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Old 01-21-2015, 08:29 AM   #1
DVTimes
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BBC: Shazam - a billion dollar London success

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The music discovery app has unveiled nearly £20m of new backing - but the key fact is that it is at a valuation of more than £660m ($1bn). That is quite a milestone, and the firm believes it is the first UK mobile app to break the billion dollar barrier.
BBC News - Shazam - a billion dollar London success

I just find this story interesting.

I wonder what they would use the 20 millions for?

Would it be simply advertisement to get it so well known its on everyone's phone or the technology side?
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Old 01-21-2015, 11:38 AM   #2
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The only time I use their app is if I happen to be listening to the radio and I like I song. But that may be only 1 time every few months. With satellite radio, spotify, etc I don't see how their business is going to hold on.
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Old 01-21-2015, 12:29 PM   #3
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Dam, I thought this was going to be an announcement about a sequel to my favourite movie ever, but then I remembered that was Kazaam, not Shazam.

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