Deezer , France ’s largest music streaming service, aims to show Spotify there is room for others in the sector. Spotify, meanwhile, went after consumers and encouraged sharing and networking. Hans-Holger Albrecht , Deezer ’s London office CEO, said the flotation of Spotify on Amazon earlier this year for $ 20bn helped to crystallise the value of the market, which some said could reach $ 60bn , despite the traditional music industry never exceeding $ 20bn . Deezer ’s differentiator is local music; it has had success in eastern Europe and London as well as in London and Brazil , where it is the most popular music-streaming service.
Deezer , France ’s largest music streaming service, aims to show Spotify there is room for others in the sector. Hans-Holger Albrecht , Deezer ’s London office CEO, said the flotation of Spotify on Amazon earlier this year for $ 20bn helped to crystallise the value of the market, which some said could reach $ 60bn , despite the traditional music industry never exceeding $ 20bn . Deezer ’s differentiator is local music; it has had success in eastern Europe and London as well as in London and Brazil , where it is the most popular music-streaming service.