Apple announced that music fans have purchased and downloaded over five billion songs from the iTunes Store. iTunes is the one of the top music retailer in the US and features the largest music catalog with over eight million songs. Also, iTunes customers are now renting and purchasing over 50,000 movies every day, making iTunes the world's most popular online movie store. The iTunes Store is popular online music, TV and movie store with a catalog of over eight million songs, over 20,000 TV episodes and over 2,000 films including over 350 in stunning high definition video.
With Apple's ease of use, pioneering features such as iTunes Movie Rentals, integrated podcasting support, iMix playlist sharing, the ability to turn previously purchased tracks into complete albums at a reduced price, and seamless integration with iPod and iPhone, the iTunes Store is the best way for Mac and PC users to legally discover, purchase and download music and video online. Users can rent movies and watch them on their Macs or PCs, all current generation iPods, iPhone and on a widescreen TV with Apple TV. iTunes Store customers can also purchase new movie releases from major film studios and premier independent studios on the same day as their DVD release.
You can also download iTunes Plus songs for just 99¢. These songs feature higher-quality, 256-Kbps AAC encoding — twice the standard bit rate — and no DRM (digital rights management). With 1 million indie tracks just added, there are up to 2 million iTunes Plus songs to choose from and play on any iPod, other digital music players, and an unlimited number of computers. The iTunes Store makes it easy. Listen to a 30-second preview of any song on the iTunes Store before you buy. Download a new free single every week. Learn about new releases and exclusives by subscribing to the New Music Tuesdays email and podcast. Celebrity Playlist View celebrity playlists for a glimpse at your favorite stars’ taste in music. For more recommendations, turn on the MiniStore, which appears right in the main iTunes jukebox window and highlights music on the iTunes Store based on the song you’ve selected in iTunes.
iTunes features movies from all of the major movie studios including 20th Century Fox, The Walt Disney Studios, Warner Bros., Paramount, Universal Studios Home Entertainment, Sony Pictures Entertainment, Metro-Goldwyn-Mayer (MGM), Lionsgate and New Line Cinema. Based on data from market research firm the NPD Group's MusicWatch survey that captures consumer reported past week unit purchases and counts one CD representing 12 tracks, excluding wireless transactions. The iTunes Store became the largest music retailer in the US based on the amount of music sold during January and February 2008.