CNBC has reported that, finally, Apple will acquire Beats By Dre for the originally reported $3 billion dollars. In the deal Apple will pay $2.6 billion in straight cash homie, and another $400 million in equity for the audio company.
After the announcement Billboard has reported that Jimmy Iovine will – predictably and understandably – leave his position as chairman and CEO of Interscope Geffen A&M to become an executive at Apple. I am definitely in the wrong business.
The pair’s ‘CHARLIETAPE’ drops in April 2023.
A collection of our favorite songs of the week.
Featuring the likes of Ty Dolla $ign, Babyface Ray, Maxo Kream, Lex Luger, Harry Fraud, and others.
‘Cottonwood 2,’ out April 14.
Featuring Conway the Machine, Freeway, and more.
