'American Idol' creator Simon Fuller makes bid for CKX

Reuters reports that Idol creator Simon Fuller and an investor group made a $600 million takeover bid for CKX Inc., the corporation that owns the rights to the Idol television brand, among other intellectual properties. CKX’s founder Robert Sillerman had resigned as chief executive and chairman on May 7.

Comments (4 total) Add your comment
  • Otis

    Hope they have something other than the dwindling IDOL brand to be worth $600 million.

    • AL

      They also own Muhammad Ali’s and Elvis’ names and images.

  • Mark

    CKX’s assets and holdings at present include:
    Global Rights – Elvis Presley – the rights to the name, image and likeness of Elvis Presley, and the operations of Graceland.
    Majority Global Rights – Muhammad Ali – an 80% interest in the name, likeness, trademarks, and licensing agreements of Muhammad Ali including Ali’s “Greatest Of All Time” (or G.O.A.T.) slogan
    19 Entertainment – acquired from Simon Fuller in 2005 for $200 million. 19 owns, among other things, a share of the rights to the Idol series, including Pop Idol in Great Britain, American Idol in the United States, and numerous other international versions, and So You Think You Can Dance in the United States.
    Morra, Brezner, Steinberg & Tenenbaum Entertainment – purchased on 9 August 2005. MBST manages the careers of a number of Hollywood comedians, actors and directors. Clients include Robin Williams, Billy Crystal and Woody Allen. MBST has produced or co-produced a number of successful film and television including Arthur, Good Morning Vietnam, Throw Momma From the Train, The Vanishing, The Greatest Game Ever Played and Match Point.

    Seems like Fuller is low-balling them…

  • KACHINA321

    THIS GUY IS GOING TO LOSE HIS SHIRT ON AMERICAN IDOL. THE SHOW SUCKS NOW AND FOR RATINGS THEY HAVE TO SHOW THE PEOPLE WE CAN LAAUGH AT OR WITH. IT’S A JOKE NOW I DIDN’T SEE ONE SHOW THIS YEAR. THE FIRST FEW YEARS THEY HAD TALENT. TO MUCH OF THE SAME CRAP GETS OLD FAST. I THINK SIMMON AND PAULA GOT OUT AT THE RIGHT TIME.

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