Leonard Blavatnik

  1. Warner Music's Len Blavatnik, Will Smith Invest in The Fancy

    July 09, 2013 8:30 PM EDT Warner Music Group owner Len Blavatnik and Will Smith are among wealthy investors in online shopping site, The Fancy. Smith, American Express and the Ukrainian-born Blavatnik, who owns Warner Music and film company Icon UK among other media and ...

  2. Warner Music Owner Len Blavatnik, Adele, Simon Cowell Rise on U.K. 'Rich List'

    April 22, 2013 6:14 AM EDT Adele, Simon Cowell, Paul McCartney and Daniel Radcliffe are among the British entertainment industry figures who saw their fortunes rise last year, according to the annual Sunday Times Rich List. Published on Sunday by the newspaper owned by R ...

  3. From The Magazine: Did Len Blavatnik and Warner Music Overpay For Parlophone?

    February 15, 2013 12:50 PM EST GET THIS WEEK'S ISSUE OF BILLBOARD HERE WHAT: Warner Music Group’s pre-emptive bid by far beat the nearest competitor to win the auction for Parlophone, home to Coldplay and Pink Floyd. It has agreed to pay £487 million ($762 million) to Uni ...

  4. Warner Music Group Reports Mixed Quarterly Financials

    August 09, 2012 9:15 AM EDT UPDATED: The music major, owned by Len Blavatnik, posted lower revenue, but its loss narrowed, and digital revenue in the recorded music unit offset physical declines. Business Matters: Looking Forward to Live Nation and Warner Music Group's ...

  5. Photos: Warner Music's Grammy Party, With Bruno Mars, Neil Young, Skrillex, Lyor Cohen, Julie Greenwald, More

    February 14, 2012 2:19 PM EST Singer Bruno Mars performs for guests attending the Warner Music Group Grammy Celebration hosted by InStyle at the Chateau Marmont in West Hollywood, CA. (Photo: Vince Bucci/PictureGroup) Warner Music threw an exclusive party after the Grammys at ...

  6. Billboard Power 100: Len Blavatnik

    January 27, 2012 10:00 AM EST No. 8 Len Blavatnik Owner Warner Music Group Twitter: @warnermusic The Owner... Len Blavatnik has a distinction that no one else in the world can claim: He's the only person who owns a major-label group. Even Terra Firma's Guy Hands had ...

  7. Warner Music's $205 Million Loss: No Cause for 'Buyer's Remorse'

    December 09, 2011 8:09 AM EST In issuing the first annual financial report since Access Industries completed its acquisition of the Warner Music Group in July , the headline $205 million net loss the company reported will likely fuel more uneducated speculation about Access ha ...

  8. Updated: Edgar Bronfman Jr. to Step Down as Warner Music Group Chairman, No Successor Named

    December 05, 2011 3:38 PM EST Warner Music Group Chairman Edgar Bronfman Jr., who stepped down as CEO earlier this year, announced to the company's staff in a memo today that he's relinquishing the chairman role as well. "I wanted to let you know that, as my oth ...

  9. Access-Warner Music Investor Documents Reveal New Roles for Edgar Bronfman Jr., Lyor Cohen

    July 21, 2011 4:29 PM EDT In taking over control of Warner Music Group , Access Industries, as expected, is putting its own people in place on the company's board of directors. Stephen Cooper, a board member at one of the companies that Access Industry has invested in ...

  10. Warner Music/Access Industries Deal Is A Win For Both -- But Will Gores Try to Upend It?

    May 06, 2011 7:48 PM EDT Access Industries' proposed $3.3 billion acquisition of the Warner Music Group (WMG) is turning out to be a "best of both worlds" kind of deal for all involved. For one, the private equity owners of WMG will get another payday on to ...

  11. What Can We Expect From a Blavatnik-Owned Warner Music Group?

    May 06, 2011 11:39 AM EDT Warner Music Group may have a new owner in the form of Len Blavatnik's Access Industries , but broadly speaking, insiders feel we can expect more of the same from the company. That's because his close relationship with WMG chairman and C ...

  12. It's Official: Access Industries to Acquire Warner Music Group for $3.3 Billion

    May 06, 2011 9:49 AM EDT Access Industries' winning bid for Warner Music Group will pay $8.25 per share in an all-cash deal, according to a joint press release issued Friday morning. The deal is for both Warner's recorded music and publishing divisions. Shares o ...

  13. Warner Shares Reach 52-Week High as Acquisition Nears

    May 05, 2011 2:40 PM EDT Shares of Warner Music Group reached a 52-week high on Thursday upon news that Access Industries is nearing a deal to acquire the company. At midday trading on Thursday, shares stood at $7.83. Shares reached their 52-week high of $8.15 earlier in ...

  14. Len Blavatnik's Access Industries Reportedly Close To Purchasing Warner Music Group

    May 05, 2011 7:43 AM EDT Reports emerged over night that Access Industries led by investor Len Blavatnik is close to buying the Warner Music Group for more than $3 billion dollars. The Warner Music Group board has been meeting this week to consider bids from groups that i ...

  15. Warner Board to Review Bids This Week

    April 11, 2011 7:34 AM EDT Warner Music Group's board is expected to review second-round bids for the company at a meeting in the coming week, a source familiar with the matter said. Up to 10 investors have put in bids ahead of the meeting, offering a range of valuatio ...

  16. WMG Businesses Receive More Than 10 Bids in Auction

    February 28, 2011 7:00 PM EST The Warner Music Group has received more than 10 bids in the first round of the auction being conducted on its behalf by Goldman Bros., according to Bloomberg News , who quoted anonymous sources. Sony ATV and BMG, the Berteslmann/KKR joint venture ...

  17. Blavatnik Resigns From WMG Board

    January 18, 2008 12:00 AM EST Len Blavatnik has resigned from Warner Music Group's board of directors. Blavatnik has served as a WMG director since March 2004. He told the company his executive responsibilities at Access Industries and travel schedule would prevent his co ...

  18. WMG, Sony BMG Launch Digital Platform In Russia

    June 28, 2007 12:00 AM EDT Warner Music and Sony BMG, along with two Russian record labels, launched a wholesale digital distribution platform in Russia on Thursday, a market dominated by piracy across the entire entertainment industry. The two majors said they had formed a ...