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What ITune’s “Beats” Acquisition Means for Musicians

On May 28, 2014, Apple announced it would be buying Beats Electronics for $3 billion – $2.6 billion in cash plus another $400 million in equity.  Apple plans to leverage and exploit Beat’s streaming music service alongside Apple’s venerable but slowing pay-per-download Itunes service.  The founders of Beats, Dr. Dre and Jimmy Iovine, will stay on […]

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