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Digital
Deezer founder ousted
By CMU Editorial | Published on Tuesday 26 January 2010
Perhaps illustrating the stresses of running a legit streaming music service, away from MIDEM but still in France, news that Jonathan Benassaya, the co-founder and CEO of that territory’s big streaming music offer, Deezer, has been booted out by investors. According to Tech Crunch, the service’s backers are hoping to install someone more experienced at the top of the company, which has reportedly struggled to generate serious ad revenue or get a premium service off the ground.
Rumours of Bessaya’s departure grew when he failed to show up for a panel at MidemNet on Saturday, although his name was still displayed on a screen listing the participants during the debate.