June 29, 2015:iTunes Match storage limit increased to 100,000 songs

Tomorrow Apple makes it jump into subscription streaming with Apple Music, but iTunes downloads remain a significant part of its business and, more importantly, the record industry’s business. In our Music Ally Report last week, we estimated that iTunes generated $2.5bn for labels last year – equal to 15% of the total recorded music business globally. Downloads might be declining in major territories, but this is still a huge market.

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