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Apple To Do A Major Overhaul To iTunes, The Most Significant Since Inception

Apple is expected to bring about some major changes to its iTunes store, says Bloomberg according to news received from their sources.

The changes are expected to improve the integration between iTunes and Apple’s iCloud file sharing services, allowing for a greater flexibility and ease of use while in managing content (music, videos and applications) on all Apple device. The revamp will also bring new file sharing features to iTunes, such as allowing users share music files with their friends.

“With an increasing amount of content available on the store, the overhaul is intended to improve how people manage all their files, one person said. That includes changes to how users find new material and how they access what they already own on different Apple devices, said one person. “

“One of the main ways Apple will attempt to improve discovery is by making it easier for people to share songs, a popular feature of Spotify Ltd.’s music-subscription service. Apple has been negotiating with major record labels for rights that would let a user listen to a song sent to them from a friend for free, one person said. “ , reads the Bloomberg report.

Major music labels have been urging Apple to start a Spotify-like music subscription service.

Social-Sharing features seems to be on Apple’s agenda this year with the upcoming iOS displaying Facebook and Twitter integration.

The past few weeks have seen Apple make changes such as, giving the Podcast feature within iTunes, its own separate application. Apple has also been expanding its iTunes service to many new areas in Asia.

Apple iTunes, which began in 2003 as a an online music store shares has played a major role in Apple’s commercial success. iTunes is a treasure trove for both consumers and Apple with 28 million songs, 45,000 movies, and 650,000 apps for consumers and generating $1.9 billion in revenue last quarter. There are no signs of slowing down.

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