Elvis
Presley Music - the man and his music
Elvis
Presley is the single most important figure in
American 20th century popular music. He was simply
the best, no one could argue with the fact that
he was the musician most responsible for popularizing
rock & roll on an international level.
Viewed
in cold sales figures, his impact was phenomenal.
Dozens upon dozens of international smashes from
the mid '50s to the '70s, as well as the steady
sales of his catalog and reissues since his death
in 1977, make him the single highest-selling
performer in music history.
Who
owns Elvis Presley's music?
RCA
Records owned all of Elvis' music recordings.
The RCA Records Label was bought by BMG in the
1980s and in 2004 BMG merged with Sony Music Entertainment
to become Sony BMG. Sony BMG owns Elvis' recordings
and they continue to use the RCA Records label
for issuing Elvis releases. They also have a special
Elvis collectors label, Follow
That Dream Records.
The
various composers/publishers own the songs themselves.
People get confused about the ownership of the
recordings with that of the songs. Also, they
get confused about a deal Elvis and his manager
made with RCA in 1973.
Here
is our attempt to sort it all out for you:
The
Recordings
Elvis
began his recording career with Sun
Records in Memphis in the summer
of 1954. Sun Records owner/producer Sam
Phillips sold Elvis' recording contract
and the catalog of Elvis' Sun recordings to RCA
in the fall of 1955. Elvis began recording for
RCA in January 1956 and continued under contract
with RCA for the rest of his life. Elvis never
had ownership in his Sun or RCA recordings. Elvis
received an artist's royalty on record sales,
per the terms of his contracts with the record
company. That's typically how it's done.
The
March 1973 Deal
In
March 1973, Elvis and and his manager, Colonel
Tom Parker, went to the record company
proposing that Elvis get a large lump sum payment
in lieu of all his future artist's royalties for
ongoing sales of anything he had recorded up to
that time. The deal was made. RCA paid $5.4 million,
which Elvis and the Colonel split 50-50. That
meant Elvis no longer got (EPE today does not
get) his artist's royalties for the ongoing sales
of any recordings created before the March 1973
deal. However, Elvis did continue (EPE today continues)
to get his artist's royalties on sales of recordings
created after the March 1973 deal. Some people
misunderstand and think that Elvis had a share
in the ownership of his recordings and that this
is what he sold to RCA. He did not.
Elvis
Presley Music Publishing
Totally
separate from the ownership of Elvis' recordings
is the ownership of the songs themselves. Elvis
recorded over 700 songs. Elvis,
through his own publishing companies (Elvis
Presley Music, Gladys Music, Whitehaven Music and Elvis
Music, Inc.) was part owner (typically
half or third) of a great many of the songs he
recorded and even some songs he did not record.
Hill & Range Music, owned by brothers Julian
and Jean Aberbach, was his publishing partner
for the most part. Typically, in the deals made
with the publishing companies, the composers retain
a share. The publishing companies manage the material.
Elvis
did not sell his publishing interests. EPE still
holds those interests and they are one of our
major assets. Thus, the 1973 deal regarding Elvis'
artist's royalties had no effect on his publisher's
royalties. Elvis continued to get (EPE still gets)
his publisher's royalties on sales of recordings
of songs he had publishing interest in, no matter
what date they were recorded. Elvis also recorded
many songs that he did not have publishing interest
in. Once in a while, per the contracts signed
in Elvis' lifetime, his publishing interests expire
on some songs.
Learn
More
For
the person who wants lots of detail, Peter Guralnick's
books Last
Train to Memphis and Careless
Love explain the evolution of Elvis'
recording and publishing deals rather well. These
two books, together with Ernst Jorgensen's Elvis
Presley, A Life in Music, The Complete Recording
Sessions, are recommended reading
for the person who wants to dive off into the
details and complexities of these topics.
Read more about Elvis Presley.
Books
about Elvis' Music
- Elvis
: The Concert Years 1969-1977
- Elvis
- The Complete Music Catalog
- Elvis A Life In Music - The Complete Recording Sessions
- Elvis
Presley Music on CD
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