Elvis for Everyone: King Reigns in Birthday Bond Offering

Elvis for Everyone: King Reigns in Birthday Bond Offering

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Business

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The transcript discusses the enduring popularity of Elvis Presley, highlighting the significant number of visitors to Graceland, his legendary home. Despite his death in 1977, Elvis remains a cultural icon, with plans for major upgrades to Graceland, including a new hotel, funded by $125 million in bonds. These bonds are considered risky as they depend on future tourism revenue. The estate aims to keep Elvis relevant through social media and new digital channels. Elvis's financial legacy is notable, with substantial earnings even after his death, similar to other celebrities like Michael Jackson and Marilyn Monroe.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of Graceland visitors were born after Elvis's death?

30%

50%

40%

60%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the $125 million bonds issued for Graceland?

To create a new theme park

To build a new museum

To renovate Elvis's mansion

To fund a 450-room hotel

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential risk associated with the bonds issued for Graceland?

They are backed by government funds

They are interest-free

They have no repayment period

They depend on tourism revenue

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which platform is being launched to keep Elvis's legacy alive?

A new Facebook page

A new Spotify channel

A new TikTok channel

A new Instagram account

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did Elvis earn posthumously in 2014?

$18 million

$25 million

$125 million

$50 million