Apple is planning to release a music-streaming service this year that will go straight after Spotify.
Apple is working on a plan to integrate Beats Music's streaming service into iOS, iTunes, and Apple TV, according to 9to5Mac's Mark Gurman.
Apple bought Beats last May for $3 billion, its largest acquisition to date.
Here's what you need to know:Apple is rebranding Beats Music and will ditch its red-and-black color scheme Users will be able to keep their music in the cloud or on specific devices The service is rumored to cost $7.99 a month, less than competitors like Spotify Premium, which cost $9.99 per month Apple is developing an Android application that will incorporate Beats music streaming A source told 9to5Mac that "Beats integration is not going so well" The rebrand has reportedly taken longer than anticipated because of a lack of clarity from Apple execs
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SEE ALSO: It's Official: Apple Buying Beats For $3 Billion