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

<p><b>Welcome to the latest Music Business Worldwide podcast supported by </b><a href='https://www.volymusic.com/'><b>Voly Music</b></a><b>.<br/><br/></b>On this &apos;cast, MBW founder <b>Tim Ingham</b> is joined by <b>Denis Ladegaillerie</b>, founder and CEO of <b>Believe</b>.<br/><br/>Paris-headquartered <b>Believe </b>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 <b>USD</b> <b>$3 billion t</b>o independent artists to date.</p><p>Believe currently is valued at around <b>USD $1 billion</b> on the Paris Euronext stock exchange, having turned over around <b>USD $450 million</b> in revenue in the first half of 2023. <br/><br/>(Believe reports its revenues in Euros.)<br/><br/>On this podcast, <b>MBW&apos;s Ingham</b> asks <b>Ladegaillerie</b> all about a number of key topics including: <br/><br/><b>- How the music industry should deal with streaming fraud;<br/>- Why Asia is set to commercially explode in music in the years ahead;<br/>- What Believe’s strategy is to challenge the ‘major’ music companies; and<br/>- 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.)</b><br/><br/>One other important point: <b>Believe </b>is no longer just a recorded music company. <br/><br/><a href='https://www.musicbusinessworldwide.com/believe-blasts-into-publishing-buying-51m-valued-sentric/'>Since March</a> it has also run its own <b>global music publishing operation</b>, housed under  TuneCore, following Believe&apos;s acquisition of the $51 million-valued <b>Sentric Music</b>.</p><p>The Music Business Worldwide Podcast is supported by <a href='https://www.volymusic.com/'>Voly Music</a>.</p>