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Financials

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Revenues, earnings & profits over time
GBP20152016
Revenues00000000
% growth-15 %
EBITDA00000000
% EBITDA margin41 %5 %
Profit00000000
% profit margin48 %11 %
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Company filings or news article

More about Shazam
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Shazam is a pioneering startup in the music recognition industry, providing a unique service that allows users to identify songs simply by listening to a short audio clip. The company operates in the digital music and entertainment market, catering to a broad range of clients including individual music enthusiasts, artists, and music industry professionals.

Shazam's primary service is its mobile app, which uses advanced audio recognition technology to match a snippet of music to its vast database of songs. When a user hears a song they like but don't know the name of, they can open the Shazam app, tap a button, and within seconds, the app identifies the song, artist, and album. This service is particularly popular among younger, tech-savvy consumers who are constantly discovering new music.

The business model of Shazam is multifaceted. It generates revenue through advertising, partnerships, and affiliate marketing. When users identify a song, they are often given the option to purchase or stream the track through platforms like Apple Music, Spotify, or Amazon Music. Shazam earns a commission from these purchases and streams. Additionally, the app features ads, which provide another stream of income.

Shazam also partners with various brands and artists for promotional campaigns. These partnerships can involve exclusive content, special features, or targeted advertising, all of which contribute to the company's revenue.

In summary, Shazam is a tech-driven music recognition service that helps users identify songs and connects them to music purchasing and streaming platforms. It serves a diverse clientele in the digital music market and makes money through advertising, partnerships, and affiliate commissions.

Keywords: music recognition, mobile app, audio technology, digital music, advertising, partnerships, affiliate marketing, song identification, tech-savvy, entertainment industry.

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Investments by Shazam

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Tunezee
ACQUISITION by Shazam Jun 2011