Apple has yet to officially announce its largest acquisition to date. At $3.2 billion, the Beats deal is making headlines, and Beats co-founder, Dr. Dre, already calls himself the "first billionaire of hip hop."
A few days ago, the Wall Street Journal reported that Beats founders Jimmy Iovine and Dr. Dre will likely join Apple after the deal is closed.
Now Billboard is supporting the report.
Citing sources familiar with the talks, Billboard says that Iovine and Dre will be taking executive roles at Apple. Iovine, best known for co-founding Interscope Records, will likely oversee Apple's music strategy, sources added.
Considering Iovine's deep connections in the music industry, the role sounds reasonable. Meanwhile, the role of Andre Young, a.k.a. Dr. Dre, at Apple is still uncertain.
Billboard adds that Apple could announce their executive roles at WWDC next month.
It's worth noting that Apple is already rumored to be overhauling its iTunes music service. Apple is basically hitting two birds with one stone. That's because apart from its popular headphones, Beats also has a music streaming service dubbed "Beats Music," which launched in January this year.