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Business founder leaves Shazam Board

brent hoberman


Brent Hoberman has resigned as a Director of Shazam Entertainment Ltd after three years on the board.

Hoberman is an internet entrepreneur who, with Martha Lane Fox, founded one of the biggest dot-com success stories, online travel portal, in 1998.

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He joined Shazam as a Director in December 2012 but, MBW has discovered, parted ways with the UK company on December 31 last year.

Shazam, a company registered in the UK, has lost £25 million in the past three years, but has a user base in excess of 120 million people.

Warner Music Groups, led by Len Blavatnik, together with Vivendi and Sony invested $3 million in the popular music information app Shazam in 2014.

The firm is currently experimenting with the exclusive distribution of certain releases.

It was owed $1.2 million by Rdio, which filed for bankruptcy protection in November last year.

BY TIM INGHAM, Music Business World Wide


READ MORE: Shazam Entertainment

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British entrepreneur Brent Hoberman is one of several business leaders who are going to be honored a CBE, or Commander of the Order of the British Empire,   for contribution to the British business community, as More…


One of the hottest British dot.coms that rose high and fell hard hard is now being placed on the auction block by parent company Sabre to be sold at a loss. In 1998, LastMinute, founded by Brent Hoberman and Martha More…




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