Franklin told The Associated Press at her birthday party Saturday in New York that she and Davis will be working on music once again.
Davis helped engineer Franklin's comeback in the 1980s. The music mogul was one of her guests at the soiree. Others in attendance were Diane Sawyer and the Rev. Al Sharpton.
The Queen of Soul—whose birthday actually is Sunday—also joked that she was turning back the hands of time. She told her guests: “I was wondering, ‘What is it going to be like to be 50?' I can tell you now, it feels like 40.”