Prior to its Acquisition, Shazam Was Actually Bleeding Millions

Looks like Shazam’s revenue had all-but-flatlined prior to Apple’s acquisition.  Losses also skyrocketed.  So, would the popular app have gone bankrupt? Shazam has filed its public financial results for 2017 in the Companies House in the UK. Breaking down the company’s financials, Shazam had reached over 400 million annual active users in 2017.  In 2016, […]

The post Prior to its Acquisition, Shazam Was Actually Bleeding Millions appeared first on Digital Music News.

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