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Due to an ill-advised agreement between Parker and Elvis which gave RCA sole ownership of all his recording royalties prior to 1973, the estate was relying heavily on the income from Factors Etc. Inc. [4] However, because Parker was still entitled to 50% of all Elvis' income, and after taxes were taken off, the overall amount going towards the ...
His films grossed $284 million [38] and Elvis was paid 50% of those profits, [39] making him the richest actor in Hollywood history. [40] Adjusted for inflation, Elvis films made $2.2 billion. [ 41 ] He was also paid $250,000 royalties from each of his 17 soundtrack albums from the movies, giving Elvis $4.2 million.
Parker, who had always dealt with Presley's film contracts and viewed the offer as a starting bid to earning more money, instead asked for a salary of $1 million ($5,662,338 in 2023 dollars [10]), 50% of the profits, plus another $100,000 ($566,234 in 2023 dollars [10]) for expenses and spoke of needing to arrange details of a soundtrack deal. [56]
Elvis, commonly referred to as the '68 Comeback Special, is an Elvis Presley concert television special that aired on NBC on December 3, 1968. It marked Presley's return to live performance after a seven-year period during which he focused on his film appearances.
Jacket worn by Elvis in Speedway (Museum of Style Icons, Ireland) Speedway was originally planned as a film to star Sonny & Cher. However, after their first movie, Good Times flopped at the box office, Columbia sold the rights to MGM, which retooled it for Elvis. [3] Elvis was paid $850,000 plus 50% of the profits. [1]
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After an eight-year hiatus where he focused on his acting career, Elvis Presley returned to live performances with his 1968 television special, Elvis. [2] With the success of the show, his manager, Colonel Tom Parker, arranged a residency for Presley at the International Hotel in Las Vegas, Nevada, in 1969.
Priscilla is a 2023 American biographical drama film written, directed, and produced by Sofia Coppola, based on the 1985 memoir Elvis and Me by Priscilla Presley (who serves as an executive producer) and Sandra Harmon. It follows the life of Priscilla (Cailee Spaeny) and her complicated romantic relationship with Elvis Presley (Jacob Elordi).