A music industry executive has said that Apple is creating 'magic money' for rightsholders with its iTunes Match service.
Sales of digital music in 2011 accounted for 50.3 percent of purchases, beating physical music sales for the first time.
The popular device doesn't enable parents to block access to pornography or adult content, or keep unattended kids from racking up charges.
Apple's leader gave a candid talk on a landmark day in the company's history -- its launch of the iTunes store.
Little is known about the service, such as whether Verizon would offer a Netflix-like subscription package or an a la carte menu such as Amazon Video On Demand or Apple's iTunes store.
Google Music and iTunes Match finally debuted this month. Here's how they stack up head to head and against Amazon's Cloud Drive music service.
iTunes Match has finally arrived...and it's got some flaws.