Believe S.A. Overview
Pro stress-test →Believe S.A. is one of the world's leading digital music companies, helping artists and labels build their audiences and careers, at all stages of their development, in all local markets around the world, with respect, expertise, fairness and transparency. The company provides digital music services for independent labels and local artists globally and operates through two segments, Premium Solutions and Automated Solutions.
Strategic Profile
Pro stress-test →Founded in 2005, Believe provides digital solutions optimized for the evolving needs of artists and independent labels at every level of their career and is present in more than 50 countries. Believe offers its various solutions through a portfolio of brands including TuneCore, Nuclear Blast, Naïve, Groove Attack and AllPoints. Net sales are distributed geographically with France (16.5%), Germany (11.2%), Europe (33%), Asia/Oceania/Africa (24%) and Americas (15.3%).
Competitive Landscape
Pro stress-test →Believe competes in the digital music distribution space against Universal Music Group (€41.9B market cap), Warner Music Group (€15.5B market cap), and Deezer (€162M market cap). Unlike the major labels, Believe focuses specifically on independent artists and labels across a technology-enabled, global platform.
Industry Context
Believe S.A. operates in Digital Music Distribution and Artist Services.
Key facts
Founded: 2005 · Headquarters: Paris, France · Employees: 3,100 · Revenue: $988.83M (2024) · Market cap: $1.528B EUR