Thursday, November 29, 2007

"Warner Music Group signs partnership with Frank Sinatra's family"

from - by casey logan
BOSTON, Nov. 28, 2007 (Thomson Financial delivered by Newstex) -- Warner Music Group (NYSE:WMG) Corp. said Wednesday it signed a partnership with the family of Frank Sinatra to integrate content, rights management and the preservation of Frank Sinatra's work under a single entity.

The partnership will operate under the name Frank Sinatra Enterprises.

The entity will administer all licenses for the use of Sinatra's name and likeness, Warner Music said.

Shares of the New York-based music company closed Tuesday at $6.89.

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