To: Rock_nj who wrote (18647 ) 5/18/1998 2:44:00 AM From: DavidCG Respond to of 34592
GNNX earnings and GNNX to capitalize on Frank Sinatra 4 album box set You may, or may not know that before 'ol Blue-Eyes passing away, GNNX was working on completing a 4 album box set of Frank Sinatra's hits. The timing of it couldn't be more perfect for GNNX. Some of the hits are previously unreleased. If you are wondering just how popular Frank Sinatra's music will become in the upcoming weeks and months...read this weekend's Reuters report: >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> 05/16 11:22 > Old and new Sinatra fans ring up album sales > > By Sue Zeidler > > LOS ANGELES (Reuters) - Old and new Frank Sinatra fans flocked to record stores Saturday as the singer's death struck a chord across generations. > > ''I've always liked Sinatra but have never been inclined to buy a compact disc or his records. But now that I'm hearing it around the clock on the radio, I'm more inclined to purchase it because I realize I'm a true fan,'' said Michael Mandelberg, a 20-year-old college student in Los Angeles. > > Sinatra, the cocky New Jersey kid who conquered the world with a golden voice, died at the age of 82 Thursday night from a heart attack following a 60-year career that made him a legend. > > In his youth, he was idolized by millions of swooning female fans. A phenomenon known as ''Sinatramania'' hit new heights in October 1944 when 27,000 mostly female fans thronged outside the Paramount Theater in New York to hear him sing. > > Many fans from those days fondly recalled their youth this weekend, including Peg Kendall, 70, from Santa Cruz, California. > > While Kendall did not need to add any Sinatra albums to her extensive collection, she recalled running to the stores after Judy Garland died in the 1960s and joined fans buying everything in sight. ''Everyone was thinking the same thing,'' Kendall said, recalling her joy at managing to score one rare Garland record. > > ''It's always the same. When artists die, sales go through the roof,'' said Bruce Ogilvie, former chief executive officer of Wherehouse Entertainment Inc, a 220-store record store chain based in Torrance, California. > > Others recalled similar rushes with the passing of Elvis Presley and Jerry Garcia. Record store owners said the Sinatra sales rush could last several months and predicted shortages of Sinatra merchandise at many stores in the next week. > > ''People are buying everything they can get and many are reserving the leather box set that retails for $495,'' said Jim Litwak, executive vice president of merchandising and marketing for 530-store Trans World Entertainment Corp. > > Sinatra's sensual voice, elegant phrasing and unrivaled delivery made him the most recognized and imitated ballad singer of the century. > > Todd Meehan, manager of Tower Records in Hollywood, said he placed orders for Sinatra records Friday morning. ''We've probably ordered 250 CDs,'' he said. ''Over the weekend there'll be a mad rush.'' > ''Everybody's coming in,'' he said. ''The die-hard fans are coming in for some of the old catalog. He must have over 200 different titles.'' > > Known as ''The Voice,'' ''Ol' Blue Eyes'' and ''The Chairman of the Board,'' Sinatra was one of the most prolific and recorded performers of all times. > > He enthralled audiences from the Big Band era of the Second World War to the 1990s with such signature songs as ''New York, New York,''Come Fly With Me,'' 'Strangers in the Night'' and ''Young at Heart.'' > > The majority of Sinatra's more than 100 albums were released by Sony Music's Columbia Records, EMI Group Plc's Capitol Records and Reprise, part of Warner Music Group. > > ''Frank Sinatra was a cornerstone of Capitol Records as well as a friend. He is part of the fabric of America and will always be the musical icon to the world,'' said Gary Gersh, president and chief executive officer of Capitol Records. > > Meehan said he expects ''Sinatra Reprise - The Very Good Years,'' and ''Frank Sinatra - The Capitol Collector's Series,'' to be hot sellers.'' Ogilvie predicted that sales of ''Frank Sinatra Duets,'' released in 1993, would explode. > > ''All the media attention just makes the public want to run out and buy music 'their way''', said Ogilvie in a reference to another of Sinatra's most famous songs, ''My Way.'' > > ^REUTERS@ Reut11:22 05-16-98 >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Good Trading! -DavidCG