Home Entertainment Elvis Presley: Who will get Elvis Presley’s royalties? Does Lisa Marie personal Elvis’ music? | Music | Leisure-Autopresse.eu

Elvis Presley: Who will get Elvis Presley’s royalties? Does Lisa Marie personal Elvis’ music? | Music | Leisure-Autopresse.eu

Elvis Presley: Who will get Elvis Presley’s royalties? Does Lisa Marie personal Elvis’ music? | Music | Leisure-Autopresse.eu

Elvis Presley: Who will get Elvis Presley’s royalties? Does Lisa Marie personal Elvis’ music? | Music | Leisure

2020-09-08 21:19:17

Nonetheless, Sam bought this contract and {the catalogue} of songs made at Solar Data to RCA, a file firm, in late 1955, after which Elvis remained underneath contract to RCA.

He acquired an artist’s royalties on file gross sales, which have been a part of the contract he had negotiated.

Nonetheless, in March 1973, Colonel Tom and Elvis went to RCA, suggesting Elvis be given a lump sum in lieu of all future artist’s royalties for something recorded as much as that point.

In fact, by 1973, Elvis had fairly the again catalogue to work with, that means this is able to have earned RCA an enormous amount of cash.

The deal was achieved, and RCA paid Elvis and Colonel Tom $5.4million (£4.2m) for the artist royalties, which was then break up equally between the 2 males.

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