Dr DreApple is in talks with music companies in an attempt to get prices for music streaming reduced, and they have plans to cut the cost of their Beats Music subscription service in half to $5 a month.

According to a recent report from the Wall Street Journal, Apple intends to integrate Beats Music into iTunes, this will apparently happen next year.

There is a probability of Apple doing away with the Beats Music brand and instead using their iTunes brand for their new music streaming service.

There is no information yet on how exactly Beats Music will be integrated into iTunes.

The current price of a subscription to Beats Music is $10 a month, Apple are looking to reduce this to $5 a month, and if they manage to talk the record companies into lower prices, then we could see the price of other music streaming services fall as well.

Via Geeky Gadgets