On Tuesday, Apple partners Dr. Dre & Jimmy Iovine were spotted hanging out together at the practice of the Golden State Warriors when ESPN reporter Chris Haynes made a decision to ask Dre if Detox was ever going to come out, to which Dre responded that he's working on new music at the moment. The timing of his departure may correlate with Iovine's Apple share fully vesting.
The former CEO of Interscope joined Apple in 2014 after the sale. The streaming service now boasts more than 30 million subscribers, which in three years, is an impressive feat, especially seeing that it doesn't offer a free tier.
The company is working hard to beat out the competition and will definitely need Iovine's help to do it. This is all thanks to Iovine's leadership, which has moved the streaming music service into videos and original programming. The headphone maker was founded by Iovine and Dre in 2008. Well, guess how much original content streaming has: zero! Their time together was documented in HBO's special, The Defiant Ones.
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The longtime music producer took issue with the fact that the speculation framed his motivations as purely financial, whereas Iovine says he wants to help the music industry continue its ongoing transition to streaming models. "I love Apple, and I really love musicians". "Goldman Sachs may think it's solved, but I don't".
TMZ reports that Dr. Dre and Jimmy Iovine were at a Golden State Warriors practice session yesterday when ESPN's Chris Haynes asked Dre if his long-delayed album Detox was dead. He preferred not to be a public image of the company, so he used to stay away from the majority of interviews related to Apple.
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