Home deals WSJ: Warner, Universal, Sony Buy Stakes in Music App Shazam

WSJ: Warner, Universal, Sony Buy Stakes in Music App Shazam

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shazamThe WSJ reports that Warner Music Group owner Access Industries, Vivendi’s Universal Music Group and Sony Music Entertainment have each acquired $3 million stakes in Shazam Entertainment, the music-identification app, according to people familiar with the transactions. All of the shares were purchased from a single third-party investor. Read more.

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