Deezer closes in on Spotify attracting more paid subscribers in 2012

Jan 8, 2013 by
Spotify vs Deezer
A recent report by DigitalMusicNews has shown that Deezer‘s paid subscriber rate is growing faster than that of Spotify‘s. Deezer has seen a grwoth of 114% from December 2011 to December 2012, versus Spotify’s 86% growth. This is surprising, given Spotify’s positioning as the #1 paid subscription music service; however, it’s...

Deezer raises €100M from Warner Music owner Len Blavatnik

Oct 6, 2012 by
Deezer
Deezer has finalized a round of €100 million by Russian-American billionaire Len Blavatnik via his investment fund Access Industries, with 75 million euros injected into the company, and 25 million euros to buy out previous shareholders. The announcement, originally reported by Le Figaro, indicates that while French investor Idinvest has maintained...