[UPDATE: Apple spokesperson Tom Neumayr has denied this report in a statement to Recode,simply saying it’s “not true.”]A report from Digital Music News nowadays citing sources close to Apple claims the company is currently considering a contrivance that would see it shutdown its iTunes Store music download trade within two years. The hurry would mean the company would stop selling downloads of music from iTunes and instead focus entirely on monthly subscriptions to its Apple Music streaming service.
However, on top of the rather fast two year timeline quoted for exiting from the downloads trade, and the report does add that a 3 to 4 year timeline is also something being considered by Apple executives: more…
Filed under: Apps Tagged: Apple,Apple Music, downloads, or iTunes,Music, Revenue, and sales
Source: 9to5mac.com