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Shazam

A sound relationship

We meet Chairman, Andrew Fisher, to find out how Shazam is continuing to innovate. 

Find out how we could support your business.

Andrew Fisher, chairman, Shazam:

Shazam is best known as a music discovery service which enables people to point their phone and engage with a piece of music at the point of inspiration.

 

So when you’re out of your home in a bar or a nightclub and you hear a piece of music you’re interested in knowing who the artist is or what the name of the song is, you can simply point your phone and it will tell you the name of the song and you can go and buy it or listen to it or find related content.

 

We’re actually a 14 year old company, we really established ourselves after the smart phones came out.

 

Today we still see ourselves very much as a pioneer and continuing to innovate so we’ve moved from just the audio recognition to image and visual recognition.

 

Our mission is to become part of your everyday life, so instead of going to a web browser and typing in www to engage with a piece of content, we want people just to be able to point and click their devices and have an interactive experience.

 

When we first started working and talking to Barclays they didn’t have the products that we were really looking for. They went away and innovated and came back with a new product for us which was a venture dept facility.

 

Barclays has been instrumental in taking a very long term view as we’ve built our company. They’re prepared to be flexible and work with us as a team and they believe in our company and the opportunity that we’re pursuing.

 

We are in two hundred countries worldwide, we have over seven hundred million people using Shazam. There are six billion people in the world that have mobile phones and we want to be as ubiquitous as possible and the only way we are going to achieve that is through a partnership with Barclays that can help us develop Shazam into a global business.

End transcript.

The vision for Shazam is to help people recognise and engage with the world around them.

Shazam began in 2002 and now has offices in London, America and Australia.

Today Shazam connects more than 1 billion people worldwide.

Barclays is prepared to be flexible, work with us as a team and they believe in our company. In terms of the future, the way we view Barclays is as a trusted partner who can really help us get to the scale that we are looking to achieve.

Andrew Fisher

Chairman

Shazam continues to innovate, extending beyond audio recognition to image and visual recognition to make it easier for consumers to engage with brands.

Understanding the scale in which Shazam were looking to grow, Barclays created a new venture debt facility specific to their business needs enabling them to expand globally at rapid pace.

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