It was reported earlier this year in January that Apple Music boss Jimmy Iovine was going to leave the company. He joined Apple in 2014 when he and Dr. Dre sold their headphone and music streaming company Beats that they co-founded back in 2008 to Apple for $3 billion. Iovine, a former CEO of Interscope, was said to exit Apple after his Apple shares vested fully. That report was denied but a new one suggests that while he may not leave the company, Iovine will take on a reduced role at Apple.
The Wall Street Journal reports today that Iovine will be reducing his involvement with Apple Music starting in August this year. He’s reportedly going to transition to a consulting role and won’t be involved with the daily operations of Apple’s music streaming service.
Apple and Iovine haven’t commented on the report as yet so it’s unclear right now how much truth there is in these claims. A step down to a consulting role would suggest that it just sets the stage for Iovine’s eventual exit from Apple and that might very well be the case.
However, Iovine may not be giving up his duties at Apple because he’s thinking of switching jobs. The Journal hears from its sources that Iovine is planning to spend more time with his family after he steps down to a consulting role and that he would assist Apple Senior VP Eddy Cue as and when required.
Jimmy Iovine Might Take A Reduced Role At Apple Music , original content from Ubergizmo. Read our Copyrights and terms of use.
Apple Music’s Jimmy Iovine will reportedly step back from the company and take on a less hands-on “consulting role,” new reports suggest. The leak resurrects rumors from earlier this year that Iovine – who joined Apple Music when Apple acquired Beats Electronics and Beats Music in 2014 – plans to leave the Cupertino firm, which at the time were strongly … 
When you look at the latest leak of the OnePlus 6, you’ll think – wow, but that does look familiar, familiar indeed. The device in the leak seems to work with a display with a notch at the top, and around back it has a pill-shaped arrangement of cameras (two cameras, as it were.) On the back is a fingerprint … 
In January, rumors surfaced that Jimmy Iovine would be leaving Apple Music later this year, but he denied the reports, saying there was still more he would like to do in the music streaming business. However, according to the Wall Street Journal, the…