Deezer Subscriptions Boosted by B2B Partnerships ...Middle East

French streaming company Deezer’s revenue grew 12.1% to 130.7 million euros ($141 million) in the fourth quarter, bringing its full-year revenue to 484.7 million euros ($524 million), up 7.4% year over year, the company announced Wednesday (Feb. 28). Full-year adjusted earnings before interest, taxes, depreciation and amortization (ABITDA) was roughly halved to -28.8 million euros (-$31 million) and net loss was cut by almost two-thirds to 59.6 million euros ($64 million). This year, Deezer expects to achieve a 10% growth in revenue — to roughly 533 million euros ($575 million) — and again halve adjusted ABITDA t

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Last updated : 29 February 2024 clock 12:57 AM

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Deezer Subscriptions Boosted by B2B Partnerships ...Middle East

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