RUMOR MILL
Tuesday, October 16, 2012
Beats Move On
MORE BEATS GO ON: Jimmy Iovine and Dr. Dre’s Beats by Dre headphones have decided not to renew their five-year agreement with Monster, an electronics company known for expensive stereo cables which manufactured the successful high-end accessory line for them, with shares of the profits the main sticking point, according to Bloomberg News. The partnership’s products accounted for 53% of the $1 billion annual headphone market last year. The deal ends later this year. Smartphone manufacturer HTC took a 51% stake in Beats last year for $300 million, then sold 26% back to Iovine and Dre in July for $150 million. (10/16p)
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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