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The weekly update of the streaming audio industry, from RAIN News. THIS WEEK: Crunching RIAA numbers; the value of ad-supported listening; streaming milestone; the return of Earbits; Deezer’s announcement. Continue Reading
Deezer announced that it plans to hold an IPO later this year. The streaming service is currently projected to obtain a market valuation of about 1 billion euros ($1 billion). Going public could help the French platform to compete with other rival services in the increasingly crowded streaming space. Continue Reading
Deezer has created its first ad spot for UK televisions. The colorful ad shows a series of characters that rhyme with the streaming service, such as geezer and crowd-pleaser. This spot is the first in a series of four, which promise to get ever-zanier with the rhymes. Continue Reading
Deezer is reportedly looking to raise enough funds to be valued at about €1 billion ($1.1 billion). The company’s reps have not made any comment on the reports. If true, and successful, Deezer would be the third dedicated streaming-audio company to reach a valuation in the billions of dollars. Continue Reading
Deezer has made deeper inroads into the Brazilian market thanks to a deal with UOL, an ISP and Internet portal based in that country. Under this partnership, the two companies will launch UOL Musica Deezer, an on-demand music platform intended to replace Radio UOL. Continue Reading
Samsung has entered into a partnership with Google Play Music, offering the owners of Galaxy S6 and S6 Edge devices a free subscription to the service for six months. This new arrangement means the end of Samsung’s bundle with Deezer, which gave six months access to the Premium+ plan. Continue Reading
Brief news items and worthy reads from around the web: Billboard on Spotify payouts; Steve Albini talks copyright; Deezer not worried about Apple rivalry. Continue Reading
When Spotify announced last week that it was adding video to its content catalog, it signaled a directional shift and a competitive thrust into YouTube’s territory. YouTube, meanwhile, is inching its Music Key subscription platform onto Spotify’s front lawn. Other brands like Deezer and SoundCloud are also blurring their lines of identity. It’s all about un-platforming … while trying to succeed as a platform. Continue Reading
Global on-demand music service Deezer is announcing today the integration of Stitcher audio programs, following Deezer’s acquisition of the long-established podcast app in October. The integration mixes news, entertainment, and sports programs to Deezer’s 35-million-song music catalog. Continue Reading
“Super-serving underserved segments.” That’s one point Beth Murphy mentioned during a catch-up phone call this week. We were interested in an update on Deezer’s Stitcher acquisition and integration, as well as the evergreen question of when Deezer will fully enter the U.S. market. Continue Reading
With podcasting top-of-mind in the online audio industry, a potential new player is Spotify, according to unnamed sources reported by Bloomberg Business. Competition with Apple? Catching up to Deezer? Continue Reading
Deezer’s first foray into the U.S. was a much-discussed Elite plan that centered on an exclusive partnership with Sonos. As previously forecast, the Elite offering is now available in all of Deezer’s markets, but still only on Sonos speaker hardware.… Continue Reading