Awesome story, Trey. Ended way too soon. Gonna have to get a copy of this book. Sad story with many lessons to learn. Totally love how you (and Billy) continuously bring out the real story of Elvis that so many people don't know about. You guys are changing history - by bringing out truth and reality. Thanx so much for these vids. Until next time, take care, my friend.
I'm as sympathetic as I can be, but - as you all admit - 25% is way too much for a manager to begin with - then you admit Touring money was split 50%. While the court looked at this and I believe them far more than just a writer. Elvis also locked Elvis into never leaving America, which is the great sin, and none of the excuses put forward for that fly, Trey. So, if you try to defend that, you really aren't being truly honest, my friend!
Why would Elvis leave America when he is selling out arenas here? Elvis got his cut, colonel paid for expenses with his cut. Also go check him much colonel made during that court case…. He lit up a cigar at the end of it.. I guarantee it
Elvis needed to travel out of country because his fans were asking for him and he needed something new to do he was sick of the same tours and Las Vegas. He took the deal for that last concert Elvis did knowing how sick he was and his health condition was really bad.
@@nancylorenzo7029 read the book… actually colonel put Elvis to work hoping it would give him something to excite him to take care of himself. The shows at one point did that for Elvis.. Makes sense to me. Colonel Parker nor anyone else could babysit Elvis Presley 24/7. Unfortunately Elvis may have needed that by 76
Oh please get a reality check!! The judge was not blaming the Colonel for the deal that Elvis made!! The judge was pointing out that the Colonel had made a bad deal. The Colonel was Elvis' manager he's supposed to negotiate the best deal for Elvis. RCA records at the time purposely undervalued Elvis' catalogue. The deal was always going to be a bad one. The way the percentages have been worked out is criminal ...Movie Money 25% Record Money 25% Merchandise Money 25% and Non Performance Money 50% (what's that ??) taking a cut for NOT PERFORMING!!! The percentages are way too high!! In reality nobody can justify 25% for anything and 50% for Not Performing is a bloody rip off. And most managers don't charge 15% EVER. On television here in the UK a few years ago someone said that Madonna's manager only gets 10% and that's the most they can expect to get. Yes the Colonel is only working for Elvis because if he worked with anyone else they might ask him why are you ripping me off?? The Colonel was greedy plain and simple made outrageous deals and attempted to make a mug out of everyone he ever met. I don't need to read a book that's attempting to make the Colonel look intelligent he's a crook who worked Elvis to death. I'm a bit surprised Trey that you can't see through this.
@@slimcoogan3277 Well I can't tell you which books you should read just look at the evidence from people who worked with Elvis Steve Binder who produced the 68 Elvis TV Special his book and his documentary Reinventing Elvis only confirms that the Colonel was crooked a bully and only thought about getting the deal that he wanted.
Thank you! Perfectly said. He locked him up in that movie deal that nearly took the heart out of him and then he locked him up in Vegas that did take the heart out of him. Elvis was a bad judge of character and loyal to a fault unfortunately. Vultures know where their prey is and that's just what the so-called "Colonel" was.
Great reply. Another thing, which is broken down in the book about Elvis and Colonel, as well as, the second Guralnick book I believe, is the "double dipping" Colonel did. For example, let's say Elvis was going on a 15 date tour in the summer of 1975, and after the tour is over, the gross amount taken in is 2 million dollars. People might say that Colonel split that 50/50 or 25/75 in Elvis' favor, depending on the time period, but what gets lost and is never, or rarely brought to light is this. The 2 million was actually split in half to start. The promotion would get 50% and Elvis 50%. The promotion consisted of Colonel by himself, or in later times he was in partnership with another promoter. Before Elvis had even gotten a dollar, Colonel already had 500 thousand or 1 million dollars depending on the Era. Then, acting as Elvis manager, he got another cut of between 25 and 50% of Elvis` 1 million dollar cut. So Colonel would get between 250 thousand and 500 thousand from Elvis' share. Depending on the Era, COLONEL would get between 750 thousand and 1 million 500 thousand for the 15 date tour, while Elvis got between 500-750 thousand, so Colonel was getting double what Elvis was on some deals. This "double dipping" is highly illegal and the judge highlighted this when pointing our how Colonel mismanaged and fleeced Elvis.
As many ppl know in the Peter Guralnick book Careless Love, The Unmaking of Elvis Presley. The '73 royalty sell back was covered. And Mr. Guralnick's account is vastly different than what is offered in this Vid.
@@GlobetrottingWithTrey If he lived with him, he is biased. I don't believe this. I don't hear people blaming him for Elvis selling rights to the ex either. I don't know where you are hearing this, but I don't. However, that man was a conman.
