hope it doesn't work out... Dr. Dre video shows just how bad it would be to hire him... and make him an executive? No way!! Would be very boneheaded on Apple's part.
Ironic, with Apple and iTunes saying the music industry in the early 2ks, now it's them turning to Iovine and the music industry to get saved. Let's face it classic iTunes is pretty much dead already the next decade is going to be all about streaming. Check out the Iovine footage on YouTube to get an idea what this acquisition is all about.
hope it doesn't work out... Dr. Dre video shows just how bad it would be to hire him... and make him an executive? No way!! Would be very boneheaded on Apple's part.
Oh, the stupidity...
Anybody with even a passing interest in Apple already knows about their attitude towards secrecy, and I can't imagine that everyone involved wasn't warned off talking about the deal until it was made official. This is likely to be a much larger issue than the boasting and salty language. The real question is whether Apple can extricate themselves from the deal without looking like it was something they really wanted to do in the first place.
Can Apple afford to let MS, Amazon Google or Samsung get their hands on BeatsTHIS
Screwing Iovine means the hill becomes that much steeper to climb
The deal is pretty much done. Dr. Dre wouldn't be in that video celebrating if it wasn't. I'm sure that after being in business for several decades now, he knows more than any of us here how it works.
I don't think there's a major issue with their behavior in the video. It's a bunch of drunk guys celebrating their friend becoming a BILLIONAIRE. How would you celebrate a multi-billion dollar deal that doubles your net worth?
If anything, Apple may have just been upset with one of the parties involved in the deal (Dr. Dre), making a premature announcement before Apple had the chance to publicly announce the deal themselves.
But the deal is done. Get over it. Whether or not Dre and Iovine are integrated as executives is what remains to be seen.
The current situation sounds very much like this from a few years ago.
http://venturebeat.com/2010/01/27/mcgraw-ipad/
Apple needs Beats/Dr. Dre/Jimmy Iovine like a fish needs a bicycle.
Just ask some former Beats business partners:
http://gizmodo.com/5981823/beat-by-dre-the-inside-story-of-how-monster-lost-the-world
http://www.theguardian.com/technology/2014/may/21/beats-dr-dre-iovine-royalties-sues
Besides their questionable business practices, there is nothing that Beats/Dr. Dre/Jimmy Iovine has that Apple can't do on their own and better.
Stay tuned.
Apple needs Beats, more than Beats needs Apple.
Can Apple afford to let MS, Amazon Google or Samsung get their hands on Beats
Who says they want Beats? Why didn't Apple go after Nest? The connected home seems more of the future to me than streaming music.
You are trying to create a vision for people whose biggest financial windfall was a twenty five cent hourly raise. They are not going to understand.
For mostly irrational reasons some people have dug their heels in against this deal and will jump on any tidbit to make their irrational dreams come true. Heck half the naysayers still claim it doesn't make business sense, which is just intentionally ignorant. Don't worry though, the same people would cream their khakis if apple announced they were overpaying for a high tech garage door opening company that did not make money or spent thirty billion dollars on a camera app that has a donate a dollar a year revenue stream.
You cannot be serious.
Apple's "cloud" revenues (not including hardware, MacBooks, iPod, iPhones, etc.) - ie. selling Apps, TV, movies, music, books, etc. is already a $30 billion a year business.
Please tell me how Beats, which has maybe a 150,000 subscribers paying $10 a month (thats less than $20 million a year) - us going to make any difference at all? Apple makes more money selling smart covers for iPads than Beats total streaming revenue.
skate to where the puck is going to be, not where it has been...
Not that hard to figure out, Einstein.
Then apple should be investing billions of dollars in spacex.
If you look at apple's acquisition history you would see why this makes no sense whatsoever
I didn't think that video Dre made would help the negotiations. It came off very smug and I'm sure Tim Cook didn't like it one bit.
Since it is likely the real leak came from apple, how would you deal with that?
Or do you think the Financial Times reports on every company who claims apple is interested in them.
I get the impression most people don't even know what the Financial Times is, what their reputation is and that they were the first ones to report on this potential deal.
Pretty much zero chance they ran the story without a source inside Apple.
Thank you for providing those links - having read both articles I personally wouldn't touch Beats with a ten foot pole given that both men both have the reputation of street hustlers rather than businessmen.
what's worse.. street hustler businessman or white collar hustler businessman?
Here we go with this crap again..."It's so not Apple", "beats are overpriced pieces of crap", "Oh I'm such an audiophile I critique the lows mids and highs of my own farts and I'll tell you beats are garbage"....Give it a rest...Apple is buying Beats..get over it.