DEEZER GETS AN INFUSION OF CASH
Deezer has raised $185m from investors such as Len Blavatnik’s Access Industries, Orange and Rotana to push its total valuation to $1.16b. Deezer will use the money to fund expansion plans.
Deezer and Arab music production and distribution company Rotana have also inked a deal to distribute Rotana’s digital audio and video content distributed through the Middle East and North Africa, two growing markets.
Deezer CEO Hans-Holger Albrecht said, “The new funding enables us both to accelerate our expansion in fast growing international music markets and strengthen our positions in key territories. The exclusive long-term distribution agreement also provides us with a unique opportunity to build future market leader positions in exciting markets.”
Funny, we were just talking about streaming services and which one will slip in behind Apple Music and Spotify.
THE MUSIC OF CLIVE COMES ALIVE AT CARNEGIE HALL
That's what friends are for. (5/1a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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JAMES KING: THE HITS INTERVIEW (PART ONE)
