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Deezer’s Revenue Up 15% on Subscription Gains
Deezer's earnings show that revenue is up 15% in 2024 on subscription gains for the French streaming company, which is on track for profitability.
French music streamer Deezer reported a nearly 15% increase in revenue for the first half of 2024 and raised a key financial target for the year, according to earnings results filed on Tuesday (July 30). “Deezer occupies a distinctive position within the music ecosystem,supporting artists, songwriters and rightsholders alike through initiatives focused on transparency, fairness, and innovation.” Lanternier co-founded and developed Branded, a digital-first consumer goods company, and was previously an executive vp at Walmart Canada.
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