Billboard is reporting that Jimmy Iovine, co-founder of Interscope Records and former chairman of Interscope Geffen A&M, is leaving Apple Music after more than three years in an official but undisclosed position with the Cupertino, California-based company. Iovine is one of the biggest names in the music industry, having co-founded Beats By Dre with Dr. Dre before engineering a $3 billion deal to sell the audio manufacturer to Apple in 2014- interestingly, just before he was hired by Apple. Iovine was one of the most influential figures contributing to the rise of Apple Music, which debuted in June 2015 and has since grown into a legitimate threat to Spotify for the domestic streaming crown, with more than 30 million paid subscribers per Statista.