![]() ![]() ![]() During its first month of operations, Deezer's website had about 773,000 visitors, and traffic increased rapidly in the next several years. It took more than two years for agreements to be signed with the four largest labels, as well as various smaller ones, but by 2011 the company had rights to about eight million songs. Launch Īt the time of its launch in 2007, Deezer had not yet negotiated agreements with major music labels and therefore offered a limited catalogue. It was relaunched as Deezer in August 2007, having reached an agreement with SACEM to pay copyright holders with revenue from advertising on the site and by giving users the ability to download songs streamed on Deezer from iTunes, with Deezer receiving a commission from each purchase. The site in its original incarnation was charged with copyright infringement by French agency SACEM and shut down in April 2007. His idea was to give unlimited access to music lovers through streaming technology. Increase in turnover during the last fiscal year 2019-2020 (1 / 04-31 / 03): + 45.In 2006, Daniel Marhely developed the first version of Deezer, called Blogmusik, in Paris.Number of employees in France and worldwide: +60.We are ready to step up our international presence to offer a unique offer to those who do not compromise on musical quality.”, Declares Denis Thébaud, Chairman and CEO of Qobuz. We are also very pleased with the arrival of Georges Fornay, Céline Gallon, and other experienced professionals who are committed to upholding the ambitions of our brand. ![]() The end of the year promises to be full of exciting projects for Qobuz. “We are very proud of this new fundraising from our historic shareholders, which shows their confidence in our model. Other major recruitments are already planned by the end of the year. Finally, Raphaël Awóṣéyìn, who has held the position of Head of Quality Assurance within Qobuz for over a year, is appointed Chief Customer Officer. A new role for this seasoned woman in strategic advice and change management. Thus, Georges Fornay, a specialist in the entertainment sector, in particular behind the development and success of the PlayStation on the French and Swiss markets, has been appointed Deputy CEO.Īt his side, Céline Gallon joins Qobuz as Chief People Officer. To support this development, Qobuz is setting up a new management team and launching a recruitment plan unprecedented in the company’s history. This follows a previous capital increase of 12 million euros in August 2019. To support the brand’s ambitions in terms of offer, R&D, talent recruitment, and strategic partnerships, in addition to supporting it in its global expansion, its historical shareholders, the Nabuboto company, and the Quebecor Group have renewed their confidence through fundraising of 10 million euros. The French service closed its last fiscal year with growth of over 45% and is now pursuing a major development plan. The company’s monthly music subscription plans start at $14.99/month and are compatible with many devices including from Yamaha, Roon, Bluesound, Apple’s CarPlay, Android Auto, as well as with iPhone or Android smartphones. Music can be been streamed in either lossless CD quality (FLAC 16-bit/44kHz) or Hi-Res quality FLAC 24-Bit up to 192 KHz. With its catalog of more than 60 million titles, Qobuz claims to have the largest number of high-resolution (hi-res) songs on the market. Qobuz set itself apart with its high-end musical experience based on excellent sound quality and the production of original and unique editorial content. The service is now accessible in 12 countries – in France, where it was born in 2007, in the United Kingdom, in Ireland, in Germany, Austria, Belgium, Switzerland, in Luxembourg, the Netherlands, in Spain, in Italy, as well as in the United States, where they opened a subsidiary in 2019. Qobuz, the French high-quality music streaming and downloading service, today announced strategic fundraising of 10 million euros to support its international development.
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