+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Apple Might Launch iTunes For Android Because Music Downloads Are Down

Mar 22, 2014, 02:30 IST

Apple

Apple is thinking about launching an iTunes app for Android, as well as an on-demand streaming service similar to Spotify, Billboard reports.

Advertisement

This is likely because downloads of music from iTunes are in decline as more and more people transitioning to streaming music services like Pandora, Spotify, Beats Music, and Rdio.

Thanks to those streaming services, the music industry was able to sustain revenues of $7 billion, nearly the same as it has been since 2009, the RIAA says. It's neither growing nor shrinking at this point.

Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

Digital downloads still brought in the most revenue to the music industry, but a 1% decline to $2.4 billion suggests that people are moving away from purchasing music and moving toward streaming services.

That's why it's no wonder Apple launched iTunes Radio, a streaming version of iTunes that competes directly with Pandora. Apple is reportedly working on a standalone app for iTunes Radio so that it can better target Pandora.

Advertisement

With an iTunes app for Android, Apple could even further compete with Pandora, and also potentially increase music downloads.

Next Article