Believe: We’re not selling to Sony (but we are raising money) 

Respected Japanese business paper Nikkei reported that Sony Music was on course to acquire a majority stake in Believe before the end of the year for somewhere north of $350m. But Believe CEO Denis Ladegaillerie said today that Believe is instead in the process of raising funds for its own acquisitions.

Source: Believe: We’re not selling to Sony (but we are raising money) – Music Business Worldwide

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