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Deezer Enters Crowded U.S Streaming Music Market – Better Late Than Never?

(Hypebot) – Deezer entered the U.S. market today with a standard $9.99 per month with a 30-day trial music offering. While the French-based music streamer has 3 million paid and 23 million free users globally, until today, it only offered limited availability in the U.S., including Deezer Elite, a higher quality $19.99 per month service.

Deezer enters a crowded U.S. market dominated by established players including Spotify, Apple Music, Tidal, Rhapsody, Google, YouTube and Slacker. Amazon and Pandora are readying similar offerings, as well.

U.S. Launch Comes Without Deezer's Popular Free Tier

Late last year, Deezer abruptly cancelled an IPO and instead raised $109 million from some powerful partners: Access Industries, which also own Warner Music Group and Orange, the international telecommunications giant. Deezer has raised a total of $217 million to date.

Deezer recently sold its popular Stitcher podcast service to Scripps for $4.5 million and expanded it music discovery offerings. -Staff Writers