In a presentation at the Music Biz conference, the firm's Tatiana Cirisano said services like Spotify will lose "cultural capital" against competitors like TikTok.
The new tools leverage Apple-owned technology to inform users about upcoming shows in their area.
The performance debuts on May 10 on Apple Music and AppleTV+.
Overall, the tech giant beat analyst expectations for the quarter, delivering revenue of $94.8 billion.
The five-episode run will premiere next week ahead of the BTS member's debut solo album.
JPMorgan Chase analysts estimate a Spotify rate increase for U.S. individual plans would create incremental annual revenue of about $200 million.
Catering to classical music fans required building an entirely new product -- and reimagining how music streaming works.
The service will launch in late March with the world’s “largest classical music catalog” boasting over 5 million tracks.
Last December, Kx5 — Kaskade and deadmau5 — played an epic show at the Los Angeles Memorial Coliseum, the first electronic music show inside the venue since EDC was ousted from the city after 2010. (The Martinez Brothers played in the parking lot out front the previous month.) It is currently
The company ended 2022 with roughly 935 million paid subscriptions across services like Apple TV+ and Apple Music.
