As its such a useful example, I've referenced it in further posts on this topic (and others): use the tag!
The excellent, very readable, history of the music video by Austerlitz discusses this video - it really is worth having a flick through the index ... or just reading the book from scratch! [tag; specific post on the book]
Then there's a Robert Palmer example of intertextuality, a tag applied even more frequently than (queer theorist; gender as performativity) Judith Butler I see...
Is THIS depiction of Elvis (the magnificent Tortelvis!) any less 'real' than the videos/film clips that define him in the popular imagination - an image Elvis and his manager fought to control, but for many people boils down to a fat guy in a comedy white jumpsuit? Is the Weird Al version of 'Wacko Jacko' (below) any less real than the MJ we think we know from media coverage? The creators of the Weezer video did so having been bombarded with signifiers of the decade, such as the sitcom they parodied ... their representation (or simulacrum) is itself now a powerful signifier that will influence many more impressions of 'the 50s'.
If I asked you now to think about 'the 60s', chances are you'd think of hippies, flower power, the Stones ... many of the iconic 60s festivals were actually in the 70s, ditto many of the Stones classics thought of as 60s, while the metropolitan (major city) drug phenomenon took until the 1970s to spread further into towns and cities across Western countries, beyond London, San Fransisco etc. The 60s ended around 1974?! Maybe 1973?!
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A pastiche is a work of visual art, literature, theatre, or music that imitates the style or character of the work of one or more other artists.[1] Unlike parody, pastiche celebrates, rather than mocks, the work it imitates.[2] [Wiki]