Categories
iTunes iTunes Music Store iTunes Radio News

Streaming music rises, CD sales fall and Apple may rebrand Beats into improved streaming music service

This may be behind the reason that Apple acquired Beats and its associated streaming music service last year. As of now, revenue from music streaming is now overshadowing CD sales in the US, according to new data published by the Recording Industry Association of America on Thursday, signalling a sea-change in favor of services like […]

Categories
Finance iTunes Music Store News Software

Apple reports falling iTunes Music Store numbers in SEC filing

iTunes Music Store downloads are falling. And the numbers aren’t pretty. According to VentureBeat, in a securities filing with the Securities and Exchange Commission, Apple reported declining iTunes Music Store numbers. “Growth in net sales from the iTunes Store was driven by increases in revenue from app sales reflecting continued growth in the installed base […]