From Billboard · Elizabeth Dilts Marshall · · 40s
Deezer's French Subscriber Growth Boosts Quarterly Revenue
Deezer's French subscriber surge drives 6% revenue jump as it raises full-year forecast.
In brief
Deezer's French subscriber surge drives 6% revenue jump as it raises full-year forecast. Deezer reported 6.4% revenue growth from direct subscribers in France, lifting quarterly revenue by 1% to 133.8 million euros. Originally reported by Billboard.
Deezer's Q3 Revenue
Deezer reported third-quarter revenue rose 1% in constant currency to 133.8 million euros.
Direct Subscribers in France
Deezer grew direct subscribers by 6.5% in France, adding 5.8 million total direct subscribers.
Revenue Drivers
Direct subscribers generated 6.4% revenue growth to 94.1 million euros, offsetting partnership subscriber declines.
Here's the gist
Deezer reported 6.4% revenue growth from direct subscribers in France, lifting quarterly revenue by 1% to 133.8 million euros.
