CMS advises Warner Music Group on minority stake acquisition in Dancing Bear Records

Published on 17 July 2024 | CEE Legal Matters

CMS has advised the Warner Music Group on its acquisition of a minority stake in Croatian label Dancing Bear Records. Kramaric & Partners reportedly advised Dancing Bear.

The Warner Music Group is an American multinational entertainment and record label conglomerate headquartered in New York City.

"This investment by Warner Music is a vote of confidence in the future of music from the West Balkans," said Co-Founder and Managing Director of Dancing Bear Silvije Varga. "We look forward to working together to take music from our existing roster to the wider world, and to uncover the next generation of local talent."

The CMS team included Partner Marija Zrno Prosic and Attorneys at Law Mario Vrdoljak, Manuel Kralj, and Dina Celikovic.

Published by CEE Legal Matters