MEMPHIS, TN (CelebrityAccess MediaWire) — Songwriter Paul Terry King co- author of such hits as "Love in the First Degree," sung by Alabama, and "Idabel," sung by Elvis, is auctioning his interest in the only known available Elvis song titled "If I'd Only Bought Her Roses."
Presley and King co-wrote the song in 1973 and performed it privately. It was the last song written by Elvis and King prior to Elvis's death that remains unreleased and unpublished.
On December 16, 2004, show-biz wheeler dealer Robert FX Sillerman, who built live entertainment powerhouse SFX, agreed to pay $100 million to Lisa Marie Presley for an 85% controlling stake in Elvis Presley Enterprises.
The deal gives Sillerman the rights to use Presley's name and likeness, as well as the royalties from the King's music, films and TV specials. He plans to aggressively market the Elvis brand worldwide through his new company CKX (NY Daily News 12/16/2004).
With Sillerman's acquisition of the Presley's estate, Sillerman let this song slip through the cracks; and as of now, retains a minority interest in the song, "If I'd Only Bought Her Roses."
Paul Terry King now holds the majority interest 50%, in the last known unpublished song of Elvis Presley's estate. (See BMI.com, record # 6562846)
Devoted fans, music enthusiasts, entrepreneurs and or entertainers can now bid and get copyright and performance rights to one of the most prized possessions of the King himself, his music. This opportunity will never be available to the public again.
eBay will monitor bids and the auction is offered through eBay's trading partner Mike Waters of Sidon Investments LLC. Bidding opened Thursday at $10,000 at 8:30PM MST. For additional information go to eBay item #4074240562.
Winning bid will have controlling interest to the Elvis Presley-Terry King Copyright PAu-1-810-413 as recorded in the United States register of copyright and patent's office.