Apple will include the Beats app in its latest update to the iOS operating system used on iPhones and iPads, writes the FT.
Apple purchased Beats, known primarily for its headphones, for $3bn (£1.9bn) earlier this year in May.
The company declined to comment on the FT's report.
The FT broke the news of Apple's acquisition of Beats earlier in the year.
The move into streaming music threatens the dominance of
market-leader Spotify, and also comes as downloads from Apple's music
store, iTunes, have declined.
By pre-installing the app on iPhones and iPads, Apple will be able to easily reach new customers.
However, the value of streaming music services to artists has
recently come under scrutiny after Taylor Swift pulled her entire music
catalogue from Spotify.
Ms Swift said that the amount paid to her in royalties from Spotify undervalued her work.
Spotify has rejected that claim.
source:bbc
image: getty images
Thursday, November 20, 2014
Apple to push Beats to all iPhones according to FT
2:03 PM
No comments
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment