The three record companies that bought Shazam shares are already the owners of Spotify.

Source: Internet
Author: User
Keywords Sony Million dollar small
Tags .mall applications comment company marketing services software sony

Music recognition Applications Shazam received 3 million of billions of dollars in capital injections from Warner Music, Universal Records and Sony Music, which were bought from a third party investor. Shazam is currently refusing to comment on the matter.

Shazam, from London, is currently valued at $500 million trillion, although the software mainly provides music recognition services, but many brands as a valuable marketing partner. The company claims to have 450 million users worldwide, including more than 90 million live users. Shazam last year began to extend its music-recognition technology to television, such as television program recognition and advertising recognition.

Last month, Bloomberg said Apple would work with Shazam to use its fast-identification technology in future IOS to help users find content.

The three record companies that bought Shazam shares are already owned by Spotify, and global records have a 14% stake in Beats Electronics, while Warner Music's holding company, Access team, is also beats Electronics is one of the investors in the online music service beats.

Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.