4 Nov, 2024

Deezer reports revenue growth

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Deezer reports revenue growth

Deezer's revenue for the third quarter of 2024 amounted to about 146 million US dollars (134 million euros), an increase of 11% compared to last year due to growth in France and the expansion of partnerships.

The company reported that $93.40 million came from streaming services (an increase of 4.1%), $45.18 million from partnership agreements (an increase of 21.3%), and $7.29 million from other sources (an increase of 63.8%).

More than half of the revenue came from France — $85.44 million (an increase of 9.4%), the remaining $60.41 million came from other regions (an increase of 13.5%).

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