GoFuckYourself.com - Adult Webmaster Forum - Tech BBC: Shazam

- Fucking Around & Business Discussion (https://gfy.com/forumdisplay.php?f=26)

- - Tech BBC: Shazam - a billion dollar London success (https://gfy.com/showthread.php?t=1159437)

BBC: Shazam - a billion dollar London success

Quote:

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?

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.