Universal, Warner, Sony Music Invest $9 Million In Shazam Ahead Of IPO - hypebot

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Remi Swierczek

They have invested in most glorified PIMP of music.
Hopefully this small but coordinated investment will bring fruitful conversion of Shazam and other music ID services to cash registers of the industry.

As is Shazam and friends is a trespassing private property sorting thru someone's goods and passing them at the click of the button to strangers (9 out 10 cases) It is criminal activity by any social standard in last 2000 years. Change in fair use doctrine would stop this type of activity and convert all ID guys to mandatory cash registers of the industry. Next day 100,000+ Radio stations, including Pandora and XM could become music stores contributing to $new $100 billion dollar music industry.

Simple and obvious - let's do it!

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