Paris-listed streaming company Deezer has a new Director on its Board: former Warner Music Group executive, Stu Bergen. The appointment is effective immediately.
Bergen was formerly the long-time CEO of Warner’s International Recorded Music operations outside the US and UK. After 14 years at Warner, he left the major music company in January 2021.
There is a long-running link between Deezer and WMG, of course: Warner Music Group’s controlling shareholder, Access Industries, is also a shareholder in the music streaming firm. (Access was the principal shareholder in Deezer before the latter firm went public in Paris via a SPAC merger with I2P0 in 2022; Access remains a stakeholder in Deezer post-flotation.)
As Chairman of Deezer’s board, Bergen succeeds Amanda Cameron (aka Amanda Ghost), who, after being appointed after Deezer’s IPO last year, resigned from her position as Director today (February 28), due to “time constraints and a need to prioritize other business ventures”.
All of that news was released earlier today following the publication of Deezer’s FY 2022 results, which show that the French-born company generated EUR €451.2 million (USD $474m) in overall revenue last year.