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Thursday, February 24, 2011

IB on Iovine's untouchable status

CLEAR & WARM IN SANTA MONICA: In stark contrast to all the uncertainty surrounding UMG’s East Coast operations, IGA ruler Jimmy Iovine appears to be more untouchable than ever, thanks to the combined wallop of Eminem, Lady Gaga and Dr. Dre (the latter two with upcoming releases), the revitalized American Idol and his wildly successful Beats Audio venture with Dre, which some now value in the hundreds of millions UMG is said to have a small stake in the business. (2/24a)

 
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