Apple Closes Shazam Buyout

Apple Closes Shazam Buyout

Apple announced today that it closed its $400 million acquisition of music recognition app Shazam, a transaction initiated late last year. Shazam lets users identify songs simply by listening to the music playing around them. In a press release, Apple said it intends to offer its experience ad-free for all users “so everyone can enjoy the […]

Senate Passes Music Modernization Act

Senate Passes Music Modernization Act

A decades-long US music battle is winding to a conclusion with full Senate passage of the Music Modernization Act today. Continuing opposition by SiriusXM and some last minute maneuvering by the Blackstone Group, owner of SESAC and the Harry Fox Agency, kept things contentious up until the last minute, but were not perceived as serious […]