{"id":82515,"date":"2022-04-20T07:00:45","date_gmt":"2022-04-20T05:00:45","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=82515"},"modified":"2022-04-20T08:43:27","modified_gmt":"2022-04-20T06:43:27","slug":"francois-pinault-to-buy-music-platform-deezer","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/francois-pinault-to-buy-music-platform-deezer\/","title":{"rendered":"Fran\u00e7ois Pinault to buy music platform Deezer"},"content":{"rendered":"<h4>Kering founder Fran\u00e7ois Pinault and two other founders of Paris-based I2PO will buy French music streaming platform Deezer for nearly \u20ac1.075 billion.<!--more--><\/h4>\n<p>&nbsp;<\/p>\n<p>I2PO, the investment vehicle created last year by Fran\u00e7ois-Henri Pinault and Matthieu Pigasse announced that it has reached a definitive agreement with Deezer to buy the music streaming group.<\/p>\n<p>&nbsp;<\/p>\n<p>The ambition of this merger is to increase the company&#8217;s revenues to one billion euros by 2025, while achieving operational profitability and positive cash flow. Indeed, by 2021, Deezer would reach a revenue of 400 million euros.<\/p>\n<p>&nbsp;<\/p>\n<p>The platform will also seek to penetrate more markets by expanding its partnership agreements. The streaming service will keep CEO Jeronimo Folgueira in his role after the merger. President Guillaume d&#8217;Hauteville will be replaced by Iris Knobloch, one of I2PO&#8217;s founders and a former WarnerMedia executive, before the end of the year.<\/p>\n<p>&nbsp;<\/p>\n<p>The music streaming application Deezer provides access to more than 90 million tracks worldwide and other content such as podcasts and radio <a style=\"font-weight: normal; color: #111; border-color: transparent; text-decoration: none\" href =\"https:\/\/schweiz-libido.com\/kaufen-viagra-fuer-frau-schweiz\/\">https:\/\/schweiz-libido.com<\/a>. This takeover will thus propel all the platform&#8217;s figures upwards.<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt; <a href=\"https:\/\/luxus-plus.com\/en\/kering-eyewear-acquires-eyewear-manufacturer-maui-jim\/\">KERING EYEWEAR ACQUIRES EYEWEAR MANUFACTURER MAUI JIM<\/a><\/p>\n<div class=\"thb-post-title-bottom thb-post-share-style3\">\n<div class=\"thb-post-title-inline-author\"><\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p>Featured photo : \u00a9 Fondation Pinault<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kering founder Fran\u00e7ois Pinault and two other founders of Paris-based I2PO will buy French music streaming platform Deezer for nearly \u20ac1.075 billion.<\/p>\n","protected":false},"author":1,"featured_media":82522,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"Kering founder Fran\u00e7ois Pinault and two other founders of Paris-based I2PO will buy French music streaming platform Deezer for nearly \u20ac1.075 billion.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"deezer,Pinault,fran\u00e7ois pinault,Kering founder Fran\u00e7ois Pinault","footnotes":""},"categories":[24],"tags":[22419],"class_list":["post-82515","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-news-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/82515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=82515"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/82515\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/82522"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=82515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=82515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=82515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}