Tom Hanks to Manage Elvis Presley's Career in Baz Luhrmann's Movie
WENN/Sheri Determan

The 'Sully' actor is in talks to play the King of Rock and Roll's iconic manager Colonel Tom Parker in the upcoming biopic about the legendary musician.

AceShowbiz - Tom Hanks is in negotiations to star in an untitled Elvis Presley biopic, but not as the late singer. The Academy Award-winning actor is offered the role of Elvis Presley's iconic manager Colonel Tom Parker in the upcoming movie, which will be directed by Baz Luhrmann.

The movie will focus on Presley's rise and zenith, with a major aspect being his relationship with Parker. Parker was a struggling music manager when he discovered young Presley in the mid-1950s. Presley, who wasn't even 18 at the time, was nobody but Parker was blown away by his talent.

Parker acted as Presley's lone representation and controlled every aspect of the late King of Rock and Roll's life. Parker was responsible for various milestones, including Presley's record deal with RCA and his successful acting career.

Luhrmann, the filmmaker behind "The Great Gatsby" and "Moulin Rouge!", is also writing the script with Craig Pearce. The project is being developed at Warner Bros., with Luhrmann producing along with his wife Catherine Martin and Gail Berman.

Luhrmann and Martin have reportedly been developing this project since he finished the making of his last film, 2013's "The Great Gatsby". He plans to start production of the movie in the fall of this year, but no one has been cast in the role of Presley. Variety reports that Luhrmann wants a newcomer for the role of Presley. They are allegedly also still discussing the budget, but Hanks' commitment will push the project forward.

Hanks is currently filming "Bios", a sci-fi drama directed by Miguel Sapochnik. He returns as the voice of Woody in upcoming "Toy Story 4" and has wrapped up the production of another biopic, "A Beautiful Day in the Neighborhood", in which he stars as Fred Rogers. He can also next be seen in World War II drama "Greyhound" from director Aaron Schneider.

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