CORE Media Group is said to be testing the market to sell off Elvis Presley’s Graceland mansion and rights to images of Presley and Muhammad Ali. The Financial Times reports the assets could fetch more than $200M. Citing people familiar with the matter, the FT says CORE, which co-produces American Idol, is eyeing bidders in Asia, Europe and the U.S. for Elvis Presley Enterprises and Muhammad Ali Enterprises. The Raine Group has been hired to advise. However, if it is not satisfied with offers, CORE could retain the properties. Combined, the assets generate about $60M a year in revenues.
It was a very funny, sometimes touching, but mostly uproarious tribute Sunday afternoon at the Writers Guild Theatre in Beverly Hills. The WGA West and the Writers Guild Foundation along with the Kanter family held a well produced and attended memorial for one of their most illustrious members, Hal Kanter, who passed away in November at age 92. The three-time Emmy winner (and seven time nominee) was also believed to be the only person ever to win all three of the Guild’s prestigious special honors – the Morgan Cox award for service to the WGA, the Paddy Chayefsky Laurel Award, the Valentine Davies Award.
And why not? As was very evident from this memorial, Kanter was one of the most versatile and productive comedy writers ever. He belonged to a golden era when that was possible. It’s hard to imagine a young writer today forging the same kind of long-lasting career Kanter, and others in his generation, were able to have over the course of seven decades in the business. Writing is tough and unforgiving – and most of its practitioners, particularly in television, are used up and tossed out after several years. It was clear from all the clips and personal anecdotes that the show business Kanter loved and lived in doesn’t exist anymore. Writers who want that kind of longevity in a career probably will have to try another profession. But keeping relevant was never a problem for Hal Kanter who it was noted was still preparing to write another screenplay, even in his 90s. He was also a producer, director, raconteur, master of ceremonies, playwright, author and all around wit. As Kanter said in a clip from one of his many appearances at a WGA awards show banquet, “I was born with a compulsion to amuse. And if my work has inspired anyone to become a comedy writer, I apologize.”
Veteran screenwriter, producer and director Hal Kanter died Sunday of complications of pneumonia in Encino, his daughter Donna Kanter told the Los Angeles Times. He was 92. “He was considered one of the wits of the industry,” said Carl Reiner, upon learning of Kanter’s death. ”He was a funny elder statesman, and there’s nothing better.” In a career that spanned several decades, Kanter worked in radio, TV and movies. He wrote for Bob Hope and Bing Crosby and for Jerry Lewis and Dean Martin. Kanter directed Elvis Presley in Loving You which he co-wrote and he wrote the screenplaly for Blue Hawaii. He even collaborated with Tennessee Williams on the 1955 movie version of The Rose Tatoo. Among other movie credits were George Cukor’s Let’s Make Love, with Marilyn Monroe and Yves Montand and Frank Capra’s Pocketful of Miracles.
His numerous TV credits included creation of the landmark sitcom Julia, for which Diahann Carroll became the first black actress to star in her own sitcom whose character was a professional woman rather than a maid. He also worked briefly on All in the Family and was a writer and produceer on Chico and the Man. His association with the Oscars as a writer on the ceremony began in 1952 when it still on radio and continued for more than 30 years. In 1991 and ’92 he shared Emmys for writing duties on the Oscar show telecast. His other Emmy was for The George Gobel Show.