Apple is reportedly planning to say goodbye to its iTunes software, which was launched at the 2001 Macworld Expo in San Francisco by Steve Jobs, pointing to a “music revolution” that was underway. A Bloomberg report says that iTunes on the Mac will be replaced with standalone versions of the Music, TV, and Podcasts apps. 
So far, the iTunes had become for many users a bloated shadow of its former self, with so many bells and whistles crammed into the app that many users have just ignored it altogether for years, because of which the company has decided to shut down iTunes, ending the download era.

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One should know that iTunes has been the way Apple users listen to music, watch movies and TV shows, hear podcasts, and manage their devices for almost two decades. But this year, Apple is finally ready to move into a new era by launching Music, TV, and Podcasts new apps for the Mac to replace iTunes.

The report says that the new Music is expected to take over the syncing functions as well as the Apple device management that users previously relied on iTunes for. 
According to the Bloomberg report, iTunes will be retired with the next major version of macOS. 

As per the reports Apple is expected to introduce new versions of its OS for iPhones and iPads, Macs, Apple Watch and Apple TV on Monday during the opening keynote for WWDC 2019. 

Reportedly, the iTunes’ demise hasn’t been made public, but music fans will be able to access all its offerings, which includes download purchases, through the Apple Music app.