Access Industries, Inc.

Does Access Industries own Deezer?
Access is Deezer's largest and controlling shareholder, but it does not own 100%. Published shareholder data attributes approximately 36.1% of Deezer's share capital to Access.

Is Deezer privately held?
No. Deezer S.A. remains listed on Euronext Paris under ticker DEEZR.

Who owns the rest of Deezer?
Other holders include Orange Participations, Kingdom 5-KR-272, Rotana Audio Holding, Artémis, WEA International, other investors, and public shareholders.

Who owns Access Industries?
Len Blavatnik founded and controls the private investment group.

Does Access Industries own Warner Music Group?
Access controls Warner Music Group through its share and voting structure. Warner itself is publicly traded on Nasdaq.

When did Access invest in Deezer?
Access first invested in Deezer in 2012 and later became its largest shareholder.

Len Blavatnik founded Access in 1986. The group made investments in industrial and commodity businesses before expanding into media, telecommunications, technology, and property.

Access acquired Warner Music Group in 2011 for approximately $3.3 billion. Warner later returned to public markets, but Access retained voting control through the share structure.

Access first invested in Deezer in 2012. It increased its influence as Deezer raised capital and pursued international growth. Deezer entered Euronext Paris in July 2022 through a combination with I2PO. Contrary to some secondary summaries, Deezer was not taken private by Access in 2024 and remains listed.

Concentrated control can reduce the influence of minority shareholders. For Deezer, the relevant issue is accurate terminology: Access is a controlling shareholder, not the sole owner. Deezer's continued Euronext listing gives minority investors regulated disclosure and voting rights.