All FB and Instagram content seems to now be deleted. Probably learned from 50cent's Twitter stock-ramping faux-pas a few years ago [1]
Probably makes it more likely to be happening.
If true, this makes sense framed as an acquihire.
$3.2bn to bring in Dre, a music industry genius and Jimmy Iovine, a highly influential label boss. iTunes is at risk of aging - kids' parents use it. It may be that Apple recognises the need for a brand for a younger, cooler audience who don't want to buy an MP3 file. Apple has the money but pulling labels (and artists) over to a viable subscription business model is going to take clout, influence and reputation.
I expect Dre will shortly be rapping about his unforgettable journey.
An angle I didn't originally think about, but I think this is a big one. Apple has seen how Facebook has aged, and may be trying to avoid the same thing.
Comments
All FB and Instagram content seems to now be deleted. Probably learned from 50cent's Twitter stock-ramping faux-pas a few years ago [1]
Probably makes it more likely to be happening.
If true, this makes sense framed as an acquihire.
$3.2bn to bring in Dre, a music industry genius and Jimmy Iovine, a highly influential label boss. iTunes is at risk of aging - kids' parents use it. It may be that Apple recognises the need for a brand for a younger, cooler audience who don't want to buy an MP3 file. Apple has the money but pulling labels (and artists) over to a viable subscription business model is going to take clout, influence and reputation.
I expect Dre will shortly be rapping about his unforgettable journey.
[1] http://www.theguardian.com/business/2011/jan/11/50-cent-ramp...
An angle I didn't originally think about, but I think this is a big one. Apple has seen how Facebook has aged, and may be trying to avoid the same thing.
Maybe the average person doesn't care to own/permanently store music, thus the reason apple isn't putting out giant iPods anymore.
That video seemed to be a confirmation.