ElvisWorld: Inflation and Legacy

Col Parker’s preferred reputation was a hard nosed carny con artist. He turned up on American shores and served for a short time in the US military, and mental illnessed his way out. He claims he ran in the carnival circuit, there is actually scant evidence of this, but it’s not like records were “kept” in those days of word is deed and handshakes mattered.

He was the head Dog Catcher in Florida and he created the pet cemetery. It is still operating and the dead owners of those longer dead dogs continue to have fresh flowers. The dog graves. Probably not so much the also long dead owners.

He did get involved in the music industry, managed to leech onto Eddy Arnold who wasn’t happy with a manager who helped himself to his couch in his brand new middle class home.

Parker then worked with Hank Snow’s touring company and that was how he became aware of Elvis.

Parker used Hank Snow and Eddy Arnold to impress Elvis’ Parents – Hank himself was snowed, he thought he had half of the deal. Oops.

74144635-elvis-presley-with-colonel-tom-parker-eddy-gettyimages Eddy_Arnold_1 elvis_HankSnow Parker Steve Sholes Elvis and Hank Snow

Parker needed to get Elvis away from those other business industry people to really fulfill his career aspirations of being thought of as the best business man ever.

How lazy of him to be a tick on the ass of a product that sold itself. Out and short by listening to Parker: The Machiavelli Master and the BeatBoy who listened.

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Colonel Tom Parker and Elvis Presley in October 1955 signing a record contract with RCA Victor. *** USA ONLY *** © Glenn A. Baker / Redferns / Retna Ltd.

Colonel Tom Parker and Elvis Presley in October 1955 signing a record contract with RCA Victor. *** USA ONLY *** © Glenn A. Baker / Redferns / Retna Ltd.

In Vegas, Parker gambled away millions of dollars and never paid for his accommodations or meals. Or drinks.

He famously locked Elvis into a multi-year contract with a ballpoint pen on the tablecloth.

He didn’t factor in inflation. Not for tickets and not for Elvis’ performance expenses.

Parker played the short game for himself. He could always find another client – he fended them off all the time. Co-dependance much?

in 1975, you paid the EXPENSIVE cost of $10.00 for a best seat ticket to see Elvis Presley (cheaper ones were $5).

using: http://www.westegg.com/inflation/

What cost $10.00 in 1975 would cost $43.41 in 2014.

Also, if you were to buy exactly the same products in 2014 and 1975,
they would cost you $10.00 and $2.15 respectively.

while:  http://www.usinflationcalculator.com/

this one can do to 2015 and it puts $10 of 1975 money to $44.36 in 2015 currency.

and tells me that it’s 343.6% inflation

if you aren’t sure why that matters, inflation is the cost of living and it’s indexed to wages.

Parker and Elvis didn’t worry about their wages, but they didn’t often consider what they needed to pay out for professional level help and not people who wanted to work their way in.

You get what you pay for, Imaging paying $50 to see Elvis Presley doing a show or anyone who thinks they are Elvis.

Because there was one thing about Elvis ticket sales, in the 1970s some venues were only $1 because they were bad seats.

In fact, concert didn’t sell out, so they marketed it as sorry, all the good seats are taken and only the bad ones are WELL! gee sold out.

Elvis shows were priced for the Elvis core fans being able to afford seeing him.

Parker wanted to keep Elvis in front of them, so he rarely played the north and only played those three 1957 concerts in Canada. Where Parker could easily have entered and left with Elvis. As if anyone would have called him on anything. No one wanted his death to be drugs so bad that the entire Memphis medical and legal system conspired to not do due diligence.

Elvis At The Springfield Civic Center 40 years ago: summer 1975

1976_july_24a Elvis 1975 springfield Elvis tillyish hat elvis_july_23_1975

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1 Response to ElvisWorld: Inflation and Legacy

  1. Pingback: ElvisWorld: Leather Jackets | Nina's Soap Bubble Box

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