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Mergers and Acquisitions Deezer

Deezer acquires personalised Internet talk radio app Stitcher

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By Ishbel Macleod | PR and social media consultant

October 24, 2014 | 2 min read

Deezer, the music streaming service, has acquired Stitcher, a provider of personalised Internet talk radio and mobile products.

The move comes as Deezer looks to extend its position as a global on-demand audio provider, offering consumers over 35 million music tracks and 35,000 radio shows and podcasts.

Daniel Marhely, founder of Deezer, said: “Almost every music listener listens to some form of talk radio, whether it is news, entertainment or sports. We see the ability to deliver better talk streaming solutions in the same way that we are doing in music to super serve the needs of our global audience of 16 million users and growing. The acquisition of Stitcher helps us realise this opportunity.”

Stitcher currently has the number one rated podcast app on Android and the second most popular app on iOS behind iTunes.

The acquisition will also see Deezer expand its distribution into the automotive entertainment market where Stitcher is already enabled in more than 50 models, including BMW, Ford, General Motors, Jaguar and Mazda vehicles and was an Apple CarPlay and Android Auto launch partner.

“Deezer has become a market leader by meeting the different needs of music consumers around the world,” said Noah Shanok, chief executive of Stitcher. “We look forward to continuing to evolve our offerings and delivering the most complete and best digital audio experience for listeners everywhere.”

Mergers and Acquisitions Deezer

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