Chances are that by now, you have already heard about the fact that Apple is interested in buying Beats Electronics for $3.2 billion. Now, according to a report on Billboard.com, the two co-founders, Dr.Dre and Jimmy Iovine could be named Apple executives during the WWDC event which will take place in June. Yinka Adegoke from the publication has more details on this:
While itâ€™s not exactly sure what will Dr. Dreâ€™s position be at Apple, there are big chances that Jimmy Iovine could be heading up all music-related strategy at the company. He could be responsible for handling relationships with record labels and music producers, and he has a big experience here, as besides co-founding Beats Electronics, he also co-founded Interscope Records. Also, being the main person behind the digital music subscription service Beats Music has garnered a lot of experience with labels and publishers.
Dr.Dre and Iovine, if they will be named Apple execs, they will have a lot of work to do, as the pay-per-track model with which Apple revolutionized the music business, is no longer preferred by users. More and more consumers are choosing these days subscription services like Spotify and others.