Jump to content

Apple, Inc. confirms acquisition of Shazam

Edit links
Checked
From Wikinews, the free news source you can write!

Wednesday, December 13, 2017

Related articles
Collaborate!

On Monday, US-based tech company Apple, Inc. confirmed acquisition of UK-based song identification application Shazam. According to reports, the deal is worth US$400 million.

Screenshot of Shazam after identifying the song Un Poco Loco from Pixar's Coco
Image: Shazam.

"We are thrilled that Shazam and its talented team will be joining Apple [...] and we can't imagine a better home for Shazam to enable us to continue innovating and delivering magic for our users.", Shazam spokesperson Giovanni Bossio said. Shazam has over one hundred million users.

Founded in West London in 1999 by Avery Wang, Chris Barton, Dhiraj Mukharjee, and Philip Inghelbrecht, Shazam creates a "digital fingerprint of the audio" and recognises a song, and provides other information including artist's name, album, lyrics, release year and record label company. It also provides links to music streaming services including Apple Music, Google Play Music and Spotify. Shazam generates revenue from advertisements and commission from streaming services.

Shazam is integrated with Apple's voice assistant Siri. Apple spokesperson Tom Neumayr said, "Apple Music and Shazam are a natural fit, sharing a passion for music discovery and delivering great music experiences to our users. We have exciting plans in store, and we look forward to combining with Shazam upon approval of today's agreement." Apple Music has about 27 million subscribers, while its competitor Spotify has about 60 million.

California-based company Apple, Inc. acquired Dr. Dre's Beats Electronics three years ago for US$3 billion.


Sources

Share this:  E-mail this story Share on Facebook Share on reddit.com Share on LinkedIn.com Share on twitter.com


This page is archived, and is no longer publicly editable.

Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.

The text of this article is licensed under the terms of the Creative Commons Attribution 2.5 License

This page is archived, and is no longer publicly editable.
Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.

The text of this article is licensed under the terms of the Creative Commons Attribution 2.5 License
Retrieved from "https://en.wikinews.org/w/index.php?title=Apple,_Inc._confirms_acquisition_of_Shazam&oldid=4813448"