Recently, Russian billionaire Len Blavatnik's Access Industries acquired Warner Music Group for the measly sum of $3.3 billion. Pocket change.
Home to sub majors including Asylum, Warner Brothers, Elektra, and Atlantic, and titanic acts such as Cher, T.I., Gucci Mane, Green Day, Linkin Park, Red Hot Chili Peppers, including the latest Maybach Music Group.
The purchase means Access also has full control over the illustrious Warner Brothers' catalog of music, and publishing business, formerly operated by Warner/Chapell Music.
Blavatnik had this to say: "I am excited to extend my long standing involvement with Warner Music. It is a great company with a strong heritage and home to many exceptional artists. I look forward to working closely with the many talented people within the company."
Sources have reported that Blavatnik now has his sights set on mega label EMI for his next conquest. Purchasing this label would give him the full catalog of the Beatles, Pink Floyd, and Radiohead, to name a few.
Home to sub majors including Asylum, Warner Brothers, Elektra, and Atlantic, and titanic acts such as Cher, T.I., Gucci Mane, Green Day, Linkin Park, Red Hot Chili Peppers, including the latest Maybach Music Group.
The purchase means Access also has full control over the illustrious Warner Brothers' catalog of music, and publishing business, formerly operated by Warner/Chapell Music.
Blavatnik had this to say: "I am excited to extend my long standing involvement with Warner Music. It is a great company with a strong heritage and home to many exceptional artists. I look forward to working closely with the many talented people within the company."
Sources have reported that Blavatnik now has his sights set on mega label EMI for his next conquest. Purchasing this label would give him the full catalog of the Beatles, Pink Floyd, and Radiohead, to name a few.
SCREAM @ ME!!!
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