Billionaire Blavatnik Will Buy Warner Music in Deal Valued at $3.3 Billion - Bloomberg

Warner Music Group ’s former director Len Blavatnik agreed to buy the record company of artists including Cee Lo Green and Bruno Mars for about $1.3 billion, a deal that may trigger a round of industry consolidation.
Blavatnik Said to Win Bid for Warner Music at $8.25 a Share - Bloomberg

basically one private equity buyer to another.

He wanted MGM but settled for Warner.

At least he knows what he is getting into.