Jeronimo Folgueira, general manager of the French music streaming platform Deezer, will leave his position at the end of March. The streaming platform recorded a “record” level of subscribers and strengthened its offering on the French market last year.
Deezers turnover increased by 7.4%, to 484.7 million euros and the company is targeting a 10% increase in its turnover in 2024, driven by a 4th quarter up by 12%. Last year, the platform posted a net loss of 168.5 million euros.