Deezer, a privately owned company headquartered in France, is a subsidiary of Access Industries. Founded in 2007, the company employs approximately 890 individuals and functions as a tier 1 media tech buyer. The company operates a music streaming platform whose main product focuses on content created by musicians.
On March 20, 2026, Deezer reported its first full-year net profit for the year ended December 31, 2025, achieving €8.5 million ($9.8m) compared with a €26.0 million loss in 2024. The Paris-listed company saw adjusted EBITDA rise to €9.7 million from a €4.0 million loss, and operating profit reached €9.3 million, a turnaround from an operating loss of €27.5 million a year earlier. This profitability milestone, driven by strong direct subscriber growth, stable revenue of €534 million, disciplined cost control, and strategic investments in AI and partnerships, marked a historic first for the company. Previously, on March 19, Deezer and Sonos renewed and expanded their long-standing partnership, which now includes ad-supported monetization on Sonos Radio through Deezer Ad Exchange and its revamped Deezer for Business.
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