Believe’s mission is to support independent artists and labels by offering them digital solutions adapted to their evolving needs at each stage of their development. Believe relies on its technological platform and the unique digital expertise of its employees to advise its artists and labels, distribute and promote their music. Its 1,500 employees in more than 50 countries support them with a unique digital expertise, respect, fairness and transparency. Believe offers its various solutions through a portfolio of brands including TuneCore, Nuclear Blast, Naïve, Groove Attack and AllPoints.
Believe is listed on compartment A of the regulated market of Euronext Paris (Ticker: BLV.PA, ISIN: FR0014003FE9).
Impala has invested through a dedicated Ventech fund.
Key figures
- 850,000 artists at different levels of development
- 20 million tracks on music platforms
- 1500+ employees
Consolidated Group | 2020 | 2021 | 2022 | 2023 |
Revenues (in M€) | 448,2 | 577,2 | 760,8 | 880,3 |
H1 2022 revenues in % by geography
Europe | 60 % |
– including France | (17 %) |
– including Germany | (13 %) |
Asia, Pacific et Africa | 26 % |
North and South America | 15 % |
H1 2022 revenues in % by activity
Premium solutions | 94 % |
Automated solutions1 | 6 % |
(1) Solutions offered by TuneCore to emerging artists. A different business model, TuneCore charges a flat fee per track, and the artist receives the revenue from sales.
Governance
Denis Ladegaillerie
CEO
Xavier Dumont
DGM and CFO