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Who owns the rights to Elvis Presley’s music royalties and estate?
Presley's estate, known as Elvis Presley Enterprises, Inc., consists of Graceland in Memphis, the licensing of Elvis products, and the creation of music, internet, or other media associated with the musician's image. Regrettably, after Presley's death, his entire estate was valued at only about $5 mRead more
Presley’s estate, known as Elvis Presley Enterprises, Inc., consists of Graceland in Memphis, the licensing of Elvis products, and the creation of music, internet, or other media associated with the musician’s image. Regrettably, after Presley’s death, his entire estate was valued at only about $5 million, and he was mostly in debt, mainly due to his reputation for extravagant spending. Ultimately, the estate management costs were projected to exceed annual revenue, creating a difficult situation for those overseeing EPE.
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