Beatport has been a leader in retailing electronic dance music over the internet to DJs. For those that don't know about Shazam, it's a great phone app that listens to music and tells you information like the song title and artist information.
Here are some numbers from the article:
"Shazam... says it has 275 million users."
"The access to Beatport’s catalog could also give Shazam an advantage over its closest competitor, SoundHound, which last year said it had reached 100 million users."
"Dance music is one of its most popular genres, making up 31 of its 100 most tagged songs last year, Will Mills, Shazam’s director of music and content, said in an interview on Tuesday."
"Even though Shazam has a catalog of more than 25 million songs, it is not enough — particularly in the fast-moving dance genre"
"Founded in 2004, Beatport ... says it releases as many as 20,000 new tracks each week, about a third of them not available elsewhere."
"Shazam says the deal will add about 1.5 million songs from Beatport to its database."