Dr. Dre and Jimmy Iovine ordered to pay $25 million for Beats royalties

By

Jimmy Iovine, Tim Cook, Andre Young, and Eddie Cue. Photo: Apple
Dre and Jimmy can afford it.
Photo: Apple

Beats co-founders Jimmy Iovine and Dr. Dre have been ordered by a court to pay over $25 million to their former business partner Steven Lamar.

The legal battle between the two parties has been going on since 2014 when Iovine and Dre first sued Lamar for falsely advertising that he was a co-founder of Beats. Now a jury has ruled in favor of Lamar’s claim that he should receive more royalties from the company’s headphone sales.

No, Apple isn’t killing iTunes music sales

By

iTunes music sales still around
No matter what the rumors say, iTunes music sales aren't ending in slightly less than a year.
Photo: Apple

Apple flatly denies a persistent rumor that it’s going to end iTunes music sales on March 31, 2019. The basis for the rumor is vague statement from an Apple Music executive and a change in way most people listen to songs.

In the glory days of the iPod, Apple raked in millions selling individual tracks for 99 cents. Fast forward a decade to so, and streaming services are all the rage. This leaves people wondering how long Apple will keep selling music tracks.

Jimmy Iovine will step back from Apple Music this summer

By

Iovine
Jimmy Iovine’s days at Apple are numbered.
Photo: Apple

Jimmy Iovine will step back from his role at Apple and transition into a consultancy position this August, according to a new report.

Sources say he will “support” Apple executive Eddy Cue while spending more time with his family. It’s the second time we’ve heard that the Beats co-founder will leave Apple this year, but Iovine has previously labeled the claims “fake news.

Jimmy Iovine denies he’s on his way out of Apple

By

Iovine
Jimmy Iovine talking about Apple Music at WWDC 2015.
Photo: Apple

Jimmy Iovine has vehemently denied reports that he is leaving Apple later this year.

In an interview with Variety, the 64-year-old Iovine said that he is, “committed to doing whatever Eddy [Cue], Tim [Cook] and Apple need me to do, to help wherever and however I can, to take this all the way. I am in the band.” He described the recent report about his possible departure as “fake news.”

Jimmy Iovine might be leaving Apple

By

Beats Music's Jimmy Iovine, Tim Cook, Dr. Dre, and Eddy Cue at Apple HQ
Beats Music's Jimmy Iovine, Tim Cook, Dr. Dre, and Eddy Cue at Apple HQ

Music industry legend and Apple Music boss Jimmy Iovine is planning to leave Apple later this year.

According to reports, Iovine is set to leave Apple in August this year after joining the company in 2014 as part of Apple’s acquisition of Beats.

Spotify is finally making moves to go public

By

Spotify
Want some Spotify stock with your subscription?
Photo: Jim Merithew/Cult of Mac

Apple Music’s biggest competitor is about to become a publicly traded company.

In an effort to finally become profitable, Spotify has reportedly filed IPO documents confidentially with the SEC and the stock could be available to the public soon.

Music streaming is a horrible business, says Apple Music boss

By

Iovine
Jimmy Iovine’s days at Apple are numbered.
Photo: Apple

Spotify is in for a rough future, according to Apple’s Jimmy Iovine, who is warning the music industry not to place too much faith in the tech industry.

Iovine sat down for a new interview where he discussed the future of the music industry. According to the Apple Music boss, record labels are “100 percent” overly optimistic about where things are headed with technology.

Apple gives Drake blank check to make films

By

Drake talks Apple Music at WWDC.
Drake and Apple have been close for years.
Photo: Apple

Apple plans to use Toronto rapper Drake to dominate an all-new domain: original video.

In a new interview, Drake revealed that he has several video projects in the works with both Apple and Netflix that he plans to tackle over the next year while taking a break from music.

Apple Music streams will get more weight on Billboard charts in 2018

By

Music Browse iPhone 7
Apple Music is about to have a bigger impact on music charts.
Photo: Ste Smith/Cult of Mac

Billboard is making big changes to the way it measures the hottest songs in the country — and that’s great news for Apple Music.

Streams from paid subscription services like Apple Music and Amazon Music Unlimited will gain influence on the charts starting in 2018, according to Billboard, which revealed its changes today.