By Katie Marsal

Published: 04:25 PM EST

A new report suggests that the next version of Apple's iTunes could carry support for Blu-ray discs, visual management and rearrangement capabilities for App Store software, and integration with social media Web sites.

Citing a "pretty reliable source," The Boy Genius Report revealed Saturday what could become new features in an anticipated upcoming new release of Apple's digital media software.

"One of the new additions to iTunes is said to include Blu-ray support which lines up nicely with a recent AppleInsider report about Apple integrating Blu-ray into their new iMac line-up," the report states. "Something else that will most likely make a bunch of people happy is that we’ve been told iTunes 9 will finally include the ability to visually organize and arrange your iPhone and iPod touch applications. Something that wasn’t so clearly described was some kind of Twitter/Facebook/Last.fm integration. Maybe broadcasting what song you’re playing to your friends?"

The rumors regarding Blu-ray corroborate with a report this week from AppleInsider. Sources cryptically suggested that two compelling new features would come with Apple's newest iMacs, leading some to speculate that official Blu-ray support from the company could be coming in the near future. One of those features is said to have long been on the wish-lists of many Mac users while the other is expected to cater to the semi-professional audio/video crowd.

The source for The Boy Genius Report reportedly didn't provide a time frame for the new iteration of iTunes, but one might assume that Apple could make an announcement at its annual iPod event in September.

If the Blu-ray rumors pan out, it would be a major turnaround for Apple. Less than a year ago, Chief Executive Steve Jobs went as far as to call the technology "a bag of hurt."