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Believe Music

April 08, 2024

Believe (also known as Believe Music; previously known as Believe Digital) is a global digital music company headquartered in France.[5][6] Believe has several brands including TuneCore, Nuclear Blast, Naïve, Groove Attack, Play Two and AllPoints.

Believe
Company typePublic
Euronext Paris: BLV
IndustryMusic
Founded2005; 19 years ago (2005)
HeadquartersParis, France
Number of locations
50 countries
Area served
Worldwide
Key people
  • Denis Ladegaillerie (Chief Executive Officer and founder)
  • Xavier Dumont (Chief Financial & Strategy Officer)
  • Béatrice Dumurgier (Chief Operating Officer)
Services
Revenue€760 million (2022)
Number of employees
1 650 employees (2023)
Websitebelieve.com
Footnotes / references
[1][2][3][4]

Believe exists in more than 50 countries[7] in Europe, America, Asia and Africa.[8]

History edit

Beginnings edit

The company was founded in 2005 by Denis Ladegaillerie, Arnaud Chiaramonti and Nicolas Laclias.[9]

The company operates from Paris, and was introduced on Euronext marketplace in June 2021 and it raised 300 million euros.[10][11] Believe also has a subsidiary in Luxembourg (Believe International) which serves as a hub for the digital distribution.

Growth edit

Believe's expansion was fuelled by $60m growth capital investment from [Ventech, Technology Crossover Ventures (TCV) and XAnge]. In August 2016, the company acquired the French independent label Naive Records for €10m, seeking to improve value from the company's extensive back catalogue, and restarted the label's issuing of new recordings as physical CDs in 2017.

In 2019, Believe expanded its presence in both Russia and India. The Group's market shares in these countries are 25% and 15% respectively. In India, there are Bollywood stars in the Group's catalog, like Ayushmann Khurrana.[12]

In 2021, Believe generated $682M in annual revenues,[13] increasing compared to the previous year.[13][14]

By the end of 2022, Believe demonstrated its growth model. The organic growth target of 2022 raised for the second time to over 30% and was expected to exceed the targets set at the Initial Public Offering (IPO).[15] Believe's performance in 2022 witnessed an acceleration in growth as compared to the prior year. Indeed, the company increased revenues by €135.8 million (30.7% Year-over-Year), from €441.4 million in 2020.[16] Accordingly, Believe's 2022 revenue increased to reach €452.4 million in Europe, €199.3 million in Asia-Pacific and Africa, and €109.2 million in the Americas.[17]

In 2023, it was reported that Believe has exceeded the milestone of €1 billion in digital music sales (DMS) for 2022,[18][19] which reflected the effectiveness of Believe's business model and strategy that mainly seek to support artists and labels at each stage of their careers.[20][21] The same year, it was also reported that Believe has one of the highest growth rates in the music streaming industry due to its digital positioning and its proactive investment strategy in emerging areas, particularly Asia.[22]

In 2023, Believe announced €760 million in sales for 2022.[23][24]

Acquisitions and affiliates edit

In 2015, Believe announced the acquisition of Musicast.[25][26] The same year, TuneCore, the U.S. digital distribution company is acquired by Believe Digital.[27][28]

In 2016, Believe acquired Naïve.[29]

In 2017, Believe Recordings became AllPoints[30] and developed its production sector with the launch of 3 labels:[31] All Points, Naïve and Animal 63.[32]

In 2018, Believe acquired a majority stake in the German metal label Nuclear Blast.[33][34] Also, Believe acquired the German label Groove Attack.[34] The same year, it took 49% stake in Lili Louise Musique, then, in September 2018, Believe acquired a 49% stake in French indie label Tôt ou Tard from Wagram Music.[35]

In 2019, Believe acquired Mumbai live event production specialist Entco, and rebranded the company “Believe Entertainment”.[36][37] The same year, Believe acquired three other Indian companies : Bollywood music specialist Venus Music Private Ltd [38] which includes well-known Bollywood movie trailers,[39] Entco Music Private Ltd.(production of live events) and Canvas Talent Private Ltd, India-based artist services, development and booking company,[40] specialized in services for artists. In the same year, Believe took 49% stake in 6&7 SAS.

