Picture of Deezer SA logo

DEEZR — Deezer SA News Story

0.000.00%
fr flag iconLast trade - 00:00
TechnologySpeculativeSmall CapSuper Stock

Deezer outlines new strategy after first annual profit, shares rise (updated)

Deezer launches unified platform

Sonos partnership expands to ad-supported monetization

AI detection tech used to exclude fully AI-generated music

Recasts, Adds shares move in paragraph 2

By Mathias de Rozario

March 19 (Reuters) -
French music streaming platform Deezer DEEZR.PA said on Thursday it was reshaping its partnership offerings under a single brand after reporting its first ever annual profit late on Wednesday.

 The company's shares rose as much as 12.7%, leaving the stock on track for its best day since November last year.

     Deezer, which competes with Spotify SPOT.N and Apple AAPL.O Music in the crowded music streaming market, said it would introduce a new unified platform for businesses to boost its AI-detection and advertising offering.

 That will complement streaming solutions for businesses and its products being integrated into third parties' consumer offerings, it said.

 The company also renewed its partnership with Sonos SONO.O, expanding the collaboration to include ad-supported monetization on Sonos Radio through the Deezer Ad Exchange.

 The American audio manufacturer will now use Deezer's technology and its network of advertising partners to monetize their free services.

 Deezer is aiming to boost the use of its AI detection technology that it's already using to exclude fully AI-generated music from its users' recommendations, it said.

     The streaming group on Wednesday reported a 12.1% decline in its Partnerships revenue to 147.8 million euros ($169.4 million).

($1 = 0.8725 euros)

Deezer's partnerships accounted for almost a third of total revenue in 2025 https://www.reuters.com/graphics/DEEZER-RESULTS/egvbeaaoqpq/chart.png

 (Reporting by Mathias de Rozario in Gdansk, editing by Milla Nissi-Prussak and Matt Scuffham)

 ((mathias.derozario@thomsonreuters.com))

Recent news on Deezer SA

See all news