But also he sorted Elvis's taxes, if I understand correctly, and he never sought any tax write-offs for costs/charitable donations etc. I suspect this is because he didn't want any other firm of Accountants looking too closely into Elvis's earnings ...
❤ Priscilla You got paid a lot of money. She got legal advice in the sack with Kardashian while they were in the sack. Kardashian told her to get more money out of Elvis.
The fact is André was still getting too much out of Elvis Presley. This book is still someone's perspective, not necessarily fact. André was found guilty in court for financial fraud. If he was innocent, he wouldn't have settled out of court. I mean, are y'all trying to make excuses for André here? André was overpaying himself - just like P'zilla Beaulieu. Simples.
This is a heavy discussion going on over at the FECC message board right now. Some are saying this guy Greg is a hack. Another apologist for the Col. We will soon find out. 😊
50%... Thats why Elvis was left with 25.000 dollars when he died in 1977.. Elvis paid for the memphis maffia houses, food, bills... His musicians in the 70s Priscilla and Lisa Marie.. Plus all the expenses/costs.. Thats why he was left broke... while he had made millions... between his 18 and 42... Plus the guy was on uppers downers... also paying doctors prescriptions... So no clear thought... or vision for his personal future... Same as Michael Jackson.. paid his extended family brothers isters mother/Father cost of living... Paid off his acusers of childpredation.. Paid off his home carnival/Zoo... Spend spend spend... But 50% only for a bussines manager is way too much... 5 to 10% is todays rate for a manager..
I enjoy all the hard work that you do but I'm sorry. I don't believe anything is coming out of this man's mouth or his book. There's too many people have talked about the colonel and what he did to Elvis and for him to protect the colonel. I'm sorry. I don't believe it.
What is in the book, is first hand stories and also stories from the colonel. Colonel Parker was a real guy and had good in him. Read it with an open mind.
I love your videos trey but come on he wasn’t even a colonel I agree at the beginning he was good for Elvis but ended up just running him into the ground ! I’m from the uk I was only 11 when Elvis died but still effected me a lot . Don’t you think the uk and also the world should have been able to see him live ? Las Vegas year after year just wore him out . England and the world were willing him to tour overseas and the fans in the uk deserved to see our king were he was probably more successful than the states . Basically All I’m saying is it could of all been so different the entire world deserved to see him . Anyway no bad feelings fella just saying what I think ❤
So Las Vegas wore Elvis out so he needed to travel to another continent to sing? No, they made so much money here it was not a good business move for them to pay more expenses for shows overseas. That is the reality of it. The 70s is not today..
@@GlobetrottingWithTrey The promoters who wanted Elvis to take his show abroad to England or anywhere else made too many other demands to the Colonel they wanted live albums interviews, TV specials and other appearances but didn't want to pay extra for that so the Colonel turned them down for those reasons. Plus after 1973 Elvis' health was an issue its been really well documented in Elvis Destined To Die Young by Sally Hoedel.
@@nancylorenzo7029 By not touring outside America the Elvis critics would point out that Elvis doesn't appreciate his fans but he doesn't mind having a lifestyle that's fuelled by it. I don't think that we will ever know the real reason or reasons why Elvis didn't tour his health was a big issue from 1973 and maybe having concerts cancelled because of this would have ruined his popularity with fans and non fans alike. I remember Suzanna Leigh who had starred with Elvis in Paradise Hawaiin Style was being interviewed in London and was asked about her friendship with Elvis and she said that she asked him once " Elvis why don't you come to London?". He responded " Well the Colonel has a bad back ". She responded " Screw the Colonel if you wanted to go you could just catch the Concorde and turn up with the guys". The money offered is always going to be an issue. If its not the money then its the Colonel's fault and if he's not to blame then it must be Elvis. Thank you for your response.
Loved this Trey! I have always felt Elvis was more in control of things, then people give him credit for. So many love to hate on Priscilla, but there are many sides to every story as you have proved with the Colonel. Thank you!
I've been telling people for years about Priscilla not only breaking Elvis's heart but breaking his bank account and responsible for Elvis selling off all his music rights from 55 to 73 so everything that was sold, mainly Camden records that had recorded music in the time period of 54,55 to 73 he didn't make a penny, also respect to the colonel
Parker was an ole carny but he was wise and sly. I wish Elvis would have listened to Parker but Precilla told Elvis she wanted to buy home for Lisa Marie and her and of course Elvis did it. Good interview. Thank you Trey. It"s very interesting.
