Music Business

Deezer In Talks With Samsung

deezerFrance based streaming music service Deezer is in serious talk with Samsung about an alliance that could include an investment by the Korean electronics firm, according to a French newspaper.  Deezer, which has said it plans to enter the U,S. in 2014 has 12 million users spread over 200+ countries.  

Deezer has established partnerships with several telecoms including Orange, Belgacom, Everything Everywhere, Deutsch Telekom.  But the Samsung deal would likely be its largest yet. 

These talks come just 2 months after Spotify increased its war chest by $250 million in new investments and days before Beats Music launches.

Le Journal du Dimanche first reposted the story which was then picked up by Reuters UK.

Enhanced by Zemanta

Share on: