ZAGREB, Croatia (CelebrityAccess) — Warner Music Group has announced the acquisition of a minority stake in Croatian record label Dancing Bear Music.
Under the terms of the partnership, artists signed to Dancing Bear’s recorded music division will have access to Warner’s independent recording distribution and artist services division ADA and the possibility of signing with Warner Music’s global roster.
The partnership expands an existing long-standing relationship between the two companies, in which Dancing Bear has served as Warner Music’s licensee in Croatia since 1996. local representative.
Founded in 1990, Dancing Bear is one of the oldest record labels in Croatia, which releases music from well-known local artists such as Dalmatino, Dino Dvornik, Daleka Obala, Darko Rundek, Hladno Pivo, Kojoti, Kawasaki 3P, Zdenka Kovačiček, Goribor, Vlado Kalember and Srebrna Krila, Alen Vitasović, Ibrica Jusić, Majke, Gustafi, The Bambi Molesters and Baba Yaga.
In addition, the brand provides a platform for the next generation of Croatian artists, including up-and-coming stars such as Bruno Pietri and Pete Spruce.
This investment from Warner Music is a vote of confidence in the future of music in the Western Balkans. We look forward to working together to bring the music from our existing roster to the wider world and discover the next generation of local talent.
“I am delighted that we have been able to expand our agreement with Dancing Bear, who have a strong reputation in the region as a key player in the industry. We are already co-releasing in the EDM space and plan to expand our collaboration in the coming months.
