Apple To Get Beats, Music Mogul Iovine For $3 Billion

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Apple To Get Beats, Music Mogul Iovine For $3 Billion

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Apple To Get Beats, Music Mogul Iovine For $3 Billion

by Wochit 0:34 mins

Apple To Get Beats, Music Mogul Iovine For $3 Billion

by Wochit 0:34 mins

Apple will buy Beats for about $3 billion and bring recording mogul Jimmy Iovine into its ranks, hoping to win points with the music industry and help it catch up in fast-growing music streaming. As expected, Beats co-founders Iovine and rapper Dr. Dre will join Apple as part of the acquisition of the music streaming and audio equipment company.

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