Apple allegedly has an aggressive plan to "terminate" music downloads from iTunes within two years, reports Digital Music News citing sources with "close and active business relationships" with Apple.

Update: Apple announced the $3 billion deal on May 28th. Why would Apple buy Beats when it could just evolve iTunes into a streaming music service? Well, it wants the talent of Jimmy Iovine and Dr.

While the move has been rumored for years, it looks like Apple may finally stop offering music downloads in its iTunes Store at some point in the very near future. Apple Music executive Jimmy Iovine ...

Apple and the movie studios are a long way off from a deal that would allow you to stream or redownload your iTunes movie purchases to any PC or iOS device, according to the latest rumors. The buzz ...

Apple Computer has nearly doubled sales of digital music through its iTunes music store since launching a Windows-compatible version of its iTunes software in October, the company said. Cupertino, ...

September 8, 2003: Apple reveals that the iTunes Music Store recently sold its 10 millionth song download. The tune in question? Avril Lavigne’s “Complicated.” Come to think of it, “You fall and you ...

UPDATE—May 12, 2016: Apple denied this rumor in a statement to Re/code’s Peter Kafka: “ Not true.” The original rumor is below. Annual iTunes song downloads are projected to hit almost $600 million in ...

There’s an intriguing rumor ahead of today’s Apple keynote at Macworld: The company has successfully negotiated with the major record labels to drop DRM copy protection from all tracks in iTunes. And, ...

Google and Facebook have helped fuel the viral redistribution of another false report that Apple was planning to kill off all music downloads in iTunes next year in order to force users into an Apple ...

Apple issued a rare statement on Wednesday debunking rumors that claimed the company has plans to discontinue iTunes music downloads sometime in the next four years, ostensibly in favor of an ...

Music downloads at Apple's iTunes stores dropped 13% as more consumers move towards streaming services. Is Beats a silver lining? Dan Gallagher discusses. Photo: Getty The growing availability of ...