Apple is close to acquiring Shazam, the app that lets users identify songs, movies, TV shows and commercials by using a small portion of the audio or images, TechCrunch reports. Sources said the deal could be announced as early as today, with one claiming Apple could pay more than $400 million for the company. The app has been downloaded more than a billion times, but hasn’t been turning much of a profit. The app already integrates with Siri and sends lots of traffic to both Apple Music and the competing Spotify service. Update: Apple has confirmed its acquisition of Shazam to 9to5Mac, saying in a statement that Apple has “exciting plans in store, and we look forward to combining with Shazam upon approval of today’s agreement.”
Dan Pye was a news editor at iLounge. He's been involved with technology his whole life, and started writing about it in 2009. He's written about everything from iPhone and iPad cases to Apple TV accessories.