Jimmy Iovine reportedly denies he's leaving Apple

Jimmy Iovine and Dr. Dre

Under Iovine, Apple Music has grown to 30 million paid users, putting its popularity at a little under half of Spotify's 70 million monthly paid subscribers, a milestone the Swedish-based music streaming service announced earlier today. "I am 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".

Last week, a report emerged claiming that Apple Music's Jimmy Iovine was planning to depart the company come August.

In a new interview Iovine clearly stated that "We need Donald Trump here to call it 'fake news' because the vast majority of his company stock vested a long time ago, so even the reasoning behind the Billboard story was wrong".

The former Interscope CEO joined Apple in 2014 after selling Beats, the the music service and electronics business that he and Dr. Dre co-founded, to the tech giant for $3 billion.

Iovine has been a colourful figurehead for Apple Music and a dynamic presence within the company, although it's also true that Apple has built a talent roster that looks able to thrive and prosper when he does eventually leave. "It made it out to be all about money", Iovine said, according to Variety.

IRS needs more money to implement the new tax law
Democrats this week also expressed concern that the new IRS withholding guidelines could be subject to political interference. Remember, by choosing an unscrupulous tax service you risk losing money and your personal information.

Overwatch League update adds a ton of new skins and changes
An ESPN report cited a source as saying Overwatch had signed with another Chinese broadcaster , though the partner was not specified.

Manchester United hit back at Sevilla as ticket row continues
Ultimately Sevilla have not agreed to significantly lower the price to what we view as a reasonable level. We are delighted United have fought our corner on this issue".

Dre replied: "I'm working on a couple songs right now".

Execs have yet to confirm Jimmy Iovine is leaving Apple Music, but it seems like a foregone conclusion. That's why those articles annoyed me, because it had nothing to do with reality.

Some of his best work was behind the scenes, he made other people great and I think that's the thing that made him so special.
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 last we really heard from Dre musically was back in 2015 when he did the soundtrack for the Compton movie, which featured all new original music from the West Coast hitmaker.

Iovine spoke about the possible financial reasoning and said that he was not pleased that the media focused on this aspect of the rumor.

Iovine's departure, timed to the end of an employment contract, has been widely discussed throughout the music industry for many months.

Related News:

  • Anthony Weiner and Huma Abedin have called off their divorce

    Anthony Weiner and Huma Abedin have called off their divorce

    But in August 2016, the New York Post posted photos and screenshots of communications between Weiner and another woman in 2015. The couple could re-file their divorce as "uncontested", meaning they would not have to appear in court .
    Vivo shows first smartphone with in-display fingerprint scanner at CES

    Vivo shows first smartphone with in-display fingerprint scanner at CES

    When fingerprint recognition is not required, the UI will be invisible and will not disrupt the overall visual experience. Since this device has a new technology, it's frustrating to know that users have to experience a slight lag.
    Team-mate of Liverpool-bound Keita reveals midfielder's best qualities

    Team-mate of Liverpool-bound Keita reveals midfielder's best qualities

    It's normal, he must have his head somewhere else. "This is the kind of deal that is so hard to understand". They've got the money but everybody knows that so I'm not sure they're in a rush to bring in anybody.
  • DISH to provide voice-based TV control with Google Assistant

    DISH to provide voice-based TV control with Google Assistant

    The feature is arriving on the company's Hopper, Joey and Wally devices at some unspecified time in the first half of this year. It just looks like a generic rectangular speaker with an awkwardly inserted 8-inch display in the middle.
    Kamala Mills: Hotelier held for sheltering 1 Above pub owners

    Kamala Mills: Hotelier held for sheltering 1 Above pub owners

    The trio have been booked for culpable homicide not amounting to murder and other offences under the IPC. The Sanghvi brothers and Mankar have been missing since December 29, the morning after the deadly blaze.
    Iheanacho needs to improve, says Leicester coach

    Iheanacho needs to improve, says Leicester coach

    In a chat with Daily Trust yesterday, the member of the NFF technical committee said he completely agrees with the coach because World Cup is not a tea party and so only players who are playing regular football should be considered.
  • Total War: Three Kingdoms announced for Autumn 2018

    Total War: Three Kingdoms announced for Autumn 2018

    The historical strategy game will be soaring back to 190CE to a time where China is in turmoil. The brutal and oppressive regime's power grows as the empire slips further into anarchy.
    Call of Duty WWII Zombies continues with The Darkest Shore

    Call of Duty WWII Zombies continues with The Darkest Shore

    Blanketed in fog, this island is surrounded by Nazi air and sea power - and crawling with the Undead. Intel received by the heroes indicates that Doktor Straub is hiding on an island north of Germany.
    Iran has foiled plot to use protests to overthrow system, says leader

