Apple to buy Beats Electronics/Music, Dr Dre becomes worth $800m

Dr Dre-founded Beats Electronics looks set for takeover by Apple

Dr Dre's Apple deal will make him the richest man in hip-hop

"Apple is closing in on a deal to buy headphone manufacturer Beats Electronics for $3.2bn (£1.88bn), it has been reported. It would be the California company's largest ever acquisition."

"The rapper and producer has made headphones cool again. Now selling his stake in Beats Electronics will give Dre a personal fortune of $800m."

"the good doctor is presently worth $550m. He co-founded Beats, but last year Carlyle Group acquired a minority shareholding for $500m. His present stake is thought to be somewhere between 20 and 25%. Which means? That after the sale – and after tax – Dre will be worth $800m; ahead of Diddy and Jay Z, but some way shy of his first billion."

meanwhile grado has to live in a hollowed out walrus torso or something

nah I'm sure he does well enough but fuck everyone

to be fair sennheiser was a nazi right

also shit buys shit for a shitton of cash

  On 5/9/2014 at 9:50 PM, Ragnar said:

meanwhile grado has to live in a hollowed out walrus torso or something

 

nah I'm sure he does well enough but fuck everyone

to be fair sennheiser was a nazi right

Sennheiser was a nazi???

Fuck!!

*Throws HD 25's across the room in a fit of rage*

Not even a scratch.

  On 5/9/2014 at 10:00 PM, zkreso said:

 

  On 5/9/2014 at 9:50 PM, Ragnar said:

meanwhile grado has to live in a hollowed out walrus torso or something

 

nah I'm sure he does well enough but fuck everyone

to be fair sennheiser was a nazi right

 

Sennheiser was a nazi???

 

Fuck!!

 

*Throws HD 25's across the room in a fit of rage*

 

Not even a scratch.

 

supposedly he did codebreaking or whatever for the nazis, and he did the sound system for the berlin olympics??

maybe he just wanted the music at olympics to be right lush tho

legit LOL at Ragnar

  On 5/9/2014 at 10:04 PM, Ragnar said:

 

  On 5/9/2014 at 10:00 PM, zkreso said:

 

  On 5/9/2014 at 9:50 PM, Ragnar said:

meanwhile grado has to live in a hollowed out walrus torso or something

 

nah I'm sure he does well enough but fuck everyone

to be fair sennheiser was a nazi right

 

Sennheiser was a nazi???

 

Fuck!!

 

*Throws HD 25's across the room in a fit of rage*

 

Not even a scratch.

 

 

supposedly he did codebreaking or whatever for the nazis, and he did the sound system for the berlin olympics??

 

maybe he just wanted the music at olympics to be right lush tho

 

He was concerned about the nulls.

This is for the streaming service, right? Since iTunes purchases are sliding?

Or:

"When your album sales wasn't doing to good, who's the doctor they told you to go see?" - Andre Young

Now that Apple owns his company, does this mean Detox will come out... Lololol

Has it been officially confirmed? I thought it was just rumours/posturing at this point...

HTC couldn't do much with Beats... I wonder what Apple sees in it.

Beats are shitty, overpriced headphones, right?

  On 5/9/2014 at 11:24 PM, Joyrex said:

Beats are shitty, overpriced headphones, right?

Remarkably so. But their popularity with college students, high schoolers and middle schoolers is astounding. It's a dudebro fashion statement, but it also indicates you know nothing about headphones.

  On 5/9/2014 at 11:24 PM, Joyrex said:

Has it been officially confirmed? I thought it was just rumours/posturing at this point...

 

HTC couldn't do much with Beats... I wonder what Apple sees in it.

 

Beats are shitty, overpriced headphones, right?

Indeed. I couldn't live with myself if I ever endorsed such a shit product. Thank fuck i'm not famous

Meh, I'll stick to my Deats by NANI.

I have pink audio technica ath-ad700 and they look rifuckingdiculous. Like George Jetson designed them on crack. How can I attract a suitable mate wearing those things, man??!!! This is where beats by dre comes into play for some people I think maybe sorta.

Good for Dr. Dre.

So I stumbled across some of said headphones in my local stockist the other day, I immediately plugged them into my player. HOLY S**T they are poor!

I mean I found them just slightly (and I do mean just ever so slightly) above the free ones you get with your average MP3 player. And they were charging £130 for the cheapest ones. I mean wtf! It appears to me apple are going down the form follows function route these days.

$3.2 Billion for nothing more than a fashion statement. Blimey!

shocking scam level headphones, they remind of the headphone equivalent of the 'white van speaker scam'. They have a nice looking 'pro' looking shell and nothing else, the capsules are horrid.

  On 5/9/2014 at 10:35 PM, Candiru said:

Now that Apple owns his company, does this mean Detox will come out... Lololol

no. that was part of what apple bought. it was limited to 1 copy and game inside a black chrome headphone set. now hopefully, apple puts it on sale and we can kickstarter for a digital copy

seems like this is probs why:

http://www.macrumors.com/2014/05/09/drdre-and-jimmy-iovine-to-join-apple/

one of those products apple buys for some component (i dunno if they've done people before!) and (hopefully) dumps the product. oth, people buy that shit, they must be making huge margins and they do us all a service in cluing us in to likely has more money than taste from a distance. like the new tribal tattoos.

I would buy beats by Tempa T

Hey, remember when Dre "beat" the living shit out of Dee Barnes because she interviewed Ice Cube?

  Quote

Forbes pegged Dr. Dre's net worth last month at $550 million. Let's assume he does own 25% of Beats. That stake would have been worth $250 million before the Apple deal chatter, leaving Dre with about $300 million from other investments and ventures, such as his music career.

If Apple does purchase Beats for $3.2 billion, then Dre's presumed 25% stake would be worth $800 million. Add that to his $300 million in non-Beats assets and the rapper would be worth $1.1 billion.

why is this such a big news? i see it everywhere