All posts by Eric Zimmett

President & Founder at social media agency Braden Social Media

Apple confirms $3 billion acquisition of Beats

Apple today confirmed its long-rumored acquisition of Beats Music and Beats Electronics for a total of $3 billion, according to a Beats press release.

Screen Shot 2014-05-29 at 11.06.44 AM

It’s a three-pronged acquisition including the acqui-hire of Beats co-founders Dr. Dre and Jimmy Iovine; Beats subscription streaming service; and the Beats hardware.

“Music is such an important part of all of our lives and holds a special place within our hearts at Apple,” said Apple’s Tim Cook in the Beats Press Release. “That’s why we have kept investing in music and are bringing together these extraordinary teams so we can continue to create the most innovative music products and services in the world.”

“I’ve always known in my heart that Beats belonged with Apple,” said Jimmy Iovine. “The idea when we started the company was inspired by Apple’s unmatched ability to marry culture and technology. Apple’s deep commitment to music fans, artists, songwriters and the music industry is something special.”

Beats Music is a subscription streaming service that generates customized playlists based on a user’s musical tastes — similar to Pandora’s Music Genome Project, as well as other recommendation platforms.

Beats Photo by Flickr user briansolis / In-column photo from Twitter.com/tim_cook

Advertisements

Twitter redesign closely resembles Facebook

Twitter started rolling out a redesign today, with larger cover photos and profile pictures, as well as new features and a more full-screen layout that closely resembles Facebook.

Screen Shot 2014-04-08 at 9.46.32 AM

Here’s a side-by-side comparison with our Facebook Page.

Comp

New features include the ability to “Pin” a Tweet to the top of your Twitter Timeline, showcasing it for followers.  As well as a new, separate, Tweets & Replies tab.

Screen Shot 2014-04-08 at 9.47.37 AM

UK’s LoveFilm is now Amazon Prime Instant Video

Amazon has flipped the switch on its LoveFilm brand, officially renaming the service in the UK to Amazon Instant Video to match its US counterpart.

LoveFilm is the largest subscription service in the UK, rivaling Netflix, with more than 15,000 movies and TV episodes.

Screen Shot 2014-04-04 at 7.02.59 PM

Amazon introduces Fire TV Streaming Box

Amazon introduced its streaming box April 2, dubbed Fire TV, a direct competitor to Apple TV and Roku.

The box, which will retail for $99, will feature Amazon Instant Video, Netflix, Hulu Plus and more, as well as voice controls and an optional gaming controller.

More coverage in this week’s Zimedium Podcast.