Brief: Deezer and UMG To Investigate Potential New Economic Models For Music Streaming

Deezer SA

15/03/2023 17:19

March 15 (Reuters) - Deezer SA  DEEZR.PA , Universal
Music Group  UMG.AS :
    * INITIATIVE WITH DEEZER TO INVESTIGATE POTENTIAL NEW
ECONOMIC
MODELS FOR MUSIC STREAMING THAT MORE FULLY RECOGNIZE VALUE
ARTISTS CREATE.
    * UMG AND DEEZER AIM TO DEVELOP NEW METHODS THAT
HOLISTICALLY
REWARD RECORDING ARTISTS AND SONGWRITERS
    * TO REIMAGINE AND UPDATE ENGAGEMENT MODEL FOR DEEZER'S
USERS AND
ARTISTS

Source text for Eikon:  ID:nNDL4XkVws 
Further company coverage:  DEEZR.PA   UMG.AS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))