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 Elvis In 2013: Making $190million.

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Sean
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Elvis In 2013: Making $190million. Empty
PostSubject: Elvis In 2013: Making $190million.   Elvis In 2013: Making $190million. Icon_minitimeThu Mar 06, 2008 9:07 pm

You don't often get to read SEC documents guesstimating how much money a dead idol will make in the future. But today's our lucky day: Witness this filing from CKX, which owns an 85% stake in Elvis Presley Enterprises -- basically the rights to run Graceland and license the King's name. Not included: The rights to sell most of Elvis' actual music.

But even without the ability to sell his songs, CKX says Elvis will generate $68.8 million for them this year. Not bad for a guy who died in 1977. But the future looks even brighter: CKX says that Elvis hotels, casinos and other projects will bump that number up to $189 million by 2013. Which makes Frank Sinatra's $50 million payday last year look like bupkis.
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