Jimmy Iovine, American record producer and businessman, co-founded Interscope Records and Beats Electronics
James Iovine ( EYE-ə-veen; Italian: [ˈjoːvine]; born March 11, 1953) is an American entrepreneur, record executive, and media proprietor best known as the co-founder of Interscope Records. In 2006, Iovine and rapper-producer Dr. Dre founded Beats Electronics, which produces audio products and operated a now-defunct music streaming service. The company was purchased by Apple Inc. for $3 billion in May 2014.Prior to the Apple acquisition of Beats in 2014, Iovine became chairman of Interscope-Geffen-A&M, an umbrella unit merged by the then-newly-reincarnated Universal Music Group in 1999.