From chemicals to movies

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Len Blavatnik of Access Industries, owner of LyondellBasell, and a major player in Russian TNK-BP amongst other things, is going into the movie business, according to articles in the Sunday Times and on Hollywood blogs.

Stadium Entertainment, of which Blavatnik is a leading backer, is close to acquiring the overseas sales and distribution division of Mel Gibson’s production company Icon. Through Icon, he would take control of the Majestic film and TV library, which includes the rights to Driving Miss Daisy and Dances With Wolves, according to the Sunday Times.

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