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. 

Employee Rating

3.9More
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 £40.84 m in FY, 2017
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

19.0k163.7k1.1m2.0m2.4m2.4m4.6m7.3m10.6m15.6m21.8m31.0m36.0m35.2m40.3m40.8m

Revenue growth, %

(2%)

Cost of goods sold

63.1k135.7k143.6k357.0k309.0k645.2k886.9k516.9k932.2k2.3m2.8m2.8m2.2m2.7m2.4m

Gross profit

100.6k941.0k1.9m2.0m2.1m4.0m6.4m10.1m14.7m19.5m28.3m33.2m32.9m37.5m38.4m
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

2.6m1.6m45.0k616.6k1.1m7.7m5.0m3.2m3.1m7.2m18.7m12.8m23.2m11.1m27.6m27.8m22.0m

Accounts Receivable

22.3k29.1k122.9k611.4k490.0k802.6k1.1m2.9m1.7m1.8m2.9m4.7m5.1m6.7m7.7m7.4m

Current Assets

2.7m2.5m217.5k1.7m4.8m8.5m6.2m5.1m6.3m9.7m21.8m17.6m32.1m20.8m39.1m46.0m37.9m

PP&E

48.4k338.1k504.0k325.2k44.1k284.0k302.2k450.8k586.5k1.9m2.6m2.4m1.3m1.6m1.4m1.2m720.2k
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(998.2k)(1.6m)(4.6m)(2.5m)1.4m4.3m(2.5m)(1.3m)(89.9k)(635.4k)(619.4k)(3.3m)(2.0m)(14.8m)(16.7m)(3.7m)(17.7m)

Cash From Operating Activities

263.1k3.3m1.3m(4.0m)(813.3k)(11.2m)(14.5m)(1.0m)(4.8m)

Cash From Financing Activities

434.03.1m12.3m11.0m12.2m5.0m31.3m55.8k149.8k

Net Change in Cash

(151.6k)4.1m11.5m(5.9m)10.4m(8.2m)16.4m(874.4k)(4.8m)
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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

Apple Now Officially Owns Shazam, and Says the App Will Soon Be Ad-Free

The purchase could bring another 7.5 million subscribers to Apple Music.

Apple completes acquisition of music recognition app Shazam

Apple on Monday announced it has completed the acquisition of Shazam, one of the world's most popular music recognition mobile apps.

Apple acquires Shazam and announces it’ll now be ad-free

Apple has just confirmed its acquisition of the music identification app, Shazam. On top of this, the company has announced that the app will become ad-free for all users, even for those on Android. This purchase has been on the cards for some time. In fact, we reported on it in December of last yea…

Apple completes deal to buy Shazam

(Reuters) - Apple Inc has completed the acquisition of music discovery app Shazam, it said on Monday, weeks after the European Union approved the deal.

Apple finalizes Shazam purchase, promises ad-free app experience

Originally announced in 2017, Apple confirmed today that it has completed its acquisition of Shazam, the music-identification app that has been downloaded over a billion times since its release. Apple also announced that the Shazam app will “soon” go ad-free for all users. Shazam’s acquisition was t…

Apple closes its $400M Shazam acquisition and says the music recognition app will soon become ad free

Last year, we broke the news that Apple was buying the music recognition startup and app Shazam for about $400 million, and nearly one year later, the deal has finally closed. Today, Apple announced that it has completed the acquisition, and that it would soon be making the service ad free to use fo…
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Shazam Company Life and Culture

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Shazam Frequently Asked Questions

  • When was Shazam founded?

    Shazam was founded in 2000.

  • Who are Shazam key executives?

    Shazam's key executives are Rich Riley, Todd Saypoff and Greg Glenday.

  • What is Shazam revenue?

    Latest Shazam annual revenue is £40.8 m.

  • Who are Shazam competitors?

    Competitors of Shazam include Boombotix, SoundCloud and Amuse.

  • Where is Shazam headquarters?

    Shazam headquarters is located at 26-28 Hammersmith Grove, London.

  • Where are Shazam offices?

    Shazam has offices in Berlin, North Sydney, Chicago, Los Angeles and in 4 other locations.

  • How many offices does Shazam have?

    Shazam has 8 offices.