Episode 34: Jimmy Iovine, the legendary music executive and co-founder of both Interscope Records and Beats Electronics, on his compatibility with Dr Dre, the dinner with Steve Jobs he’ll never forget, and his advice to young entrepreneurs

Boardroom Talks

Boardroom Podcast Network

Business, Entrepreneurship, Sports

4.4 • 620 Ratings

🗓️ 24 March 2021

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jimmy Iovine’s legendary story was well-chronicled in HBO's 2017 docu-series, The Defiant Ones, but his impact on modern music, the media business, and technology continues to amaze. From his modest origins in Brooklyn, he worked his way up to legendary status as a music producer, working with artists like Bruce Springsteen and John Lennon, then later co-founding Interscope Records where he nurtured artists like Tupac Shakur, Eminem, as well as a subsidiary label, Death Row Records. Iovine would go on to partner with Dr Dre on Beats by Dre, which evolved into Beats Electronics, which was famously sold to Apple for $3 billion in 2014. In this special episode, previously recorded for Boardroom University, Iovine talks about his first music job as a janitor in a recording studio, the time Steve Jobs diagrammed the hardware business for him on a dinner table, his admiration for former Disney exec, Bob Iger, and why the program he and Dr Dre are launching is poised to empower under-served high school students by emphasizing the importance of both technology and design. *The Boardroom University event was recorded on March 10, ’21, and co-sponsored by USC Annenberg, and USC Iovine and Young Academy.

Transcript

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0:00.0	What's up everybody? Welcome to another boardroom out of office podcast. A little different today. I don't have my man Gianni with me. We got him down with some allergies. Not a cold. Nothing else. Nothing serious. Just some allergies. And his voice sounds crazy. Sneezing a lot and shit.
0:27.4	But today wasn't going to be about GNI anyway because last week I had the honor of interviewing Jimmy Iveen as part of our boardroom university program and we did it at USC.
0:33.0	And I was nervous, to be honest with you.
0:34.8	I mean, as nervous as I get because he's somebody that since I knew what I wanted to do or who I nervous to be honest with you. I mean, as nervous as I get, because he's somebody
0:37.7	that since I knew what I wanted to do or who I wanted to be,
0:42.0	it was him that I kind of aspired to and him that I held in this
0:45.6	and still do hold on this pedestal of greatness
0:48.8	because he was able to do it his way.
0:50.6	He was able to impact art and music and culture in in in so many ways his partnership
0:57.2	with dray is something that kevin and i are enamored by and obviously defiant ones was a legendary
1:03.1	documentary that really planted the two of them in that kind of rarefied air so i'm going to run
1:10.0	the tape on last week's interview,
1:12.8	and I hope everybody enjoys.
1:14.7	There's some student questions in there.
1:16.8	So without further ado, please listen to podcast number 34,
1:21.6	in honor of my man Charles Oakley,
1:23.5	and I hope everybody enjoys.
1:26.0	Jimmy Iveen, Boardroom University. What's up everybody and welcome to Boardroom University at USC, presented by Pepsi.
1:34.3	I want to thank USC for helping us bring together this group, specifically the USC Annenberg School and the Dean Willow Bay.
1:43.3	And a big thanks to the USC Iveen and Young Academy,
1:46.4	which we will get into a bit later. So to our guest and the reason why we started Boardroom
1:51.9	University, our guest is Jimmy Iveen and he's somebody that co-founded Interscope Records.
	...

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