Home > Latest News > Music Streamer Deezer Plans IPO

Music Streamer Deezer Plans IPO

Music Streamer Deezer Plans IPOThe IPO is set to take place toward the end of the
year in Paris, Deezer CEO Hans-Holger Albrecht said. Deezer is seeking funds
from investors that could value the service at about 1 billion euros (A$1.5
billion).

Deezer had 6.3 million subscribers at the end of June, according to the IPO
filing. That compares with more than 20 million for Spotify.