Dr. Dre Sells 51% of Dre's Beats Electronics To HTC For $300 Million

most viewed right now
 90
Image(s) inside 🐰 Perfect Snowbunny.IMPOSSIBLE DECISION🐰
52 comments
@thotsdimesetc
most viewed right now
 77
Video inside Stalley Reveals That He Used To Babysit Trippie Redd
17 comments
@hiphop
most viewed right now
 67
Video inside Some chick tossed her drink on Boxdens Favorite mayonnaise Queen.
56 comments
@wild'ish
most viewed right now
 53
NBA SI 'POST COMBINE' 2018 NBA Mock Draft
28 comments
@sports

section   (0 bx goons and 1 bystanders) Share this on Twitter   Share this on Facebook
 

Props Slaps
 08-11-2011, 01:43 AM         #1
7289 pageviews
48 comments


Millerionaire87 
space
space
space
$n/a | Props total:  
Dr. Dre Sells 51% of Dre's Beats Electronics To HTC For $300 Million
 

 

[pic - click to view]



(AllHipHop News) Super producer Dr. Dre and his company Beats Electronics will sell a 51% stake of the company to Taiwanese telephone maker HTC for $300 million dollars.

Beats Electronics is a venture between Dr. Dre, Jimmy Iovine and Interscope Records.

The company specializes in making high end headphones, which are customized for a variety of pop stars, who sell them to their fan base.

In addition to the Beats by Dre line, Beats Electronics has made headphones for artists such as Lady Gaga, Justin Bieber and others.

According to the Wall Street Journal, the company was acquired to improve the sound quality on phones, music, video games and movies for HTC.

“This will give us opportunity to innovate,” HTC Chief Executive Officer Peter Chou said.

Dr. Dre and Jimmy Iovine will continue to run Beats Electronics.

“When Jimmy and Dre started this, they had a very specific vision of what Beats would be,” said Beats Electronics president Luke Williams. “It wasn't about headphones, it was about fixing the degradation of sound.”


[pic - click to view]

 AllHipHop.com Daily News - : HTC Acquires 51% of Dre's Beats Electronics For $300 Million

48 comments for "Dr. Dre Sells 51% of Dre's Beats Electronics To HTC For $300 Million"

 08-11-2011, 01:46 AM         #2
Satire  OP
space
space
space
$n/a | Props total:  
thats a lot of money
 08-11-2011, 01:47 AM         #3
Millerionaire87  OP
space
space
space
$n/a | Props total:  
 Satire said:
thats a lot of money
ALOT !!!!!....him and jimmy madd rich now...so i guess Dre gon be #1 on the Forbes List next year
 7 years ago '08        #4
Arson 84 heat pts84
space
avatar space
space
$41,575 | Props total: 27803 27803
they updated the story

Dre also said that Detox was postponed indefinitely stating, "300 Million gives me free reign to not give a fu*k"
 7 years ago '06        #5
STILL.DETOX|m 705 heat pts705
space
avatar space
space
$11,582 | Props total: 23 23
 7 years ago '10        #6
Fly Elroy 321 heat pts321
space
avatar space
space
$19,394 | Props total: 475 475
daaaaamn

dre breaded up. how much outta that 300 mil he gettin tho since its a joint venture with jimmy iovine?
 08-11-2011, 01:56 AM         #7
KillahhCamm  OP
space
space
space
$n/a | Props total:  
:agreement6: huge move by Dre, HTC+Beats gon be a crucial combo
 7 years ago '06        #8
Hussle 36 heat pts36
space
avatar space
space
$4,708 | Props total: 255 255
300mill? is that all into his pocket or??
 08-11-2011, 02:00 AM         #9
Millerionaire87  OP
space
space
space
$n/a | Props total:  
 ondatpurple said:
daaaaamn

