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Technology Stocks : Apple Inc.
AAPL 172.220.0%Dec 14 5:20 PM ESTNews

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From: Moonray12/6/2017 4:39:06 PM
   of 200644
 
Apple ‘On Schedule’ to Terminate Music Downloads by 2019

Apple is aggressively scheduling a phase-out of music downloads from the iTunes Store,
according to multiple sources tied into the platform or working at the company itself.
The termination has been in motion since 2016, when sources first tipped the story
to Digital Music News.

At that stage, the plan was to sunset music downloads within ‘3-4 years’. Now, plummeting
download sales may be creating pressure to accelerate that window. “More and more
[downloads] are legacy,” one source told DMN over the weekend. “That part is obvious”.

Apple has told DMN that no such phase-out plan exists. One source has repeatedly insisted
that the plan not only exists, but that it is ‘on schedule,’ or even ahead of the original schedule.

Throughout the discussions, sources have demanded complete confidentiality. Phone
conversations or personal email accounts were preferred, largely to avoid corporate
monitoring of communications.

More at: digitalmusicnews.com

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