RCA purchased Elvis' contract, his singles and unreleased masters from Sam Phillips of Sun Records for $40,000 ($35,000 to Sun and a $5,000 signing bonus to Elvis). Elvis remained with RCA until the time of his death in 1977. Below is a version of "When It Rains It Really Pours" that he recorded while at Sun in 1955. He later re-recorded it in 1957 for RCA which is the version that was released.
Tuesday, November 22, 2011
RCA announces Elvis' signing
RCA purchased Elvis' contract, his singles and unreleased masters from Sam Phillips of Sun Records for $40,000 ($35,000 to Sun and a $5,000 signing bonus to Elvis). Elvis remained with RCA until the time of his death in 1977. Below is a version of "When It Rains It Really Pours" that he recorded while at Sun in 1955. He later re-recorded it in 1957 for RCA which is the version that was released.