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Music Industry 15 May, 2008

Deezer Signs European Agreement With Universal Music

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PARIS, France (Top 40 Charts/ Deezer) - Deezer announces the signing of an agreement with the Universal Music giant covering 35 countries. With this move, the first French music on demand website launches its international deployment in order to position itself as a key player in the changing music industry.

The agreement with Universal Music aims at giving access to a catalogue of nearly one million additional titles. Thus, with a single click, all Deezer users will be able to listen to all their favorite artists: Amy Winehouse, Portishead, Kanye West, Ayo, Renan Luce, Vanessa Paradis, Alain Bashung, Rachid Taha, U2...With 1 million unique visitors per day worldwide, Deezer, which has been translated into more than 20 languages, is now the undisputed leader. Meet the expectations of its loyal Deezernauts, ensure the constant evolution of its musical content, open itself up to other markets, these are its ambitions today. This approach fits perfectly within their development strategy.

"We are delighted to be able to officially announce such an anticipated agreement with Universal Music. All market players are aware that we are experiencing a music revolution. This unique agreement once again demonstrates that there are positive solutions and approaches to responding to a new market configuration, based on free and legal access to music. Deezer is determined to effectively respond to this new reality by offering Deezernauts throughout the world the possibility of accessing a complete universe dedicated to music, be it for listening, sharing, or getting information" said Jonathan Benassaya and Daniel Marhely, founders of Deezer.

"We are very attentive to new ways of consuming music. Advertisement-funded services for listening to music are part of those new offerings that allow more people to discover artists and their work, while also respecting the rights of artists and producers" declared Pascal Negre, President of Universal Music France.

About Deezer:
Deezer.com is the first French music on demand website, with free, unlimited and legal music.

Thanks to a catalogue of 2.5 million titles and access to theme web radios (Rock, Jazz, Hip-Hop, Electro...), Deezernauts can freely listen to their favorite artists and program their own playlists. Thanks to its community network, users can exchange and share their tastes and musical moods.

The site, created by Daniel Marhely and Jonathan Benassaya in France in June 2006, is translated into 20 languages and has currently more than 2 million members. Deezer was voted the most innovative website of 2007 by 01Net readers, ahead of Facebook and Dailymotion. Deezer was also awarded a 2008 Red Herring, which lists the 100 most innovative European start-ups.






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