project," "assume" or other similar expressions, although not all forward-looking statements contain these identifying words. You should not place undue reliance on our forward-looking statements because the matters they describe are subject to known and unknown risks, uncertainties and other unpredictable factors, many of which are beyond our control, including whether Mr. Sillerman will pursue an acquisition of the company, the terms of any such acquisition, whether or not any such acquisition will be consummated and whether Mr. Sillerman will continue to serve as a consultant to the Company. There is also no assurance that we will be able to release our first quarter earnings on May 10 and hold an investor call thereafter or that we will not determine to postpone this release or to hold the call. Our forward-looking statements are based on the information currently available to us and speak only as of the date of this press release. We expressly disclaim any obligation to issue any updates or revisions to our forward-looking statements, even if subsequent events cause our expectations to change regarding the matters discussed in those statements.

NASDAQ CKXE

Price $5.55

hello! i don't understand that. what's the text about?

kurz das wichtigste

__________________
Hinweis in eigener Sache:
wenn du glaubst, dass ich mich dir gegenüber wie ein Arschloch verhalte, kannst du ziemlich sicher sein, dass du es verdient hast

what is CKx, Inc. ?

http://ir.ckx.com/
[google good, google friend]

__________________
Hinweis in eigener Sache:
wenn du glaubst, dass ich mich dir gegenüber wie ein Arschloch verhalte, kannst du ziemlich sicher sein, dass du es verdient hast

Hier in deutsch
http://pressetext.de/news/041217021/...llar-verkauft/
Elvis Presley für 100 Mio. Dollar verkauft
US-Medienunternehmer kauft Vermarktungsrechte des King of Rock

New York (pte/17.12.2004/11:17) - Der US-Medienunternehmer Robert Sillerman hat die Vermarktungsrechte der Rock-Legende und Popkultur-Ikone Elvis Presley gekauft. Wie die New York Times (NYT) heute, Freitag, berichtet, übernimmt Sillermans Unternehmen CKX Inc. 85 Prozent der Anteile an Elvis Presley Enterprises (EPE) http://www.elvis.com von der Tochter und einzigen Erbin Lisa Marie Presley. Das 1980 - drei Jahre nach dem Tod von Elvis - gegründete Unternehmen verfügt jedoch nicht über die Musik- und Filmrechte des King of Rock'n'Roll, sondern lediglich über den Namen bzw. die Marke Elvis Presley. Will Sillerman die 100 Mio. Dollar Investition in Gold verwandeln, muss er Elvis wiederauferstehen lassen.

Für die 85 Prozent zahlt Sillerman an Lisa Marie Presley 53 Mio. Dollar in bar und 22 Mio. Dollar in Aktien der neuen Sillerman-Firma CKX. Zusätzlich übernimmt er 25 Mio. Dollar an EPE-Schulden. 15 Prozent behält die Erbin der Rock-Legende. Damit hat sich Sillerman die Vermarktungsrechte für die Marke Elvis Presley gesichert, nicht aber Song- und Filmrechte. Sillerman übernimmt auch das Heartbreak Hotel gegenüber von Graceland und andere Immobilien von EPE. Graceland selbst bleibt allerdings im Besitz von Lisa Marie Presley. Ein Teil der Einnahmen aus dem Tourismuszentrum Graceland gehen auch an EPE.

EPE hat laut NYT im Jahr 2003 einen operativen Gewinn von zwölf Mio. Dollar bei einem Umsatz von 44,9 Mio. Dollar gemacht. In den neun Monaten bis September 2004 lag der operative Gewinn demnach bei 9,4 Mio. Dollar bei einem Umsatz von 37,9 Mio. Dollar. Das Wirtschaftsmagazin Forbes führt Elvis als den best verdienenden toten Star.

Sillerman hat in den 1980er-Jahren eine US-Radiokette aufgebaut und wieder verkauft. Danach begründete er eine Konzert-Promotionagentur, die er für 4,4 Mrd. Dollar an die Radiokette Clear Channel Communications verkaufte. (Ende)


Aussender: pressetext.austria
Redakteur: Erwin Schotzger
email: schotzger@pressetext.com
Tel. +43-1-81140-317

der artikel ist aber von 2004

__________________
Hinweis in eigener Sache:
wenn du glaubst, dass ich mich dir gegenüber wie ein Arschloch verhalte, kannst du ziemlich sicher sein, dass du es verdient hast

Ja habe ich zu spät gesehen.Sillerman hat verkauft und Alan Saphiro grehört es
jetzt