Apple today officially welcomed Beats Music and Beats Electronics to its family, along with Beats co-founders Jimmy Iovine and Dr. Dre, following its $3 billion takeover back in May.
“Music has always held a special place in our hearts, and we’re thrilled to join forces with a group of people who love it as much as we do,” reads an announcement on Apple.com, while those buying products from the Beats website will now be routed through the Apple Store.
Apple’s recently acquired music streaming service, Beats Music, just received its biggest update since getting scooped up by Apple at the end of May, adding new features that let you fine tune your musical tastes on the service and view songs that were just served up in The Sentence.
The European Commission today gave its approval to Apple’s $3 billion takeover of Beats Electronics and Beats Music. The regulator concluded that the two companies are not close competitors, and that the headphones they sell are “markedly different in function and design.”
Jimmy Iovine and Dr. Dre just made billions off Apple’s acquisition of Beats Electronics, but the company is ready to squeeze out a few billion more from a ring of Chinese knockoffs.
Legal filings from Beats claim that cheap counterfeit headphones are screwing the company out of billions of profits by using the company’s popular “b” logo to rake in an ungodly $135 billion in sales. Now the doctor wants his cut.
The entire country is busy watching America’s rebels take on the Belgium Red Devils at World Cup, but while everyone else is focused on the football pitch, Google is busy readying its plans to take on Beats Music with a music service acquisition of its own.
Songza, a music streaming service that specializes in finding the right music to fit your mood – kind of like Beats’ Sentence feature – announced that is has been scooped up by the folks at Google.
From telling Tim Cook not to be dumb, to proclaiming himself the next Steve Jobs, Kanye West can always be trusted to chime in with a nuanced take on Apple business. Now the newly-married creative genius has offered his two cents on the reason behind Apple’s still-unexplained $3 billion acquisition of Beats Music.
Speaking at the Cannes Lions festival, West says that last year’s collaboration between Jay Z and Samsung — in which 1 million Galaxy owners were able to pick up free copies of the rapper’s Magna Carta Holy Grail album — pushed Apple to acqui-hire Beats cofounders Jimmy Iovine and Dr. Dre. Claiming that Apple has lost touch with its culture since Jobs’ death in 2011, West thinks that the Beats deal allowed Apple to buy back some of the cultural relevance it has lost.
The album is dead. So dead Amazon thinks customers won’t even care if all the songs in its new music-streaming service have been spun out of tune by DJs across the country for months.
To boost its digital offerings, Amazon is planning to launch its own music service, reports BuzzFeed, but rather than stocking up on the latest hit songs, Prime Music will shun new releases in favor of a potluck offering of songs and albums that are at least six months old.
Now that Apple’s acquisition of Beats has finally been made official, Eddy Cue and Jimmy Iovine took the stage at the the inaugural Code Conference tonight to give a peak behind the scenes of deal, as well as glimpse at what’s to come in 2014 – including the best product pipeline the company has seen in 25 years.
The interview comes as Apple is preparing for its annual developer’s conference in San Francisco next week where it’s expected to announce new versions of iOS and OS X, and while will have to wait to see if any hardware will come out as well, Eddy Cue is already hard at work hyping Apple’s upcoming products.
Kara Swisher and Walt Mossberg led the conversation with Eddy Cue starting things off by parroting Tim Cook’s statements that Apple acquired Beats for three reasons: Talent, Headphones, and a Music Subscription Service, before revealing these eight new tidbits on the deal as well as the future of Apple:
Three weeks of speculation and rumors have led to this. Apple is finally buying Beats for $3 billion.
News of the deal broke weeks ago but the tech world is still scratching its head, wondering why Apple decided to buy a company that peddles overpriced plastic headphones and is co-anchored by one of hip-hop’s most notorious MCs.
Forgetting the fact the fact that Beats has captured 60% of its market, makes over $1 billion in sales and has one of the fastest growing music subscription service in the U.S., the acquisition is the most perplexing Apple purchase since NeXT, but now that Tim Cook has broken the silence on why Apple bought Beats we finally answers you wanted to know but were afraid to ask.
Beats Music is now officially being bought by Apple, and to celebrate, the streaming-music service is extending its free trial and lowering the cost of a yearly subscription by $20.
Beats Electronics’ co-founders are preparing to dive headfirst into a pool of cool Apple cash but before Jimmy Iovine and Dr. Dre collect their check from Cupertino, a former employee is already preparing to sue Beats for upwards of $20 million.
