Apple Closes Beats Music Streaming Service

Apple has closed Beats Music as of Monday.

The company announced in May 2014 that it acquired the streaming service and related headphone and audio software maker Beats Electronics for $3 billion and brought on Beats co-founders Dr. Dre and Jimmy Iovine as executives.

But the beat goes on with music at Apple. Beats Music subscribers have been prompted to switch their accounts to the six-month-old Apple Music streaming service and the homepage now includes a three-month free trial offer for Apple Music. Playlists and preferences from old Beats accounts will be imported into Apple Music.

The news follows the Nov. 16 bankruptcy filing from San Francisco based streaming service Rdio. Oakland's Pandora has announced that it will acquire Rdio's assets for $75 million.

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