In 2020, the company acquired a majority stake (60%) in the Turkish Doğan Music Company, for €18.8 million, a stake in Ircam Amplify, an entity of the Institut de Recherche et de Coordination Acoustique/Musique (IRCAM), and the assets of SoundsGood, specialized in the creation of playlists on streaming platforms.[41] The same year in February, Believe and Nuclear Blast launched Blood Blast distribution which would offer dedicated distribution to digital streaming and download platforms and help artists as well as brands make their music accessible to audiences worldwide.[42][43]

In 2021, Believe took a 25% stake in Play Two, France's leading independent music label and a subsidiary of the TF1 Group.[44][45] The same year, Believe acquired 15% stake in Philippines-based Viva Music And Artists Group,[46][47] 51% stake in French Indie label Jo&Co,[48][49] and a 76% stake in South India-based label Think Music.[50] Also in 2021, it was reported that Believe made 18 acquisitions in the previous six years.[51]

In March 2023, Believe acquired the British music publisher Sentric Music for $51 million.[52] Believe's acquisition of this tech-powered music publishing platform reflected its plans to move into music publishing.[53]

Believe's inclination towards publishing is seen in its recent investments in Europe, India and Asia to globally expand and develop.[54] For example, Believe partnered with the French pop label Structure and the Germany-based brand Madizin Music. Believe also formed a partnership with the Indian label Panorama Music.[55]

In March 2024, Warner Music Group revealed that it had placed a bid to acquire Believe, in a deal valued at 17 euros per share, or roughly 1.65 billion euros.[56]

Activities edit

In September 2022, YouTube launched its new option 'Creator Music' and Believe was among its independent partners.[57]

In March 2023, it was announced that Believe is launching a new distribution unit, Avant-Garde, to help different French labels, artists and producers in the diverse genres of Rap, Afro and R&B.[58][59]

In late-April 2023, Believe revealed that it was exploring numerous artificial intelligence partnerships.[60] Indeed, Believe tends to focus on how AI can efficiently help the company implement its main functions, marketing and promotion.[61]

In May 2023, Believe was among global distribution partners of TikTok to launch its 'Artist Impact Program' which enables artists to participate in TikTok's Commercial Music Library and allows them to add trending songs to this Commercial Music Library with the possibility of monetizing their music.[62][63] More precisely, Believe was part of the Commercial Music Library's network of partnerships that supported the realization of TikTok's program devoted to 'discovering and rediscovering artists'.[62]

In June 2023, Believe joined the new joint initiative, Music Fights Fraud,[64] a joint operation with Spotify and Amazon Music and others to globally combat and eradicate streaming fraud.[65][64][66][67] This operation requires its members to share information to fight, alleviate and globally implement 'anti-fraud measures' with particular attention to 'streaming fraud and manipulation'.[68]

Artists edit

Believe's strategy includes scouting out singers and helping them launch their careers online.[69] In August 2023, it was reported that Believe included 1.3 million artists.[70]

Awards edit

In September 2019, the French government identified Believe as one of the 40 most promising French start-ups, with the French Tech Next40 index.[71] In October 2019, Believe was named Europe’s “Allstar” Company at the 17th Annual Investor Allstars Awards in London.[72]

Copyright controversy edit

Believe has been accused of copyright trolling, particularly on YouTube, where it has been alleged to engage in claiming copyright for works that are either copyright free or that they do not own the rights to. The company was the subject of a New York federal lawsuit alleging that they were behind large scale, willful copyright infringement.[73] Concerning the copyright and its management, Believe submits content under its license and available on YouTube through the Content ID algorithm,[74] YouTube's automatic-identification system that detects copyright-protected content on the platform.[75] If the system finds a match, a Content ID claim is applied to the matching content.[76] Despite the previous lawsuit, Believe Music has persisted in making copyright claims even on music very clearly in the public domain and on songs by independent artists. [77]