David Hyman, co-founder of the music subscription service MOG, has filed a lawsuit against Beats claiming he was hired and then deliberately fired before he could cash in on the equity grant he was promised.
Beats Music is in an interesting spot as a new service, mainly because we don’t know when (or if) it will be swallowed by Apple.
After it was revealed last week that Apple plans to buy Beats for billions, the company’s fledgling music subscription service has received a new level of attention. But that doesn’t mean its growth has been healthy.
According to a leaked royalties report, Beats Music only had around 111,000 subscribers as of last month.
Those are incredibly low numbers for a startup with a lot of funding, aggressive advertising, and a juicy promotion in place with AT&T. But to Apple, stagnant growth isn’t an issue. It’s about what Beats Music can do for iTunes.
At the giant Consumer Electronics Show earlier this year, the exhibit halls were packed with wireless audio products. It’s all thanks to the mobile revolution. These are the listening devices of the future.
But future speakers and headphones will be quite different, predicted Matthew Paprocki, co-founder of Soundfreaq, a Southern California company that makes a range of critically acclaimed speakers.
Paprocki’s predictions may have implications for Beats, which Apple is rumored to be buying for $3.2 billion. Beats, of course, makes headphones and has a subscription based music streaming service, but Apple’s plans are unclear.
“They could take all the ingredients that Beats has and bake it into a new cake,” Paprocki said.
If the rumors are true, Apple’s forthcoming purchase of Beats Electronics for $3.2 billion is all about one thing — making wearable technology fashionable.
Apple is poised to introduce a line of wearables that likely goes beyond the long-rumored iWatch. While the technology Tim Cook’s team is cooking up might be amazing, getting people to wear it — especially cracking the crucial mass market — will be one of the biggest challenges Cupertino has ever faced.
Injecting style into wearable tech notoriously difficult. Even Nike got flustered and discontinued its FuelBand fitness tracker. So far, no company has really cracked the code and turned gear into a fashion statement for the cool kids, with one giant exception: Beats, a phenomenally successful wearable technology brand that dwarfs the rest of the industry because it’s pulled off the hardest trick in the book.
Beats Electronics boss and music industry veteran Jimmy Iovine is in talks to join Apple as a “special adviser” to Tim Cook on creative matters, according to sources.
Along with his role as co-creator of Beats with business partner Dr. Dre, Iovine is also chairman of Universal Music Group’s Interscope, Geffen and A&M labels, which is home to artists including Lady Gaga and Eminem.
Streaming media services that want to sell subscriptions to users of their apps on the iPhone or iPad have to make a deal with the proverbial devil: if they want to sign up customers on an iOS device, they have to give Apple a 30% cut of the sale.
For music subscription services like Rdio and Spotify, where the margins are razor thin, giving up that 30% cut is enough to turn a subscription from a profit to a break-even proposition. So when a company goes this route, it’s easy to assume they are hurting.
By this logic, Beats Music — the new subscription music service launched in January — is hurting.
With popular music streaming apps like Spotify and Pandora already popular and on devices all over the world, any newcomers are faced with an immediate challenge. The makers behind the popular headphones and speakers Beats By Dre are taking their crack at the genre, with their new app and service Beats Music.
Take a look at the new Beats Music app and see how it compares to the competitors.
This is a Cult Of Mac video review of the iOS application “Beats Music” brought to you by Joshua Smith of “TechBytes W/Jsmith.”
Beats Music launched yesterday as a Spotify/Rdio alternative, and the new music service is already having scaling issues.
Due to an “extremely high volume of interest,” Beats Music has stopped adding new users until it can support the unexpected demand. The app is currently sitting in the number one position in the free chart of the App Store’s Music category.
Joining the likes of iTunes Radio, Pandora, Spotify, and Rdio, Beats Music — the music subscription service spearheaded by Jimmy Iovine — launches today, 21 January.
Combining human curation from “the best music experts” to algorithm-based automated recommendations, Beats Music will offer access to over 20 million songs via unlimited, ad-free streaming for $9.99 a month on all the usual platforms — including iOS and Mac.
Between iTunes Radio, Pandora, Spotify, and Rdio, do you feel as if you don’t have enough options for streaming music? Well, good news: Beats Music — the new streaming service previously known as “Project Daisy” by the most overrated headphone manufacturer out there — will reportedly launch on January 21st.
