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Apple to push Beats to all iPhones according to FT | Apple to push Beats to all iPhones according to FT |
(about 20 hours later) | |
Apple is planning to push its Beats music streaming service to every iPhone in the new year, according to a report in the Financial Times newspaper. | |
Apple will include the Beats app in its latest update to the iOS operating system used on iPhones and iPads, writes the FT. | Apple will include the Beats app in its latest update to the iOS operating system used on iPhones and iPads, writes the FT. |
Apple purchased Beats, known primarily for its headphones, for $3bn (£1.9bn) earlier this year in May. | Apple purchased Beats, known primarily for its headphones, for $3bn (£1.9bn) earlier this year in May. |
The company declined to comment on the FT's report. | The company declined to comment on the FT's report. |
The FT broke the news of Apple's acquisition of Beats earlier in the year. | The FT broke the news of Apple's acquisition of Beats earlier in the year. |
The move into streaming music threatens the dominance of market-leader Spotify, and also comes as downloads from Apple's music store, iTunes, have declined. | The move into streaming music threatens the dominance of market-leader Spotify, and also comes as downloads from Apple's music store, iTunes, have declined. |
By pre-installing the app on iPhones and iPads, Apple will be able to easily reach new customers. | By pre-installing the app on iPhones and iPads, Apple will be able to easily reach new customers. |
However, the value of streaming music services to artists has recently come under scrutiny after Taylor Swift pulled her entire music catalogue from Spotify. | However, the value of streaming music services to artists has recently come under scrutiny after Taylor Swift pulled her entire music catalogue from Spotify. |
Ms Swift said that the amount paid to her in royalties from Spotify undervalued her work. | Ms Swift said that the amount paid to her in royalties from Spotify undervalued her work. |
Spotify has rejected that claim. | Spotify has rejected that claim. |