1956, Elvis Presley's single, 'Heartbreak Hotel' was released by RCA Records, who had just purchased Presley's contract from Sun Records for $35,000. The song sold 300,000 copies in its first week and would eventually sell over a million, becoming Elvis' first Gold record.
(FILES) Rock’n roll legend Elvis Presley is seen during a concert in a file picture taken in the 1950′s. (Photo credit should read -/AFP/Getty Images)