music subscription services

Apple Moves to Streaming Model as iTunes Sales Wane

Apple Music

Episode 1203

The reason why Apple is going to a subscription model as opposed to the iTunes music purchase model turns out to be due to waning sales. More people are listening to streaming music than are buying music and downloading it. So it makes sense that Apple would want to get into that business with a subscription service. It's why they bought Beats. And their $10 a month service is competitive as well.