https://arstechnica.com/gadgets/2018/01/beats-co-founder-jimmy-iovine-is-leaving-apple-reports-say/

Famed music mogul and Beats Electronics co-founder Jimmy Iovine plans to leave Apple this August, according to multiple reports. Bloomberg, Billboard, and Hits Daily Double all cite sources close to Iovine, who say he is unlikely to change his mind. Some or all of those sources believe that Iovine's departure is timed with the concluding payout to Iovine related to Apple's acquisition of Beats in 2014.