The French company, facing criticism for operating in Russia, has grown with a digital focus and early bets on emerging markets like India and China.
Denis Ladegaillerie says Believe is "not looking at building or growing" in Russia despite revenue from Russia and Ukraine rising 9.9% in 2022.
Growth in first quarter coming largely from investments and paid streaming overseas, especially in Asia Pacific and Latin America.
Deal to buy company from Utopia Music values Sentric at €47 million and is first step in “a global and comprehensive publishing offer," Believe CEO says.
Annual revenues for the French music company increased to 760.8 million euros ($723.5 million) last year.
The Berlin-based label signed Freeze Corleone knowing UMG had dropped him, making a deal with him to keep it hidden.
The pop star, an avid art collector, may have unknowingly bought Langlois’ Diana and Endymion (or a copy), which has been missing from Amiens since 1918.
From his home in Brazil, the 75-year-old legend reflects on being banned from French radio, the best advice he gave to Daft Punk and the re-release of his catalog: "I think I will not die."
Jeronimo Folgueira, who took the reins in 2021, says a deal with German media powerhouse RTL will be “transformative” for the French company.