References edit

  1. ^ "Believe donne de la voix en digital". Strategies. March 31, 2022. Retrieved September 16, 2023.
  2. ^ "Béatrice Dumurgier appointed Chief Operating Officer of Believe". Music Business Worldwide. September 12, 2022. Retrieved September 16, 2023.
  3. ^ "Believe publie un chiffre d'affaires de 760 millions d'euros pour 2022, et améliore sa rentabilité". MusicBiz. Retrieved September 16, 2023.
  4. ^ "Profil société de Believe". ABC Bourse. Retrieved September 16, 2023.
  5. ^ "Digital music company Believe acquires Think Music". Financialexpress. Retrieved 2022-09-06.
  6. ^ Kar-gupta, Sudip; Barzic, Gwénaëlle (2021-05-10). "Digital music company Believe plans Paris stock market debut". Reuters. Retrieved 2022-09-06.
  7. ^ "Le label musical Believe veut lever 500 millions grâce à son entrée en Bourse". BFM Bourse. Retrieved 20 September 2023.
  8. ^ "Believe generated revenues of $182m in Q1, up 30.9% YoY". Music Business Worldwide. Retrieved 20 September 2023.
  9. ^ "Believe Digital, la pépite française de la musique qui fait de l'ombre aux majors". L'Expansion (in French). 28 May 2015. Retrieved 1 Jun 2021.
  10. ^ "Believe successfully raises €300m in Paris IPO, giving TuneCore owner a market cap of €1.9bn". Music Business Worldwide. 2021-06-09. Retrieved 2022-09-04.
  11. ^ "Believe generated €1bn in Digital Music Sales last year". Music Business Worldwide. Retrieved 8 August 2023.
  12. ^ "Le français Believe veut devenir le " Publicis de la musique "". Les Echos. Retrieved 1 October 2023.
  13. ^ a b "Believe generated $682m in annual revenues last year, up 30.7% YoY". Music Business Worldwide. 2022-03-17. Retrieved 2022-09-14.
  14. ^ Adam, Nick J. (2021-09-15). "Believe revenues jump 30% in H1 2021 to over $300 million - Music Business Worldwide". TechiLive.in. Retrieved 2022-09-14.
  15. ^ "Musique, Believe : superstar". Les Echos. Retrieved 10 September 2023.
  16. ^ "Believe generated $800m in annual revenues in 2022, up 31.8% YoY". Music Business Worldwide. Retrieved 10 September 2023.
  17. ^ "Believe Posts 32% 2022 Revenue Jump As Asia-Pacific and Africa Income Cracks $200 Million". Digital Music News. Retrieved 29 September 2023.
  18. ^ "Believe generated €1bn in Digital Music Sales last year". Music Business Worldwide. Retrieved 26 September 2023.
  19. ^ "Believe Generated Over $1 Billion From 'Digital Music Sales' During 2022, Execs Announce". Digital Music News. Retrieved 26 September 2023.
  20. ^ "Believe atteint 1 milliard d'euros de digital music sales". Boursorama. Retrieved 26 September 2023.
  21. ^ "Believe Hits €1 Billion Digital Music Sales". Yahoo!Finance. Retrieved 26 September 2023.
  22. ^ "BELIEVE". Zonebourse. Retrieved 26 September 2023.
  23. ^ "Believe publie un chiffre d'affaires de 760 millions d'euros pour 2022, et améliore sa rentabilité". MusicBiz. Retrieved 28 September 2023.
  24. ^ "Profil société de Believe". ABC Bourse. Retrieved 28 September 2023.
  25. ^ "La maison de disques Believe rachète Musicast et se renforce dans la musique urbaine". Les Echos (in French). 2015-12-29. Retrieved 2022-09-06.
  26. ^ Durand, Corentin (2017-07-07). "Believe : pourquoi le géant de la musique numérique derrière Jul et The Blaze lance trois labels". Numerama (in French). Retrieved 2022-09-06.
  27. ^ "Believe Digital, la pépite française de la musique qui fait de l'ombre aux majors". LExpansion.com (in French). 2015-05-28. Retrieved 2022-09-08.
  28. ^ "Tunecore launches in the UK, charging £19.99 per album upload". Music Business Worldwide. 2015-09-01. Retrieved 2022-09-08.
  29. ^ "Le label de musique Believe revoit ses ambitions en Bourse à la baisse". BFM Bourse (in French). 2021-06-01. Retrieved 2022-09-08.
  30. ^ "Believe Recordings n'est plus. Vive Allpoints !". L'écume des Sons. Retrieved 28 September 2023.
  31. ^ "Believe : pourquoi le géant de la musique numérique derrière Jul et The Blaze lance trois labels". Numerama. Retrieved 28 September 2023.
  32. ^ "La société Believe lance trois labels de musique". Le Point. Retrieved 28 September 2023.
  33. ^ "Believe : Le groupe d'édition musicale Believe recule en Bourse après une introduction en bas de fourchette". BFM Bourse (in French). 2021-06-10. Retrieved 2022-09-10.
  34. ^ a b "Believe". Music Business World. Retrieved 8 August 2023.
  35. ^ "Wagram Music se réorganise en opérateur global". Le Monde. Retrieved 8 August 2023.
  36. ^ Grace, Anna (2019-09-24). "Believe buys Indian event production company Entco". IQ Magazine. Retrieved 2022-09-11.
  37. ^ Khatri, Bhumika (2019-09-18). "French Startup Believe Sets Up Base In Indian Live Music Market With Entco Acquisition". Inc42 Media. Retrieved 2022-09-11.
  38. ^ "Paris-based Believe acquires Venus Music". The Economic Times. Retrieved 13 August 2023.
  39. ^ "Digital Music Giant Believe Acquires India's Venus Music, Rebrands it Ishtar". Yahoo!. Retrieved 26 August 2023.
  40. ^ "3 things to know about Believe's finances, as it launches IPO at a €2 billion company valuation". Music Business Worldwide.
