Pipe 39V Apple Acquires Beats Music for 3 Billion

Apple Acquires Beats Music for 3 Billion

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in mobile on (#39V)
After several rumors this month, Apple and Beats Music officially confirms a buyout of the streaming music service for 3 billion.
Despite rumors that Apple was only interested in Beats Music in an effort to boost a decline in iTunes numbers, the deal includes both the hardware and the streaming software sectors of Dr. Dre's business. And it's Apple's largest purchase ever.
For a monthly subscription of $9.99, users of the service can stream music from a library of over 20 million songs.

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2014-05-29 11:45
Apple Acquires Beats Music for 3 Billion
bryan@pipedot.org
After several rumors this month, Apple and Beats Music officially confirms a buyout of the streaming music service for 3 billion.
Despite rumors that Apple was only interested in Beats Music in an effort to boost a decline in iTunes numbers, the deal includes both the hardware and the streaming software sectors of Dr. Dre's business. And it's Apple's largest purchase ever.
For a monthly subscription of $9.99, users of the service can stream music from a library of over 20 million songs.
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