Apple Close to Buying Shazam to Boost Music Business - News Summed Up

Apple Close to Buying Shazam to Boost Music Business


Apple Inc. is close to acquiring music-identification company Shazam Entertainment Ltd. in a deal that would give it ownership of a popular app with insight into people’s musical interests, according to a person familiar with the matter. The pending deal comes as Apple looks to increase subscriptions to its music-streaming service and prepares to launch its first smart speaker, the HomePod.


Source: Wall Street Journal December 09, 2017 01:30 UTC



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