Excuse us, but we find it hard to swallow some of the hype that swirls around the Beats brand. That sounds harsh, maybe, but it’s borne out of experience. Anyway, we do trust Reuters, and that outlet claims to have it on good authority that Beats is “in talks” with Apple over a partnership involving the forthcoming Daisy music-streaming service that was formerly MOG. The word is that Tim Cook attended an “informational” meeting with Beats CEO Jimmy Iovine and “expressed interest” in his business model — whatever that is — and that Apple’s head of Internet products, Eddy Cue, was also present. In news that is very much related, Beats has also revealed that it’s managed to generate enough buzz around the $12 million acquisition of MOG to raise a further $60 million in investment to help it to launch the rebranded and hopefully expanded service as a separate entity later this year.
Report: Apple, Beats Talking About Future Daisy Music Streaming Service
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).