The artist-focused digital music platform Believe Group is investing in Turkish music industry by becoming a partner in Doğan Müzik Yapım ve Ticaret A.Ş., one of Turkey’s leading production and distribution companies.
Doğan Group signed the preliminary contract for the new partnership on April 17, 2020, announcing the development at the Public Disclosure Platform (KAP) and launching the formal process.
Samsun Demir, CEO of DMC said, “It is significant in every respect for a foreign investor to place its trust in our country and contribute to our music industry in such challenging times as the coronavirus pandemic. We are very excited and hopeful that this will benefit our industry at large.”
About Doğan Music Company (DMC):
Established in 2000, Doğan Music Company (DMC) is one of the key players in the music industry, offering digital and physical distribution services to numerous other record labels while boasting its own roster of leading artists and groups.
About Doğan Group:
Adding value to Turkish economy for the past 60 years, Doğan Şirketler Grubu Holding A.Ş.’s roots go back to 1959, when the Group’s Honorary President Aydın Doğan registered at the Mecidiyeköy Tax Office, and 1961, when he established his first company in the automotive industry. Today, driven with an innovative vision, Doğan Group companies play a pioneering role across the wide variety of sectors in which they operate, including energy, industry, motor vehicles, financial services, media and tourism. Doğan Group’s corporate code and business ethics, disseminated and embraced across all group companies, serve as a role model for other enterprises in the industry. Doğan Group aims at global success in production and trade and keeps abreast of domestic and international developments as it establishes strategic partnerships with international groups to enhance the efficiency of its operations.
About Believe Group:
Believe Group was founded in Paris in 2005 by music and internet professionals to allow independent artists and labels to distribute and promote their works on legal download platforms across the globe. With over 1,300 employees in 45 countries, the group aims to offer the best service in all local markets across the globe, supporting the development of all creators at every stage in their career through respectful and specialized, fair and transparent services.