Producers David Permut and Steve Binder will develop a feature titled “The Colonel” based on the book about the man with shadowy origins who reinvented himself as the Svengali behind the world’s most famous entertainer. Parker started his showbiz career as a hustler on the carnival circuit before promoting Minnie Pearl and Eddy Arnold. Parker built Presley into a global music and film star — and took 50% of the spoils. (via Variety)