GlobeNewswire by notified

As part of its strong growth strategy in China, Believe renewed its deals with two leading digital players, NetEase Cloud Music and Tencent Music Entertainment

Share

As part of its strong growth strategy in China, Believe renewed its deals with two leading digital players, NetEase Cloud Music and Tencent Music Entertainment  

Paris, France – Thursday, 28 April 2022. Believe, one of the world’s leading digital music companies, announces the renewal of its deals with Chinese digital platforms Tencent Music Entertainment (TME) and NetEase Cloud Music, thus strengthening the wide range of services it provides to its labels and artists locally.

Believe has been a long-term partner of both platforms from early stages and the renewed deals will result in wider opportunities to develop its local and international artists on the platforms, notably as Believe became one of the first companies to make available daily streams statistics from TME and NetEase Cloud Music, thus allowing its labels and artists to monitor their performance on the platforms in real time.

Sylvain Delange, Managing Director, APAC at Believe, said, “We are thrilled to have renewed our deals with both TME and NetEase Cloud Music. China is one of the most domestic music markets in the world, with a strong consumption of local artists, by local audiences on local platforms, which could not be more aligned with Believe’s vision and core values of supporting local acts in their own markets. I’m very excited by the opportunities these partnerships will unlock for our labels and artists, allowing them to reach new wider audiences, and very much look forward to growing our business in China even further in the future.”

Operating in the country since 2016, Believe accelerated massively its investment in 2018 as the market matured and was one of the first international companies to sign distribution deals with local platforms, to significantly invest in local teams, as well as to develop its presence across the market’s largest cities. Believe now represents thousands of artists and hundreds of labels locally.

This long-term approach has allowed Believe to strengthen its local expertise to help its labels and artists reach significant levels of success. Among them, Chinese singer Young Captain, one of Believe’s Artist Services key clients in China, has grown his fanbase from 50K to 1 million on TME, with a record of 200 chart entries on TME, and from 300K to 2.7 million on NetEase Cloud Music to date since he started releasing music through Believe in May 2021, including his album "Young Captain's Music World" and multiple singles.

In the past decade, the Chinese music industry has undertaken a profound change towards a more structured ecosystem supporting music creation, fighting against piracy and offering greater transparency. Alongside players such as TME, NetEase Cloud Music and ByteDance, Believe has been at the forefront of this evolution, accompanying the switch of the Chinese music market toward a sustainable business model through its licensing approach and philosophy of supporting local artists, at all stages of their careers, with respect, expertise, fairness and transparency.

Tencent Music Entertainment (TME) is China’s leading online music entertainment platform also offering music and music-centric social entertainment services to over 800 million users through mobile apps such as QQ Music, Kugou Music, Kuwo Music and WeSing. NetEase Cloud Music is one of the fastest-growing music platforms in Chinese Mainland, a service launched in 2013 with 182.6 million monthly active users in 2021.

=======

About Believe 
Believe is one of the world’s leading digital music companies. Believe’s mission is to develop independent artists and labels in the digital world by providing them the solutions they need to grow their audience at each stage of their career and development. Believe’s passionate team of digital music experts around the world leverages the Group’s global technology platform to advise artists and labels, distribute and promote their music. Its 1,430 employees in more than 50 countries aim to support independent artists and labels with a unique digital expertise, respect, fairness and transparency. Believe offers its various solutions through a portfolio of brands including TuneCore, Nuclear Blast, Naïve. Groove Attack and AllPoints. Believe is listed on compartment A of the regulated market of Euronext Paris (Ticker: BLV. ISIN: FR0014003FE9).
www.believe.com

Press contacts:
Manon Jessua, manon.jessua@believe.com
Kelly Martin, kelly.martin@agenceproches.com, +33 6 63 52 94 74

Contact Investors Relations:
Emilie Megel, emilie.megel@believe.com, +33 6 07 09 98 60

Attachment

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Bombardier Publishes Challenger 3500 Business Jet Environmental Product Declaration22.5.2022 09:45:00 CEST | Press release

Challenger 3500 aircraft Environmental Product Declaration (EPD) provides detailed information about the aircraft’s life cycle environmental footprintIndustry leading super mid-sized business joins flagship Global 7500 asEPDqualifiedChallenger 3500 was designed through a sustainable lens in line with Bombardier’s environmental objectivesThe Challenger 3500 aircraft is already setting the standard as the industry’s leading super mid-size business jet GENEVA, Switzerland, May 22, 2022 (GLOBE NEWSWIRE) -- Bombardier announced today that it has published an Environmental Product Declaration (EPD) for the industry’s leading super mid-size business jet, the Challenger 3500 aircraft. Following Bombardier’s recent groundwork on making the Global 7500 aircraft the first business jet ever to receive an EPD, the Challenger 3500 aircraft is the first business jet in the super mid-size segment to have an EPD published. The validation, verification, and confirmation of the EPD for the Challenger 350

