ELVIS TOPS 'FORBES' DEAD CELEBRITY LIST ONCE AGAIN

Anything about Elvis
More than 100 Million visitors can't be wrong

Moderators: Moderator5, Moderator3, FECC-Moderator, Site Mechanic

Post Reply


Topic author
Brian Quinn
Posts: 4592
Registered for: 20 years 11 months
Location: Caddington, England
Has thanked: 1671 times
Been thanked: 1965 times
Age: 79

ELVIS TOPS 'FORBES' DEAD CELEBRITY LIST ONCE AGAIN

#210772

Post by Brian Quinn »

Elvis has topped the 'Forbes' List yet again. Please go to the following URL:

http://www.Forbes.com/home/lists/2005/10/25/highest-earning-dead-celebrities_deadceleb05_land.html

ALSO DO NOT FORGET TO TAKE THE POLL.


Brian :D




joshua
Posts: 5
Registered for: 20 years 3 months

elvis tops poll again

#210777

Post by joshua »

hi brian

done the poll. but the list 'its cryin time again'



User avatar

Lakeisha
Posts: 325
Registered for: 20 years 11 months
Location: Memphis, Tennessee
Been thanked: 1 time

#210778

Post by Lakeisha »

I think that's like 10 straight years now?

One of the main reason's though that Elvis tops this list yearly is because of Graceland being opened to the public and the money it brings in yearly. If Graceland ever closed or God forbid was destroyed by man or mother nature, then Elvis would fall from the top of that list. We as a city would suffer the most because of the finacial income that Elvis and Graceland brings to Memphis daily.

His record sales do also play a part in his yearly earnings. He sells an average of something like 8-10 million units worldwide yearly. Which is more than any other artist living or dead.

In 2002, didn't Elvis sell like 20 million that year alone, with the success of E1 and the 25th anniversary?




Marko
Posts: 3246
Registered for: 20 years 6 months
Location: Helsinki, Finland
Has thanked: 345 times
Been thanked: 270 times

#210783

Post by Marko »

Lakeisha wrote: His record sales do also play a part in his yearly earnings. He sells an average of something like 8-10 million units worldwide yearly. Which is more than any other artist living or dead.
Yeah, too bad though that EPE doesn't get much royalties since Elvis and Parker sold the royalty rights of all recordings made before 1 March 1973. I think Graceland operations made a loss during the first quarter of this year so it would seem that the most profit from Graceland is made during the summer peak period. It was the licencing rights that brough in money during the first quarter of the year. No wonder that they are happy selling tacky looking jumpsuits etc.


"I've learned very early in life, without a song, the day would never end. Without a song, a man ain't got a friend. Without a song, the road would never bend, without a song. So I'll keep on singing the song."

User avatar

Melanie
Posts: 1063
Registered for: 19 years 6 months
Location: Deutschland
Age: 41

#210793

Post by Melanie »

According to other articles, an estimated $45 million in the past year.




Marko
Posts: 3246
Registered for: 20 years 6 months
Location: Helsinki, Finland
Has thanked: 345 times
Been thanked: 270 times

#210827

Post by Marko »

EPE could be making much more money if they would receive royalties from the recordings. Let's say Elvis sells 10 million records every year. A cd costs about 20 dollars. The royalty rate could be let's say 20 % (it's been estimated that after years of legal battle Beatles got their rate up to 20-25 % which about as high as it can go). 10 million records at 20 dollars each is 200 million dollars a year. 20 % royalty of that is 40 million. That's just for one year. In 2002 with the #1 Hit collection the amount could've been double. The 5 cd collection of 50's recordings (The King of Rock and Roll) sold over 500,000 copies at 80 dollars each. That alone would have brought 8 million dollars in royalties.

No wonder that one unnamed sourse at EPE said that the royalties that they receive are so small it makes your head ache. Priscilla must've been kicking herself when she realised after Elvis died that Elvis sold his royalty rights to pay Priscilla for her divorce settlement. EPE had their change when they sued Parker and RCA in the 80's. According to their lawyer EPE would've won the case but made a deal because they didn't think Parker would have lived so long.


"I've learned very early in life, without a song, the day would never end. Without a song, a man ain't got a friend. Without a song, the road would never bend, without a song. So I'll keep on singing the song."

