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Thread: Apple will shut down iTunes, ending the download era, report says

  1. #1

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    Apple will shut down iTunes, ending the download era, report says

    https://www.latimes.com/entertainmen...531-story.html

    The iTunes store is a dead service walking.

    On Friday afternoon, social media erupted after Bloomberg News reported that Apple was set to announce the end of its iTunes store, which transformed the music business when it was launched in 2003.

    Apple will hold its annual developer conference Monday, and among the slate of expected announcements is a reconfiguration that will divide iTunes’ offerings into three newly developed applications for music, TV and podcasts, according to Bloomberg. Apple representatives did not respond to requests for comment on the report.

    The end of the iTunes era: The life and death of Apple's curator-in-chief »
    If true, it will mark the end of a 16-year run that kick-started the digital commerce revolution. For better or worse, without Apple’s experiment, the ways in which culture consumes entertainment wouldn’t be the same.

    Apple’s Steve Jobs set his sights on music before moving into movies and podcasts. In introducing the store in 2003, he told Billboard that Apple hoped to help the music business navigate out of the Napster-driven file-sharing free-for-all that devastated companies’ bottom lines.

    “The record companies are in a difficult situation because people want to buy their music online, but there’s no real way to do it, so they steal it,” Jobs said. “The users are in a bad situation because most of them don’t want to steal music online, but there’s no other way to get it that’s any good.” Jobs proposed iTunes as “a middle way, a middle path out of this.”

    Part of the issue here is that competitors like Spotify, Iheart, Tunein, Accuradio, 8tracks and Youtube have taken over for people who watch and listen to music on the apps.

    Another part is that the music industry has shifted to concert sales and Youtube audience size over the past 16 years since Itunes came out.

  2. #2
    Quote Originally Posted by RadioPatrol View Post

    Part of the issue here is that competitors like Spotify, Iheart, Tunein, Accuradio, 8tracks and Youtube have taken over for people who watch and listen to music on the apps.
    Apple has its own music streaming app called Apple Music with 50 million paid subscribers:

    https://variety.com/2019/digital/new...ra-1203230851/

  3. #3
    This article points out that the profit margin on music download sales has been relatively small.


    https://www.rollingstone.com/music/m...itunes-842750/

  4. #4
    This story about the alleged end of the iTunes Store was fake news. See https://support.apple.com/en-us/HT210200 for details on what's really happening.
    Regards,
    Phil

  5. #5
    Quote Originally Posted by LG73 View Post
    This story about the alleged end of the iTunes Store was fake news.
    I wouldn't call it "fake news." They are rebranding it, so the store as it's been known is going away. That is factually correct.

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