  41. ^ "3 things to know about Believe's finances, as it launches IPO at a €2 billion company valuation". Music Business Worldwide. 2021-06-01. Retrieved 2022-09-12.
  42. ^ "Believe and Nuclear Blast team up to launch Blood Blast Distribution 'dedicated to extreme music'". Music Business Worldwide. Retrieved 3 September 2023.
  43. ^ "Nuclear Blast and Believe launch new distribution offering Blood Blast". Music Week. Retrieved 3 September 2023.
  44. ^ "Play Two Annonce Un Partenariat Stratégique Avec Believe". groupe-tf1.fr (in French). 2021-11-03. Retrieved 2022-09-13.
  45. ^ "Believe acquiert une participation de 25% dans le label Play Two, filiale de TF1". Capital.fr (in French). 2021-11-04. Retrieved 2022-09-13.
  46. ^ "Believe acquires 15% stake in Philippines-based Viva Music and Artists Group for $26m". Music Business Worldwide. 2021-12-02. Retrieved 2022-09-13.
  47. ^ Smith, Dylan (2021-12-02). "Believe Acquires 15% of Philippines-Based Viva Music and Artists Group". Digital Music News. Retrieved 2022-09-13.
  48. ^ "Believe prend une participation majoritaire dans Jo&Co". Boursier.com (in French). Retrieved 2022-09-13.
  49. ^ "Believe acquires 51% stake in French indie label Jo&Co". Music Business Worldwide. 2022-01-04. Retrieved 2022-09-13.
  50. ^ "Believe : Prise de contrôle de l'indien Think Music". BFM Bourse (in French). 2021-11-29. Retrieved 2022-09-13.
  51. ^ "Digital music company Believe plans Paris stock market debut". Reuters. Retrieved 3 September 2023.
  52. ^ "Believe blasts into publishing, buying $51m-valued Sentric". Music Business Worldwide. Retrieved 19 August 2023.
  53. ^ "Believe Moves Into Music Publishing With The Acquisition Of The Digital Music Publishing Platform Sentric". Celebrity Access. Retrieved 19 August 2023.
  54. ^ "Believe Breaks Into Publishing By Acquiring UK-Based Sentric Music Group". Billboard. Retrieved 26 October 2023.
  55. ^ "Believe has cash 'firepower' for acquisitions in 2023. What's it going to buy?". Music Business Worldwide. Retrieved 26 October 2023.
  56. ^ "Warner Music plans 1.65 bln euro bid to buy France's Believe". Retrieved 2024-04-05.
  57. ^ "YouTube announces Creator Music, a new way for creators to shop for songs for use in videos". TechCrunch. Retrieved 26 August 2023.
  58. ^ "Believe ouvre une cellule de distribution pour aider ses artistes". Générations. Retrieved 19 August 2023.
  59. ^ "Believe lance sa nouvelle cellule de distribution, Avant-Garde". Booska-P. Retrieved 19 August 2023.
  60. ^ "TuneCore Partners With CreateSafe To Vet and Distribute Grimes AI Music: 'The Use of AI Allows Artists To Enhance Their Creativity'". Digital Music News. Retrieved 10 September 2023.
  61. ^ "Local artists' market share is rising on music services, and 3 other things we learned from Denis Ladegaillerie on Believe's latest earnings call". Music Business Worldwide. Retrieved 10 September 2023.
  62. ^ a b "TikTok launches 'Artist Impact Program', inks several distribution deals to connect artists with brands". Music Business Worldwide. Retrieved 10 September 2023.
  63. ^ "TikTok Officially Announces the 'Artist Impact Program' — Expanding the TikTok Commercial Music Library". Digital Music News. Retrieved 10 September 2023.
  64. ^ a b "Believe, EMPIRE, Spotify, Amazon Music and more team up to form global task force 'aimed at eradicating streaming fraud'". Music Business Worldwide. Retrieved 3 September 2023.
  65. ^ "Spotify, Believe et Amazon Music s'allient pour lutter contre les fraudes sur les streams". Booska-P. Retrieved 3 September 2023.
  66. ^ "Streaming : fraudes massives sur les plateformes d'écoutes". Capital. Retrieved 3 September 2023.
  67. ^ "Music distributors ally to fight streaming fraud". Complete Music Update. Retrieved 3 September 2023.
  68. ^ "Indie Distributors, Spotify & Amazon form Music Fights Fraud taskforce". Hyperbot. Retrieved 3 September 2023.
  69. ^ "Digital music company Believe plans Paris stock market debut". Reuters. Retrieved 26 August 2023.
  70. ^ "Musique : Believe continue de tisser sa toile". Les Echos. Retrieved 26 August 2023.
  71. ^ Ménage, Gaëlle (18 Sep 2019). "Next40 : Forbes Vous Fait Découvrir Les Pépites De La French Tech". Forbes France (in French). Retrieved 20 Nov 2019.
  72. ^ Investor Allstars (sponsor) (4 Oct 2019). "A celebration of European tech takes over central London". Sifted.eu. Retrieved 20 Nov 2019.
  73. ^ Smith, Dylan (3 Aug 2020). "Tunecore, Believe Digital Sued for Massive and Willful Copyright Infringement". Digital Music News. Retrieved 1 May 2021.
  74. ^ "Content ID". Believe. Retrieved 9 November 2023.
  75. ^ "From Paris, with love (and some astute market criticisms)". Music Business Worldwide. Retrieved 9 November 2023.
  76. ^ "How YouTube Is Fixing Its Most Controversial Feature". Fast Company. Retrieved 9 November 2023.
  77. ^ "Allegations against Believe Music". YouTube. 3 Jan 2023. Retrieved 3 Jan 2023.

