According to Reuters, the King of Rock and Roll’s ex-wife Priscilla Presley will assist in the August 27 auction of a collection of jewelry that Elvis Presley donated to Colonel Tom Parker, his manager.
For the event hosted by auction house GWS Auctions, 200 objects, including gem-encrusted gold rings, cufflinks, watches, and necklaces, have been brought in. The guitar Presley used during his renowned 1968 TV “comeback” is also among the objects up for auction.
According to Priscilla Presley, “Well, it will certainly bring back memories.”
The manager already had everything he needed, she continued, adding that it was a running joke for her ex-husband to continuously purchase or buy jewelry for Parker while having no idea of what else to get her.
Because she created some of the objects, such as the logo relics for the TCB Band, the musicians who formed the band behind Presley in his latter years, Priscilla Presley claimed to feel protective of them.
Priscilla Presley claimed that one reason she backed the auction was that she was sick of people trying to sell off bogus items.
I’m concerned since so many of the products are not real, she remarked.
Priscilla Presley continued, “I want to know for sure that they’re going to end up with someone who will take care of them, who will adore them.
In a transaction with Authentic Brands Group, Universal Music has purchased another iconic music library, that of US artist Elvis Presley, known as the “king of rock-and-roll,” which includes popular songs like “Can’t Help Falling in Love” and “Jailhouse Rock,” according to the Reuters news agency.
The acquisition’s financial details were not made public, but Universal Music Publishing Group claimed that it will be able to profit from the use of Elvis Presley’s songs in media, including films and television shows.
Authentic Brands Group now has the copyrights to Elvis Presley’s discography. This company’s portfolio also includes companies with ties to Muhammad Ali and Marilyn Monroe.
Over 500 million copies of Elvis Presley’s albums and singles have been sold worldwide, making him the best-selling solo artist of all time. The American performer also has 114 of his songs on the Billboard Top 40, which is the most of any musician ever.
Elvis Presley’s concert “Elvis: Aloha from Hawaii via Satellite” created television and entertainment history in 1973. It was the first live concert to be transmitted globally through satellite.
The statement on Tuesday came at a time when corporations in the music industry are attempting to boost revenue by buying or managing artists’ music catalogs after the epidemic delayed the release of new albums and reduced streaming profits.
Earlier this year, the late David Bowie’s complete discography was purchased by Warner Music Group’s song publishing division, and the late British musician Sting sold his entire music catalog to Universal Music.
