Deezer the free music streaming service from France is set to receive €100 million ($130 million) in funding from the owners of Warner Music - Access Industries, according to the French newspaper Le Figaro 5th Oct. 2012.
could should will (hopefully) prove to be a timely shot-in-the-arm for the pioneering ad-based unlimited free music service that paved the way for the likes of Spotify.
Available in over 100 countries – compared to Spotify’s 15 or so – Deezer has had it’s fair share of teething (lawsuit) problems in the past and bounced back. Although these days the site seemsto have undergone a steep drop in interest, if we take Google Trends as read. This to the benefit of Spotify notably.