Jimmy Iovine to move into consulting role at Apple
Beats co-founder Jimmy Iovine is expected to leave his role at Apple in August, and now The Wall Street Journal reports that he’ll transition into a “consulting role” after that, dropping the daily responsibilities of overseeing the company’s streaming music service. Iovine initially denied that he would be leaving the company in August.
Iovine was one of several high-profile executives Apple brought on when it bought Beats back in 2014. Of them, Iovine was among the most valuable since, as a longtime leader in the music industry, he had the connections to tie Apple to artists and help it work with labels that might be wary of the tech giant venturing into their industry again.