Shazam provides an application for connecting artists and fans through music discovery. It enables people to discover, explore and share their favorite music and TV. Shazam can identify music, movies, advertising and television shows, based on a short sample played and using the microphone on the device. 

TypeSubsidiary
Parent CompanyApple
HQLondon, GB
Founded2000
Websiteshazam.com
Shazam was founded in 2000 and is headquartered in London, GB
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Key People/Management at Shazam

Rich Riley

Rich Riley

CEO
Todd Saypoff

Todd Saypoff

CFO
Greg Glenday

Greg Glenday

Chief Revenue Officer
Fabio Santini

Fabio Santini

Chief Product Officer
Andrew Fisher

Andrew Fisher

Executive Chairman
Antonious Porch

Antonious Porch

General Counsel
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Shazam Office Locations

Shazam has offices in Berlin, North Sydney, Chicago, Los Angeles and in 4 other locations
London, GB (HQ)
26-28 Hammersmith Grove
North Sydney, AU
100 Walker St
Berlin, DE
19 Münzstraße
Chicago, US
410 North Michigan Avenue
Los Angeles, US
1990 South Bundy Drive
New York, US
52 Vanderbilt, 19th Floor
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Shazam Financials and Metrics

Summary Metrics

In total, Shazam had raised $143.5 m. Shazam is a subsidiary of Apple

Shazam Revenue

Shazam's revenue was reported to be £40.29 m in FY, 2016
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

19 k163.7 k1.1 m2 m2.4 m2.4 m4.6 m7.3 m10.6 m15.6 m21.8 m31 m36 m35.2 m40.3 m

Revenue growth, %

(2%)

Cost of goods sold

63.1 k135.7 k143.6 k357 k309 k645.2 k886.9 k516.9 k932.2 k2.3 m2.8 m2.8 m2.2 m2.7 m

Gross profit

100.6 k941 k1.9 m2 m2.1 m4 m6.4 m10.1 m14.7 m19.5 m28.3 m33.2 m32.9 m37.5 m
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

2.6 m1.6 m45 k616.6 k1.1 m7.7 m5 m3.2 m3.1 m7.2 m18.7 m12.8 m23.2 m11.1 m27.6 m27.8 m

Accounts Receivable

22.3 k29.1 k122.9 k611.4 k490 k802.6 k1.1 m2.9 m1.7 m1.8 m2.9 m4.7 m5.1 m6.7 m12.8 m

Current Assets

2.7 m2.5 m217.5 k1.7 m4.8 m8.5 m6.2 m5.1 m6.3 m9.7 m21.8 m17.6 m32.1 m20.8 m39.1 m46 m

PP&E

48.4 k338.1 k504 k325.2 k44.1 k284 k302.2 k450.8 k586.5 k1.9 m2.6 m2.4 m1.3 m1.6 m1.4 m1.2 m
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(998.2 k)(1.6 m)(4.6 m)(2.5 m)1.4 m4.3 m(2.5 m)(1.3 m)(89.9 k)(635.4 k)(619.4 k)(3.3 m)(2 m)(14.8 m)(16.7 m)(4.5 m)

Cash From Operating Activities

263.1 k3.3 m1.3 m(4 m)(813.3 k)(11.2 m)(14.5 m)(1 m)

Cash From Financing Activities

434 3.1 m12.3 m11 m12.2 m5 m31.3 m55.8 k

Net Change in Cash

(151.6 k)4.1 m11.5 m(5.9 m)10.4 m(8.2 m)16.4 m(874.4 k)
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Shazam Operating Metrics

FY, 2010FY, 2011FY, 2012FY, 2013H1, 2014FY, 2014FY, 2015FY, 2016

Users

100 m250 m375 m500 m

Active Users

300 m

Monthly Active Users

150 m100 m120 m

Daily Transactions

10 m15 m19 m20 m20 m20 m
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Shazam Online and Social Media Presence

Embed Graph
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Shazam News and Updates

EU approves Apple acquisition of music discovery app Shazam

(Reuters) — The European Union approved Apple’s planned acquisition of British music discovery app Shazam on Thursday, saying an EU antitrust investigation showed it would not harm competition in the bloc. The deal, announced in December last year, would help the iPhone maker better compete with Spo…

Apple’s Shazam acquisition cleared by EU regulators

European regulators have given the green light to Apple’s December 2017 acquisition of music and image recognition discovery firm Shazam. Apple Music is the second largest music streaming service in Europe, after Spotify . While Shazam offers what has been described as “a leading music recognition a…

European Commission clears Apple acquisition of Shazam

The European Commission said in a release Thursday that it had cleared Apple Inc.'s planned acquisition of Shazam, following an investigation that looked into whether the data housed by a combined Apple-Shazam would restrict competition in the streaming-music industry. "After thoroughly analysing S…

EU clears Apple's purchase of Shazam

The European Union approved Apple's planned acquisition of British music discovery app Shazam on Thursday, saying an EU antitrust investigation showed it would not harm competition in the bloc.

Apple Wins EU Antitrust Approval to Take Over Shazam Service

Apple Wins EU Antitrust Approval to Take Over Shazam Service

UPDATE 2-Apple to gain unconditional EU approval for Shazam buy -sources

Apple is set to win unconditional EU antitrust approval for its planned acquisition of British music discovery app Shazam, two people familiar with the matter said on Wednesday.
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Shazam Company Life and Culture

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