April 08, 2024
believe, music, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, neutrality, this, article, disputed, relevant, discussion, found, talk, page, please, remove, this, mess. This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages The neutrality of this article is disputed Relevant discussion may be found on the talk page Please do not remove this message until conditions to do so are met July 2019 Learn how and when to remove this template message This article s use of external links may not follow Wikipedia s policies or guidelines Please improve this article by removing excessive or inappropriate external links and converting useful links where appropriate into footnote references June 2020 Learn how and when to remove this template message Learn how and when to remove this template message Believe also known as Believe Music previously known as Believe Digital is a global digital music company headquartered in France 5 6 Believe has several brands including TuneCore Nuclear Blast Naive Groove Attack Play Two and AllPoints BelieveCompany typePublicTraded asEuronext Paris BLVIndustryMusicFounded2005 19 years ago 2005 HeadquartersParis FranceNumber of locations50 countriesArea servedWorldwideKey peopleDenis Ladegaillerie Chief Executive Officer and founder Xavier Dumont Chief Financial amp Strategy Officer Beatrice Dumurgier Chief Operating Officer ServicesMusic publishingDigital distributionRevenue 760 million 2022 Number of employees1 650 employees 2023 Websitebelieve wbr comFootnotes references 1 2 3 4 Believe exists in more than 50 countries 7 in Europe America Asia and Africa 8 Contents 1 History 1 1 Beginnings 1 2 Growth 1 3 Acquisitions and affiliates 2 Activities 3 Artists 4 Awards 5 Copyright controversy 6 ReferencesHistory editBeginnings edit The company was founded in 2005 by Denis Ladegaillerie Arnaud Chiaramonti and Nicolas Laclias 9 The company operates from Paris and was introduced on Euronext marketplace in June 2021 and it raised 300 million euros 10 11 Believe also has a subsidiary in Luxembourg Believe International which serves as a hub for the digital distribution Growth edit Believe s expansion was fuelled by 60m growth capital investment from Ventech Technology Crossover Ventures TCV and XAnge In August 2016 the company acquired the French independent label Naive Records for 10m seeking to improve value from the company s extensive back catalogue and restarted the label s issuing of new recordings as physical CDs in 2017 In 2019 Believe expanded its presence in both Russia and India The Group s market shares in these countries are 25 and 15 respectively In India there are Bollywood stars in the Group s catalog like Ayushmann Khurrana 12 In 2021 Believe generated 682M in annual revenues 13 increasing compared to the previous year 13 14 By the end of 2022 Believe demonstrated its growth model The organic growth target of 2022 raised for the second time to over 30 and was expected to exceed the targets set at the Initial Public Offering IPO 15 Believe s performance in 2022 witnessed an acceleration in growth as compared to the prior year Indeed the company increased revenues by 135 8 million 30 7 Year over Year from 441 4 million in 2020 16 Accordingly Believe s 2022 revenue increased to reach 452 4 million in Europe 199 3 million in Asia Pacific and Africa and 109 2 million in the Americas 17 In 2023 it was reported that Believe has exceeded the milestone of 1 billion in digital music sales DMS for 2022 18 19 which reflected the effectiveness of Believe s business model and strategy that mainly seek to support artists and labels at each stage of their careers 20 21 The same year it was also reported that Believe has one of the highest growth rates in the music streaming industry due to its digital positioning and its proactive investment strategy in emerging areas particularly Asia 22 In 2023 Believe announced 760 million in sales for 2022 23 24 Acquisitions and affiliates edit In 2015 Believe announced the acquisition of Musicast 25 26 The same year TuneCore the U S digital distribution company is acquired by Believe Digital 27 28 In 2016 Believe acquired Naive 29 In 2017 Believe Recordings became AllPoints 30 and developed its production sector with the launch of 3 labels 31 All Points Naive and Animal 63 32 In 2018 Believe acquired a majority stake in the German metal label Nuclear Blast 33 34 Also Believe acquired the German label Groove Attack 34 The same year it took 49 stake in Lili Louise Musique then in September 2018 Believe acquired a 49 stake in French indie label Tot ou Tard from Wagram Music 35 In 2019 Believe acquired