Frank Sinatra Estate Sells Stake to Irving Azoff’s IAG

Irving Azoff‘s Iconic Artists Group has acquired a stake in the estate of legendary crooner Frank Sinatra.

Azoff revealed the news last week while speaking at a Bloomberg conference in Los Angeles, saying that IAG had “recently acquired a chunk of the estate.” Frank Sinatra Enterprises (a joint venture between Sinatra’s family and Warner Music Group) then confirmed the news 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,” FSE said.

According to Bloomberg, IAG now owns the rights to Sinatra’s name, image, and likeness, but full details on the deal — such as who owns the rights to Sinatra’s recordings — were not disclosed. Reps for Azoff and FSE did not immediately return requests for comment.

Notably, the Sinatra deal comes three years after IAG bought a stake in the estate of Sinatra’s Rat Pack buddy and frequent collaborator, Dean Martin. Bloomberg hinted that Azoff may be planning to create a Rat Pack-themed venue in Las Vegas, where Martin, Sinatra, and the rest of their crew frequently hung out during the Fifties and Sixties. 

IAG’s growing stable of legacy acts primarily features legends from the Sixties and Seventies, including the Beach Boys, Linda Ronstadt, Cher, Rod Stewart, Graham Nash, David Crosby, Stephen Stills, Joe Cocker, and Bryan Ferry. But along with Sinatra and Martin, the company has also been dipping deeper into the past, striking a deal with the Nat King Cole estate. And they’re already working with more contemporary legends, with the Wu-Tang Clan partnering with IAG last year.