After an intense search that ensnared boldface names such as Harry Styles and Ansel Elgort, Baz Luhrmann has found the king of rock 'n' roll in Austin Butler. The Warner Bros. project is described as focusing on Presley's rise and zenith, with a major aspect being his relationship with Parker. Tom Hanks is set\u00a0to play Col. Tom Parker,\u00a0the manager who controlled every aspect of Elvis' life. Warners is describing the drama has having a story that 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 the loss of innocence in America." Luhrmann is producing the feature with wife Catherine Martin. The two have been developing the project since the director wrapped up The Great Gatsby. Gail Berman is also a producer. \u201cI knew I couldn\u2019t make this film if the casting wasn\u2019t absolutely right, and we searched thoroughly for an actor with the ability to evoke the singular natural movement and vocal qualities of this peerless star, but also the inner vulnerability of the artist," said Luhrmann in a statement. "Throughout the casting process, it was an honor for me to encounter such a vast array of talent. I had heard about Austin Butler from his standout role opposite Denzel Washington in The Iceman Cometh on Broadway, and through a journey of extensive screen testing and music and performance workshops, I knew unequivocally that I had found someone who could embody the spirit of one of the world\u2019s most iconic musical figures.\u201d Luhrmann wrote the script with Craig Pearce, with whom he also wrote\u00a0The Great Gatsby\u00a0and\u00a0Moulin Rouge! Luhrmann narrowed his hopefuls to Styles, Elgort, Aaron Taylor-Johnson, Miles Teller and Butler, all of whom\u00a0tested for the role\u00a0in late June. Butler, who appeared in TV's\u00a0The Carrie Diaries\u00a0and\u00a0Arrow, will be seen in Quentin Tarantino's\u00a0Once Upon a Time in Hollywood. This article was originally published in The Hollywood Reporter.