- Day by Day: What did Elvis Presley do on October 03, 1956
The Colonel was debating with RCA about a new five year contract. Elvis would receive an advance of $135.000 against 5 % royalty together with a weekly payment of $1.000. However he was required to make at least 10 appearances in person or on radio or television to promote his recordings. The contract was signed on October the 18th.