Hello everyone! How are you? Yesterday, Apple made it official that they acquired Shazam.
Here’s the statement from Apple.
“We are thrilled that Shazam and its talented team will be joining Apple. Since the launch of the App Store, Shazam has consistently ranked as one of the most popular apps for iOS. Today, it’s used by hundreds of millions of people around the world, across multiple platforms. 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.”
Although the price was not disclosed, the deal is in the $400 million range.
Snapchat and Spotify also expressed interest in buying Shazam.
Hopefully Shazam & Apple will have something big up their sleeve in the future!
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