SCHUSSER TO OVERSEE BEATS AT APPLE

Apple Music head Oliver Schusser will add oversight of Beats to his growing responsibilities at Apple. Schusser will replace longtime Beats President Luke Wood, who will be departing the top spot at the headphone maker on 4/30.

Though the move has not yet been announced by Apple, Apple SVP Internet Software and Services Eddy Cue notified employees of the change in a recent email:

"In the last year, Luke Wood told me about his desire to do something new. I appreciated the heads up so that it allowed us to plan for this transition," said Cue in his note to employees, according to CNET.

"Since taking on the Apple Music business a little over a year ago, Apple Music has achieved steady growth under Oliver's leadership. He's passionate about music and the Beats brand," Cue continued, affirming that Apple remains "committed to the Beats brand and the importance of maintaining its role firmly in the music portfolio."

Schusser will also continue to run Apple Music and International Content, reporting to Cue.

Beats' headphone business is part of Apple's Wearables, Home and Accessories category, which includes the Apple Watch, the third-biggest category for revenue at Apple behind the iPhone, and second-largest category Services which includes Apple Music.