Feeds

Warner Music daddy chucks €130m at Spotify rival Deezer

Zut alors!

3 Big data security analytics techniques

Access Industries will invest €130m in the Gallic Spotify-rival Deezer. The music streaming service has been a hit in its native France and launched in the UK a year ago – with rather less impact.

The big record labels are major investors in Spotify, with Universal Music rarely missing an opportunity to talk it up. The Swedish music-streaming outfit resembles Symbian in its structure; it's essentially a jointly owned industry R&D venture in all but name. And although the labels' aggregate equity stake in the venture is smaller than that of the mobile vendors in Symbian, it can't operate without the music shops' catalogues.

Evidently, Spotify's success in a Universal-dominated industry concerns Warner's owner, following the green light given to the Universal-EMI merger by regulators in Europe and the USA. Warner was always the most ambivalent of the (then) Big Four (now Three) major record labels about streaming services. In 2010 Warner vowed to withdraw its catalogue from Spotify, We7 and last.fm.

Deezer has vowed to launch in every territory except the USA and Japan – leaving Spotify to scrap it out with rivals such as Pandora and Rdio.

Billboard magazine describes it as a Coke/Pepsi race - which is not a bad description.

Like Spotify, Deezer offers ad-free streaming for £4.99 and caching to a PC or mobile device for £9.99. And like Spotify, new sign-ups need a Facebook account. ®

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.