Deezer Inve$t$ In Dream$tage
Dreamstage also offers artists the opportunity to go beyond ticket sales and brand sponsorships, by selling merchandising, VIP experiences, and raising donations. The platform is set up for the long term, developing Live Music Video as a new entertainment format and offering simulcast streaming opportunities for in-person concerts when live gigs start again. Deezer’s investment will help accelerate the roll-out of Dreamstage’s product, expand its range of content, and grow market share. The companies will also look at new opportunities for how music fans can benefit from Dreamstage’s live streaming capabilities.
Deezer CEO Hans-Holger Albrecht remarked, “Dreamstage is the best live music platform on the market today. It’s well placed to become the ultimate online music destination for both fans and artists. Music fans can finally enjoy an authentic concert experience that is more than just a video call. Dreamstage and Deezer share a vision of supporting talent across a wide variety of genres. Live shows provide musicians with crucial revenue opportunities during these challenging times. This aligns closely with our mission to connect artists with their fans through our Originals projects, recorded sessions and editorial content.”