Categories: Drake

Report: Drake To Ink $19 Million Deal With Apple

Published: Monday 1st Jun 2015 by David

Last weeks fans of the rapper Drake learned of rumours claiming he opted to leave Jay Z’s TIDAL wave two days before it launched.

This week, they are to learn that he has reportedly been offered a $19 million by Jimmy Iovine and his people over at Apple as he gears up to begin life away from the Cash Money music group.

Full story below…

The company is said to have started talks with the performer with hopes of turning him into a guest DJ for iTunes Radio.

Reports add that the $19 million is also being used to lure the star into committing to other projects launched by the company as they plan to take on TIDAL and Spotify with their very own streaming service.

ADVERTISEMENT

The New York Post shares:

The tech giant wants to offer a three-month free trial period for its $10-a-month subscription service to get customers to sample its new offering. So far so good, but it also wants the labels to give it rights for free during that time.

The laughable request from the most valuable brand on the planet comes at a time when music buyers might opt to ditch the downloads in order to try a new free offering, creating a potential quarterly revenue shortfall for rights owners.

As for music publishers, we hear Apple wanted to offer lyrics as part of Apple Music, but didn’t want to pay extra — again, free is nice if you can get it.

Apple’s plans appear aimed at taking the best of Pandora, Spotify and YouTube and blending it into something that will outgun them all. There are plans for streaming music (and video), artists’ pages, a YouTube-style post-it-yourself destination called Apple Connect and a well-documented reboot of iTunes Radio.

Whether all of this will coalesce and result in a host of hot stars on stage with Apple CEO Tim Cook on June 8 will depend on who blinks first.

Kanye West has also been linked to Apple’s forthcoming assault on the music industry.

Read more on that here.

Recent Posts

Normani Dishes on Debut Album ‘Dopamine,’ Fifth Harmony, ‘Freaky Tales,’ & More

Normani is strutting the promotional trail in support of her new single '1.59' and its housing album 'Dopamine.' With the…

19 mins ago

Rihanna Teases Fenty Haircare Line

Rihanna already sits at the helm of a billion dollar empire with her Fenty brand. But rather resting on her…

1 hour ago

NLE Choppa Thanks Beyonce “For Inspiring Me to Step Outside the Box”

NLE Choppa has joined the masses of folk praising Beyonce for blazing a trail with her blockbuster new album 'Cowboy…

20 hours ago

Zendaya Teases Return to Music

Zendaya is hot on the promotional trail for her new movie 'Challengers.' And while that's her focus at present, a…

1 day ago

New Video: Skylar Blatt – ‘Wake Up’ (featuring Chris Brown)

Chris Brown spent most of April riding atop headlines for showcasing some surprisingly fiery Rap skills (e.g. beef with Quavo…

1 day ago

New Song: Nardo Wick – ‘Back to Back’ (featuring Future)

Future may be busy enjoying back-to-back Billboard 200 chart-toppers courtesy of the Metro Boomin-assisted 'We Don't Trust You' and 'We…

1 day ago