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

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 08-12-2011, 04:24 AM         #41
jawilksu  OP
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now we gonna have beats by dre speakers in our htc phones first found with quality surround sounds legit
 7 years ago '07        #42
Ham Rove 3520 heat pts3520
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 Hussle said:
well the thread title was "DR.DRE sells 51% to HTC for 200mill"


so i a.ssumed Dre pocketed 300mill
you're not factoring in his agents cut (if he has one im sure he does) and not to mention taxes.
 08-12-2011, 05:21 AM         #43
Old Man Quillis  OP
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This is why black men don't own sh*t. So quick to sell out for a dollar.
 7 years ago '07        #44
cankstoochie 48 heat pts48
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nice move by dre. he'll probably pocket close to a 100 milli, judging by the fact 50 sold his stake for 400 milli and pocketed 100 milli.

looks like he will not have any attachments to the company as far as major decision making?
 7 years ago '04        #45
Hood_Rich 7 heat pts
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yea this man not worried bout Detox at all, lol
 08-12-2011, 08:13 AM         #46
Shakespeare  OP
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Who valued the company at around 600mil? Someone should've ran an audit
 7 years ago '06        #47
Malcolm 34 heat pts34
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 palogee said:



This is why black men don't own sh*t. So quick to sell out for a dollar.
Business is business. Had Dre held onto it he might not have reached the next level with it. The headphone game is getting way oversaturated as everyone and their mother is coming out with a pair of cans these days. Very smart move on his part because I guarantee the company wouldn't have been worth as much in a couple years. And he still owns 49% with his partners. This deal allows them to expand and build the company. The real reason black men don't own sh*t is because when it comes to business most don't know when to say when.
 7 years ago '05        #48
DymeKatcha 6 heat pts
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Damn and it still has 49% stake... good sh*t.. He came up like J and 50 and Ditty..
 08-12-2011, 09:46 AM         #49
Gho5t  OP
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dre gets 175 million according to another article i read.
 08-12-2011, 10:09 AM         #50
DrX  OP
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thats alotta money...the product will die in a few years...its smart to cash out now
 7 years ago '09        #51
Dice 9 heat pts
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Dre came up off of these over priced headphones
 7 years ago '09        #52
Jacc Blacc 56 heat pts56
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 Shuttaman said:
Wai a min

NOOOOOOOOOOOOOOOOOO
THEY WONT MAKE THEIR sh*t APPLE COMPATIBLE
FUKKK
maybe they'll make it droid compatible

htc for the win!!!!
 7 years ago '08        #53
gagethedesigner 16 heat pts16
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damn i planned on copping some beats soon. guess i'll wait for the new line to drop.
 7 years ago '04        #54
nitetrain8601 23 heat pts23
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Smart. Headphone market is becoming oversaturated. There's Diddy's beats, 50's beats, Ludacris, Jay-Z.
 08-12-2011, 12:17 PM         #55
youngnthuggin26  OP
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I thought they were using the proceeds and Dre and Jimmie iovine were getting 51% of the profits from HTC for the hardware sales on the phones???
 08-12-2011, 12:28 PM         #56
g.o.a.t91  OP
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HTC products are about to have amazing sound. They should start with revamping the Evo 3D, the speaker is horrible.
 7 years ago '06        #57
Big Bear 20 heat pts20
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Dr.drew won and we all lost
 7 years ago '09        #58
ShadyVsEminem 248 heat pts248
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 lifesabeach said:
Who valued the company at around 600mil? Someone should've ran an audit
The technology will be implemented into mobile phones and thats a fairly lucrative market with all these idiots changing phones every few months
 7 years ago '06        #59
Icee 34 heat pts34
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This is why DETOX will never come out....
 7 years ago '09        #60
ShadyVsEminem 248 heat pts248
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 youngnthuggin26 said:
I thought they were using the proceeds and Dre and Jimmie iovine were getting 51% of the profits from HTC for the hardware sales on the phones???
No they paid the 300mil for a 51% stake and Jimmy and Dre will still get a share of the 49% of the companies profits from now on, biggest deal a rapper has done basically
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