Report: Jimmy Iovine Leaving Music Of Apple In August
The 64-year-old has been with Apple for almost four years.
Jimmy Iovine will leave Music of Apple in August, according to multiple online reports.
While his alleged departure has not yet been confirmed by himself or by someone at Apple, sources tell Bloomberg that the Interscope co-founder of the exit is measured the time with him, receiving his final paycheck from the times of the Entertainment business.
Iovine and Dr. Dre, his business partner, which partnered with Apple after the tech giant purchased a pair of Beats Electronics and Beats Music brand for $3 billion in 2014.
Since then, Iovine has helped lead Apple, the Music, the company's subscription-based streaming service that Apple reports that it has over 30 million paying subscribers around the world.
@stevejobs.official @apple thanks to a great man and innovative #stevejobs #apple #iphone @iphone
A post shared by Jimmy Iovine (@jimmyiovinemusic) on Jul 18, 2017, at 10:00 am PDT
When asked in a September interview with Billboard, he wants to do after Apple Music, Iovine replied, "I am a 64 years of age. I have no idea. There is only one problem that needs some kind of a solution, and I want to contribute to it. Goldman Sachs may think that is solved, but I don't. We're not even close."
In the same interview, he shot down the idea of never returning to the record industry.
"Not a chance. I can help from here. I can't help from there," he explained. "We're going to make the music more exciting and interesting. We're going to try to do everything we can to create content around it, and make delivering just as thrilling as possible."
Or Iovine, or Apple, yet to publicly comment on the reports.