London – Shazam, the provider of a mobile music identification and discovery service, announced on Wednesday its first acquisition, with the purchase of Tunezee, a Silicon Valley-based provider of song lyrics.
Financial terms of the transaction were not disclosed.
London-based Shazam said it will use Tunezee’s service to launch Shazam LyricPlay, a new feature for its paid Encore premium mobile application, which will allow users to view lyrics in real-time that are synchronized with the music.
Shazam said it has built a database of lyrics to launch the new feature, based on a “growing” library of more than 25,000 of the service’s most popular tagged songs.
Shazam’s premium Encore app is available for a one-time fee of $5.99, or $3.99 for a one-year subscription.
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