National / International News

Apple bought Beats headphones. Now what?

Marketplace - American Public Media - Thu, 2014-05-29 09:41
Thursday, May 29, 2014 - 09:00 Matthew Raymundo/ Via Wikimedia Commons

The image illustrates the White Solo Beats by Dr. Dre. Apple is allegedly in talks to purchase Beats eletronics- an acquisition that would cost a reported $3.2 billion.

Apple has two new employees on board after deciding to buy music brand Beats Electronics yesterday for $3 billion dollars. One of them you probably know -- rapper Dr. Dre, the other probably not.

Music executive Jimmy Iovine is less of a name and more of a music visionary -- or at least that’s what Apple hopes. What Iovine brings to the company first and foremost is that he’s a music industry superstar. He’s worked with Bruce Springsteen, John Lennon, U2 and 50 Cent. He knows people and people know him. He’s got a reputation in the industry as a business guy who can relate to artists and creative types. And the thinking is that he will help Apple hammer out new deals.

He’s also seen as innovative. He helped launch the Interscope Records label that promoted gangster rap in the late 80’s and early 90’s. Iovine also got artists to market clothes and electronics -- the Beats headphones with Dr. Dre is a perfect example.

One important question is what Iovine can do to help Apple make more of a name for itself in the online music subscription service world dominated by the likes of Spotify and Pandora. Beats does bring with it a music streaming service, with 250,000 subscribers. Of course that’s modest compared to Spotify’s 10 million.

Jackdaw analyst Jan Dawson says, really, what Apple is buying is someone who has a natural gift for understanding what consumers want.

“Steve Jobs had great instincts in that area too. But obviously since his departure that’s fallen to other people and Apple has a very capable set of executives but they don’t have somebody with that same instinctive relationship with music who can really understand what it is that people want and how they are going to buy it,” he says.

Apple is betting if you match Iovine with Apple’s resources, they’ll find some way to make beautiful music together.

Marketplace Morning Report for Thursday May 29, 2014Interview with Dan GorensteinStory Type InterviewSyndication PMPApp Respond No

Fugitive 'Skull Cracker' jailed

BBC - Thu, 2014-05-29 09:34
An armed robber nicknamed the "Skull Cracker" has been jailed for life for raiding a Surrey building society while on the run from an open prison.

U.S. Teacher: I Did 7 Months Of Forced Labor In A Chinese Jail

NPR News - Thu, 2014-05-29 09:30

Stuart Foster of South Carolina was jailed last year in Guangzhou for theft. He says he was forced to assemble Christmas lights, some of them exported to the U.S.

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How common is vitiligo?

BBC - Thu, 2014-05-29 09:25
A contestant on America's Next Top Model has vitiligo. How common is the skin condition?

ACLU Sues California For 'Equal Learning Time'

NPR News - Thu, 2014-05-29 09:24

At high poverty schools, "students rarely experience a normal school day, let alone semester or year."

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Ofsted to stop outsourced inspections

BBC - Thu, 2014-05-29 09:23
Ofsted is to stop contracting out inspections of schools and colleges and will only use directly employed inspectors from September 2015.

Murray crushes Matosevic in Paris

BBC - Thu, 2014-05-29 09:22
Andy Murray sets up a third-round meeting with Philipp Kohlschreiber at the French Open after beating Marinko Matosevic.

Hamilton gets NI's top police job

BBC - Thu, 2014-05-29 09:17
The Police Service of Northern Ireland's new chief constable is to be George Hamilton, who will replace Matt Baggott.

Hodgson impressed with England form

BBC - Thu, 2014-05-29 09:09
England manager Roy Hodgson wants to "bottle" the standard of his team's training performances for the World Cup.

PODCAST: The cost of concussions

Marketplace - American Public Media - Thu, 2014-05-29 09:09
Thursday, May 29, 2014 - 09:47 Brett Carlsen/Getty Images

This really might not be enough to prevent a concussion.

There's a big rush to reduce concussions in sports. But the technology has yet to catch up with the demand

Ever wonder why public radio sometimes feels a little like a classroom? Well there's a reason. More from our new LearningCurve series

Marketplace Morning Report for Thursday May 29, 2014 Hosted By Stacey Vanek SmithPodcast Title 05-29-14 Marketplace Mid-day Update: The cost of concussionsStory Type BlogSyndication PMPApp Respond No

VIDEO: France's Citroen gets a British boss

BBC - Thu, 2014-05-29 09:07
Britain's Linda Jackson talks about her new role as chief executive of France's iconic car company, Citroen.

Deal over Bush-Blair Iraq documents

BBC - Thu, 2014-05-29 09:06
After lengthy negotiations, the Chilcot inquiry strikes a deal with the government to publish the "gist" of Iraq war talks between Tony Blair and George Bush - but not full transcripts.

The Future Of Online Ed Isn't Heading Where You Expect

NPR News - Thu, 2014-05-29 09:03

A workforce-based initiative on a twin island nation shows the true potential of free online education.

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Sue Johnston to join Downton Abbey

BBC - Thu, 2014-05-29 09:00
The Royle Family star Sue Johnston is joining the cast of hit ITV period drama Downton Abbey, in a guest role.

Manslaughter arrest over M4 crash

BBC - Thu, 2014-05-29 09:00
A 21-year-old woman is arrested on suspicion of manslaughter over a car crash on an M4 slip road in which a teenage driver died.

US measles cases reach 20-year high

BBC - Thu, 2014-05-29 08:55
Public health experts in the US are urging people to get vaccinated against measles after a spike in cases in the country this year.

Abbas picks leader for unity cabinet

BBC - Thu, 2014-05-29 08:50
Palestinian President Mahmoud Abbas asks his current prime minister to form a transitional government involving rivals Fatah and Hamas.

Can London return aid struggling Brownlees?

BBC - Thu, 2014-05-29 08:46
The glory and ghosts of the Olympic venue give sibling rivals mixed feelings as they return to the city that defined their careers

Crickets muted by evolution, twice

BBC - Thu, 2014-05-29 08:41
To help them hide from deadly flies, male crickets on two Hawaiian islands have separately evolved an inability to sing, biologists report.

Curveball: Celebrity musicians and online education

Marketplace - American Public Media - Thu, 2014-05-29 08:37
Thursday, May 29, 2014 - 11:33 iStockPhoto <a href="http://marketplaceapm.polldaddy.com/s/digital-music">View Survey</a> by Dan AbendscheinSyndication PMPApp Respond NoBranded story type Curveball
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