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Investment Summary

Believe Invests In Jo&Co

On January 4, 2022, Believe invested in media company Jo&Co

Investment Highlights
  • This is Believe’s 3rd transaction in the Media sector.
  • This is Believe’s 2nd transaction in France.

Investment Summary
Date 2022-01-04
Target Jo&Co
Sector Media
Investor(s) Believe
Deal Type Stake Purchase

Target

Jo&Co

Paris, France
Jo&Co is a music and video production company founded by Sébastien Saussez. The label provides them with career guidance. Jo&Co thus supports artists with a distinctive creative identity, such as Zaz, Claudio Capéo, Hoshi, Les Frangines, John Mamann, Elisa Tovati, Brice Conrad, The King’s Son. Jo&Co also created two sub-labels in 2018: UV (Urban Vibes) for urban music and 8PM for indie pop.

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Investor(S) 1

Investor

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 4 of 4
Sector: Media M&A 3 of 3
Type: Stake Purchase M&A Deals 1 of 1
Country: France M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS 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.

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