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CKX, Inc.

 
Hoover's Profile: CKX, Inc.
(NASDAQ (GS):CKXE)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
CKX, Inc.
650 Madison Ave.
New York, NY 10022
NY Tel. 212-838-3100
Fax 212-872-1473

Type: Public
On the web: http://ir.ckx.com
Employees: 629
Employee growth: 1.6%

CKX is ready to sing "Viva Las Vegas," but any performance will be critiqued by American Idol's Simon Cowell. The company controls 85% of Elvis Presley Enterprises, which manages the King's estate and licenses his likeness, songs, and name, and operates tours of Graceland. CKX also owns 19 Entertainment, the firm responsible for the American Idol TV show, and has a "long-term agreement" with Idol creator Simon Fuller. As such, it owns the rights to the IDOLS brand, which appears in more than 100 countries around the world. Additionally, CKX has an 80% stake in the name, image, likeness, and intellectual property of Muhammad Ali. Entertainment impresario Robert Sillerman owns about 30% of the company.

Key numbers for fiscal year ending December, 2008:
Sales: $288.1M
One year growth: 8.0%
Net income: $19.0M
Income growth: 56.1%

Officers:
Chairman and CEO: Robert F. X. Sillerman
COO: Mitchell J. Slater
EVP, CFO, and Treasurer: Thomas P. Benson

Competitors:
Brillstein
Gaylord Entertainment
Herschend Entertainment

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Wikipedia: CKX, Inc.
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CKX, Inc.
Type Public (NASDAQCKXE)
Founded February 7, 2005 (United States)
Headquarters New York City
Key people Robert F.X. Sillerman, CEO & Chairman
Simon Fuller, Director
Thomas P. Benson, CFO
Mitchell Slater, COO
Howard Tytel, General Counsel
Industry Entertainment
Products entertainment content, intellectual property services, American Idol/Idol series
Revenue 288.1 million USD (2008)
Employees 442
Subsidiaries 19 Entertainment, Elvis Presley Enterprises and Muhammad Ali Enterprises
Website ir.ckx.com

CKX, Inc. (NASDAQCKXE) is a company founded on February 7, 2005 that owns and develops entertainment content and intellectual property.

CKx, Inc. is engaged in the ownership, development and commercial utilization of entertainment content. To date, CKX 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 over 100 countries around the world. CKX plans to continue to make strategic acquisitions of, or partner or align with, companies or individuals that control various forms of established entertainment content, which may include intellectual property rights in music, film, television programming, written works and characters, rights to names, images and likenesses, video games, corporate brands and other related assets.

Contents

Background

The "C" and "K" stand for "Content is King", representing the focus of the company's business strategy to acquire established content, and then to improve, enhance and development the marketing of such content. The "X" takes the initial of founder Robert F.X. Sillerman. This is a trademark of many Sillerman companies, such as "SFX Entertainment" and "FXM Asset Management"

Before its foundation in 2005, and during the formation from 1986 to August 2002, the company operated a franchise of retail golf equipment, formerly known as Sports Entertainment Enterprises. In August 2002 the company sold all of its former assets. From September 2002 to February 2005, the company's main priority was to pursue a transaction with a business enterprise.

Assets and holdings

CKX's assets and holdings at present include:

References

External links


 
 
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