Investors Support Deezer's Global Ambitions
Deezer Raises $130 Million Round Led By Warner Music Owner Access Industries
(UPDATED) Deezer, the French based digital music service that promised to expand to 200 countries this year, but avoiding the U.S., has reportedly raised $130 million. Leading this fourth funding round is Warner Music Group’s owner Access Industries and previous investor Idinvest. $36 million will be used to buy out previous shares including mobile provider Orange who had previously had an 11% stake in Deezer.
Read More: