Tag

Believe

All articles tagged with #believe

music-industry1 year ago

Universal Music Sues TuneCore and Believe for $500M Over Alleged Copyright Infringement

Universal Music Group has filed a lawsuit against Believe, a French music company, and its US subsidiary TuneCore, accusing them of distributing pirated songs on streaming platforms under misspelled versions of popular artists' names, such as "Llady Gaga" and "Kendrik Laamar." The lawsuit claims Believe's business model is based on piracy, allowing fraudulent artists to distribute infringing copies of copyrighted recordings. Believe, which operates globally and partners with major platforms like Spotify and YouTube, is alleged to have knowingly facilitated this distribution.

music-industry1 year ago

UMG Files $500M Lawsuit Against Believe and TuneCore for Alleged Copyright Violations

Universal Music Group, along with ABKCO Music & Records and Concord Music Group, has filed a $500 million lawsuit against Believe and its subsidiary TuneCore, accusing them of large-scale copyright infringement. The lawsuit, filed in New York, claims Believe has distributed unauthorized copies of popular recordings on platforms like TikTok and Spotify, often as 'sped up' or 'remixed' versions. UMG alleges Believe's business model relies on piracy, manipulating systems like YouTube's Content ID to monetize these tracks. This case highlights ongoing concerns about unauthorized music distribution in the digital age.

business1 year ago

EQT Consortium Offers €1.5B Takeover Bid for Believe

A consortium consisting of EQT, Denis Ladegaillerie, and TCV has launched a $1.64 billion takeover bid for Believe, a music company. The consortium has secured agreements to acquire around 75% of Believe and plans to make a cash tender offer for the remaining 25%. If the acquisition is approved, the consortium aims to re-privatize the company and consolidate the independent music market. Believe is set to announce its fiscal results for 2023 in March and expects organic revenue growth of 14% YoY and an adjusted EBITDA margin slightly above 5.5% for the year.

entertainment2 years ago

Cher Reflects on 'Believe' Turning 25 and Releases First Christmas Album

Cher reacts to the 25th anniversary of her hit song "Believe" with a mix of disbelief and humor during an interview. The song spent four weeks at No. 1 on the Billboard Hot 100 and earned Cher a Grammy Award. Cher expresses her dislike for aging and jokes about wanting to be 70 again. She also discusses her plans to write a memoir and her upcoming Christmas album.

entertainment2 years ago

Cher Reflects on Her Iconic 'Believe' Album and Personal Life Journey

Cher, the iconic singer and performer, discusses her first Christmas album, titled "Christmas," which features guest appearances from Stevie Wonder, Cyndi Lauper, Michael Bublé, Tyga, and Darlene Love. Cher also opens up about her unexpected romance with music producer Alexander Edwards, who encouraged her to return to the studio. She reflects on her career, the legacy of her hit single "Believe," and her continued ambition and love for music at the age of 77.