    Iran has foiled plot to use protests to overthrow system, says leader

    Some demonstrators have called for the overthrow of Khamenei and the powerful conservative clerics who maintain Islamic rule. The United States has rejected Tehran's claims that Washington or US intelligence agencies have been behind the protests .
  • Alabama WR Calvin Ridley to enter National Football League  draft

    Alabama WR Calvin Ridley to enter National Football League draft

    Scarbrough has dealt with a number of injuries during his career, which has seen him rush for 1,512 yards in three seasons. He had more than 100 yards receiving in one other game this year, posting 103 in a victory against Mercer on November 18.
    Celine Dion Continuing to Cancel Shows Due to Throat Infection

    Celine Dion Continuing to Cancel Shows Due to Throat Infection

    You know what?" The woman then proceeded to lift up her leg and rub up against Dion, as well as snarl against security and sing. Social media was also abuzz this week over Dion's grace under fire as she spoke with a drunk fan on stage at her show .

    Stifel Financial Corp Has $4.10 Million Position in Marathon Oil Co. (MRO)

    A month ago, they told us to expect earnings of US$0.7 per share while three months ago their EPS consensus estimate was US$0.5. It dropped, as 52 investors sold MPC shares while 292 reduced holdings. 85 funds opened positions while 227 raised stakes.

Most liked

Could it be? Kylie Jenner may reveal her pregnancy this weekend
The new promo for next week's Keeping Up With the Kardashians is teasing an episode "full of Kardashian surprises". Buuuuuut will Kris Jenner, the ultimate momager, be willing to give up this kash kow?We guess only time will tell.

Trump calls interview with special counsel 'unlikely'
The special counsel's team of investigators has expressed interest in speaking with Trump, but no details have been worked out. Mueller indicted former Trump campaign chairman Paul Manafort and another campaign aide, Rick Gates, in October.

New York Mayor sues five largest oil companies over global warning
The city is moving to dump its investments in fossil fuels, and suing five big oil companies charging they are responsible for global warming that has cost the city billions.

Winter Weather Advisory Wednesday Night & Thursday
Whiteouts are possible across southwestern Minnesota where wind gusts will be the strongest, the National Weather Service said. Again, there is still uncertainty regarding where the swaths of snow and ice will be located, and how much will occur.

When people sleep more they also eat less sugar and carbs
The study involved a group of 42 participants who reported usually getting less than seven hours of sleep per night. Those who stay in bed longer were found to consume 2½ fewer teaspoons of sugar per day - around 40 calories.

Magnitude 7.6 earthquake triggers tsunami fears in Caribbean
The northern coast of Honduras closest to the quake's epicenter is sparsely populated, with much of it covered by nature reserves. Puerto Rico authorities monitoring coastlines of 46 municipalities on the United States territory.

Missing Penn student's body found in California park; murder probe launched
Reports of Bernstein's death comes after days of expansive search and rescue missions in the area where he was last spotted. Blaze Bernstein's body was found on Tuesday in Borrego Park, the same place where he was reported missing.

Vermont Senate Passes Marijuana Legalization Bill, Which Now Heads To Gov. Scott
Vermont could become the ninth state to legalize recreational cannabis soon, and the first to do so via the legislature. Scott previously created a group tasked with weighing whether or not Vermont should join their ranks.

Delhi: Research scholar goes missing from Jawaharlal Nehru University campus
CCTV footage showed that Jain had walked out of the east gate and probably boarded a vehicle. The police are probing the matter, based on the missing complaint.

CBSE announces dates for class 10 and 12 board examinations
For commerce stream the first major paper will be business studies on March 9 followed by accountancy on March 15. According to the instructions on the internet the CBSE would announce the date in January 2018.

Pakistan reporter Taha Siddiqui flees armed abductors
Umar Cheema , an investigative journalist and vocal critic of government practice, was picked up by intelligence agencies in 2010. Siddiqui has been vocal against the attacks on Pakistani journalists and "forced disappearances" in the troubled country.

OJ Simpson Suggests He Is Not Khloe Kardashian's Father
Nice and terrific and still today I think they are nice and terrific except they have kind of added sex appeal to their resume. Felix also said that OJ confided in him that he did not sleep with Kris, saying 'I would never do that to my friend Bob'.

Flying Philander leads Proteas to first test victory over India
Pandya's blazing innings was studded with 14 fours and a six but fell short of what could have been his second hundred. The seam bowlers had shown Philander the way and from 30 without loss, India had fallen to 82 for seven by tea.

Telsey Advisory Group Raises Target (NYSE:TGT) Price Target to $65.00
Jpmorgan Chase And Co reported 3.02 million shares or 0.01% of all its holdings. (NYSE:TGT) opened at $69.14 on Wednesday. The institutional investor owned 53,584 shares of the retailer's stock after selling 1,372 shares during the period.

Harvey Weinstein Video Shows Restaurant Attack
He reportedly told his friend to record on his phone and attempted to punch Weinstein in the face twice. The manager of Elements told TMZ that Weinstein shook hands with Steve , who then returned to his table.