Post Tagged with: "Beats Electronics"

Apple is shutting down Beats Music on November 30
/ November 13, 2015 11:41 am
Apple is shutting down Beats Music on November 30

Fact Magazine reports "Apple, which bought the Beats Electronics brand in 2014 for $3 billion has announced it will be shutting the doors on the Beats Music streaming service for good on November 30." . Read More

Apple Denies Beats Music Shutdown
/ September 22, 2014 4:15 pm
Apple Denies Beats Music Shutdown

Today TechCrunch published a report claiming that, according to 5 unnamed sources, Apple will discontinue the streaming music service Beats Music it acquired in May. However, the Hollywood Reporter now reports that "Apple is denying a report from TechCrunch...". Read More

Apple to Acquire Dr. Dre’s Beats Electronics for $3 Billion
/ May 29, 2014 4:21 pm
Apple to Acquire Dr. Dre’s Beats Electronics for $3 Billion

Further bolstering its music offerings, Apple late Wednesday said it will pay $3 billion to acquire Dr. Dre's Beats Electronics, the developer of a subscription streaming music service and maker of popular headphones, speakers and audio software. Under the deal, expected to close by the end of September, the company will make an initial payment of $2.6 billion, plus another $400 million that will vest over time. As part of the acquisition, co-founders Jimmy Iovine and Dr. Dre will join Apple in unspecified roles. Read More

MOG’s Founder Sues Beats Electronics
/ May 16, 2014 4:33 pm
MOG’s Founder Sues Beats Electronics

Billboard reports that David Hyman, the Founder of streaming music service MOG, which was acquired by Beats Electronics in 2012, has sued Beats for more than $20 million, claiming that Beats fired him to avoid giving him an equity payout, according to a report from Courthouse News Service. . Read More

Billboard: Apple May Unveil Iovine, Dr. Dre Exec Appointments at June Conference
/ May 12, 2014 3:12 pm
Billboard: Apple May Unveil Iovine, Dr. Dre Exec Appointments at June Conference

Billboard reports that Apple could unveil Jimmy Iovine and Dr. Dre as its latest recruits at its Worldwide Developers’ Conference in June, according to people familiar with the Beats Electronics acquisition talks. . Read More

Re/code: Why Apple Is Betting Big on Beats: Hardware for Now, Streaming for Later
/ May 9, 2014 5:09 pm
Re/code: Why Apple Is Betting Big on Beats: Hardware for Now, Streaming for Later

Peter Kafka of re/code published a good article on why Apple will likely acquire Beats, describing the possible transaction as essentially two deals in one - one for the consumer electronics arm of Beats and the other for Beats Music, its newly launched streaming music service. . Read More

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Beats Music to Offer In-App Subscriptions
/ April 21, 2014 4:31 pm
Beats Music to Offer In-App Subscriptions

TechCrunch reports that Beats Music, the streaming radio solution from the creators of Beats audio hardware products, will offer in-app subscription sign-ups and provide Apple its 30 percent cut on subscription sign-ups. . Read More

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