Apple paid $ 3 billion for headphone and streaming
music company Beats Electronics to try to play catch - up in the shift away from downloading music, said a leading Silicon Valley venture capitalist.
Not exact matches
Beats Music launched earlier this year, and the company has mounted an aggressive campaign to thrust the service deep into the pool of music streaming competitors that include Pandora and Spo
Music launched earlier this year, and the
company has mounted an aggressive campaign to thrust the service deep into the pool of
music streaming competitors that include Pandora and Spo
music streaming competitors that include Pandora and Spotify.
Apple
Music has its roots in
Beats Music, which came to the
company through a hardware acquisition.
Apple executive and
Beats founder Jimmy Iovine had hinted in an interview earlier this summer that the
company would be selectively interested in additional original content for its Apple
Music subscription streaming service.
His
music holdings also include investments in emerging - technology
companies such as Spotify and
Beats Electronics.
In a sign of how important
Beats is in reshaping Apple's digital
music, the
company has made a musician a point man for overhauling the iPhone's
music app to include the streaming
music service, as opposed to an engineer.
The
music streaming
company's quarterly results
beat expectations, but its guidance fell short and listener hours fell in June.
Nothing
beats crisp air, great
music, and even better
company.
Venue: Sundance Film Festival (U.S. Documentary Competition) Production
companies: Story, Hard Working Movies, in association with Sveriges Television, Film Vast Director: Sara Jordeno Writers: Sara Jordeno, Twiggy Pucci Garcon Producers: Annika Rogell, Lori Cheatle Executive producer: Tobias Janson Director of photography: Naiti Gamez
Music: Qween
Beat Editor: Rasmus Ohlander Sales: Submarine Not rated, 94 minutes
The HTC Sensation XL is the second handset to feature Dr Dre
Beats functionality and headphones, since the partnership with the
music company was announced in August — with the Sensation XE being the first phone.
If the deal solidifies and finalizes, this new relationship for Google wouldn't come long after Apple paid $ 3 billion for
Beats (with $ 500 million of that price directed toward the streaming component), a
company often praised for having strong curation in their
music streaming app.
No one really complained too much, not at least the big
music guys, when iTunes was selling 90 percent of
music files, but when Amazon has 60 or 70 or 80 percent of the market, all the publishers see Amazon as evil, something to
beat down, not as a
company to co-ordinate with and to work with and help make the industry grow.
But on a grander note, the technology could erase a string of Microsoft's embarrassing failures with mobile phones,
music players, tablets and even Windows from consumers» minds and provide a redemptive
beat for the
company.
Investors and consumers alike have also been waiting for the
company to dive deeper into the
music streaming space after buying Beats Music for $ 3 billion last
music streaming space after buying
Beats Music for $ 3 billion last
Music for $ 3 billion last year.
The
company only acquired
Beats Electronics, launched Apple
Music (including on Android), and opened up its MFi (Made For) licensing program to include headphones that use its proprietary Lightning port.
Between Siri,
music videos, Beats 1, and the playlist curation and recommendation tech Apple lifted from Beats Music, Apple Music makes a strong case for streaming and proves the Cupertino company just might revolutionize music all over a
music videos,
Beats 1, and the playlist curation and recommendation tech Apple lifted from
Beats Music, Apple Music makes a strong case for streaming and proves the Cupertino company just might revolutionize music all over a
Music, Apple
Music makes a strong case for streaming and proves the Cupertino company just might revolutionize music all over a
Music makes a strong case for streaming and proves the Cupertino
company just might revolutionize
music all over a
music all over again.
Even Apple, which typically shuns big deals and doesn't even disclose many smaller acquisitions, bought its own chip design
company, P.A. Semi;
Beats, the headphone maker and
music service; and Siri, the voice - controlled assistant service.
Iovine, if you recall, joined the Cupertino - based
company in mid-2014 alongside
music producer and rapper Dr. Dre as part of its $ 3 billion acquisition of
Beats Electronics.
After the famously secretive
company bought
Beats Music in 2014 it took almost a year for it to release its own Apple
Music streaming service and
Beats One radio.
Before the
company launched Apple
Music it bought
Beats, the eponymous headphone maker, for $ 3.2 billion.
Iovine, who joined Apple in 2014 when the
company acquired
Beats, helped lead the development of its streaming
music service.
It also gives Apple an on - demand streaming
music service via Beats Music, which the company has previously been hesitant to do for fear that it would cannibalize digital download sales on iT
music service via
Beats Music, which the company has previously been hesitant to do for fear that it would cannibalize digital download sales on iT
Music, which the
company has previously been hesitant to do for fear that it would cannibalize digital download sales on iTunes.
When Apple made it's $ 3 billion purchase of headphone maker
Beats in 2014, its founders Jimmy Iovine and Dr. Dre joined the
company as executives, overseeing the Apple
Music and
Beats 1 audio services.
Beats Audio, the
company behind the popular
Beats by Dr. Dre line of over-ear and in - hear headphones, is reportedly planning to acquire subscription
music service MOG.
Taiwanese smartphone manufacturer HTC is the majority owner of
Beats, and the deal could open the door for a subscription
music service built right into the
company's Sense user interface.
The
company says in a support page that all the existing subscriptions on
Beats Music will be cancelled from November 30 and an option to move song selections and preferences to Apple
Music has just been released to provide a smooth transition.
The
company used
Beats resources in developing Apple
Music that was launched with iOS 8.4 on June 30.
Bain
beat a host of competitors to buy Gymboree, a
company whose roots go back to 1976 when it opened play and
music centers for children.