Gallery: Bob Dylan's entire catalog of songs sold to Universal Music (dw. com)Iovine is to use the funds to build a high school in inner-city Los Angeles.
Mercuriadis said: “While barely in my teens I noticed that so many of my favourite albums had one name in common. The best albums by John Lennon, Bruce Springsteen, Patti Smith all had Jimmy Iovine on them.
This continued through the 80's with Stevie Nicks, Dire Straits, U2, Simple Minds, The Pretenders and more. ”He added: “Leave it to Jimmy to figure out the most efficient way possible to use his producer royalties to build a best in class high school in the inner city and once again make a massive difference.
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