Originally Posted by Lulz77:
“Thanks for replying. I'm thinking more about what would happen to an individuals purchases though. And not necessarily just for iTunes, but also for Amazon and Google Play, etc, where we've been buying digital items for years and I guess we'd just lose them?”
If they shut down over night and you were relying on their cloud players, then yes, you'd lose them.
If you already have local copies then no, they won't stop working, as music on all 3 is provided DRM-free now.
(I have been burnt in the early days, buying music with DRM from such music giants such as Virgin Digital; they close down, music no longer playable)
Of course, in practice, what's far more likely is that they would give customers a decent amount of notice to re-download their stuff before shutting up shop; particularly the 3 names you mention.