Property and industrial mogul Len Blavatnik puts his money in music | Media | The Guardian
The week after becoming America's newest music mogul with a $3.3bn deal to buy Warner Music, Len Blavatnik swapped his New York office for the Cannes film festival. The Russian-born American billionaire had invited Sarah Jessica Parker, Jane Fonda, Melanie Griffith and her husband Antonio Banderas aboard his yacht, the Odessa.
They were attending the annual Business of Film Lunch, which Blavatnik co-hosts with his friend Harvey Weinstein. The event was in full swing when Mick Jagger arrived by boat, uninvited and with a handful of friends in tow.
Rock royalty he may be, but Jagger was turned away. It was a moment that quietly underlined the degree of influence Blavatnik has acquired in the entertainment business.
The last decade has seen his investment company, Access Industries, take a growing interest in the telecoms, media and entertainment space. But no acquisitions on the scale of Warner Music.
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