It was possible to double this market

Internet and is now being complet before our eyes. MP3 and music pirates The history of the creation of the French company Believe well shows how short-sight the representatives of the world’s largest labels turn out to be and who actually made the digital revolution in the music world. The company was open in 2005 – then almost no one believ that it was possible to make good money and develop a business by working in the digital distribution market. However, one of the creators of Believe, Denis Ladegaillerie, thought otherwise. At that time, he constantly travel around Paris on a scooter to collect CDs and digitize them in his apartment.

The global music digital distribution

He was a passionate person and believ that the music New Zealand Phone Numbers List business would develop digitally,” says Victoria Sinyavskaya, CEO of the Russian and Eastern European direction of Believe. “As a result, we manag not only to develop our own technologies, but also to build excellent relationships with online stores, to develop a wide range of tools for promoting any artist at any point in their career.” Today, Believe has become one of the largest players in market and the largest in Russia. But in the early 2000s, the music industry was at the height of its power. Ownership of musical content was strictly limit to vinyl cassette or CD.

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The main advantage and the main problem

It seem that nothing could stop this hegemony. The BT Lists decline of the industry beganThis is about 0.5% of the Russian economy, or one large Russian company by market capitalization, such as VTB Bank or Inter RAO. in just two years – at the end of 2020, the size of the Russian sharing economy for the first time exce ?1 trillion . Globally, PwC analysts estimate that the sharing economy will grow from $15 billion to $335 billion between 2015 and 2025. of sharing services is that they do not enter an empty market, but challenge the traditional economic model. 

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