Media Advisory: Bombardier to Host Special Celebration at the European Business Aviation Conference and Exhibition in Geneva20.5.2022 23:30:00 CEST | Press release

GENEVA, May 20, 2022 (GLOBE NEWSWIRE) -- Bombardier will host a special live and virtual event at the European Business Aviation Convention and Exhibition (EBACE) in Geneva on Monday, May 23, 2022. The event, led by Éric Martel, President and CEO, Bombardier, will highlight the continued ingenuity, innovation and leadership that is an integral part of Bombardier’s DNA. Date:Monday, May 23, 2022Time:11:00 a.m. – 11:45 a.m. (Central European Time) 5:00 a.m. – 5:45 a.m. (Eastern Time; North America)Venue:Geneva Palexpo Route François-Peyrot 30, 1218 Le Grand-Saconnex, Switzerland Bombardier Booth Z117 For those unable to attend in person, the event will also be available live on LinkedIn and Facebook at the following links: LinkedIn Event: https://www.linkedin.com/events/anewerabegins-unenouvelle-recom6931966844190781440/ Facebook Event:https://fb.me/e/1TJdkC7rS YouTube Event:https://www.youtube.com/watch?v=DdotViyJROc About Bombardier Bombardier is a global leader in aviation, focused on

EVS Q1 2022 Business Update – Continued Strong Momentum20.5.2022 17:45:00 CEST | Press release

EVS Q1 2022 BUSINESS UPDATE – CONTINUED STRONG MOMENTUM Liège, Belgium, May 20, 2022 EVS, global leader in live video technology for broadcast and new media productions, today announces its business update for the first quarter ending 31 March 2022. HIGHLIGHTS The secured revenue* at end of March 2022 is at EUR 91,0 million Secured revenue excluding Big Event Rental is at EUR 81.8 million versus EUR 54.1 million at the same date last year, a growth of +51,2%Secured revenue for Big Event Rental is set at EUR 9.2 millionOrder intake for 2022 demonstrating important wins across the worldMediaInfra performance underlining success of past acquisition (Axon)Gross margin evolves according to expectations and operational expenses remain in line with the full year guidance set forward *secured revenue, formally reported as booked revenue, includes the already recognized revenue as well as open orders on hand that will be recognized as revenue in 2022 COMMENTS Serge Van Herck, CEO comments the b

Cool Company Ltd. – Mandatory Notification Of Trade20.5.2022 16:27:38 CEST | Press release

EPS Ventures Ltd., close associate of Cyril Ducau, Chair of the Board of Cool Company Ltd. (the “Company”), has on 16 May 2022 acquired 15,028 shares and on 19 May 2022 acquired 1,394 shares in the Company at a price of NOK 88.00 per share. Following the transaction, EPS Ventures Ltd. holds a total of 15,054,841 shares in the Company, equivalent to 37.63% of the Company’s shares. Please see attached notification form in accordance with the Market Abuse Regulation article 19. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Attachment Primary insider notification forms

CONDITIONS FOR RIKSBANK REVERSED AUCTIONS SEK MUNICIPAL BONDS20.5.2022 16:20:00 CEST | Press release

Anbudsförfarande kommuner och regioner, 2022-05-24BondsFixed rate notes issued in SEK by Municipalities or Regions with maturity in: 2025 The following issuers are accepted for delivery: JÖNKÖPINGS KOMMUN SKÅNE LÄNS LANDSTING NACKA KOMMUN VELLINGE KOMMUN VÄSTERÅS KOMMUN HUDDINGE KOMMUN BORÅS KOMMUN HELSINGBORGS KOMMUN STOCKHOLMS LÄNS LANDSTING STOCKHOLMS KOMMUN GÖTEBORGS KOMMUN MALMÖ KOMMUN Delivery may not be made in Bonds purchased by the Counterparty from the issuer less than one week prior to the date for announcing the Specific terms, i.e. the purchase may not have been made after: 2022-05-13BidsBids are made to tel 08-696 69 70 and confirmed in writing by a filled-in Bid form by e-mail to EOL@riksbank.se Bid date2022-05-24Bid times10.00-11.00 (CET/CEST) on the Bid dateRequested volume (corresponding nominal amount)SEK 500 +/- 500 millionHighest permitted bid volume (corresponding nominal amount)The total bid volume from one Counterparty for the two Credit rating classes may not e