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Actually, yes, Iovine & Dre were worth the $3 billion. Apple didn't buy Beats for the headphones or streaming technology.
They bought it for their access to the music industry. Who else would give you a foothold into the music industry when you're looking to build your own music streaming service? There's not many other power players that would.
Please stop spreading the FUD about Background App Refresh. iOS does a very good job of deferring background requests until the radios are already on (ie, the user has woken up the phone and is connected to the internet).