Pitching customers a new, all-inclusive service for buying and installing hair, Mayvenn is looking to significantly expand its haircare business and just raised $23 million in a new round of funding to do it. The new financing was led by Essence Ventures — and it represents the first outside investment by the holding company owned […]
View More With a new deal for customers and a fresh $23 million, Mayvenn extends its hair care businessCategory: jimmy iovine
Jury rules Dr. Dre and Jimmy Iovine owe $25M to early Beats collaborator
A Los Angeles jury has ruled that Dr. Dre and Jimmy Iovine, the founders of Apple-owned Beats Electronic, owe $25.25 million in royalties to an early collaborator who helped create the first model of Beats Studio headphones. Founded in 2008, Beats was acquired by Apple in 2014. The plaintiff, Steven Lamar, claims that he first […]
View More Jury rules Dr. Dre and Jimmy Iovine owe $25M to early Beats collaboratorJimmy Iovine said to be transitioning to consulting role at Apple
Back in January, reports surfaced that Jimmy Iovine was planning to exit Apple later this year — four years after selling Beats to the company. The music exec issued a semi-denial at the time, stating that he was committed to his bosses and still “in the band.” The latest update to Iovine’s reported on-again-off-again relationship […]
View More Jimmy Iovine said to be transitioning to consulting role at AppleApple Music chief Jimmy Iovine is stepping down in August
Apple Music will lose one of its biggest stars this year.
Jimmy Iovine, the music industry veteran who produced albums for U2 and Stevie Nicks and cofounded Interscope Records, will step down from his role at Apple in August, the Wall Street Journal …
Jimmy Iovine says he’s not leaving Apple
Last week, Billboard reported Jimmy Iovine, the person who sold Beats to Apple in 2014, was set to leave Apple in August. Well, Iovine says that’s not true, Variety reports. In a conversation with Variety, Iovine noted that there’s more Apple Music and Beats would like to do, saying he’s “committed to doing whatever Eddy [Cue], Tim [Cook] and Apple” need him to do… Read More
Jimmy Iovine is reportedly leaving Apple this year
Jimmy Iovine, the music mogul who sold Beats to Apple in 2014, is reportedly leaving Apple later this year (in August), Billboard reports. Word on the street is that Iovine’s departure is timed with his Apple shares fully vesting, according to Billboard.
Back in May 2014, Apple paid $3 billion for the headphone maker and streaming music service. As part of the deal, Iovine and Beats… Read More