 Complete the following phrase:  In 1955, he and his business partners formed President Records in New York, but it had little success and was amalgamated into a larger company by 1961. He then formed another company, Seville Records, which had hits with Shout! Shout! Knock Yourself Out by Ernie Maresca and Bobbys Girl by Marcie Blane, but failed to capitalise on its early successes. He decided to reactivate the President label, partly inspired by the memory of John F. Kennedy after 