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Music mogul Jimmy Iovine shot down rumors that he plans to exit Apple in August telling Variety that he’s committed to staying on the team and helping the company get music streaming right. “I am almost 65, have been with Apple for four years and in 2 1/2 years the [Apple Music] service has gotten to well over 30 million subscribers and Beats has continued its successful run. But there’s still a lot more we’d like to do. I am committed to doing whatever Eddy [Cue], Tim [Cook]

Several sources are reporting that RUSSELL SIMMONS is stepping down from his companies. SIMMONS, the founder of DEF JAM RECORDINGS and current CEO of RUSH COMMUNICATIONS, has announced the move after accusations of harassment and sexual assault became public. SIMMONS released a statement TODAY (11/30) after screenwriter JENNY LUMET accused him of forcing her to have sex with him in 1991. "I have been informed with great anguish of JENNY LUMET's recollection about our night to

RADIO ONE Top 40/Rhythmic KBFB (97.9 THE BEAT)/DALLAS has flipped its on air line-up and has debuted a new morning show, VEDA LOCA IN THE MORNING. Joining VEDA LOCA on the morning show will be former night host J KRUZ and a member of KBFB mixing team, DJ KAYOTIK. KAYOTIK will produce the show and mix. A new voice to KBFB and rounding out the morning show is JAZZI

REPUBLIC RECORDS adds iHEARTRADIO SVP/Programming Integration SHARON DASTUR in the role of SVP/Promotion, as announced today by EVP/Promotion GARY SPANGLER and REPUBLIC GROUP Pres. CHARLIE WALK. DASTUR will oversee promotion across all formats for REPUBLIC RECORDS and its strategic partners.