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|Techcrunch is reporting that Apple plans to shut down Beats Music.|
Many engineers from Beats Music have already been moved off the product and onto other projects at Apple, including iTunes. It’s not clear when exactly Jimmy Iovine and Dr Dre’s music service will be shut down or what Apple will do with streaming, but every source with knowledge of the situation that we talked to agreed Apple plans to sunset the Beats Music brand.
Update: Some more reporting from Re/Code calls into question the Techcrunch story.
Tom Neumayr says the TechCrunch story is “not true”, but wouldn’t elaborate. I can elaborate a bit more, based on conversations with people familiar with Apple’s thinking:...
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