Beats Electronics Music Streaming Launch Imminent, Says Report

Los Angeles-based Beats Electronics, fresh off of a big investment from The Carlyle Group, is getting set to launch its new music streaming service, according to a report Monday. TNW, citing Beats Electronics' President and COO Luke Wood, said Beats Music is set to launch within the next month, and will offer up streaming on the Web, iOS, and Android. Beats has been working on the music streaming service since last year, acquiring existing music streaming service MOG, and hiring Topin/Yahoo Music's Ian Rogers to head the new venture.