Shazam is a digital music app that helps generate more digital sales for artists who sell their music on the net. A multi million dollar company that only makes up about 10% of the digital sales pie. You’ll be surprised how much that comes up to be.
“Who says technology is about musicians losing money? That’s 15 percent of sales that wouldn’t exist without apps that help people figure out which song is playing. Shazam generates over $300 million in digital music sales — about ten percent of the entire digital sales pie. Of course, for many of us, “collecting” music doesn’t mean buying it anymore; it means adding a song or album to our music subscription’s collection, rather than downloading. To that end, Shazam integrates with Rdio, so far, so that any time you tag a song, you have the option to add it to your Rdio collection.”
Via Hypebot
