Jimmy Iovine Steps Down As Interscope CEO

Following the sale of Beats to Apple Wednesday (May 28), Jimmy Iovine announced shortly after that he has stepped down as Chairman and CEO of Interscope Records, reports Billboard.
John Janick has been tapped to replace Iovine, and has been named chairman and CEO of Interscope Geffen A&M, while Iovine leaves to become an Apple executive.
"John Janick has exactly what it takes to lead Interscope Geffen A&M," Iovine said in a statement.. "He started his own label. He understands the art of making records and the unique dynamic between a record label and artist, as well as the enormous responsibility that comes with representing one of the greatest artist rosters ever assembled."
Janick launched his Fueled By Ramen imprint in 1996 and has worked in the Universal Music Group system, which includes Interscope Geffen A&M, since 2012. He has also been groomed by Iovine for the role.
Beats Music and Beats Electronics was acquired by Apple this week for $3 billion.
Both Iovine and co-founder Dr. Dre join the tech giant as executives.

Never Thought This Would Happen: Treach Drops Vin Rock Diss Called "Tall Midget"

Things just got uglier. late Monday (May 6) night, Treach announced, via Twitter, that he fired Vin Rock from Naughty By Nature. The latter eventually commented on his supposed dismissal, but now Treach has responded in kind with a diss track called "Tall Midget."
Yesterday, Vinny responded to Treach's remarks via Twitter, too. "I'm waking to drama. Spoke to my publicist. Silence is Golden.

In the meantime Business 101: You can't Fire the Owner ," he tweeted.

Last night, Treach dropped the gauntlet, again, with a scathing diss song called "Tall Midget." The tune's hook ("Industry rule number 100 is funny, tall midgets get short money.") pretty much sums up his feelings of his still current group member considering they still have paid dates in May that they are obligated to perform at.  In the two verse, two minute song, Treach also alleges that he has been Vinny's ghostwriter, claims Naughty Gear clothing line was to "throwing him a bone" and clowns his weight, saying he is "a bagel away from Barney."