Tuesday, 19 June, 2018

Jimmy Iovine To Leave Apple In August

Jimmy Iovine and Dr. Dre Jimmy Iovine and Dr. Dre
Troy Mann | 11 January, 2018, 09:35

The last we really heard from Dre musically was back in 2015 when he did the soundtrack for the Compton movie, which featured all new original music from the West Coast hitmaker.

At the moment, Iovine thinks streaming has a way to go before meeting its mission.

Apple Music now has 30 million subscribers and is predicted to only increase thanks to even more exclusive content initiatives.

"I am nearly 65, have been with Apple for four years and in two and a half years the service has gotten to well over 30 million subscribers and Beats has continued its successful run".

"I am committed to doing whatever Eddy, Tim and Apple need me to do, to help wherever and however I can, to take this all the way", Iovine told the publication in an interview.

According to Iovine, he has no interest or intent on parting ways with Apple when August arrives.

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"I am in the band", Iovine said. Some have commented that leaving the company would be more of a financial reason as the last of Iovine's stock will vest in August.

Recent reports have suggested that Iovine would be leaving Apple in August 2018 after his contract ends. The bottom line is I'm loyal to the guys at Apple.

Although Iovine has been a huge success in shaping Apple Music, he did mention that he is reaching an age where he'll need to slow down. "It made it out to be all about money". Apple Music has nearly no exclusive content, and all the major streaming services are essentially the same.

The music executive also hinted that more original content could be coming to the music streaming service.

Since joining Apple four years ago, Iovine has helped turn Apple Music into a massive empire.

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