In the movie, Oscar-nominated filmmaker Luhrmann (“The Great Gatsby,” “Moulin Rouge!”) will explore the life and music of Presley, through the prism of his complicated relationship with his enigmatic manager, Colonel Tom Parker, played in the film by two-time Oscar winner Tom Hanks (“Forrest Gump,” “Philadelphia”). The story will delve into their complex dynamic spanning over 20 years, from Presley’s rise to fame to his unprecedented stardom, against the backdrop of the evolving cultural landscape and loss of innocence in America.