You’ve probably heard by now that Beatport was bought out by Robert Sillerman’s SFX Entertainment for a reported $50 million earlier this week. It’s a major move for a company that has acquired several key electronic music promotion and live event companies over the last couple of months. Beatport, however, is the first stake SFX has claimed in the realm of digital music sales and other media-focused ventures.
Good news dance music junkies: Shazam-ing just got easier. According to the New York Times Media Decoder blog, the popular song identification app has struck a deal with Beatport that will expand its current database by 1.5 million songs. Shazam currently boasts 275 million users (175 million more than its strongest competitor, SoundHound), and the company’s director of music and content, Will Mills, explained to the NYT that dance music continues to become more and more popular on the app, making up for 31 of the 100 most tagged songs in 2012.
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