Tom Hanks is in negotiations to play Elvis Presley’s famed manager Colonel Tom Parker in a Baz Luhrmann-directed untitled biopic for Warner Bros. Pictures.
Parker discovered Presley when he was an unknown and became his lone representation. He was responsible for various milestones, including Presley’s record deal with RCA and his successful acting career.
Luhrmann reportedly wants a star for Parker’s part, and a newcomer for the role of Presley with talent meetings already underway.
A budget is reportedly still being ironed out, but Hanks’ commitment will urge the studio to push the project forward. Luhrmann co-wrote the script with Craig Pearce and aims to shoot sometime this year.