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Guide to the Global Leaders in Media Law Practice

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Bulgaria's media industry is undergoing a significant transformation shaped by rapid digitalisation, substantial revenue growth in digital sectors and evolving consumer engagement patterns.  


Bulgaria's media market has been subject to remarkable expansion. In 2025, the projected revenue is expected to reach approximately USD868.51 million, with video games contributing USD1.04 million. This growth is indicative of a broader global trend towards online content consumption.


The advertising sector continues to adapt to digital shifts, and is expected to reach USD433.10 million by 2029. This growth is boosted by increased investments in online advertising formats, including social media and programmatic advertising. Looking ahead, Bulgaria's media market is projected to continue its growth trajectory, with TV and video expected to have a market volume of USD331.92 million in 2025.


Despite positive industry trends, broader challenges remain. Bulgaria's press freedom index improved to 65.32 in 2024, reflecting progress but also highlighting ongoing concerns regarding media independence and safety for journalists.

RANKING


TIER 1

Dimitrov, Petrov & Co

Djingov, Gouginski, Kyutchukov & Velichkov

Kambourov & Partners




Top


RANKINGS



TIER 2

Boyanov & Co

Georgiev, Todorov & Co

Gugushev & Partners

Kalaidjiev, Georgiev & Minchev



TIER 3

Arsov Natchev Ganeva

CMS  

Penkov, Markov & Partners

Schoenherr

Velchev & Co.






TIER 4

Ilieva Voutcheva & Co

Kinsteller

Komarevski, Dimitrov & Partners

Penev

Tocheva & Mandazhieva Law Office

Tsvetkova Bebov & Partners, member of Eversheds Sutherland




BULGARIA

COUNTRY CHAPTER


2025 RANKINGS


LEADING LAWYERS


Hristo Nihrizov, Dimitrov, Petrov & Co.

Violetta Kunze, Djingov, Gouginski, Kyutchukov & Velichkov



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