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Business News Digital
Deezer gets more funding
By CMU Editorial | Published on Wednesday 14 October 2009
France-based digital music service Deezer has secured an extra 6.5 million euros in funding, which is nice. It means that over twelve million euros have been invested in the music service now which, like many digital music offerings, had its origins in an unlicensed music platform but which has since struck up deals with most content owners. The new financing comes as the company who owns Deezer sets up a new corporate entity called Odyssey Music Group, set up to “support production activities and some technological developments”.