The album was recorded on the same day as his Good Times album was released. Elvis Recorded Live on Stage in Memphis was Presley's fifth live album in less than five years and the last to be issued in his lifetime.
In the United States, Elvis Recorded Live on Stage in Memphis topped Cashbox's Country album chart, reached number 2 on Billboard's Country chart, and reached the top 40 of the Top LPs & Tape listings (now known as the Billboard 200). It was Presley's last album to reach the top 40 until Moody Blue in 1977. Although the live album was not a major commercial success, it did produce the singer's third and final Grammy Award winner, "How Great Thou Art", which won for best inspirational performance. Two other gospel songs, "Why Me Lord" and "Help Me", are given an inspired performance. Another highlight is the Sun years classic "Trying to Get to You", a favorite live choice of Presley's, which suggested that he still had the power to belt it out when he chose to.
The live recording of "Let Me Be There" from this album was later used as filler on Presley's final studio album, Moody Blue. It was also issued as a promotional single in 1974, with the same song on both sides (mono and stereo).
Reissues
In 2004, FTD Records re-released Elvis Recorded Live on Stage in Memphis containing the entire concert, which had included performances of songs such as "Suspicious Minds" and "Polk Salad Annie" that had been omitted from the 1974 LP to avoid repetition with Presley's previous live albums. Moreover, unconvincing fake audience reactions, added in post-production, blighted the 1974 mix but these were stripped off by FTD. On March 17, 2014, close to the 40th anniversary of the concert, Sony/RCA Legacy re-released the album as a two-CD set. Disc one corresponds with the FTD version, in that it features the complete show from the Mid-South Coliseum. The second disc consists of a near-identical concert recorded at the Richmond Coliseum just two days earlier; as it had a similar setlist, this show is known as the "test run" for the Memphis concert, but was recorded only in mono. Disc two also includes several recently rediscovered studio rehearsal recordings from August 1974. On release, the two-CD set re-entered the UK Albums Chart at number 74.