The BBC reports that Elvis Presley has topped the list of highest-earning dead celebrities with an annual income of $40 million. This revenue comes not only from copyright royalties, but also from merchandising activities. The full list, compiled by Forbes.com is as follows:
1. Elvis Presley $40m (£22m) 2. Charles Schulz $35m (£19m) 3. JRR Tolkien $23m (£12.5m) 4. John Lennon $21m (£11m) 5. Theodor "Dr. Seuss" Geisel $18m (£10m) 6. Marilyn Monroe $8m (£4.3m) 7. George Harrison $7m (£3.8m) =7. Irving Berlin $7m =7. Bob Marley $7m 10. Richard Rodgers $6.5m 11. George and Ira Gershwin $6m =11. Jimi Hendrix $6m =11. Alan Jay Lerner and Frederick Loewe $6m =11. Cole Porter $6m 15. James Dean $5m (£2.7m) =15. Dale Earnhardt Sr $5m =15. Jerry Garcia $5m =15. Freddie Mercury $5m =15. Tupac Shakur $5m =15. Frank Sinatra $5m
Though most celebrities’ earning power falls dramatically after their deaths, for a select few it keeps on growing according to a Forbes spokesman.
The IPKat says that this goes to show that while everyone must die eventually, even the rich and famous, the value of a good IP portfolio is immortal.
Tuesday, 26 October 2004
Posted by Unknown at 5:40:00 p.m.