Reuters says that Tim Cook, Eddie Cue, Apple’s VP of Internet Software and Services and a leading figure in the development of Apple’s iTunes Music Store met with Jimmy Iovine, record mogul and CEO of Beats audio, late last month. Multiple sources close to the action said that the discussion pertained to an upcoming music subscription service from Beats called "Project Daisy". Tim Cook was apparently very interested in the business model and rollout plans fro Daisy.The report from
Beats announced Project Daisy in January, but there are no specifics on when the service will launch. Apple has also been rumored to be working on a music streaming component to iTunes, but those rumors have been few and far between since the original rush.