M&A Deal Summary

Believe Acquires naïve

On August 25, 2016, Believe acquired media company naïve for 12M USD

Acquisition Highlights
  • This is Believe’s 2nd transaction in the Media sector.
  • This is Believe’s largest (disclosed) transaction.
  • This is Believe’s 1st transaction in France.

M&A Deal Summary

Date 2016-08-25
Target naïve
Sector Media
Buyer(s) Believe
Deal Type Add-on Acquisition
Deal Value 12M USD

Target

naïve

Paris, France
naïve is a record label company that specializes in electronic, jazz, pop and classical music.

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Buyer(S) 1

Buyer

Believe

Paris, France

Category Company
Founded 2005
Sector Distribution
Employees1,850
Revenue 761M EUR (2022)
DESCRIPTION

Believe is a fully independent digital distributor and services provider for artists & labels worldwide. The company empowers artists and labels to maximize the value of their music in the transitioning digital music space by providing them with a full suite of services: digital music and video distribution, digital marketing and promotion services, synchronization and neighboring rights management, full label services, including in-house record label Believe Recordings, and complete DIY services with TuneCore. Believe was formed in 2005 and is based in Paris, France.


DEAL STATS #
Overall 2 of 4
Sector (Media) 2 of 3
Type (Add-on Acquisition) 2 of 3
Country (France) 1 of 2
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-16 TuneCore

Brooklyn, New York, United States

TuneCore, Inc. is an independent digital music distribution service.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-29 Think Music

Chennai, India

Think Music is a digital music market segment, providing digital go-to-market solutions to Bollywood music labels. Think Music was founded in 2013 and is based in Chennai, India.

Buy -