Jimmy Iovine is no lger the boss of Apple Music while Olivier Schusser takes over

Jimmy Iovine's tenure as Apple Music's leader seems to have ended.

Apple promoted Oliver Schusser to head Apple Music Worldwide. The move comes just after the streaming service has reached the bar of 40 milli subscribers.

Eddy Cue, Senior Vice President of Software and Internet Services of Apple, announced the promoti of Schusser this morning in a memo to the stafrers. The new Schusser title will be VP of Apple Music and Internatial Ctent, according to the memo, obtained by Variety .

The promoti of Schusser will apparently have no impact Iovine's positi in the company. Rumors have arisen at the beginning of the year that Iovine plans to quit Apple in the fall. Iovine denied the rumors in later talks.

A report last mth claimed that Iovine will take a csulting role. He will ctinue to support Cue, but will aband his daily engagement with Apple Music.

Schusser worked under Cue for the last 14 years. He led internatial efforts to …

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