jimmy iovine

Apple to reportedly cease iTunes music downloads in March 2019

[Photo by: Apple] It looks like Apple has finally put an end date on iTunes Store music downloads. While the move has been rumored for years, sources are now saying a reported phase-out of iTunes downloads is expected on March 31, 2019. Read more: Apple to stop taking new LP submissions As previously reported, Apple […]

Apple to reportedly shut down iTunes music downloads

[Photo by: Apple] While the move has been rumored for years, it looks like Apple may finally stop offering music downloads in its iTunes Store at some point in the very near future. Apple Music executive Jimmy Iovine has seemingly confirmed the coming “phase out” of downloads in a new interview with the BBC. Read […]

Apple Music head says streaming services aren't "making any money"

Pretty much everyone knows that musicians get cents on the dollar—if they're lucky—when their songs are streamed on music services. But did you know that even the streaming services themselves aren't making any money? Yup, apparently that's the word, according to Apple Music head Jimmy Iovine. Read more: Spotify eerily knows what music you liked […]

Record label bosses try to buy an NBA team

Global music revenues fell by 4% this year, but that didn’t stop record label bosses David Geffen and Jimmy Iovine (who probably just made a boatload of money off the Apple/Beats deal) from reportedly bidding to purchase the Los Angeles Clippers this past week. The music mogul duo were part of an investor group that […]