Deezer has sold a stake to ProSiebenSat.1 Group, which will now merge their music streaming platform AMPYA into Deezer.
Gerrit Schumann, vice president of Deezer Europe: “Deezer and ProSiebenSat.1 are moving forward together. With Deezer we are offering the most intuitive personalised music service on the market. With the reach of the ProSiebenSat.1 Group we will be allowing an even larger audience unlimited access to our music catalogue. I am delighted to be welcoming Michael Krause on board as the new managing director for Deezer GSA. With his knowledge and experience he will ensure even more success in the German-speaking countries.”
Christian Wegner, member of the executive board ProSiebenSat.1 said: “Deezer and ProSiebenSat.1 are an excellent duo. Deezer’s many years of expertise combined with the marketing power of our TV group provide the best prerequisites for reaching the number one position in Germany, the third biggest music market in the world – and that is our common goal.”