Believe Digital is for sale. Sony is interested. If the acquisition happens, Sony will hold The Orchard, RED, and TuneCore – and that should put them within spitting distance of Universal Music Group.
Remember, it’s not just audio streams. Video needs to be factored in.
There was a great report run by Music Business Worldwide in January that combines traditional streaming with video. It also consolidates majors with their independent holdings. Take a look.