Beats Music To Relaunch As A Part Of iTunes Next Year
Tanay Hudson (@NYStateOfMind2)
There were rumors recently that Apple was going to shut down the streaming service Beats Music to make changes and now they seem to be following through.
Due to their downloading sales decreasing by 14 percent this year, iTunes is looking for ways to recoup and make more monies. To make up for their loss, the Wall Street Journal reports that iTunes is rebuilding Beats Music, the $10-a-month streaming service, so it can relaunch as a part of iTunes next year.
Their decreasing sales now make it obvious as to why they purchased the subscription-based service as a part of their $3.2 billion acquisition of Dr. Dre and Jimmy Iovine's Beats Electronics company earlier this year.