Len Blavatnik Latest Celebrity News & Gossip

A new stage musical adaptation of the F. Scott Fitzgerald masterpiece The Great Gatsby is headed for Broadway, with music by Florence + the Machine’s Florence Welch and Oscar-nominated “Mystery of Love” song producer Thomas Bartlett.

Kevin Mayer, whose long tenure at Disney culminated in the successful launch of Disney+, is joining sports streaming outfit DAZN as chairman.

Former ESPN president John Skipper and radio host and former ESPN on-air talent Dan Le Batard are joining forces on a new content venture. The pair are launching Meadowlark Media, which will emphasize a "creator-centric point of view" to content, with its initial focus on sports.

Kevin Mayer, the former Walt Disney exec who recently resigned as CEO of TikTok amid the threat of a ban over the popular social media app, has been named a senior media adviser for Russian-born billionaire Len Blavatnik's Access Industries. The move puts Mayer, a former chairman of Disney's direct-to-consumer business, at a company with significant media and entertainment sector investments.

Todd Spangler NY Digital EditorKevin Mayer, previously a top Disney executive and — briefly — CEO of TikTok, has joined Len Blavatnik’s Access Industries investment firm as a senior adviser, focusing on the media sector.Mayer, who worked at Walt Disney Co. for more than two decades and steered the launch of Disney Plus a year ago, will focus on Access’ strategic media-related businesses and identify new opportunities across media, entertainment and telecommunications sectors.

Also Read: Nat Geo Pushes 'Genius: Aretha' Premiere From Memorial Day to 'Later This Year'“I’ve always looked for new ways to bring a story to life. This is my passion.

Also Read: 'The Match' With Tom Brady and Peyton Manning Scores Record Golf RatingsCornerstone Films will finance together with Len Blavatnik’s film investment arm AI Film (AI) and BBC Films. The film was developed by BBC Films and the BFI with National Lottery funding.

On June 3, Warner Music Group went public in the year's biggest stock offering, and its share price rose 39% over the next two days. The company itself didn't raise any money — the shares were sold by Len Blavatnik's conglomerate, Access Industries — but it's now worth $18.3 billion based on its $31.05 per share closing price on June 10. After selling $1.86 billion in stock and adding

Warner Music Group (WMG) bosses have set aside $100 million (£79 million) to help combat racism in the music industry.Company officials launched the fund for charitable causes “related to the music industry, social justice and campaigns against violence and racism,” following calls from stars including The Weeknd to take action amid ongoing protests against racial injustice across the U.S.The fund, which has been established in collaboration with the Blavatnik Family Foundation – the charitable

Shares in the Warner Music Group were up 20.5% on the NASDAQ stock exchange at the close of trading Wednesday (June 3), its first day on the market as a public company under Len Blavatnik’s Access Industries. After being priced at $25 this morning, in line with its projected $23-$26 IPO price, and opening at $27, it finished the day at $30.12, according to MarketWatch, for a market capitalization of $15.36 billion and an enterprise valuation of $17.85 billion, when debt is included.

Warner Music Group has set its initial public offering (IPO) price at $25 per share. The size of the IPO has been increased from 70 million shares to 77 million shares.

By Jem Aswad

By Jill Goldsmith

By Jem Aswad

Warner Music Group continues to improve its margins and profitability in its fiscal first quarter of the year, a quarter that the company said was the highest in its history as a stand-alone company, which began in 2004 when Time Warner sold off WMG to a private equity consortium which in turn sold the company in 2011 to Len Blavatnik's Access Industries.