An inside shot of Deezer’s Paris headquarters. Picture Credit score: Deezer
Nonetheless focusing “on massive, engaging markets,” Deezer achieved income development in France throughout H1 2025, when its web loss shrunk by about 61% from the identical interval in 2024.
These and different efficiency particulars come from the Paris-headquartered DSP’s newly launched financials for 2025’s opening half. Holding the give attention to onerous numbers right here – the corresponding convention name received’t happen till tomorrow – Deezer pointed to H1 income of $305 million/€267.1 million, down barely 12 months over 12 months.
Behind the sum – which, working with beforehand disclosed Q1 information, means income was roughly cut up between the quarters – the Entry Industries subsidiary reported having 9.2 million subscribers as of June thirtieth.
That’s down from 10 million at June 2024’s finish; partnership subs slipped from 4.9 million to three.9 million in H1 2025, the doc reveals.
(These and some different comparisons mirror 2024 information restated on a “like for like foundation,” not the unique figures. Deezer adjusted the related numbers “to offset the impression of the 0.5 million inactive Household account removals.”)
Nevertheless, direct subscriptions jumped 5.5% YoY to five.3 million, per the report, with France’s share rising by 8.2% YoY to three.6 million.
Bearing as a lot – and Spotify’s value will increase within the European nation – in thoughts, Deezer recognized H1 2025 income of $182.9 million/€160.2 million (up 4% YoY) in France. In the meantime, Remainder of World income declined 6.2% YoY to $122.1 million/€106.9 million in the course of the interval, in accordance with Deezer.
(Final week, the corporate inked an “unique advert gross sales deal” with Azerion – representing “the primary time Deezer has granted exclusivity to a single accomplice in Brazil.” Moreover, former NBA Brazil head Rodrigo Vicentini, who’s primarily based in São Paulo, joined Deezer yesterday as Latin America GM.)
As for subscription ARPU, Deezer pointed to $6.28/€5.50 per thirty days on the direct facet (down 1.8% YoY) and $3.54/€3.10 (up 3.7% YoY) for partnership subs. And the initially talked about web loss got here in at $8.7 million/€7.6 million for H1 2025, down from $22.2 million/€19.4 million in the course of the an identical 2024 stretch, the service reported.
As for what the rest of 2025 has in retailer, the profitability-minded Deezer reiterated its expectation of “flat to barely declining” income for the complete 12 months – apart from doubling down on “its ambition to attain constructive adjusted EBITDA in 2025 and constructive free money circulate for the second 12 months in a row.”
Deezer inventory (DEEZR on the Euronext Paris) didn’t transfer a lot throughout at this time’s buying and selling, ending at $1.42/€1.24 per share. Lastly, CEO Alexis Lanternier in an announcement touted the half-year financials and his firm’s latest initiatives – amongst them tagging all on-platform AI music accordingly.
“We’ve got efficiently launched our new strategic plan,” mentioned Lanternier, “introducing a first wave of revolutionary options aimed toward empowering our customers, connecting them in additional private methods with their favourite music and artists.
“The success of this new technique led to robust momentum in France, with regular subscriber development. We additionally continued to spearhead accountable innovation within the music business, selling equity and transparency, as we launched the world’s first tagging system for 100% AI generated music in streaming,” proceeded the Deezer head of about one 12 months.
