What do Elvis and American Idol have in common?

Written By Tamera H. Bennett

by: Tamera H. Bennett Robert Sillerman, a Wall Street entrepreneur, is the proud new owner of Elvis Presley Enterprises and 19 Entertainment which owned American Idol.

The King's revenues have been stagnant at $40 million per year and with a purchase price exceeding $190 million in cash, stocks and debt reduction, Mr. Sillerman will need a few years to recoup his investment.

On the American Idol front, Mr. Sillerman can expect to receive per episode revenues from Fox Television that exceed $1.2 million. Mr. Sillerman purchased 19 Entertainment for $196 million.

Tamera H. Bennett

Tamera H. Bennett is a wife, mom, lawyer, mediator, blogger, podcaster, and legal writer. For two decades she’s helped clients protect what they create by practicing trademark, copyright and entertainment law in Texas and Tennessee.

Tamera has co-hosted more than 85 episodes of the Entertainment Law Update Podcast since 2009. And, she’s been honored to write for BILLBOARD magazine and the TEXAS LAWYER.

In the summer of 2015, Tamera backpacked 100 miles over 10 days with her son's Boy Scout Troop. Tamera walked her first half-marathon in 2012 and walked the Cowtown Half Marathon in February 2016 and February 2017 with a PR each time. You can visit Tamera’s blog at createprotect.com and follow her on Twitter @tamerabennett.

http://www.tbennettlaw.com
Previous

"Flip This" Lawsuit
Next

Starbucks, Sambucks, Starboch, Charbucks, Xingbake