News - 20/07/2016

Deezer launches in the U.S.

Deezer launches in the U.S.

Paris-based streaming platform Deezer launched in the U.S. on July 19, after initial stateside offerings via partnerships with Cricket Wireless as well as Sonos and Bose home audio systems.

Already available in more than 180 countries, Deezer sports the world’s largest on-demand streaming music catalogue - featuring more than 40 million songs, about 25% more than Spotify and Apple Music, though both rivals have (far) more total paying subscribers (30 million and 13 million, respectively) than Deezer's 3 million.

The most recent publicly available information on the company's financials showed rapid revenue growth but also that licensing costs were prohibitively expensive. Those financials were part of a planned, later abandoned, IPO.

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