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July 21,  2017   -   Memphis Business Journal  /   Elvis Express Radio
Tony Award-winning producer Darren Bagert claims Pulse Evolution breached a deal for an Elvis Presley Hologram show 'The King.'

Darren Bagert, the Tony Award-winning producer who has credits on such shows as 'Dear Evan Hansen' and 'The Color Purple', is looking to confirm an arbitration award worth
$524,000 over an agreement for a theatrical show featuring the digital likeness of Elvis Presley.

Bagert was originally tapped for the show by Pulse Evolution, which specializes in "digital humans," the new and probably more technically accurate buzzword for holographic

Bagert was to work on the Elvis show, but then in March 2016, Pulse elected to go with a partnership with American Idol's Simon Fuller.
According to court documents, Bagert had a deal for The King, the title of the Elvis show, that entitled his production company to 200,000 shares of Pulse common stock, a non-
recoupable fee of $75,000 and an interim advance against the production fee.

Bagert and Pulse Evolution argued with each other over whether the stock grant would be restricted. Bagert insisted it should not be, while Pulse contended that it was not allowed
to issue freely traded stock without a registration statement.

The matter was brought before a JAMS arbitrator who, in late June, sided with Bagert, awarding him damages for those shares as well as other payments due. Pulse didn't put up
much of a fight before the arbitrator, but could fight now that the dispute is in New York federal court.

Meanwhile, the status of "The King" isn't clear, but Fuller has focused his attention to a "virtual" ABBA show along with Universal Music..

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