Spokesman Tom Neumayr said bluntly that the rumors were "not true," although it is possible that the service will be rebranded in the future.
Beats Music subscribers pay $10 per month for unlimited streaming access to a large catalog of tracks on desktop or mobile devices. The service and its contracts with the major record labels is said to be a big reason that Apple purchased Beats for $3 billion this year.
Apple recently added Beats Music to its Apple TV set-top, and CEO Tim Cook said in an interview he was so impressed by the service that he could barely sleep. Hardly something a company would do if they were on the verge of shutting down a service.
We would expect that Beats Music will be folded into iTunes Radio, giving Apple users a much better overall service with more options.
Source:
BI
Written by: Andre Yoskowitz @ 23 Sep 2014 0:44
