Jimmy Iovine Officially Exits Interscope For Apple. This Is A Big Deal.
Jimmy Iovine is heading to Apple.
Jimmy Iovine has officially made his exit from Interscope Geffen A&M, following 25 years of being the most successful head of a major label in the business. Iovine - whose replacement is John Janick - will join Apple following the technology giant's acquiring of the Beats headphones and digital streaming company that Iovine set up with Dr Dre.
Jimmy Iovine Will Take Up A Role at Apple
"Since coming to UMG nearly two years ago, he [Janick] has consistently shown why he is widely regarded as one of the most talented, innovative and entrepreneurial executives in the music business today and will be a key player in the future generation of industry leaders," Lucian Grainge, Universal Music Group chairman and CEO, said in a statement of Iovine's replacement, "John is the ideal executive to be writing the next chapter in IGA's illustrious history."
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