Apple plans to close iTunes music store, Weraveyou portal reports, EP reports.
According to the journalists, the sharp decrease in sales of iTunes tracks has been observed lately. The company management concluded that the model of music consumption changed, and decided to launch the own streaming service under Apple Music, creating the competition for SoundCloud, YouTube and Spotify.
According to the information of the portal, the service will be closed at the beginning of 2019. It is noted that all compositions, acquired by iTunes users, will be transferred to Apple Music.
It should be reminded that Apple is going to purchase the purchase the music identification service Shazam.
