Dolly Parton’s turning down of Elvis made her a huge fortune thanks to Whitney Houston

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Back in 1974, Dolly Parton had a huge hit in her original song I Will Always Love You. And it wasn’t long before Elvis Presley’s manager The Colonel came knocking asking if The King could cover the No 1 song. Initially, the Country singer was incredibly excited by the prospect, but little did the star know that she’d end up in tears.

Speaking on Living and Learning with Reba McEntire, Dolly said: “I was so excited, I told everybody. They had called me that Elvis was recording it, and if I wanted to come to the studio. Elvis wanted to meet me and all that.”

But The Colonel said to her: “You know, we don’t record anything with Elvis unless we have the publishing, or at least half the publishing.”

She replied: “Well, that throws a new light on this because I can’t give you half the publishing. I’m gonna leave that to my family. I can’t do that.”

The infamously uncompromising manager then told her that The King could not cover the song without those terms but the Country star remained unrelenting and burst into tears.

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