Apple’s $3 billion Beats acquisition has been great for some and not so great for others. Universal Music made $404 million from the deal. Meanwhile, 200 Beats employees are about to lose their jobs.
The acquisition has been a pretty sweet deal for Beats executives, who are now Apple executives.
Beats Music CEO Ian Rogers is adding “Head of iTunes Radio” to his resume, according to a recent Wall Street Journal Report. Rogers will simultaneously run both (competing) music services in an attempt “to create cohesion“.
Nina Ulloa covers breaking news, tech, and more. Follow her on Twitter: @nine_u