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Freedom251 › Blog › Access Industries

Who Owns Deezer? Shareholders of the Apple Music Alternative

By Freedom251 Team · · 2 min read

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Deezer is not owned by a single company. It is publicly traded on Euronext Paris, and its largest disclosed shareholder is Access Industries, at 36.1% in the company’s table dated December 31, 2025. Warner holds another 4.0%, which brings the combined Access Industries and Warner line to 40.1%. That is a large minority stake, not full ownership.

Deezer’s shareholders as of December 31, 2025

Deezer Investor Relations publishes a shareholder structure table. The version dated December 31, 2025 is non-diluted, and Deezer states the figures are “to its knowledge”. These are the holders it names:

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Shareholder Stake (non-diluted)
Access Industries (AI European Holdings Sàrl) 36.1%
Warner (WEA International Inc.) 4.0%
Access Industries and Warner combined 40.1%
Orange Participations SA 7.7%
Kingdom 5-KR-272, Ltd 5.1%
Rotana Audio Holding, Ltd 5.1%
Groupe Artémis 4.3%
SaCh27 SAS 1.9%
Combat Holding SAS 1.9%

Source: Deezer Investor Relations, 2025 shareholder structure, as at December 31, 2025. The named holders above do not add up to 100%. The rest of the shares are held by others and are not itemized in the figures reviewed here.

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Why a listed company has no single owner

Deezer trades on Euronext Paris under the ticker DEEZR (ISIN FR001400AYG6), according to its investor page. Anyone can buy its shares. Ownership is therefore split among several named investors and other holders. Access Industries is the biggest, but at 36.1% it holds well under half of the shares.

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Three things are easy to confuse:

  • The shares: publicly traded, so holdings change as people buy and sell.
  • The disclosed stakes: a snapshot at a stated date. Treat the percentages above as accurate for December 31, 2025, not as live figures. Check Deezer’s investor page for a newer table.
  • The streaming service: the product you subscribe to, which is run by the company but is separate from who holds its shares.

How Deezer became a listed company

Deezer’s company timeline records a merger with I2PO and a listing on Euronext Paris in 2022. The company says it was founded in Paris in 2007.

Is Apple Music related to Deezer?

No. Apple Music appears in the title only as a rival streaming service. Nothing in Deezer’s shareholder table lists Apple as an owner.

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What Deezer does today

Deezer describes itself as a music experiences platform with a broad catalog and lossless HiFi audio. It sells directly to consumers and also runs Deezer for Business partnerships. Its newsroom names telecommunications, media, audio hardware and retail as partner sectors. The strategic investors in the table include a major music company (Warner) and a telecom group (Orange Participations), which sit alongside that business model.

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Deezer reports 9.1 million total subscribers as of December 31, 2025, and €534 million in IFRS consolidated revenue for the year ended that date. Both are company-reported figures. They describe scale, not ownership.

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On April 29, 2026, Deezer announced that it had filed its 2025 Universal Registration Document in English with France’s AMF. That document is the place to look for full detail on shareholders and governance.

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Limits of this answer

Subscription prices, plan terms and a feature comparison with Apple Music vary by country and change often. They are not covered here, so check each service’s own site for your market.

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