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November 29, 2011 08:31 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/WmHkSqeXntc/
Shazam Reacquires Its Audio-Recognition Intellectual Property
Mobile music discovery platform Shazam is reacquiring the intellectual property it sold to music royalty outfit Broadcast Music Inc. (BMI) back in 2005. At the time, the startup had sold the IP, which involves Shazam's core audio recognition technology, in order to help fund its development. Given Shazam's recent growth and expansion into other areas beyond music identification, now was the right time for the company to reacquire those rights, says Shazam CEOAndrew Fisher.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/WmHkSqeXntc/
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