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Co-anchor Gayle King tweeted that Iovine’s comments had been taken out of context.
With 75 million subscribers all getting just the basic service, Applae stands to make $600 million a year.
But even without Jimmy Iovine whispering sweet promises, it's not at all clear that Universal is happy with the offer.
“The proof is in the 800 million credit cards it already has on file — comparably, Spotify has 15 million subscriptions and 60 million...
The co-founder of Beats Jimmy Iovine just bought a Malibu mansion for $60 million. He can certainly afford it with the billion plus he...
Noel Lee, founder of audio cable maker Monster, is suing Dr Dre and Jimmy Iovine for keeping him out of the sweet Beats...
Beats co-founder and Apple employee Jimmy Iovine is having fresh talks with artists about doing exclusive albums, AppAdvice.com said. According to a report by the New York...
Jimmy Iovine, whose illustrious career in music has included working as a recording engineer with greats such as John Lennon and Bruce Springsteen, is...
– Well now it is official. Apple announced yesterday it has agreed to acquire both the critically acclaimed subscription streaming music service Beats...
– – Word is out from just about everyone – everyone except Apple that is – that the company is buying music and headphone...