Sam Phillips the first investors in Holiday Inn, a motel chain that was about to expand to a nationwide franchise; he became involved with the chain shortly after selling Elvis Presley's contract to RCA, for $35,000, which he multiplied many times over the years with Holiday Inn. He also created two subsidiary recording labels, Phillips International Records and Holiday Inn Records. He owned the Sun Studio Café in Memphis. One location was in the Mall of Memphis. Phillips and his family founded Big River Broadcasting Corporation, which owns and operates several radio stations in the Florence, Alabama, area, including WQLT-FM, WSBM, and
Sam Phillips inspire his work in Memphis. Beginning in 1945, he worked for four years as an announcer and sound engineer for radio station WREC, in Memphis. On January 3, 1950, Phillips opened the Memphis Recording Service, at 706 Union Avenue in Memphis. He let amateurs record, which drew performers such as B.B. King, Junior Parker, and Howlin' Wolf, who made their first recordings there. Phillips then sold the recordings to larger labels. In addition to musical performances, Phillips recorded events such as weddings and funerals, selling the recordings. The Memphis Recording Service also served as the studio for Phillips's own label,