(Photo: Lucha VaVoom’s Li’l Chicken)
Time to take a look at what happened in the music biz – for the week ending May 9: Lucha VaVoom owns Cinco De Mayo in Los Angeles and Chicago, Warner Music Group gets a buyer and Paula Abdul is back.

Remember when rock was dangerous? Remember when a show starting a half hour late just caused heightened anticipation not aggravation? Remember when a performance was so full of surprises you could not help but gasp, ‘Did that just happen that?’

Lucha VaVoom, a Mexican wrestling burlesque comedy event, brought all that and more. The Mayan Theatre in Downtown Los Angeles was transformed for the sold-out show, which featured three wrestling matches (my favorite was Li’l Chicken and his crew, there is nothing cooler than a bad ass chicken) and four burlesque shows by some of the best dancers I’ve ever seen.  Not to mention the strolling mariachis, donkey photos, Aztec and folkloric dancers, a lowrider parade, tamales, tequila, a kissing booth ($500 for a tongue kiss)….and no intermission.

The show was founded in 2003 in Los Angeles by Rita D’Albert and Liz Fairbairn. This was the first May 5 where two sold-out shows were held simultaneously in different cities. Revelers on the scene included Drew Carey, who once took the mic during a show, and rocker Billy Corgan. There is truly no event like it out there today. Lucha will be back in LA in August, if not sooner. This is a must see.

After months of rumors and many suitors, Warner Music Group has agreed to sell to Russian-born businessman Lee Blavatnik’s company Access Industries for about $3.3 billion. However, word on the street is, not much will change at the company given that Blavatnik has been involved with WMG for about four years, holing a 2% stock ownership and a seat on the board of directors. Of course some suspect insider dealings and now securities fraud investigation law firm Levi & Korsinsky is reportedly looking into WMG’s board of directors for possible breaches of fiduciary duty and other violations of state law. Hmm. The drama unfolds.

I’m not excited about “The X Factor” anymore. They did finally announce that Paula Abdul will take her rightful place next to Simon Cowell, but judge Cherly Cole who jumped from the Brit version of the show to the US one is underwhelming, especially given the star power of “American Idol” and “The Voice.” We shall see.