http://www.riaa.com/news/marketingdata/pdf/2005consumerprofile.pdf
The RIAA® Gold® and Platinum® Awards program was launched in 1958 in an effort to create a standard by which to measure sales of a sound recording. In the beginning, there was only a Gold® album award for the sale of 500,000 copies. As the industry grew, other awards were developed. The Platinum® award (1,000,000 sold) was created in 1976 and with the advent of the compact disc and the subsequent increase in sales, the Multi-Platinum™ award was created in 1984. On March 16, 1999, the RIAA® launched the Diamond® Awards, honoring sales of 10 million copies or more of an album or single.
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"Elvis Presley, quite simply, is an American icon," said RIAA Chairman Bainwol. "As such an important musical, historical and cultural figure, we're thrilled to be able to make this announcement - his overall album sales total climbed to 117.5 million as announced Jan 2004.
on aug 20th 1977 Elvis Presley's funeral was held at his Graceland estate in Memphis, and more than 75,000 fans gathered outside.
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