Elvis Presley wealth: Does Elvis still make money after his death? How much?
The deal was done, and RCA paid Elvis and Colonel Tom $5.4million (£4.2m) for the artist royalties, which was then split equally between the two men.
The amount would be equal to $31,5m (£24,3m) in today’s money.
As a result, Lisa Marie does not own the artist’s royalties on sales of recordings made before March 1973, however the Elvis Presley Enterprises (EPE) does own his artist’s royalties on sales of recordings made after that date, which still earns them a hefty sum.
EPE also still holds the publishing rights to all of the songs recorded by Elvis, which equals around 700, as they were part owned by Elvis through his various publishing companies.
Published at Fri, 11 Sep 2020 17:05:24 +0000
