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Legal
Elvis sues Chrysalis
By CMU Editorial | Published on Tuesday 11 January 2011
So, this is nice for BMG, the new owners of Chrysalis, a five million dollar lawsuit. Hurrah.
Elvis Presley Enterprises, the company co-owned by Robert FX Silverman’s CKX Inc and Lisa Marie Presley, is suing the London-based music publisher over allegations it has underpaid them $5 million in royalties collected from Elvis’s songwriting credits.
EPE has a 50% interest in Presley’s publishing catalogue, which is managed by Chrysalis. They say that an audit of Chrysalis’ administration of those copyrights revealed various underpayments and other concerns.
Their lawsuit says they have been negotiating with Chrysalis for five years in relation to this dispute, but without reaching a satisfactory agreement.
