Apple strikes a new chord in future of music

May 19 2014, 11:53 IST
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With digital music downloads in decline, record labels have put pressure on Apple to get its act together on streaming, according to two of the three sources. (AP) With digital music downloads in decline, record labels have put pressure on Apple to get its act together on streaming, according to two of the three sources. (AP)
SummaryApple, the makers of iPods and iPhones, is shortly expected to announce a $3.2 bn agreement to buy Beats Electronics.

vice president of digital at Interscope Records, who worked closely with Iovine and Apple's iTunes team. "If Apple can control the future of music distribution by buying Beats, they will retain control of the devices."

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