France - CMU | the music business explained

Believe board backs buyout bid - but company will remain listed on Paris exchange

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Believe • 5 min read

Believe board backs buyout bid - but company will remain listed on Paris exchange

Believe’s move to private equity backing now looks like a done deal. The twist is that shareholders won’t be forced to sell their shares and can participate in Believe’s long term growth through a continued public listing, while sources point to “upcoming consolidation” in music industry…

Sam Taylor • 19 Apr 2024

French indie label body UPFI calls on French government to intervene in potential Warner Music Group takeover of Believe

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Believe • 5 min read

French indie label body UPFI calls on French government to intervene in potential Warner Music Group takeover of Believe

In a statement issued by UPFI the French independent label trade body says that it is concerned about the "potentially devastating consequences" if Warner Music Group is allowed to take over Believe saying that music creation in France would suffer…

Sam Taylor • 29 Mar 2024

CNM statement shows that Spotify’s rage about new French streaming levy misrepresents key facts

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Spotify • 6 min read

CNM statement shows that Spotify’s rage about new French streaming levy misrepresents key facts

Spotify seems to be angry with the world right now. After threatening to pull out of Uruguay over ER, it said that the new French streaming levy meant it would have to “disinvest” from the country. What’s wrong, and why is it lashing out quite so hard at France’s Centre national de la musique?…

Sam Taylor • 08 Mar 2024

France has stood firm against Spotify’s bullying - and Spotify is having a tantrum

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Spotify • 4 min read

France has stood firm against Spotify’s bullying - and Spotify is having a tantrum

Spotify has announced that it is raising its prices in France as the result of a new levy on streaming subscriptions. Previously the company threatened to “disinvest from France” if the government went ahead and introduced the legislation. Instead, users will be charged an extra 13 cents a month…

Sam Taylor • 07 Mar 2024