Mumbai live event production specialist Entco and rebranded the company Believe Entertainment 36 37 The same year Believe acquired three other Indian companies Bollywood music specialist Venus Music Private Ltd 38 which includes well known Bollywood movie trailers 39 Entco Music Private Ltd production of live events and Canvas Talent Private Ltd India based artist services development and booking company 40 specialized in services for artists In the same year Believe took 49 stake in 6 amp 7 SAS In 2020 the company acquired a majority stake 60 in the Turkish Dogan Music Company for 18 8 million a stake in Ircam Amplify an entity of the Institut de Recherche et de Coordination Acoustique Musique IRCAM and the assets of SoundsGood specialized in the creation of playlists on streaming platforms 41 The same year in February Believe and Nuclear Blast launched Blood Blast distribution which would offer dedicated distribution to digital streaming and download platforms and help artists as well as brands make their music accessible to audiences worldwide 42 43 In 2021 Believe took a 25 stake in Play Two France s leading independent music label and a subsidiary of the TF1 Group 44 45 The same year Believe acquired 15 stake in Philippines based Viva Music And Artists Group 46 47 51 stake in French Indie label Jo amp Co 48 49 and a 76 stake in South India based label Think Music 50 Also in 2021 it was reported that Believe made 18 acquisitions in the previous six years 51 In March 2023 Believe acquired the British music publisher Sentric Music for 51 million 52 Believe s acquisition of this tech powered music publishing platform reflected its plans to move into music publishing 53 Believe s inclination towards publishing is seen in its recent investments in Europe India and Asia to globally expand and develop 54 For example Believe partnered with the French pop label Structure and the Germany based brand Madizin Music Believe also formed a partnership with the Indian label Panorama Music 55 In March 2024 Warner Music Group revealed that it had placed a bid to acquire Believe in a deal valued at 17 euros per share or roughly 1 65 billion euros 56 Activities editIn September 2022 YouTube launched its new option Creator Music and Believe was among its independent partners 57 In March 2023 it was announced that Believe is launching a new distribution unit Avant Garde to help different French labels artists and producers in the diverse genres of Rap Afro and R amp B 58 59 In late April 2023 Believe revealed that it was exploring numerous artificial intelligence partnerships 60 Indeed Believe tends to focus on how AI can efficiently help the company implement its main functions marketing and promotion 61 In May 2023 Believe was among global distribution partners of TikTok to launch its Artist Impact Program which enables artists to participate in TikTok s Commercial Music Library and allows them to add trending songs to this Commercial Music Library with the possibility of monetizing their music 62 63 More precisely Believe was part of the Commercial Music Library s network of partnerships that supported the realization of TikTok s program devoted to discovering and rediscovering artists 62 In June 2023 Believe joined the new joint initiative Music Fights Fraud 64 a joint operation with Spotify and Amazon Music and others to globally combat and eradicate streaming fraud 65 64 66 67 This operation requires its members to share information to fight alleviate and globally implement anti fraud measures with particular attention to streaming fraud and manipulation 68 Artists editBelieve s strategy includes scouting out singers and helping them launch their careers online 69 In August 2023 it was reported that Believe included 1 3 million artists 70 Awards editIn September 2019 the French government identified Believe as one of the 40 most promising French start ups with the French Tech Next40 index 71 In October 2019 Believe was named Europe s Allstar Company at the 17th Annual Investor Allstars Awards in London 72 Copyright controversy editBelieve has been accused of copyright trolling particularly on YouTube where it has been alleged to engage in claiming copyright for works that are either copyright free or that they do not own the rights to The company was the subject of a New York federal lawsuit alleging that they were behind large scale willful copyright infringement 73 Concerning the copyright and its management Believe submits content under its license and available on YouTube through the Content ID algorithm 74 YouTube s automatic identification system that detects copyright protected content