Apple is in talks to buy the popular song recognition app Shazam as the tech giant tries to compete with streaming leader Spotify, TechCrunch reported Friday.
The technology news site, quoting unnamed sources, said that the deal could be announced Monday with financial terms not yet clear.
Since its founding in 1999, Shazam has offered a high-tech solution to listeners´ longtime agony over not recognizing music on the radio or in bars, letting users identify songs through their phones´ microphones.
Apple said in September that the service had more than 30 million subscribers -- a rapid rise but still trailing industry leader Spotify which said it had 60 million paying users as of July and 80 million more on its free tier.
This could be a huge step for shazam, as a whole, in terms of emerging as an elite superpower in the music sector. If apple does, in fact, purchase shazam, then I could see them catching up to spotify in the near future. Cool post, I enjoy info like this... gonna check out some more stuff and give a follow
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