Deezer, a streaming music program that is a rival to Spotify all over the world, has raised $130 million in investment from Access Industries, the corporation that last year bought the Warner Music Group for $3.3 billion.

An investment will help Deezer, which started in France, carry on its expansion round the planet, the company said in its announcement on Monday.

To improve their user and subscriber numbers, electronic music providers have been venturing round the planet, opening up in Europe, South America, Asia, Australia and Africa.

The majority companies, even ones just like Spotify that began in Europe, have pressed hard to establish themselves in the United States, but Deezer has looked elsewhere, viewing the American market as saturated. Apart from France, Britain and some other europe, it is also accessible in Mauritius, Thailand, Ivory Coast and Honduras.

The corporation says it has seven million monthly users, which includes 2 million paying subscribers. Spotify, which for months is considered to be in the entire process of raising more than $200 million, has 15 million monthly users and 4 million paying subscribers. But while Spotify”s lost about $57 million on $236 million in income last year, Deezer says it is profitable.

We don”t have confidence in gambling on the future of music,Axel Dauchez, Deezer’s leader, said in a statement. Both the recovery and also the future development of the music business require the likes of Deezer to develop profitable, long-term business models that deliver for all industry players from authors and artists to digital distributors.

An article in the French paper Le Figaro asserted of the $130 million investment, about $32 million will be utilized to buy out present shareholders, but a spokesman for Access declined to comment. The main record companies and Merlin, which negotiates with respect to many independents, own a minority stake in Spotify.