Posts tagged iTunes
Beats by Dre deal is taking longer than expected and now may not be finalised until late next week. Following on from our report last week about Apple acquiring the audio company Beats by Dre recent news is suggesting the deal may take longer than first expected.
Apple’s planned deal to buy Beats Electronics for $3.2 billion may not be finalized until next week, according to people familiar with the transaction. That’s a longer timetable than some people expected as recently as a few days ago.
Once the deal has been finalised it is expected that the Beats co-founders Dr. Dre and Jimmy Iovine will take up senior roles within Apple. It is not yet clear weather this bold move by apple is in order to inject the company with new ideas to attract a younger generation or if it is simply a deal to gain access to the Beats song library and royalty deals which would give apple preferential rates and an advantage in the streaming market for iTunes. On another note Jimmy Iovine and Dr. Dre are said to be making their first appearances as employees of apple in the upcoming Worldwide Developers Conference (WWDC) later this year.
The co-Founders of Beats by Dre Dr. Dre and Jimmy Iovine are set to take up senior roles within apple after the companies £1.8 million ($3.2 million) acquisition last week.
The pair are set to take up part time / advisory style positions and are said to be commuting from the Los Angeles area where Beats is based to meetings at Apple’s headquarters in Cupertino and elsewhere as necessary.
The role the two are going to actually play in influencing apples decisions is still unclear but it is thought that this may be either a move to entice younger generations or possible be a very clever decision with a view to securing deals with record labels.
Apple is said to be re-designing iTunes in order to turn around the recent drop in music sales. The acquisition of the Beats Music streaming service along with a thriving hardware business and two experienced seasoned veterans of the music industry may help the company achieve this drastic revamp while introducing new ideas and hardware sales.
Following last week’s news that iTunes Radio would be expanding to Canada within the next few months, we are hearing rumours that Apple plans expand the service to the UK, Canada, Australia, and New Zealand by early 2014, ahead of competitor Pandora’s own expansion. The expansion could also include Nordic countries.
Apple is able to roll out its service to additional countries more quickly than Pandora because it has already signed international rights deals with Universal Music Group and other record companies. Pandora, however, relies on rights “granted by government entities” which limits its service to the U.S., Australia, and New Zealand.
Apple Inc. plans to expand iTunes Radio to English-speaking countries outside the U.S. by early 2014, beating industry leader Pandora Media Inc. to the U.K. and Canada, people with knowledge of the situation said.
ITunes Radio is also set to start early next year in Australia and New Zealand, where Pandora already operates, said the people, who asked not to be identified because the plans aren’t public. Nordic countries are also being targeted in the same time frame, the people said.
First introduced alongside iOS 7 in September, iTunes Radio is currently limited to listeners in the United States, though users in other countries can skirt restrictions with a U.S. iTunes account.
Apple’s senior vice president of Internet software and services Eddy Cue has said that launching iTunes Radio worldwide is a top priority for the company, with Apple ultimately aiming to have the service “in more than 100 countries.”
Over on the MacRumors forums there has been a post recently regarding the new iTunes 11 release. The notification has asked artist’s and labels to provide iTunes with images of the artist to be displayed alongside their music in the new store layout.
The email in the image above was originally in German and has been translated into English, hence the bad grammar, The message is said to have been sent by German music distribution service Feiyr. however the authenticity of this email is yet to be verified.