Feeds

Warner Music daddy chucks €130m at Spotify rival Deezer

Zut alors!

Designing a Defense for Mobile Applications

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. ®

The smart choice: opportunity from uncertainty

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
US freemium mobile network eyes up Europe
FreedomPop touts 'free' calls, texts and data
prev story

Whitepapers

Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.