IAG founder Irving Azoff announced the news at a Bloomberg summit. An undated promotional photo of singer, actor and entertainer Frank Sinatra. Newsmakers/Getty Images Trending on Billboard Iconic Artists Group (IAG) has acquired a portion of the Frank Sinatra estate. IAG founder Irving Azoff revealed the news about the legendary singer while speaking at Bloomberg’s Screentime Conference, held Oct. 8-9 in Los Angeles. As first reported by Bloomberg on Sunday (Oct. 12), Azoff said Iconic “recently acquired a chunk of the Sinatra estate.” Related Frank Sinatra Enterprises (FSE) confirmed the deal in a statement to Billboard: “Frank Sinatra Enterprises, Tina Sinatra, and Warner Music Group are delighted to welcome Irving Azoff and Iconic to the dedicated team serving the life’s work and legacy of Frank Sinatra.” In 2007, Sinatra’s family and Warner Music Group (WMG) formed Frank Sinatra Enterprises, a global partnership to manage all aspects of Sinatra’s career, as well as his name and likeness. The deal also included ownership of Sinatra’s recordings from his Reprise era. Sinatra started Reprise, which is now owned by WMG, in 1960. FSE also represents Sinatra’s rights to his Columbia and Capitol catalogs. It is unclear how much of the estate IAG
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