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Sunday, 7 January 2018

Jimmy Lovine To Leave Apple Music: Report

www.naijanitro.com.ng 

Jimmy Lovine To Leave Apple Music: Report





According to several sources, Lovine's exit is in conjunction with his shares in Apple fully vesting, meaning that he can now leave the company while still maintaining and excercising his stock options.
It was under Lovine's spearheading of crafting original programming on the Apple Music subscription service, launched in June of 2015, that the service developed a user base of over 30 million paying subcribers.
As to what Lovine will do after parting ways with Apple, there's no telling. But, based on a previous conversation with Billboard, he'll likely continue to find ways to revolutionize the music industry. "I’m 64 years old. I have no idea [what I’m doing next]," he said as he touched on the streaming industry as a whole following Goldman Sachs' prediction that subscription streaming would lead to the record industry amassing $41 billion globally by 2030


"There’s just a problem here that needs some sort of solution, and I want to ­contribute to it. Goldman Sachs may think it’s solved, but I don’t. We’re not even close.” 

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