10 Ruthless Rock Managers

(1 post)
Topics: LISTS
by daba
5062 Posts
hates his slippers.
2 weeks, 6 days ago
3 months ago

 

 1. The Kingmaker: Colonel Tom Parker

 

Strange but true: Elvis Presley never performed overseas. The reason? Manager Tom Parker said so. Although Parker blamed security issues and the hassles of touring internationally, in truth, the Colonel was an illegal alien. If he left the country, he risked being exposed and barred re-entry.

 

Born Andreas Cornelis van Kuijk in the Netherlands, Parker immigrated to the United States in the early 1930s and worked as a traveling carny. In the circus, he learned the two secrets of getting people into the tent: Always have a gimmick, and always appeal to the lowest common denominator. (Think of Presley’s salacious hip thrusts and his legacy of cinematic fluff.)

Parker first managed country music stars such as Hank Snow and Eddy Arnold, but then found his big-top sensation—Elvis. Not willing to settle for the standard 10 percent fee, Parker cut himself in for 25 percent (and eventually 50 percent). Along the way, he invented the hallmarks of celebrity management—money up front, total media control, and massive merchandising. He was so cutthroat that when Elvis overdosed in 1977, the Colonel practically went straight from the funeral in Memphis to New York to negotiate deals for Elvis memorabilia.

During Elvis’ final years as a Vegas perennial, Parker became addicted to gambling. When the Colonel died in 1997, he had less than $1 million of the estimated $100 million he made during his lifetime. He’d gambled the rest away.

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http://www.mentalfloss.com/blogs/archives/18074

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