User avatar

InMemphis
Posts: 351
Registered for: 19 years 11 months
Location: you never know
Been thanked: 1 time

#210864

Post by InMemphis »

that is an amazing accomplishment for Elvis, but even more incredible is that Charles Schultz's "Peanuts" comic strip can earn that much money in syndication.



User avatar

Gregory Nolan Jr.
Posts: 10373
Registered for: 20 years 11 months
Location: U.S. of A.
Has thanked: 661 times
Been thanked: 59 times

#210871

Post by Gregory Nolan Jr. »

Selling those jumpsuits didn't help? :evil:

Image


ELVIS Presley White Jumpsuit
Style: EP-CSTM1JMPST-001
Price: $39.99

For serious Elvis fans that want to go all out with their costume. This version includes a high collared shirt with red, white and blue glitter eagle, belt with gold glitter sequin insets. Entire costume is trimmed with gold ribbon. One size fits most.
Made in the USA
Chest: 42 inches - 44 inches / 33 inch inseam /
100% Polyester

Color: White
Size: One Size



:evil: :evil:


ImageImage
Image
http://rewoundradio.com/
On the Edge of Reality

User avatar

Lakeisha
Posts: 325
Registered for: 20 years 11 months
Location: Memphis, Tennessee
Been thanked: 1 time

#210897

Post by Lakeisha »

Gregory Nolan Jr. wrote:Selling those jumpsuits didn't help? :evil:

Image


ELVIS Presley White Jumpsuit
Style: EP-CSTM1JMPST-001
Price: $39.99

For serious Elvis fans that want to go all out with their costume. This version includes a high collared shirt with red, white and blue glitter eagle, belt with gold glitter sequin insets. Entire costume is trimmed with gold ribbon. One size fits most.
Made in the USA
Chest: 42 inches - 44 inches / 33 inch inseam /
100% Polyester

Color: White
Size: One Size



:evil: :evil:
I guess it would be a great Halloween costume if anything. That's about all it's good for.




Steve_M

#210915

Post by Steve_M »

Marko, was it the publishing royalties that Parker sold to RCA or the flat right to payment per disc sold ?



User avatar

KiwiAlan
Posts: 11660
Registered for: 20 years 11 months
Location: Wellington, New Zealand
Been thanked: 16 times

#210957

Post by KiwiAlan »

Lakeisha wrote: He sells an average of something like 8-10 million units worldwide yearly. Which is more than any other artist living or dead.

?

Is there any proof of either of these statements.

While I would like it to be true - it is hard to believe that sales volume with the crop of releases we have had this year and the lack of any meaningfull chart action.


When you get to the point where you really understand your computer, it's probably obsolete


Marko
Posts: 3246
Registered for: 20 years 6 months
Location: Helsinki, Finland
Has thanked: 345 times
Been thanked: 270 times

#210983

Post by Marko »

Steve_M wrote:Marko, was it the publishing royalties that Parker sold to RCA or the flat right to payment per disc sold ?
Steve,

It was Elvis's right to royalties for records that was sold. EPE still owns Elvis's music publishing companies or parts of them.

Also, it's been reported that after Elvis died that RCA agreed to pay some royalties as a token of good faith but this royalty cannot be much. You must remember that RCA had no legal obligation to pay it so it's just charity in their part.


"I've learned very early in life, without a song, the day would never end. Without a song, a man ain't got a friend. Without a song, the road would never bend, without a song. So I'll keep on singing the song."

User avatar

TJ
Posts: 7144
Registered for: 19 years 9 months
Has thanked: 27 times
Been thanked: 858 times
Contact:

#210984

Post by TJ »

KiwiAlan wrote:
Lakeisha wrote: He sells an average of something like 8-10 million units worldwide yearly. Which is more than any other artist living or dead.

?

Is there any proof of either of these statements.

While I would like it to be true - it is hard to believe that sales volume with the crop of releases we have had this year and the lack of any meaningfull chart action.
With sales spread out across so many releases and so many countries, I suppose it's possible to sell that amount without a real chart impact. Does seem rather high though.




