Music executive Jimmy Iovine discusses his educational programs designed to prepare inner-city students for careers in modern business and creative industries.
Opinion
Iovine: Music streaming services risk obsolescence by restricting artist communication
“So the streaming services, to me, are minutes away from being obsolete because of that. You can't rub against the artist like that. You just can't. You gotta give them what they want. They're driving this ship.”
Prediction Not checkable as stated
Iovine: AI will never write a song like Dylan's 'Blowin' in the Wind'
“AI will never be able to write Blown in the Wind by Bob Dylan. Not in anyone who's listening to this, or in my lifetime, for sure.”
Insight
Iovine: Brilliant creators combine innate talent with early childhood trauma
“Well, to be really brilliant, I call it, there has to be a bend in the pipe. You know, whether it's through trauma or through your interpretation of yourself, of how that could happen... It's usually trauma from when they were younger... You put that trauma, c…”
Insight
Iovine: Culture has shifted from artistic greatness to fame to attention
“So it became more important at one point to be famous than to be great, because as a currency, you had to be great at one time to get a record deal, to do all that stuff. And then that sort of dwindled as time went on, which is just fine. But It is absolutely …”
Assertion Supported
Iovine: Music streaming economics broke by copying Apple's 70/30 download split
“If you look at those deals are reflective of the iTunes download market, 70, 30. That was the same business as the download market. So they just copied that, which is not a great bit model for that. Why? Because you have Not enough money in the streaming servi…”
Opinion
Iovine: Steve Jobs was the only tech executive with an artistic soul
“He gets it, you know, and most of the people I meet in that world know how to do what they're doing, but as far as the particular thing that Steve had, I haven't met another one that has that.
I really, not that they're bad people or anything, they just, they…”