M&A Deal Summary

Believe Acquires TuneCore

On April 16, 2015, Believe acquired media company TuneCore

Acquisition Highlights
  • This is Believe’s 1st transaction in the Media sector.
  • This is Believe’s 1st transaction in the United States.
  • This is Believe’s 1st transaction in New York.

M&A Deal Summary
Date 2015-04-16
Target TuneCore
Sector Media
Buyer(s) Believe
Deal Type Add-on Acquisition

Target

TuneCore

Brooklyn, New York, United States
TuneCore, Inc. is an independent digital music distribution service.

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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 1 of 4
Sector (Media) 1 of 3
Type (Add-on Acquisition) 1 of 3
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-25 naïve

Paris, France

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

Buy $12M
Mergr

Product

Company

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