“Beats Electronics boss and veteran music industry executive Jimmy Iovine is in talks to join Apple as a ‘special adviser’ to Tim Cook on creative matters, two sources close to talks tell The Post,” Claire Atkinson reports for The New York Post.
“Iovine, who is the co-creator of Beats with partner Dr. Dre, is also chairman of Universal Music Group’s Interscope, Geffen and A&M labels, home to Lady Gaga and Eminem, among others,” Atkinson reports. “Apple is in talks to acquire Beats — which produces headphones and houses a streaming music service — for $3.2 billion, The Post confirmed.”
Atkinson reports, “Iovine’s contract with UMG runs until the end of 2014.”
Read more in the full article here.
MacDailyNews Note: Among many others, Iovine produced, engineered, and/or mixed music for Stevie Nicks, Bruce Springsteen, Bobby Short, Meat Loaf, Golden Earring, Tom Petty, Graham Parker, Dire Straits, Bob Seger & the Silver Bullet Band, U2, Rod Stewart, Joan Jett & the Blackhearts, Simple Minds, John Lennon, Pretenders, Danny Elfman, Patti Smith, Eurythmics, Tracy Chapman, B.B. King, Whitney Houston, Tom Jones, Enrique Iglesias, Gwen Stefani, Rosanne Cash, The Pussycat Dolls, and Heart.
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