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Believe Music

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Believe
IndustryMusic Industry
Headquarters
France Edit this on Wikidata
Number of locations
44 countries
Area served
Worldwide
Key people
Denis Ladegaillerie (Chief Executive Officer), Romain Vivien (Board member and managing Director), Xavier Dumont (Director General), Marie-Anne Robert (Global Head of Artist Services)
ServicesDigital Music Distribution
Number of employees
990 employees
Websitehttps://www.believemusic.com/

Believe (also known as Believe Digital, Believe Distribution Services and Believe Music) is a Paris-based record label and music distributor.[1] It has more than 20 brands and labels, such as Believe Distribution Services, AllPoints, Naïve, and Nuclear Blast.

History

Beginnings

The company was founded in 2005 by Denis Ladegaillerie, Arnaud Chiaramonti and Nicolas Laclias.[2]

Although operating from its global headquarter in Paris, France, the company is legally headquartered in Luxembourg, supposedly for tax purposes.

Growth

Believe acquired the US. distribution service for independent artists TuneCore in April 2015. Believe Digital's expansion was fueled by $60m growth capital investment from 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 September 2018, Believe acquired a 49% stake in French indie label Tôt ou tard from Wagram Music. In October 2018, Believe acquired a majority stake in German label Nuclear Blast.

According to news reports,[3] Believe projected it will reach €700 million in revenue in 2019, while providing services and distribution for 1.5 million artists. By the end of 2019, it estimated it will have 1,200 employees worldwide.

The company has embarked on an expansion drive in developing digital music markets such as Russia and India.[4] In 2019, Believe acquired Mumbai live event production specialist Entco, and rebranded the company “Believe Entertainment.”

Artists

Current artists

  • Rockin Rose(since 2019)[5]
  • Nightwish(since 2018)[6]

Controversy

Believe has been accused of Copyright troll, particularly on YouTube, where it has been alleged to engage in claiming copyright for works that are either copyright free or do not own the rights to.[7][8][9]

They were the subject of a New York federal lawsuit alleging large scale, willful copyright infringement.[10]

Awards

In September 2019, the French government identified Believe as one of the 40 most promising French start-ups, with the French Tech Next40 index.[11]

In October 2019, Believe was named Europe’s “Allstar” company at the 17th Annual Investor Allstars awards in London.[12]

References

  1. ^ GmbH, finanzen net. "World's Biggest Heavy Music Label Just Got Heavier | Markets Insider". markets.businessinsider.com. Retrieved 2019-11-20.
  2. ^ L'Express Believe Digital, la pépite française de la musique qui fait de l'ombre aux majors Raphaële Karayan, 28 May 2015] "On en parle peu mais c'est pourtant l'une des "pépites" les plus prometteuses. Believe Digital, créé en 2005, est le leader français et européen de la distribution numérique d'artistes et de labels independents. Il a racheté en avril l'américain TuneCore, qui gère le catalogue numérique d'artistes independents le plus important au monde. "
  3. ^ "Le français Believe veut devenir le " Publicis de la musique "". Les Echos (in French). 2019-10-03. Retrieved 2019-11-20.
  4. ^ "Believe buys Indian event production company Entco". IQ Magazine. 2019-09-24. Retrieved 2019-11-20.
  5. ^ https://www.thecowboychannel.com/story/43495283/rockin-rose-signed-to-major-label-believe-music
  6. ^ https://metalinjection.net/its-just-business/nuclear-blast-majority-interest-acquired-by-believe-digital
  7. ^ "How I Deal With Fake YouTube Copyright Claims by Believe Music". Medium. Retrieved 1 May 2021.
  8. ^ "Believe Music Copyright Scam". Reddit. Retrieved 1 May 2021. {{cite web}}: |first1= missing |last1= (help)
  9. ^ "Copyright claim by "believe music" on youtube video". envato forums. Retrieved 1 May 2021.
  10. ^ Smith, Dylan. "Tunecore, Believe Digital Sued for Massive and Willful Copyright Infringement". Digital Music News. Retrieved 1 May 2021.
  11. ^ Ménage, Gaëlle (2019-09-18). "Next40 : Forbes Vous Fait Découvrir Les Pépites De La French Tech". Forbes France (in French). Retrieved 2019-11-20.
  12. ^ "A celebration of European tech takes over central London". Sifted. Retrieved 2019-11-20.
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