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October 27, 2015 07:31 pm GMT
Call it the Pandora effect? The problems of the streaming music model? The crush of competition from Apple Music? Whatever the root cause,Deezerhas had to face the music on its plans for an IPO: Paris-based music streaming companyhas announced that it willpostponing its public listing indefinitely “due to market conditions”. Deezer had planned to raise $343 million… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/mzfA4M71xIw/
Loss-Making Music Service Deezer Postpones $343M IPO, Citing Market Conditions
Call it the Pandora effect? The problems of the streaming music model? The crush of competition from Apple Music? Whatever the root cause,Deezerhas had to face the music on its plans for an IPO: Paris-based music streaming companyhas announced that it willpostponing its public listing indefinitely “due to market conditions”. Deezer had planned to raise $343 million… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/mzfA4M71xIw/
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