Simon Fuller, 49, known as the creator of ‘American Idol’, is said to be stepping down as the executive of the show. He’s planning to start his own show entertainment production company, left CKX Inc., the company, which owns a majority stake in Elvis Presley’s Graceland mansion, reports Contactmusic. Other than this, the said TV producer has also sold 19 Entertainment, a firm in which he founded in 1985 to CKX for 500 million dollars last 2005. At the moment he is taking part in the new TV talent show and soon to be joining the notorious blogger Perez Hilton in searching for a new boy band!

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