on the platform 75 If the system finds a match a Content ID claim is applied to the matching content 76 Despite the previous lawsuit Believe Music has persisted in making copyright claims even on music very clearly in the public domain and on songs by independent artists 77 References edit Believe donne de la voix en digital Strategies March 31 2022 Retrieved September 16 2023 Beatrice Dumurgier appointed Chief Operating Officer of Believe Music Business Worldwide September 12 2022 Retrieved September 16 2023 Believe publie un chiffre d affaires de 760 millions d euros pour 2022 et ameliore sa rentabilite MusicBiz Retrieved September 16 2023 Profil societe de Believe ABC Bourse Retrieved September 16 2023 Digital music company Believe acquires Think Music Financialexpress Retrieved 2022 09 06 Kar gupta Sudip Barzic Gwenaelle 2021 05 10 Digital music company Believe plans Paris stock market debut Reuters Retrieved 2022 09 06 Le label musical Believe veut lever 500 millions grace a son entree en Bourse BFM Bourse Retrieved 20 September 2023 Believe generated revenues of 182m in Q1 up 30 9 YoY Music Business Worldwide Retrieved 20 September 2023 Believe Digital la pepite francaise de la musique qui fait de l ombre aux majors L Expansion in French 28 May 2015 Retrieved 1 Jun 2021 Believe successfully raises 300m in Paris IPO giving TuneCore owner a market cap of 1 9bn Music Business Worldwide 2021 06 09 Retrieved 2022 09 04 Believe generated 1bn in Digital Music Sales last year Music Business Worldwide Retrieved 8 August 2023 Le francais Believe veut devenir le Publicis de la musique Les Echos Retrieved 1 October 2023 a b Believe generated 682m in annual revenues last year up 30 7 YoY Music Business Worldwide 2022 03 17 Retrieved 2022 09 14 Adam Nick J 2021 09 15 Believe revenues jump 30 in H1 2021 to over 300 million Music Business Worldwide TechiLive in Retrieved 2022 09 14 Musique Believe superstar Les Echos Retrieved 10 September 2023 Believe generated 800m in annual revenues in 2022 up 31 8 YoY Music Business Worldwide Retrieved 10 September 2023 Believe Posts 32 2022 Revenue Jump As Asia Pacific and Africa Income Cracks 200 Million Digital Music News Retrieved 29 September 2023 Believe generated 1bn in Digital Music Sales last year Music Business Worldwide Retrieved 26 September 2023 Believe Generated Over 1 Billion From Digital Music Sales During 2022 Execs Announce Digital Music News Retrieved 26 September 2023 Believe atteint 1 milliard d euros de digital music sales Boursorama Retrieved 26 September 2023 Believe Hits 1 Billion Digital Music Sales Yahoo Finance Retrieved 26 September 2023 BELIEVE Zonebourse Retrieved 26 September 2023 Believe publie un chiffre d affaires de 760 millions d euros pour 2022 et ameliore sa rentabilite MusicBiz Retrieved 28 September 2023 Profil societe de Believe ABC Bourse Retrieved 28 September 2023 La maison de disques Believe rachete Musicast et se renforce dans la musique urbaine Les Echos in French 2015 12 29 Retrieved 2022 09 06 Durand Corentin 2017 07 07 Believe pourquoi le geant de la musique numerique derriere Jul et The Blaze lance trois labels Numerama in French Retrieved 2022 09 06 Believe Digital la pepite francaise de la musique qui fait de l ombre aux majors LExpansion com in French 2015 05 28 Retrieved 2022 09 08 Tunecore launches in the UK charging 19 99 per album upload Music Business Worldwide 2015 09 01 Retrieved 2022 09 08 Le label de musique Believe revoit ses ambitions en Bourse a la baisse BFM Bourse in French 2021 06 01 Retrieved 2022 09 08 Believe Recordings n est plus Vive Allpoints L ecume des Sons Retrieved 28 September 2023 Believe pourquoi le geant de la musique numerique derriere Jul et The Blaze lance trois labels Numerama Retrieved 28 September 2023 La societe Believe lance trois labels de musique Le Point Retrieved 28 September 2023 Believe Le groupe d edition musicale Believe recule en Bourse apres une introduction en bas de fourchette BFM Bourse in French 2021 06 10 Retrieved 2022 09 10 a b Believe Music Business World Retrieved 8 August 2023 Wagram Music se reorganise en operateur global Le Monde Retrieved 8 August 2023 Grace Anna 2019 09 24 Believe buys Indian event production company Entco IQ Magazine Retrieved 2022 09 11 Khatri Bhumika 2019 09 18 French Startup Believe Sets Up Base In Indian Live Music Market With Entco Acquisition Inc42 Media Retrieved 2022 09 11 Paris based Believe acquires Venus Music The Economic Times Retrieved 13 August 2023 Digital Music Giant Believe Acquires India s Venus Music Rebrands it Ishtar Yahoo Retrieved 26 August 2023 3 things to know about Believe s finances as it