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Warner Music Owner Buys Stake In Deezer
- The Guardian, Tuesday, October 9, 2012 3 AM
Warner Music-owner Len Blavatnik has invested $130m (£81m) in subscription streaming service Deezer. Blavatnik's Access Industries, which also holds stakes in Top Up TV and digital sports company Perform, has taken an undisclosed stake in Deezer. Deezer, which has its roots in France and counts mobile phone giant Orange as a shareholder, would only say that the deal makes Access Industries a "cornerstone investor"
