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 the time the heart of the city's music scene. "I just fell totally in love," he later recalled. Phillips attended the former Coffee High School in Florence. He conducted the school band and had ambitions to be a criminal defense attorney. However, his father was bankrupted by the Great Depression and died in 1941, forcing Phillips to leave high school to look after his mother and aunt. To support the family he worked in a grocery store and then a funeral parlor. In 1942, Sam, 19, met Rebecca "Becky" Burns, 17, his future wife, while they were both working at