Val Blavatnik Elected to Warner Music Group Board of Directors
April 27 2023 - 4:01PM
Warner Music Group Corp. (Nasdaq: WMG) today announced the election
of Val Blavatnik to the company’s Board of Directors, as well as
his appointment to its Executive Committee. He replaces Alex
Blavatnik, who has served as a director of WMG since July 2011,
when Access Industries completed its acquisition of the
company.
Since 2021, Val Blavatnik has served on the investment team at
LionTree, focused on the media and technology industries. Since
2020, he has also been a production executive at Eden Productions,
a TV and film production company founded by Richard Plepler. In
addition, he is a member of the Executive Committee at Access
Industries. From 2016 to 2019, Blavatnik worked in the music
industry, primarily as an artist manager.
Since its founding in 2020, Blavatnik has served on the Board of
Directors of the Warner Music Group/Blavatnik Family Foundation
Social Justice Fund, that supports organizations working in
historically underserved and marginalized communities. Blavatnik
graduated cum laude with a BA in Cinematic Arts from the University
of Southern California. He is the son of Access Industries Founder
& Chairman, Sir Leonard Blavatnik.
Michael Lynton, WMG’s Chairman of the Board, said: “We’re
pleased to welcome Val to the WMG Board. His experience working
with a variety of companies as well as directly with artists makes
him well suited to his new post. He’ll also bring a fresh
perspective as we chart the future of WMG. We’re incredibly
grateful to Alex for his wisdom, guidance, and enthusiasm over the
past 12 years, as the company has grown and thrived in the
streaming era.”
Val Blavatnik said: “I’m excited to be joining the Board during
this dynamic, transformational time at WMG, with so many innovative
opportunities ahead for artists and songwriters. I’ve previously
worked on artist projects with the senior team, and I’m looking
forward to collaborating with the impressive group of leaders on
the Board.”
Access accompanying image here.
About Warner Music GroupWith a legacy extending
back over 200 years, Warner Music Group (WMG) today brings together
artists, songwriters, and entrepreneurs that are moving
entertainment culture across the globe. Operating in more than 70
countries through a network of affiliates and licensees, WMG’s
Recorded Music division includes renowned labels such as 300
Entertainment, Asylum, Atlantic, Big Beat, Canvasback, Elektra,
Erato, First Night, Fueled by Ramen, Nonesuch, Parlophone, Reprise,
Rhino, Roadrunner, Sire, Spinnin’, Warner Records, Warner Classics,
and Warner Music Nashville. WMG’s music publishing arm, Warner
Chappell Music, has a catalog of over one million copyrights
spanning every musical genre, from the standards of the Great
American Songbook to the biggest hits of the 21st century. Warner
Music Group is also home to ADA, the independent artist and label
services company – as well as next gen artist services division
WMX, which includes consumer brands such as Songkick, the live
music app; EMP, the merchandise e-tailer; UPROXX, the youth culture
destination; and HipHopDX, the hip-hop music news site. In
addition, WMG counts storytelling powerhouse Warner Music
Entertainment and social media content creator IMGN among its many
brands. Follow WMG on Instagram, Twitter, LinkedIn, and
Facebook.
Media Contacts James
StevenJames.Steven@wmg.com
Summer WilkieSummer.Wilkie@wmg.com
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