launches IPO at a 2 billion company valuation Music Business Worldwide 3 things to know about Believe s finances as it launches IPO at a 2 billion company valuation Music Business Worldwide 2021 06 01 Retrieved 2022 09 12 Believe and Nuclear Blast team up to launch Blood Blast Distribution dedicated to extreme music Music Business Worldwide Retrieved 3 September 2023 Nuclear Blast and Believe launch new distribution offering Blood Blast Music Week Retrieved 3 September 2023 Play Two Annonce Un Partenariat Strategique Avec Believe groupe tf1 fr in French 2021 11 03 Retrieved 2022 09 13 Believe acquiert une participation de 25 dans le label Play Two filiale de TF1 Capital fr in French 2021 11 04 Retrieved 2022 09 13 Believe acquires 15 stake in Philippines based Viva Music and Artists Group for 26m Music Business Worldwide 2021 12 02 Retrieved 2022 09 13 Smith Dylan 2021 12 02 Believe Acquires 15 of Philippines Based Viva Music and Artists Group Digital Music News Retrieved 2022 09 13 Believe prend une participation majoritaire dans Jo amp Co Boursier com in French Retrieved 2022 09 13 Believe acquires 51 stake in French indie label Jo amp Co Music Business Worldwide 2022 01 04 Retrieved 2022 09 13 Believe Prise de controle de l indien Think Music BFM Bourse in French 2021 11 29 Retrieved 2022 09 13 Digital music company Believe plans Paris stock market debut Reuters Retrieved 3 September 2023 Believe blasts into publishing buying 51m valued Sentric Music Business Worldwide Retrieved 19 August 2023 Believe Moves Into Music Publishing With The Acquisition Of The Digital Music Publishing Platform Sentric Celebrity Access Retrieved 19 August 2023 Believe Breaks Into Publishing By Acquiring UK Based Sentric Music Group Billboard Retrieved 26 October 2023 Believe has cash firepower for acquisitions in 2023 What s it going to buy Music Business Worldwide Retrieved 26 October 2023 Warner Music plans 1 65 bln euro bid to buy France s Believe Retrieved 2024 04 05 YouTube announces Creator Music a new way for creators to shop for songs for use in videos TechCrunch Retrieved 26 August 2023 Believe ouvre une cellule de distribution pour aider ses artistes Generations Retrieved 19 August 2023 Believe lance sa nouvelle cellule de distribution Avant Garde Booska P Retrieved 19 August 2023 TuneCore Partners With CreateSafe To Vet and Distribute Grimes AI Music The Use of AI Allows Artists To Enhance Their Creativity Digital Music News Retrieved 10 September 2023 Local artists market share is rising on music services and 3 other things we learned from Denis Ladegaillerie on Believe s latest earnings call Music Business Worldwide Retrieved 10 September 2023 a b TikTok launches Artist Impact Program inks several distribution deals to connect artists with brands Music Business Worldwide Retrieved 10 September 2023 TikTok Officially Announces the Artist Impact Program Expanding the TikTok Commercial Music Library Digital Music News Retrieved 10 September 2023 a b Believe EMPIRE Spotify Amazon Music and more team up to form global task force aimed at eradicating streaming fraud Music Business Worldwide Retrieved 3 September 2023 Spotify Believe et Amazon Music s allient pour lutter contre les fraudes sur les streams Booska P Retrieved 3 September 2023 Streaming fraudes massives sur les plateformes d ecoutes Capital Retrieved 3 September 2023 Music distributors ally to fight streaming fraud Complete Music Update Retrieved 3 September 2023 Indie Distributors Spotify amp Amazon form Music Fights Fraud taskforce Hyperbot Retrieved 3 September 2023 Digital music company Believe plans Paris stock market debut Reuters Retrieved 26 August 2023 Musique Believe continue de tisser sa toile Les Echos Retrieved 26 August 2023 Menage Gaelle 18 Sep 2019 Next40 Forbes Vous Fait Decouvrir Les Pepites De La French Tech Forbes France in French Retrieved 20 Nov 2019 Investor Allstars sponsor 4 Oct 2019 A celebration of European tech takes over central London Sifted eu Retrieved 20 Nov 2019 Smith Dylan 3 Aug 2020 Tunecore Believe Digital Sued for Massive and Willful Copyright Infringement Digital Music News Retrieved 1 May 2021 Content ID Believe Retrieved 9 November 2023 From Paris with love and some astute market criticisms Music Business Worldwide Retrieved 9 November 2023 How YouTube Is Fixing Its Most Controversial Feature Fast Company Retrieved 9 November 2023 Allegations against Believe Music YouTube 3 Jan 2023 Retrieved 3 Jan 2023 Retrieved from https en wikipedia org w index php title Believe Music amp oldid 1217348697, wikipedia, wiki, book, books, library,

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