According to several reports, former Interscope CEO and Apple Music executive Jimmy Iovine will be leaving Apple Music in August. As you may recall Iovine and co-founder Dr. Dre sold Beats to Apple back in 2014 for a reported $3 billion. The timing of the departure falls in-line with when his Apple shares will be fully vested. At this point it is unclear who will be replacing Iovine upon his departure from the streaming service.
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