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Jimmy Iovine Shoots Down Reports He's Leaving Apple Music

Jimmy Iovine claims he is staying put at Apple Music.

(AllHipHop News) Music mogul Jimmy Iovine is denying reports he is leaving Apple music.

Earlier in the week, news broke that Jimmy would be leaving the company around August, after his stock options vest later this year.

The Interscope Records founder, who has been with the company since 2014, has responded to the claims during an interview at the Grammy Museum earlier this week during a screening of the HBO series "The Defiant Ones."

"All this stuff you’re seeing in the newspapers, let me tell you, my stock vested a long time ago. We need Donald Trump here to call it ‘fake news’,” Jimmy Iovine told the crowd.

Although Iovine claims he isn't leaving Apple anytime soon, the mogul, who turns 65 in March, admitted he would probably be out of the business within the next 10 years.

"I don’t see myself at 75-years-old running around doing music. Eventually, I’ll be slowing down. But right now, I’m committed to getting streaming right," Jimmy Iovine said.

Jimmy Iovine took over Apple Music four years ago, after he sold Beats to the company with Dr. Dre, for over $2 billion dollars.

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