Deezer Aims To Challenge Spotify In The U.S.
December 21, 2012 at 7:29 AM (PT)
It looks like another music streaming company wants to compete against SPOTIFY in the U.S. -- even though SPOTIFY has yet to earn a profit here. CNET reports that international streaming service DEEZER is looking to set up shop in the STATES.
CEO AXEL DAUCHEZ told the WALL STREET JOURNAL that his company is "looking for a partner in the U.S." that would allow it to gain access to a "significant volume of subscribers." Currently, DEEZER three million paying subscribers, compared to SPOTIFY's five million, with one million of them residing in the U.S.
DEEZER's service, available in 160 countries, offers two free hours of ad-supported music streaming, but also has monthly plans ranging in price from $9 to $12 a month for those who want to stream music to their mobile devices.