Jimmy Iovine To Leave Apple Music in August: Report (billboard.com)
An anonymous reader shares a report: Look for Jimmy Iovine to leave Apple Music in August. The former Interscope CEO joined Apple in 2014 after selling Beats, the the music service and electronics business that he and Dr. Dre co-founded, to the tech giant for $3 billion. It is believed his departure is timed to his Apple shares fully vesting, sources tell Billboard. Iovine's ties to Apple go back to 2003 when he first met Apple founder Steve Jobs and exec Eddy Cue, and was a key proponent of Apple's iTunes and iPod. Apple Music, Apple's subscription streaming service, has expanded to more than 30 million paying subscribers since its June 2015 launch. That success is, in part, due to Iovine's focus on content, including developing original programming.
It is hard to believe that the founder of Beats did it all for the money.
And he's done resting.
The "30 million paying subscribers" isn't very useful without some context. For comparison, Spotify reports 70 million paying subscribers and 140 million active users.
Is he the asshole to blame for this incessant nagging by Apple to sign me up for Apple Music and the attempts to do it for me whether I want it or not?
In which case .. good riddance mother fucker.
No, you may not take my music collection, upload it to the cloud, delete my fucking copy of my fucking music, and then fucking charge me for the privilege of streaming music I ripped from my own goddamned fucking CDs.
Apple Music is one of the most obnoxious implementations of an internet service I've ever seen. Seriously, just accept that I don't want it and fuck the hell off.
Before he became an overpriced headphone salesman he was a good producer of music going back decades.
It is completely standard for the CEO of an acquired company to stick around for a couple of years to shepherd the merger process until his role is obsolete and then bail with the money. Really, the only notable thing here is that he didn't leave sooner. Kind of suggests that the acquisition might not have been as smooth as expected.
Apple Music is a cash grab, true, but it's not true that it produces nothing. There are a lot of artists that support it's twitter-like "Connect" feature with content - now weather anyone USES that stuff, that I could not say...
There was a while ago something did where Apple would interview artists and you would get this bundle of interview segments along with the song it was talking about. That was actually really great, but I think that was probably pre Apple Music... but it's another example of where Apple is doing more than simply streaming music from labels.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
i dont know about you but ima be watching jimmy iovine real hard come august
like im really going to be watching his career moves with great interest
so what if i didnt know or care about him until just this second
eyes on you jimmy iovine
Pretty much think Jimmy got the better of the deal. Beats is not that great other then way huge margins on products which is why Apple bought Beats. Personally would give you $10 for a Beats product. Is Apple Music really benefiting? Spotify seems to be killing it with paid subs these days. Apple given their shear amount of money they could throw at streaming why then are they not doing better? Because Apple makes more selling music then renting it.
Time to switch to next over hyped brand (quality vs price)? We are past bosse, beats; who is next?
The former Interscope CEO joined Apple in 2014 after selling Beats, *the the* music service and electronics business
This article is supposed to be about Jimmy Iovine. Why is the summary referencing that music group?
"Stuff that matters."