Music Biz Member Warner Music Group Acquires Stake In Serbia’s Mascom Records
Warner Music Group has acquired a stake in Serbian record label, Mascom Records. The two companies will now build a roster of local Serbian artists who will have the opportunity to be up-streamed into Warner Music’s global network. The companies have been working with Serbian star, Sergej Pajic on his latest releases “Kabul” and “Mia Bella.”
“We’re delighted that Warner Music has made this investment into our company,” said Mascom Records CEO, Slobodan Nesovic. “We’ve enjoyed a great relationship over the years and this next stage of our partnership will allow local Serbian artists to join a major record label and enjoy worldwide success. It’s an exciting time for our company and the Serbian music industry.”
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