The Shazam app is about more than just identifying music nowadays – it can tag TV shows and adverts – but that hasn’t lessened its impact on the music industry, as people buy the songs they identify.
“We will drive more than $300 million in music sales this year via our digital storefront partners like iTunes and Amazon, so we receive affiliate revenue from this, which ads up given that we sell over 500,000 songs per day,” EVP of marketing David Jones tells Kickshuffle.
Shazam now has a database of 25m music tracks, received from labels, artists and managers, DJs and TV music supervisors. Jones adds that Shazam users tag more than 10m pieces of content a day: songs, shows and ads.
While music is still a core service for Shazam, though, Jones says that TV advertising “is our fastest growing source of revenue for the company”, with more than 200 ads so far Shazam-enabled in the US, Europe and Australia.


Cripes RT @TheAppside: Shazam ‘will drive more than $300m in music sales this year’: http://t.co/YnXN7eTl cc @Shazam
Wonder what their referral rates are.. RT @stuartdredge: Shazam ‘will drive more than $300m in music sales this year’ http://t.co/wcpJrlJW
Hogwash surely? – RT @TheAppside: Shazam ‘will drive more than $300m in music sales this year’: http://t.co/lelo9Qr6
Shazam drives $300m in music sales a year – an impressive number despite the fact the margin will be very low. http://t.co/RPPbun7A
Shazam ‘will drive more than $300m in music sales this year’ http://t.co/2nyYd6H1 via @stuartdredge @TheAppside
Shazam will drive more than $300m in music sales this year (and keep ~$15m in affiliate revenue). http://t.co/5Wl19Hp8 via @stuartdredge
And fastest growing rev source are TV ads! MT @TheAppside: Shazam ‘will drive more than $300m in music sales this year’ http://t.co/jLF79OXL
Shazam ‘will drive more than $300m in music sales this year’ – The Appside http://t.co/y90yI26j
Shazam will drive more than $300m in music sales this year http://t.co/mq5UOJaN via @stuartdredge #musicbusiness #apps
Shazam will drive more than $300m in music sales this year http://t.co/NjLhsvy1 via @stuartdredge
#Shazam déclare qu’il va générer plus de 300 millions de $ de vente de musique cette année. http://t.co/qfabiPyS
Shazam will drive $300 million in sales this year, and sells half a million songs per day. http://t.co/tWZFjmoz
Shazam ‘will drive more than $300m in music sales this year’ http://t.co/DZExwuBt
#Shazam #ShazamTV will drive more than $300 million in sales this year. http://t.co/FpMnPsjT