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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.
Bummer. Monster is an even more upstanding company. It is too bad they got screwed over.
The Defiant Ones documentary series of Dre and Iovine is worth a watch.
+0 Meh
You're kvetching about fidelity, and then wanting to do it over bluetooth.
Are those things even compatible? Doesn't bluetooth do compression and other things which are pretty much at odds with the notion of fidelity.
As someone who was working there at the time (technical side), that story is bunk. Iovine and Dre contracted with Monster to design, manufacture, and distribute Beats for a set amount of time. Iovine and Dre would handle marketing and sales. When the contract time expired - Jimmy and Dre moved design, manufacture and distribution from Monster and continued on. It definitely was NOT the quality of the product that set Beats apart but the marketing and image-building/branding that made it work. And yes, the audio quality sucked - but it sold billions and so from that standpoint it was an absolute success. Beats wasn't about audio quality, it was about a lifestyle and image. That was Jimmy and Dre - not Noel and Kevin.
Browsing at +1 - no ACs, I ignore their posts. So refreshing!