BMI Acquires Song Identification Technology from Shazam

New York -- BMI, the performing rights organisation representing
300,000 songwriters and 6.5 million works, announced that it has
acquired the technology assets of Shazam Entertainment Ltd., a U.K.-
based developer of mobile music recognition technology. Financial
details were not disclosed. Terms of the deal call for Landmark Digital
Services, a new subsidiary of BMI, to acquire music recognition
technology from Shazam, which will be renamed BlueArrow. Shazam
will receive a worldwide exclusive license from Landmark to continue
offering the music recognition technology to consumers. BMI said it
plans to use the BlueArrow technology to identify members' songs
played on various media -- including radio and TV -- to track and
process royalty payments.
http://www.bmi.com/news/200508/20050830a.asp