Shazam’s Matching Algorithm Can’t Identify Any Money

Shazam’s just-filed annual summary (source: UK Companies House) Despite a monstrous 120 million app installs, 20 million requests daily, a leading position in music recognition, and approximately $150 million in investor financing, Shazam Entertainment is still hemorrhaging cash. According to paperwork just filed with the UK Companies House,¬†Shazam counted $55.5 million (¬£36 million) in revenue … Continue reading Shazam’s Matching Algorithm Can’t Identify Any Money