Eileen
Posts: 411
Registered for: 20 years 7 months

#211032

Post by Eileen »

Marko wrote:Also, it's been reported that after Elvis died that RCA agreed to pay some royalties as a token of good faith but this royalty cannot be much. You must remember that RCA had no legal obligation to pay it so it's just charity in their part.
I don't have any facts about this so absolutely just my opinion. I don't think RCA pays any 'charity' royalty because:
a) the EPE website says they do not get these royalties
b) the reports I've read have all been like yours - fans saying "I heard...", "It's been reported....", "Someone said...."
c) I believe there could be legal trouble for a public corporation to be giving out unreported and non-contracted 'charity' payments to a favored client.

I have read in several articles about EPE that they get some additional revenue from name/likeness licensing for his record releases, plus they get some publishing revenue. Plus it seems like the comps always have some incongruous number like the 77 'My Way' tacked on, possibly to keep good relations and feed royalties that way. It wouldn't surprise me if some confused fan turned any or all of this into a report of 'extra' royalties and now the tale just won't die.

However it's just a guess, I could be completely wrong.

Eileen


This post is for readers of the FECC forum. Permission to copy this post elsewhere is not granted.


Marko
Posts: 3246
Registered for: 20 years 6 months
Location: Helsinki, Finland
Has thanked: 345 times
Been thanked: 270 times

#211045

Post by Marko »

Eileen wrote:
Marko wrote:Also, it's been reported that after Elvis died that RCA agreed to pay some royalties as a token of good faith but this royalty cannot be much. You must remember that RCA had no legal obligation to pay it so it's just charity in their part.
I don't have any facts about this so absolutely just my opinion. I don't think RCA pays any 'charity' royalty because:
a) the EPE website says they do not get these royalties
b) the reports I've read have all been like yours - fans saying "I heard...", "It's been reported....", "Someone said...."
c) I believe there could be legal trouble for a public corporation to be giving out unreported and non-contracted 'charity' payments to a favored client.

I have read in several articles about EPE that they get some additional revenue from name/likeness licensing for his record releases, plus they get some publishing revenue. Plus it seems like the comps always have some incongruous number like the 77 'My Way' tacked on, possibly to keep good relations and feed royalties that way. It wouldn't surprise me if some confused fan turned any or all of this into a report of 'extra' royalties and now the tale just won't die.

However it's just a guess, I could be completely wrong.

Eileen
Good points, Eileen. My information is based on the book Elvis Inc, Fall and Rise of the Presley empire by Sean O'Neal. I haven't seen it mentioned anywhere else. According to the book an agreement was reached where RCA/BMG would pay the Estate royalties on future compilations. I haven't seen it mentioned anywhere else but O'Neal seems to have inside information.

I don't think there would be legal trouble if the agreement was done to avoid costly legal battle.


"I've learned very early in life, without a song, the day would never end. Without a song, a man ain't got a friend. Without a song, the road would never bend, without a song. So I'll keep on singing the song."


Eileen
Posts: 411
Registered for: 20 years 7 months

#211053

Post by Eileen »

Thanks for the info Marko :) Time for me to re-read that book then! Although I would still have to wonder why EPE would deny it so bluntly:

EPE today does not get his artist's royalties for the ongoing sales of any recordings created before the March 1973 deal

Perhaps there was an arrangement initially but the arrangement ended for some reason, like when EPE gained the exclusive marketing rights that supposedly also hit the record releases.

Eileen


This post is for readers of the FECC forum. Permission to copy this post elsewhere is not granted.

User avatar

Gregory Nolan Jr.
Posts: 10373
Registered for: 20 years 11 months
Location: U.S. of A.
Has thanked: 661 times
Been thanked: 59 times

#211077

Post by Gregory Nolan Jr. »

Lakeisha wrote:I guess it would be a great Halloween costume if anything. That's about all it's good for.
Image

You might be able to pull that off, Lakeisha, but no one else should
try it. :wink: It's a dangerous business to even joke around with
the Elvis jumpsuit persona, that is, to take the "wink, wink: kitsch is
cool" approach with such a legend.

The fangs are already out about Elvis
being a washed-up, "Vegas," fat, "cheesy" (I hate that word),
drug-abusing loser.

Who would have thought that EPE would sink so low?

Ka-Ching, indeed!
Image


ImageImage
Image
http://rewoundradio.com/
On the Edge of Reality


Marco Aurelio
Posts: 732
Registered for: 19 years 2 months
Location: SAO PAULO, BRAZIL
Been thanked: 2 times

#211123

Post by Marco Aurelio »

Hey guys, you are forgetting that Elvis is only at the top of this list because of the sales of the Elvis Ducks!!! :twisted: :twisted: :twisted:


How many stars are in the sky ???? I´LL NEVER KNOW!

