Music identification outfit Shazam is coverting tags to downloads at a 13% rate at some - but not all - of its partners download stores. "We're approaching 260,000 downloads a day," a Shazam representative told Billboard, making clear the company has not reached the 300,000 downloads a day reported earlier this week. Shazam users tag an average of two million songs a day with Shazam's mobile application.

These numbers clear up a bit of confusion about reports of comments made by Shazam CEO Andrew Fisher at MIDEM earlier this week. A January 24 post at Music Ally claimed Fisher said Shazam was responsible for 300,000 downloads a day. At 260,000 downloads a day - a number Shazam has not yet reached - the company would be responsible for nearly 95 million downloads a year, or 6.3% of the 2009 global single track total of 1.5 billion (IFPI Digital Music Report 2010).

The Shazam mobile application uses music recognition technology that allows users to identify music that is playing. In October, the company raised additional funding from venture capital firm Kleiner Perkins, an early investor in such technology giants as Google and eBay. DN Capital and Acacia Capital Partners are also investors.

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