Deezer’s revenue increased to $141m in Q1 as streaming service forecasts swing to positive EBITDA this year
France-headquartered music streaming service Deezer has reported its Q1 earnings and reiterated its expectation that it will reach positive EBITDA this fiscal year. The company reported a total of 9.4 million subscribers in Q1, down 5.4% YoY on a like-for-like basis from 10 million in the same quarter a year earlier. Deezer counted 5.3 million…