Apple’s iPhone 6 may be an entire farm of cash cows, but reportedly two music services underneath the same company logo can’t occupy the same space at the same time. It’s against the law of physics.
Of course, we’re talking about Dr. Dre’s newly launched Beats Music vs. behemoth music supplier iTunes.
Despite being directly told otherwise by Apple, TechCrunch is still reporting that Apple is planning to shut down the streamer that Dre and Jimmy Iovine built at an undisclosed date. TC is also pointing out that Apple told them that they were adamant about the debunking the notion of being “shut down,” but as for rebranding and/or restructuring the service, the writing may be on the wall.
Apple acquired Beats Music in May when Dr. Dre became somewhat like a billionaire by selling his brand to the Fruit for a reported $3 billion dollars. Both Dre and Iovine’s involvement with Apple has been loosely regarded as being “senior officials” with the company, strengthening TC’s point that their expertise was recruited for the headphone business opposed to their music app.
Whether Beats Music merges or folds, Apple will likely find a spot for its employees. A 2013 report said iTunes accounted for 63 percent of digital music sales.