Beats Music raises up to $100 million of new funding

Beats Music raised a big round of new funding, according to multiple reports that put the total amount raised between $60 million and $100 million. The new raise comes after Beats secured a $60 million round of financing a year ago, once again proving the point that digital music is a really expensive business. Beats competitor Spotify, for instance, has raised  close t0 $540 million so far, and is now looking to go public to bring in more cash.

Beats Music app goes live in the iTunes app store

Updated. The iPhone app for Beats Music, the much-anticipated music subscription service that is spearheaded by Jimmy Iovine, went live in Apple’s iTunes app store  ahead of its official launch Tuesday morning. Beats will also be available on Android, but the app can’t be found on Google Play yet — and we just got words from Beats that the version on the app store (1.0.0) isn’t actually the final launch version, so installing may not get you very far. Beats has a big focus on mobile; new users that want to take advantage of the services 7-day free trial need to go through an onboarding process that is only available through its mobile apps. A sign-up page with links to the apps is also already available online. This post was updated at 9:12pm with more information on the iOS app.