User avatar

Renan
Posts: 5089
Registered for: 19 years 4 months
Location: SAO PAULO, BRAZIL
Has thanked: 210 times
Been thanked: 210 times
Age: 38
Contact:

#211139

Post by Renan »

Marco Aurelio wrote:Hey guys, you are forgetting that Elvis is only at the top of this list because of the sales of the Elvis Ducks!!! :twisted: :twisted: :twisted:
Of course, since we know this was a fever for the kids.... :roll: :roll:


"Ain't it funny how time slips away...."


Steve_M

#211142

Post by Steve_M »

To get these ducks off the market for good, can we all spread a rumour that they are the source of the bird flu and carry the thingy strain of the virus, this H15N1 or whatever strain it is.




Marco Aurelio
Posts: 732
Registered for: 19 years 2 months
Location: SAO PAULO, BRAZIL
Been thanked: 2 times

#211145

Post by Marco Aurelio »

:wink: Good idea Steve!!!! I always suspected!!! :shock:


How many stars are in the sky ???? I´LL NEVER KNOW!

User avatar

Renan
Posts: 5089
Registered for: 19 years 4 months
Location: SAO PAULO, BRAZIL
Has thanked: 210 times
Been thanked: 210 times
Age: 38
Contact:

#211181

Post by Renan »

I knew this since this flu spread......


"Ain't it funny how time slips away...."

User avatar

elvisjnr
Posts: 342
Registered for: 19 years 5 months
Location: australia
Contact:

#211407

Post by elvisjnr »

i saw the news on t.v, and was very pleased. footage of 'heartbreak hotel' from the dorsey show was used, but this time he was in a white tux, and i'd never seent he footage before. then they had an array of good pictures from the 50s to, i think, 73, they were quite unknown pics too

and then, they had a DEVASTATING pic of E in 77, he looks terrible. it brought home how bad he was in 77. i said 'oh no', it looked horrible. i can't remeber the exact date, but it was may 20 somethiung I THINK. but he looked devastatingly bad :cry:


we want Elvis! we want Elvis! we want Elvis on tour!

User avatar

Gregory Nolan Jr.
Posts: 10373
Registered for: 20 years 11 months
Location: U.S. of A.
Has thanked: 661 times
Been thanked: 59 times

#211862

Post by Gregory Nolan Jr. »

It seems those '77 shots will never go away.

It's a pity EPE played such hardball with the BBC last year
that they ended up using them there as well when the singles
re-charted..


ImageImage
Image
http://rewoundradio.com/
On the Edge of Reality

User avatar

ColinB
Posts: 29384
Registered for: 20 years 11 months
Location: Gravesend, UK
Has thanked: 73 times
Been thanked: 101 times
Contact:

#211908

Post by ColinB »

Marko wrote:
Steve_M wrote:Marko, was it the publishing royalties that Parker sold to RCA or the flat right to payment per disc sold ?
Steve,

It was Elvis's right to royalties for records that was sold. EPE still owns Elvis's music publishing companies or parts of them.

Also, it's been reported that after Elvis died that RCA agreed to pay some royalties as a token of good faith but this royalty cannot be much. You must remember that RCA had no legal obligation to pay it so it's just charity in their part.
Well, the royalties on stuff recorded before March, 1973, in fact.

From the EPE site:
THE MARCH 1973 DEAL

In March 1973, Elvis and and his manager, Colonel Tom Parker, went to the record company proposing that Elvis get a large lump sum payment in lieu of all his future artist's royalties for ongoing sales of anything he had recorded up to that time.
The deal was made.
RCA paid $5.4 million, which Elvis and the Colonel split 50-50.
That meant Elvis no longer got (EPE today does not get) his artist's royalties for the ongoing sales of any recordings created before the March 1973 deal.
However, Elvis did continue (EPE today continues) to get his artist's royalties on sales of recordings created after the March 1973 deal.
Some people misunderstand and think that Elvis had a share in the ownership of his recordings and that this is what he sold to RCA.
He did not.
He couldn't because he never had ownership.


Colin B
Judge a man not by his answers, but by his questions - Voltaire
Post Reply