In the wake of the report that Apple is in talks to acquire Beats Electronics to the tune of $3.2 billion, comes a New York Post report that Beats CEO Jimmy Iovine is in talks to join Apple as a “special adviser” to Tim Cook on creative matters.
The Post, via MacRumors:
Beats Electronics boss and veteran music industry executive Jimmy Iovine is in talks to join Apple as a “special adviser” to Tim Cook on creative matters, two sources close to talks tell The Post.
It is unclear if the talks are a part of Apple’s Beats Electronics grab, or if it is a completely separate deal.
Iovine’s strong contacts in the music world could potentially aid Apple in future negotiations with record labels.
Apple and Beats Electronics have had a long relationship, as early 2013 saw Beats CEO Jimmy Iovine meeting with Tim Cook and other Apple executives about a possible partnership. Iovine has also been quoted as saying that he pitched a streaming music service to Steve Jobs 10 years ago, but Jobs passed on the offer.