SUBSCRIBE FOR FULL CONTENT ACCESS: VIEW OFFERS
Connect with us

Digital Economy

Deezer grew revenue by 7.4% in 2023 to €484.7 million with subscriptions up 11.5%

Published

2 years ago

on

Euronext Paris-listed music streaming service Deezer posted consolidated revenue of €484.7 million for the year ended 31 December 2023, up 7.4% compared to 2022 (+7.6% at constant currency), in a year marked by a rise in subscription rates and a strategy realignment to focus on selected large markets, mainly through partnerships.
The company recorded "a sharp acceleration" in growth in Q4 2023, with revenue up +12.1% compared to Q4 2022, with revenue channeled through partnerships up 28.6% over...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Related Topics:

Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Continue Reading

Digital Economy

Transcription platform Songscription raises $5m in funding round led by Reach Capital

Published

2 hours ago

on

November 13, 2025

By

AI-powered music transcription platform Songscription has raised $5 million in a funding round led by existing investor Reach Capital, with contributions by Emerge Capital, 10x Founders, and Dent Capital, as well as angels such as former Guns N’ Roses guitarist Ron "Bumblefoot" Thal, who also serves as an advisor to the company.
“AI is transforming how people around the world create and enjoy music,” said Jennifer Carolan, Co-founder and General Partner of Reach Capital: “With its powerful and ...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Digital Economy

Spotify and NMPA launch new Opt-In Portal for publishers to enter into direct license deals for expanded AV rights in the US

Published

2 days ago

on

November 11, 2025

By

Spotify and the National Music Publishers’ Association (NMPA) launched a new Opt-In Portal allowing NMPA music publishers members to enter into a direct license agreement for expanded audiovisual rights in the US. The NMPA Opt-In Portal is open to eligible publishers from November 11, 2025, with onboarding continuing through December 19.
According to a joint statement, these new agreements "mean higher royalty payouts for independent music publishers and songwriters." In exchange the streaming s...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Digital Economy

Getty Images signs global multi‑year licensing agreement with Perplexity

Published

1 week ago

on

November 5, 2025

By

Getty Images, one of the largest marketplaces for visual content, has announced a global multi‑year licensing agreement with AI company Perplexity. The deal covers display of images from Getty Images across Perplexity’s AI‑powered search and discovery tools.
Getty said the agreement gives Perplexity "rights to display images from Getty Images across its AI‑powered search engine tools, enhancing user experience and improving image attribution."

"Integrated deep into the content creation and d...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Trending