Elvis Presley remains an inexhaustible source of wealth, 35 years after his death, through the manufacturing of many products of his talent. Graceland to show Elvis
Viva, produced by Cirque du Soleil in Las Vegas, the icon generates millions of dollars in revenue each year.
According to Forbes magazine, in 2012, the King was the artist had died and his heirs received the most fees, or U.S. $ 55 million in royalties from the sale of its
success.
In Quebec, the latest project in contention, “In the shoes of Elvis”, produced by Tandem Music, will be launched on September 25th, with artists Eric Lapointe,
Isabelle Boulay, Martin Deschamps, Mario Pelchat and Melissa Bedard.
Quebec production company promises a show that will visit 20 cities, a contest, an album and a shop offering a wide selection of official Elvis Presley merchandise.
“Elvis remains in the Top 3 of deceased artists most lucrative,” says the chronicler artistic Erick Remy.
Last June, the production company Digital Domain Digital Media Group announced it has signed an exclusive agreement with Core Media Group, owner of CKX Entertainment
and Elvis Presley Enterprises (EPE), the two firms that manage the estate of The artist died on 16 August 1977.
The New York firm intends to develop, produce and disseminate a series of holograms showing a range of shows and appearances in movies and on television of Elvis
Presley, for resale throughout the world.
The American company CKX in 2005 became the owner of 85% interest in the image of Elvis Presley, and Graceland, the property of 13.6 acres, where he was found dead in
Memphis, Tennessee.
If the death of Elvis Presley’s property was worth U.S. $ 5 million, it is now estimated at U.S. $ 100 million. Sources said that his heir, daughter Lisa Marie, the
area had sold for a sum of U.S. $ 100 million.
At that time, the market value of CKX peaked outstanding of $ 28 U.S. per share, and then relapse and gradually lose over 50% of its value, for today is to list U.S. $
11.51.
Graceland generates between 60 to U.S. $ 65 million per year, thanks to the visit of nearly 600,000 people. For the week of festivities commemorating the anniversary
of his death, more than 250 new products were marketed.
“Graceland and record sales are the best source of revenue related to Elvis. United States is more than an icon is a symbol of success, a true real American, “says
host Mike Gauthier.
Source:
http://www.ezinemarketing.co/349117/elvis-presley-continues-to-generate-great-fortunes.html