Elvis Presley Movie Contracts 2 orf 3...

Elvis Presley Movie Contracts 2 orf 3 (by Jeff Schrembs)

Posted in the Elvis Presley Forum

“Jeff Schrembs ”

Since: Jun 09

South (God bless)

#1 Mar 29, 2013
Contract # 6 - Paramount January 1961
The Colonel renegotiated the 1958 contract so that Elvis received $175,000 for the first “3 pictures” and $200,000 each for the “last 2 pictures”. This “5 picture deal” included the movies entitled “Blue Hawaii (1960) which would be Elvis most successful motion picture, Girls! Girls! Girls!(1962), Fun in Acapulco (1963), Roustabout (1964), and Paradise Hawaiian Style (1966)”. The Colonel renegotiated for Elvis to receive a bonus of $90,000, which the Colonel would receive $45,000.00, for “Paradise Hawaiian Style”.
Contract # 7 - MGM January 1961
The Colonel further enhanced his negotiation skills, after finishing the “5 picture deal” with Paramount, for a “4 picture deal” with MGM. Elvis would receive $400,000 per picture plus $75,000 for expenses and $25,000 for musical expenses. The Colonel included a provision that once MGM recouped $500,000 then Elvis would receive 50% of the profits. The movies were entitled “It Happened At the World’s Fair (1963), Viva Las Vegas (1963), Kissin’ Cousins (1964), and Girl Happy (1965)”.
Contract # 8 - Allied Artists November 1963
Colonel Parker negotiated a “1 picture deal” and Elvis received $600,000 plus $150,000 for expenses and 50% of the profits. The movie was entitled “Tickle Me”.
Contract # 9 - United Artists December 1964
Colonel Parker negotiated a “2 picture deal” with Elvis being paid $650,000 each. The movies were entitled “Frankie and Johnny (1966) and Clambake (1967)”.
Contract # 10 - MGM December 1964
Parker negotiated another “3 picture deal” with MGM. Elvis was to receive a total compensation of one million dollars for the first movie paid out (a) with a lump sum of $ 750,000.00 and (b) the remaining balance of $ 250,000.00 paid out over the course of (5) five years at $ 1,000.00 per week. Additionally, Elvis received 40% of the profits. The movies were entitled “Harum Scarum (1965), Spinout (1966), and Double Trouble (1967)”.
Lee

Los Angeles, CA

#2 Mar 29, 2013
Jeff, where did you get this "inside info". Has it been published before?

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