Apple in Talks With Dr. Dre For $3.2 Billion Beats Deal

05/12/2014
.
(Radio.com) Dr. Dre is closing in on bona-fide billionaire status. The Financial Times (via The Washington Post) reports that Apple's purchase of Beats Electronics is "imminent." The price tag? $3.2 billion; Dre and his partner, Interscope Records head Jimmy Iovine will share about $1.3 billion from the sale, if it goes through.

This bit of news surfaced in a somewhat unconventional manner, via a video that Tyrese Gibson posted to Facebook on Thursday (May 8). The post has since been taken down, but a few versions are still on YouTube.

"Oh, s***, the Forbes list just changed!" he announces, with a clearly happy Dr. Dre behind him. "It came out two weeks ago, they need to update the Forbes list, s*** just changed!"

"In a big way!" Dre adds. "The first billionaire in hip-hop, right here from the motherf*****' west coast!" more on this story

Radio.com is an official news provider for antiMusic.com.
Copyright Radio.com/CBS Local - Excerpted here with permission.

advertisement

Dr. Dre CDs, DVDs and MP3s

Dr. Dre T-shirts and Posters

Share this article
Share on Facebook Share on Twitter Share on Google+ Pin it Share on Reddit email this article


...end


advertisement



Follow Us:

Contact Us - Privacy - Why we are antiMusic

Copyright© 1998 - 2017 Iconoclast Entertainment Group All rights reserved.

Please click here for legal restrictions and terms of use applicable to this site. Use of this site signifies your agreement to the terms of use.