Deezer announced the acquisition of Stitcher this morning. For those unfamiliar, Stitcher is one of the most well-known services available that provides users a way to listen to their favorite audio streams from around the world, including The DL Show (selfless plug) while on-the-go.
Under the Deezer umbrella, Stitcher plans to scale its business globally, allowing even more people to use the service. Deezer, which is a premier global digital music streaming service, will undoubtedly use Stitcher’s already impressive traffic to increase reach of its own business in the podcast world.
No dollar amount was announced alongside the press release, but we are sure it was not a cheap purchase. As for Stitcher users, you have nothing to worry about. According to Stitcher, the service is not changing or going away, so users can continue to listen to The DL Show or anything else they fancy.
Full information has been placed below for those interested.
Deezer Acquires Stitcher, the Leading Talk & Entertainment Radio App Deezer to integrate talk and entertainment into streaming experience, leveraging Stitcher¹s 35,000+ shows and prominent auto presence
OCTOBER 24, 2014 SAN FRANCISCO Deezer, the premier global digital music streaming service, today announced it is acquiring Stitcher, the leading provider of personalized Internet talk radio and award winning mobile products.
The acquisition allows Deezer to become a truly global on-demand audio provider, offering consumers over 35 million music tracks and 35,000 radio shows and podcasts. Stitcher currently carries eight out of the top ten terrestrial radio shows and features content from over 12,000 content providers, including NPR, BBC, Fox News, Wall Street Journal, This American Life, Marc Maron, CBS Radio News and others.
Streaming talk content continues to grow in the US, with approximately 39 million Americans having listened to an audio podcast in the past month and 30 percent of Americans having listened to a podcast according to Edison Research.
“Almost every music listener listens to some form of talk radio, whether it is news, entertainment or sports,” said Daniel Marhely, Founder of Deezer. “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 realize this opportunity.”
Deezer will further 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 and unmet needs of music consumers around the world,” said Noah Shanok, Chief Executive Officer of Stitcher. “We look forward to continue to evolve our leading offerings and deliver the most complete and best digital audio experience for listeners everywhere.” Deezer will continue to support Stitcher’s award winning mobile products, where Stitcher has the number one rated podcast app on Android and the second most popular app on iOS behind iTunes.
Deezer is the first truly worldwide digital music streaming service in over 180 countries, with 16 million monthly active users and 5 million paid subscribers worldwide. Deezer is at the forefront of a music revolution, allowing fans instant access to the largest music catalogue in the world, with more than 35 million songs and 30,000+ radio channels on any device. Combining the best of man and machine, Deezer¹s global editorial team searches for the best music around the world and its algorithmic recommendations help fans discover music they will truly love.
Deezer is available on your favorite device, including smartphone, tablet, PC, laptop, home sound system, connected car, smart TV or Xbox. Launched in 2007, Deezer is a privately-held company, headquartered in Paris with offices in San Francisco and around the world. Deezer is currently available as a free download for iPhone, iPad, Android and Windows devices or on the web at deezer.com globally outside the US.
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