dre breaded up. how much outta that 300 mil he gettin tho since its a joint venture with jimmy iovine?
well him and jimmy are the front runners of the brand but you know that they have ALOT of hands involved with the whole beats by dre products so dont think that dre and jimmy splitting 300 mil 50/50...but best believe he gon walk away at atleast 50mill or even more...who knows !
 08-11-2011, 02:02 AM         #10
Millerionaire87  OP
space
space
space
$n/a | Props total:  
 Hussle said:
300mill? is that all into his pocket or??
come on mann think logical for once...you know damn sure 300 mill aint going in Dre pockets !
 7 years ago '04        #11
killadre 230 heat pts230
space
avatar space
space
$20,884 | Props total: 17267 17267
So Beats electronics is worth $600 million dollars? Damn...
 08-11-2011, 02:04 AM         #12
Millerionaire87  OP
space
space
space
$n/a | Props total:  
 Dat n*gga87 said:
So Beats electronics is worth $600 million dollars? Damn...
i guess...that sh*t is world wide !
 7 years ago '06        #13
Hussle 36 heat pts36
space
avatar space
space
$4,708 | Props total: 255 255
 Millerionaire87 said:
come on mann think logical for once...you know damn sure 300 mill aint going in Dre pockets !


well the thread title was "DR.DRE sells 51% to HTC for 200mill"


so i a.ssumed Dre pocketed 300mill
 7 years ago '10        #14
Rebirth46 60 heat pts60
space
avatar space
space
$4,065 | Props total: 1285 1285
dre gon get like 70-80mil of that sh*t and still got 49% of the company yup I would say fu*k Detox or better yet pay Jay and snoop to write the whole album and have storch piano over my drums and call it a day.......................DreDay
 7 years ago '10        #15
Shhon 861 heat pts861
space
avatar space
space
$19,635 | Props total: 24451 24451
 Dat n*gga87 said:
So Beats electronics is worth $600 million dollars? Damn...
 7 years ago '10        #16
LORD PLISSKEN 15 heat pts15
space
space
space
$21,015 | Props total: 8032 8032
 7 years ago '09        #17
ShadyVsEminem 248 heat pts248
space
avatar space
space
$22,137 | Props total: 7134 7134
 Millerionaire87 said:
i guess...that sh*t is world wide !
Exactly, i dont know if the headphones are good or bad but they are very popular and they are expensive so its bound to be a company thats worth a fair bit of money. Its one product having a big name attached definitely helped
 7 years ago '06        #18
SM 39060 heat pts39060
space
space
space
$133,667 | Props total: 87681 87681
:wow:
 08-11-2011, 06:23 AM         #19
deLeet  OP
space
space
space
$n/a | Props total:  
This sh*t cray!!
 08-11-2011, 06:30 AM         #20
Silver N Black  OP
space
space
space
$n/a | Props total:  
damn! I remember when I first read that Monster was teaming up with jimmy & dre (about 2007). Then Interscope started to pimp all their videos with Beats headphones.

Dre won.
Home      
  
 

 






most viewed right now
 29
Image(s) inside Mother of Three
78 comments
2 days ago
@thotsdimesetc
most viewed right now
 22
Ms Vicky gives my blicky a stiffy with them titties
64 comments
1 day ago
@thotsdimesetc
most viewed right now
 18
DJ Akademiks bullies 9 year old into apologizing
96 comments
2 days ago
@hiphop
most viewed right now
 11
Video inside Russians catching up on the the Culture too now, Jheeeeeeeze!!
69 comments
2 days ago
@thotsdimesetc
most viewed right now
 10
Image(s) inside Biggest fall off in music industry history :tylereww:
108 comments
1 day ago
@thotsdimesetc
most viewed right now
 9
Image(s) inside New Air Jordan 10 Inspired by Russell Westbrook's High School Days
9 comments
2 days ago
@gear
most viewed right now
 9
May 20 - gas is now $3 a gallon on average
111 comments
2 days ago
@news
most viewed right now
 6
Video inside I’ll take “things a brotha wouldn’t do” for $200 Alex
157 comments
2 days ago
@wild'ish
back to top
register contact Follow BX @ Twitter Follow BX @ Facebook search BX privacy