Apple’s Chief Executive Tim Cook and Beats CEO Jimmy Iovine met in February in an informational meeting to discuss the Beats streaming service. Cook appeared to be interested Daisy’s business model and roll out, as iTunes is looking to prepare a similar streaming platform to complement the iTunes store. Cook was joined by Eddy Cue,…

ReverbNation, a digital marketing platform used by more than 2.7 million musicians, will announce on Wednesday that it is jumping into the music download business. But it’s doing so with a twist — 43.4% of what people spend will go directly to charity. ReverbNation isn’t turning into a non-profit. Nor is the endeavor a pure…

Beats Electronics’ “Daisy” music service has secured $60 million in funding from a consortium led by Access Industries, Len Blavatnik’s investment group, which owns Warner Music Group. Marc Rowan, James Packer and parties affiliated with Lee M. Bass also participated in the funding round, according to a statement released on Wednesday. Spearheaded by Interscope Geffen…

Guy Hands, founder and chairman of private equity firm Terra Firma, spoke rather candidly on the missteps he and his firm made in its management of EMI in a video interview posted today on Bloomberg (below). Terra Firma purchased the music company for some $6.3 billion in May 2007 at the height of the credit…