Tag Archive for Access Industries

Cain & Abel At Warner Music

Goobye Junior, hello Lyor?

When Warner Music announced that Junior Bronfman was getting kicked upstairs and being replaced as CEO by sexagenarian Stephen Cooper, a turnaround specialist and long-time Blavatnik associate, could mark the beginning of the end for Junior as well as the…

Warner Music Plundered Again

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If you’ll recall, in my post yesterday I made reference to Lyor Cohen’s platinum-lined golden parachute and his claim that Warner pays big bucks to attract and retain “the very finest, most seasoned, most creative, thoughtful, transformative” executives in the…

Next Up: EMI

"Do I hear $4 billion?"

Now that Warner Music has been sold the next big event will be the imminent sale of EMI Music. Most observers assume that Access Industries, the new owner of Warner, and CEO Junior Bronfman will go after EMI. The conventional…

Warner Sale Brings Sadness

Crying

There have been several analyses of last week’s purchase of Warner Music by Len Blavatnik’s Access Industries, the best of which is Ed Christman’s Billboard piece that ran on March 6. Christman says the deal was good for both sides.…

From Russia With Love

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Oil, coal, plastics and aluminum are good investments, especially if you’re a Russian oligarch. And that’s exactly what Leonid “Len” Blavatnik is and where he made his fortune. Blavatnik’s US-based Access Industries earned him billions (he’s on the Forbes Billionaires…