Jem Aswad Senior Music EditorSixty-four years ago, as Elvis Presley’s career reached its supernova stage, the 21-year-old singer’s team hit on a strategy that enabled him to profit from songwriting without actually writing songs.
His management and music publisher had added Presley’s name to the credits on a couple of his early hits, but the singer wasn’t comfortable with the practice and frequently told interviewers that he had “never written a song in my life.” Instead, as recounted in Peter Guralnick’s authoritative biography “Last Train to Memphis,” his team set up an arrangement whereby the King skipped the credit but received one-third of the songwriting royalties for each song he released, no matter who wrote it.
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