> ## Content Index
> Fetch the complete content index at: https://www.hypebot.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Sony To Purchase Believe Digital, TuneCore For $400M+ [REPORT]
- URL: https://www.hypebot.com/sony-to-purchase-believe-digital-tunecore-for-400m-report/
- Published: 2017-07-14T14:45:03.000Z
- Updated: 2017-07-14T14:45:03.000Z
- Description: Sony Music Entertainment is in final talks to acquire French independent music distribution and label services provider Believe Digital, and its d.i.y distribution subsidiary TuneCore, according to a new report.. Continue reading [https://www.hypebot.com/hypebot/2017/07/sony-to-purchase-believe-digi
- Author: Bruce Houghton
- Tags: Major Labels, Music Tech, Amazon, Apple, Apple Music, Google, music, Music Business, music industry, musician, musicians, Pandora, Spotify, Tech Stories, YouTube, #wp, #wp-post, #Import 2026-01-21 10:13

[![Sony-Music-logo-wordmark](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c90bbcfd970b-200wi "Sony-Music-logo-wordmark")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c90bbcfd970b-popup?ref=hypebot.com)Sony Music Entertainment is in final talks to acquire French independent music distribution and label services provider Believe Digital, and its d.i.y distribution subsidiary TuneCore, according to a new report. Last month, Hypebot broke the story that [Believe was actively for sale](https://www.hypebot.com/believe-digital-aggressively-seeks-sale-major-players-show-interest-exclusive/), with all three major label groups among the most interested buyers.

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

[![image from www.hypebot.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb09aef5cc970d-200wi "image from www.hypebot.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb09aef5cc970d-popup?ref=hypebot.com)

The world's second largest music group, Sony Music Entertainment, is poised to become a dominant force in indie music, as well. Sony will purchase a majority stake in Believe Digital and TuneCore for an estimated $355 million to $444 million, according to the [Nikeii Asian Review](http://asia.nikkei.com/Business/Deals/Sony-to-buy-French-music-company-Believe-Digital?ref=hypebot.com). 

Founded by current president Denis Ladegaillerie in 2004, Believe began an aggressive expansion in 2015, financed by $60 million from private equity firms TCV, XAnge, GP Bullhound and Ventech. TCV also led a $250 million funding round for Spotify in September 2014, and is a major investor in Vice Media.Combining Believe and TuneCore with Sony's recently merged indie distribution arms, The Orchard and RED, and Sony becomes a global independent music powerhouse. The transaction is expected to close as early as this year. [![Tunecore logo new](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d296109e970c-150wi "Tunecore logo new")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b8d296109e970c-popup?ref=hypebot.com)**Why?** With steaming breaking down most geographic barriers, most independent labels want to sign with one distributor globally, a digital music executive tod Hypebot when we broke the news that Believe was for sale. By putting Believe and Tunecore alongside The Orchard and RED, Sony can deliver that. 

Related articles

[![](http://i.zemanta.com/351830862_80_80.jpg)](https://www.hypebot.com/hypebot/2015/07/sony-music-tells-court-its-not-their-job-to-make-artists-money-.html)[Sony Music Tells Court It's Not Their Job To Make Artists Money](https://www.hypebot.com/hypebot/2015/07/sony-music-tells-court-its-not-their-job-to-make-artists-money-.html)

[![](http://i.zemanta.com/352792589_80_80.jpg)](https://www.hypebot.com/flipagram-raises-70-million-announces-major-label-music-publisher-deals/)[Flipagram Raises $70 Million, Announces Major Label, Music Publisher Deals](https://www.hypebot.com/flipagram-raises-70-million-announces-major-label-music-publisher-deals/)

[![](http://i.zemanta.com/AV02t0nixitxOgoF3ZZo_80_80.jpg)](https://www.hypebot.com/spotify-sony-deal-confirmed/)[Spotify Sony Deal With Windowing Confirmed](https://www.hypebot.com/spotify-sony-deal-confirmed/)

[![](http://i.zemanta.com/355413354_80_80.jpg)](https://www.hypebot.com/hypebot/2015/08/getting-it-done-the-week-in-diy-indie-music.html)[Getting It Done: The Week In DIY & Indie Music](https://www.hypebot.com/hypebot/2015/08/getting-it-done-the-week-in-diy-indie-music.html)

[![](http://i.zemanta.com/AVz5VuABhrquzSebwzO-_80_80.jpg)](https://www.hypebot.com/sony-music-is-opening-a-vinyl-pressing-plant-30-years-after-it-closed-the-last-one/)[Sony Music Is Opening A Vinyl Pressing Plant, 30 Years After It Closed The Last One – hypebot](https://www.hypebot.com/sony-music-is-opening-a-vinyl-pressing-plant-30-years-after-it-closed-the-last-one/)

[![](http://i.zemanta.com/353914821_80_80.jpg)](https://www.hypebot.com/international-songwriting-competition-announces-2105-judges-panel/)[International Songwriting Competition Announces 2105 Judges Panel](https://www.hypebot.com/international-songwriting-competition-announces-2105-judges-panel/)

[![](http://i.zemanta.com/354888853_80_80.jpg)](https://www.hypebot.com/taylor-swift-chose-not-to-fight-youtube-draaft/)[Why Taylor Swift Chose Not To Fight YouTube](https://www.hypebot.com/taylor-swift-chose-not-to-fight-youtube-draaft/)