Denis Ladegaillerie on AI, streaming royalty models, Believe's game plan... and more

Welcome to the latest Music Business Worldwide podcast
supported by Voly Music.
On this 'cast, MBW founder Tim Ingham is joined
by Denis Ladegaillerie, founder and CEO of
Believe.

Paris-headquartered Believe is now well established as one
of the largest recorded music companies in the world, both via
its Believe-branded artist and label services operation, as well
as its subsidiary, TuneCore, which announced the close of last
year that it had paid out over USD $3 billion to
independent artists to date.


Believe currently is valued at around USD $1 billion on
the Paris Euronext stock exchange, having turned over around
USD $450 million in revenue in the first half of
2023.

(Believe reports its revenues in Euros.)

On this podcast, MBW's Ingham asks Ladegaillerie
all about a number of key topics including:

- How the music industry should deal with streaming
fraud;
- Why Asia is set to commercially explode in music in the years
ahead;
- What Believe’s strategy is to challenge the ‘major’ music
companies; and
- Yep... Artificial Intelligence. (AI is a particularly timely
subject at Believe and TuneCore, which recently partnered with
Grimes to distribute music created by other artists using an AI
replication of her voice.)

One other important point: Believe is no longer just a
recorded music company.

Since March it has also run its own global music publishing
operation, housed under  TuneCore, following Believe's
acquisition of the $51 million-valued Sentric Music.