Monday, December 3, 2007

Warner Music Group and Frank Sinatra Family Partner on Historic Joint Venture

News provided by World Entertainment News Network (www.wenn.com)2007-11-29 20:30:29
Singing legend FRANK SINATRA is making a comeback nine years after his death his family have signed a deal with Warner Bros. to give his music a new lease of life.
Warner has set up a 'global partnership' with the Sinatra estate to manage all of his music, films and stage work, and handle all licensing of his name and likeness.
Their partnership - called Frank Sinatra Enterprises - was brokered by the superstar's three children Nancy, Tina and Frank Sinatra Jr.
A statement released by the Sinatras reads, "We were extremely selective in choosing a partner with whom to manage our father's life work. It was a process that took several years." Warners hopes it can emulate the success Elvis Presley has achieved since his death, through re-releases. The King's estate recently announced profits of $49 million in the last year (06-07).

OFFICIAL WMG ANNOUNCEMENT

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