Elvis' next picture will be "Tickle Me", to be produced for Allied Artists by Ben Schwalb and directed by Norman Taurog. Elvis would receive $750,000, more than half the total budget, and 50 percent of the profits. Because Allied was in financial trouble, not to mention the increased difficulty of getting Elvis into the recording Studio, the Colonel came up with a new scheme for the soundtrack. In a letter to Elvis of this date the Colonel suggested "the idea of using in this picture ten or twelve songs that you have already recorded and have been released on albums in the past but never have been released on either singles or 45's." The beauty of the scheme, the Colonel explained, is that it saved both time and money; all Elvis had to do was to indicate his agreement as soon as possible. Elvis' sparsely worded reply a month later read simply: "Arrangements with records okay. Elvis."