BBC: Shazam - a billion dollar London success

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  • DVTimes
    xxx
    • Jun 2003
    • 31650

    #1

    Tech BBC: Shazam - a billion dollar London success

    The music discovery app has unveiled nearly £20m of new backing - but the key fact is that it is at a valuation of more than £660m ($1bn). That is quite a milestone, and the firm believes it is the first UK mobile app to break the billion dollar barrier.
    BBC News - Shazam - a billion dollar London success

    I just find this story interesting.

    I wonder what they would use the 20 millions for?

    Would it be simply advertisement to get it so well known its on everyone's phone or the technology side?
    XXX
  • MassMarketing
    TPMN
    • Jun 2014
    • 589

    #2
    The only time I use their app is if I happen to be listening to the radio and I like I song. But that may be only 1 time every few months. With satellite radio, spotify, etc I don't see how their business is going to hold on.
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