With a newfound focus on a small number of lucrative, established markets, music streaming company Deezer reported revenue of 219 million euros ($218 million) in the first half of 2022, up 12.1% as reported (+9.9% at constant currency) versus the prior-year period. The Paris-based company received 132.4 million euros ($131.9 million), or 60.3% of its revenue, in its home country of France, up 11.1% year-over-year. Revenue from the rest of the world improved to 87 million euros ($86.7 million), up 13.6% from the prior-year period, and accounted for 39.7% of revenue, up from 39.1% a year ago. In Brazil, Deezer’s second-largest market, revenues improved 25% at constant currency. Other revenue — advertising and ancillary revenue — grew 58.3% (50.3% at constant currency) to 6.8 million euros ($...
Since 2020, nine music-related companies — including the first- and third-largest record labels — have gone public to take advantage of renewed investor interest in a once-struggling industry. Add French music streaming service Deezer to the list. According to a report on Wednesday at The Wall Street Journal, Deezer, which first attempted an initial public offering in late 2015, is planning to go public with a European special purpose acquisition corporation, I2PO, backed by Groupe Artémis, a holding company behind fashion brand Puma and French investment banker Matthieu Pigasse, a partner at Paris-based Centerview Partners. Deezer had no comment to Billboard on the news. Representatives for I2PO did not respond to a request for comment. Deezer — led since last year by CEO Jeronimo Folguei...
In honor of legendary composer Ludwig van Beethoven, Deezer has recruited the help of 14 dance music acts to remix some of the pioneering pianist’s most influential works. Ahead of its release later this week, EDM.com has teamed up with the streaming service to offer an early look at one of the upcoming compilation’s highlights from none other than Steve Aoki. For his remix, the Dim Mak founder took on Beethoven’s “Piano Sonata No. 8,” also known as “Sonata Pathétique.” Renamed “The Morning Routine,” Aoki’s remix begins with the signature piano largely untouched. Gradually, he stirs in some synth elements and adds frenetic drums before laying down a smooth house drop with soulful vocal samples. For those unfamiliar...
Need to refresh the foreign language skills you haven’t tapped into since high school? Deezer‘s latest playlist series may be for you. The streaming platform is betting on listeners’ openness to the idea of learning their next language through the power of music. A survey conducted by the company appears to have revealed exactly that, as over 90% of respondents confirmed they believe music assists with language mastery. The company has retained language expert Susanna Zarysky to help curate and launch five separate playlists, each designed to enhance the listener’s understanding of a particular language. The playlists, consisting of 20 tracks, are broken down into four segments, each having a specific purpose. The first five tracks are designed to enhance the l...
While this year’s Amsterdam Dance Event (ADE) might look a little different, the iconic electronic music conference is doing its best to make sure the industry and its fans still have a virtual space to gather in. Slated for October 21st to 25th, an artist-curated playlist series with streaming partner Deezer is one such initiative ahead of the event. Tracklists, each selected by a different artist, fall into either the “Underground Sounds” category or the “Pulse of the Main Stage.” deadmau5 is the latest of a string of high-profile DJs and producers to share his picks for the latter category, releasing a 20-track playlist described as his “mood of the year.” You can listen here. Highlights of deadmau5’s selects include “Badder Th...
Mercury Prize-nominated rapper and songwriter Little Simz (a.k.a. Simbi Ajikawo) has renewed her partnership with AWAL Recordings, which provides a full range of services including global marketing and promotion, digital and physical distribution, campaign coordination, A&R support, synch licensing and brand partnerships. Little Simz garnered acclaim with her most recent album, GREY Area, which was released on her own label, Age 101, via AWAL. In addition to the Mercury Prize, she has been nominated for AIM and BET Awards; additionally, she won the Q Award for best vocal performance and the NME Award for best British album. She has toured with Gorillaz, Lauryn Hill and Anderson .Paak and also starred in the Channel 4 crime drama Top Boy, which currently airs on Netflix. Little Sim...
Spotify, Bandcamp, SiriusXM and more are meeting the moment with a range of initiatives. As protests sparked by the death of 46-year-old Minneapolis resident George Floyd heated up this weekend, music companies began making statements in support of the movement to end police brutality against black Americans. On Friday, a number of companies and artists began sharing a statement posted under the hashtag #TheShowMustBePaused, which calls for “a day to disconnect from work and reconnect with our community” and “an urgent step of action to provoke accountability and change.” Started by Atlantic Records marketing executives Brianna Agyemang and Jamila Thomas, who are both black, the call for a day of action — which is now being called “Black Out Tuesday” — sparked other compa...