Rock 'n' roll legend Elvis Presley has ceded his crown to Nirvana lead singer Kurt Cobain on Forbes.com's list as the top-earning dead celebrity.
The list, published today, said grunge rocker Cobain earned $50 million between October 2005 and October 2006.
Presley wound up in the number two slot with $42 million, down from last year's $45 million.
Forbes.com bases its dollar amounts on licensing deals for using the deceased celebrities' work or image in advertising or elsewhere.
This was Cobain's first time on the list in its six years of publication.
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