Memphis (musical)

Memphis is a musical by David Bryan (music and lyrics) and Joe DiPietro (lyrics and book). It is loosely based on Memphis disc jockey Dewey Phillips, one of the first white DJs to play black music in the 1950s. It played on Broadway from October 19, 2009 to August 5, 2012. This production won four 2010 Tony Awards, including Best Musical. The show was previously staged at the North Shore Music Theatre in Beverly, Massachusetts and TheatreWorks in Mountain View, California during the 2003-04 season, as well as the 5th Avenue Theatre in Seattle during the 2008-2009 season.

Question: is memphis the musical based on a true story
Answer: yes