The rumors of Beats Music shutting down have been put to rest, as Apple plans to merge it with iTunes. When Apple acquired the Los Angeles-based Beats for $3 billion, it was believed that the company could use Beats Music as much as the high-end Beats by Dr. Dre headphones. But, now the company’s real intention is comingto light. According to an insider who is close to the company’s plans, Apple will be shutting down the separate Beats Music app and will be merging the digital subscription ser
Six-year-old Emma Cordell listens to a new iPod on display at the Apple Store July 14, 2005 in San Francisco, California. (PHOTO CREDIT: Justin Sullivan—Getty Images)
Apple has stopped selling Bose headphones and speakers at its Apple Stores, nearly five months after agreeing to buy one of the company’s main competitors, Beats Electronics.
Bose merchandise is now unavailable at the Apple Online Store, and 9to5Mac reported that Apple Retail stores no longer have Bose inventory available.
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Apple is denying a published report that it plans to shut down streaming service Beats Music.
Several prominent employees at Apple and Beats told TechCrunch that Apple planned to discontinue the service.
Apple spokesman Tom Neumayr denied Apple was shutting down Beats Music. He toldUSA TODAY: “It’s not true.”
One person familiar with the situation said that consumers should expect Apple to make some changes to the service. That could mean the brand is going away although the service is not.
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A pair of Beats headphones (Photo: Andrew Burton, Getty Images)
Jimmy Iovine? Apple’s new partner? To judge by the media hurrahs, Apple’s future?
What’s wrong with this picture?
Apple is a top-down, buttoned-down, lockstep enterprise managed, after Steve Jobs’ death, by his apparatchiks and other relative automatons. Iovine, a producer and impresario from the music industry’s bad days, is a promoter and publicity seeker who has often veered toward outré practices and personalities.
So, Apple,
*Apple has officially announced that it has purchased Dr. Dre’s Beats Electronics for $3 billion.
With iTunes sales slowing, the move gives Apple something it desperately needs to compete in today’s digital music world – a subscription music service.
While Apple’s App Store revenue is increasing, Morgan Stanley analyst Katy Huberty notes that iTunes revenue is falling as users turn to streaming services such as Pandora and Spotify to meet their music needs.
Spotify, which is generally viewed a
When they launched Beats Electronics some six years ago in 2008, I somehow doubt that Dr. Dre and Jimmy Iovine had any idea Apple might one day seek to purchase their little headphone venture to the tune of $3.2 billion. Yet, it appears that is exactly what is about to go down. I hope the two of them are kicking back with a bottle of Cristal right now, toasting to their success. But it’s really Apple that should be celebrating, because if this deal goes through, the United States’ most p
Recording artist Dr. Dre wears a pair of Beats headphones as he attends the MLB 2010 season opener between the New York Yankees and Boston Red Sox at Fenway Park in Boston, in this file photo taken April 4, 2010. (CREDIT: REUTERS/ADAM HUNGER/FILES)
Apple Inc is close to paying a record $3.2 billion for Beats Electronics, two people with knowledge of the matter said, an expensive foray into music streaming and headphone gear that would mark a departure for the usually cash-conservative iPhone m
If you thought Dr. Dre and Jimmy Iovine were already loaded thanks to their ridiculously successful headphone brand, Beats Electronics, you ain’t seen nothing yet. According to a report by the Financial Times, Apple is in talks to purchase the successful audio company for a reported $3.2 billion. Even for a guy with a net worth of $550 million, that’s not chump change.
According to the report, if successful, the acquisition would be the largest in the Cupertino tech giant’s history. “People f
Designed especially for DJs - whatever type of music they play - the headphones are lightweight enough to wear for long periods, but designed to produce studio-quality sound even in loud environments.
Compact enough for convenient transportation and flexible enough for live performances, Beats mixr also feature an ear-cup that swivels 180-degrees enablin
