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General

Deezer inks USD 40 mln investment deal with Mexico's TV Azteca

Friday 3 July 2020 | 10:56 CET | News
Deezer announced an agreement with TV Azteca that will see the Mexican broadcaster and content producer take an undisclosed equity stake in the music streaming platform and launch a series of commercial partnerships with a view to expanding growth in Mexico. The multi-year investment deal is valued at USD 40 million, said Deezer, adding that it raises its valuation by 30 percent to USD 1.4 billion compared to its last funding round in 2018.

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Categories: General
Companies: Deezer / TotalPlay / TV Azteca
Countries: Mexico
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