Russia is the world's giant music services

Access Industries Leonard Blavatnik has invested $ 130 million in the French online music service Deezer. He will develop the international markets, including Russia. Come soon to Russia Google Music and Apple's iTunes. The fact that Blavatnik has invested $ 130 million in Deezer, reported Financial Times. Access Industries share is not disclosed in the Deezer: ". An important investor" Deezer say only that it be Blavatnik called Deezer class service with great potential. In the future, the music has to listen to it the way a French service - a subscription, he said, "Vedomosti". Agreed last year buy Access Industries for $ 3300000000 music label Warner Music Group. Deezer works in 100 countries and is about to start work as early as 100, the Wall Street Journal CEO Axel dosha said "investments arrived in time at the right time so that we can change the ambition." According to him, to be profitable before Deezer, but now the project is a result of international expansion will be unprofitable until 2014 Deezer have 26 million subscribers, of which. 1.5 million reward for the music Its financial results were not disclosed. The main competitor Deezer - Spotify service in the past year has led to $ 1 billion, then raised $ 100 million from a consortium of DST Global Alisher Usmanov and Yuri Milner. Deezer plans to open an office in Russia and is in talks about it, he knows a person close to the participants in those discussions, but with whom they do not say it. The following year, earning, in Europe and in Russia Google Music service, which is now available to users in the U.S., said a source in the company and one of its partners. Google has already signed an agreement with the Rights Communications, which owns the rights to the distribution of digital recordings of the largest Russian labels - PMI, "Nikitin" and "Monolith" (about 50% of the entire catalog of Russian music), said " Vedomosti "Managing Partner Rights Communications Nikolai ham. The company, he said, has signed a license agreement such as Apple iTunes and Spotify. Now Russian music in this catalog to be sold abroad, but the rights of communication awaits introduction of these services in Russia. The entry of new players make online music store in Russia, said Okorokov: small players disappear. That was the case in all countries, where people come to iTunes. No big players can not ignore the Russian market, the first in the number of Internet users in Europe, says CEO of Universal Music Russia Dmitry Konnov but understand Western companies must ensure that Russia is the monetization of content in a different way: it runs advertising model or music virtual gift. Russians prefer pirated music services and are not willing to pay for music on the Internet - that's why recently closed online store Fidel.ru says the founder, Boris Golikov.