Apple’s Tim Cook, Jimmy Iovine discuss new music service

Apple has held talks with Beats Electronics, the audio technology firm co-founded by influential hip-hop producer Dr Dre and music mogul Jimmy Iovine, on a potential partnership involving Beats’ planned music-streaming service, three people familiar with the situation told Reuters.

Apple Chief Executive Tim Cook met with Beats chief executive Jimmy Iovine during a visit to Los Angeles in late February to find out more about Beats’ “Project Daisy”, a music subscription service the company announced in January but with scant detail, the sources said.

via Business feed http://www.scmp.com/business/companies/article/1182580/apples-tim-cook-jimmy-iovine-discuss-new-music-service