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|40 YEARS ON, HOW ELVIS WILL LEAVE THE CHARTS ALL SHOOK UP
August 02, 2017 - Forbes / Elvis Express Radio
|Elvis Presley may soon be back as the king of the charts as his earnings potential surges on the 40th anniversary of his tragic death. Presley, who came in fourth last year in the
Forbes List of Top-Earning Dead Celebrities with $27 million, will be boosted by events such as the re-release of his triple album The 50 Greatest Hits.
The album, out on August 11, is just one product out of many set to boost the tally of more than one billion records worldwide already sold by the King of Rock ‘n’ Roll.
Presley still moves more than 1 million albums per year, most of them physical – music-industry analysts said the demographic of his fans tends to be a little older than average, with
such purchasers favoring CDs or vinyl over downloads or digital; a lot of the more recent Elvis products have been elaborate box sets.
Even so, the Presley income stream from music is dwarfed by the cash that still flows in from Graceland, Memphis. Presley died at his Tennessee mansion on August 16 1977 aged
He has never left the building in the sense that it has become a place of pilgrimage for his fans worldwide, especially to mark the anniversary of his death. Organizers of the annual
Elvis Week say that they are expecting this year’s festival to be the biggest ever.
This time fans can sleep at Graceland, thanks to a new Elvis-inspired hotel, Guest House at Graceland, which is open for its first Elvis Week after being previewed late last year. Its
Elvis-themed rooms include the King’s Suite, which features a TV set on the ceiling above the bed, just like at the main Graceland.
RCA/Legacy has also just released (July 28) Elvis Presley - A Boy From Tupelo: The Complete 1953-1955 Recordings. This lavish set expanded on the likes of The Sun Sessions
and is the most comprehensive early Elvis library assembled.
Over three discs, it includes every known Sun Records master and outtake, along with live and radio recordings and even Presley’s self-financed first acetates.
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