SoundHound rolls out new app, Shazam gets major label money

Music identification specialist SoundHound unveiled a new version of its iOS, Android, Windows phone and Blackberry apps Thursday, offering new ways for users to explore the results of their song searches. The app, which offers the ability to identify songs by listening in what’s playing around you or having users hum a melody, also expanded its lyrics catalog, which it displays in real-time while a song is playing. The new version comes just as competitor Shazam reportedly secured some smaller investments from the major record companies. The three majors each took a $3 million stake in the company, according to the Wall Street Journal.

Social TV ad battle heats up

The new Optimal system is an example of how a non-proprietary, stand-alone ACR technology can enable third-party applications and business models to be built around TV content.

Gracenote readies its own second-screen platform

Second-screen apps could soon tell you which actors are on your TV screen, what products they’re consuming and which music is playing in the background, thanks to a yet-to-be launched content-recognition platform from Gracenote. The company gave us a first look at the technology.