Apple Reportedly Purchasing Dr. Dre’s Beats Electronics For $3.2 Billion

    Apple is set to purchase Beats Electronics for $3.2 billion, according to gizmodo

    The site says that the sale of the company owned by Dr. Dre and Jimmy Iovine would make Dr. Dre approximately $1 billion.

    Terms of the deal would result in Apple also owning Beats Music, the Beats Electronics music subscription service launched this year that provides similar services to Apple’s iTunes Radio.

    If the deal goes through, it would be the biggest acquisition in Apple’s history. It would also go against the policy of Steve Jobs, the company’s co-founder, who died in 2011 and who CNBC says “was reluctant to pursue high-profile acquisitions.”

    The deal is still in the negotiations process, according to CNBC, but it could be announced as early as next week, if the final deal points are ultimately agreed-upon.

    RELATED: Dr. Dre & Jimmy Iovine’s Beats Music Now Available

    150 thoughts on “Apple Reportedly Purchasing Dr. Dre’s Beats Electronics For $3.2 Billion

      1. SMS Audio is on the come up too, got a deal to make audio related products for Disney and Star Wars.

    1. Daaaang, so if the deal goes through, Dre will be hip hop’s first billionaire, surpassing Diddy.

    2. Run with Jews and you end up rich, run with dumb niggas in the hood and end up dead or die of AIDS like Eazy-E.

      1. How is this racist? The avg. income of Jews in America is relatively high, the life expectancy of people who live the street life (regardless of race) is relatively low. That’s just some real talk.

    3. Dre can thank my boss, Birdman, for brokering this deal. Since the death of Steve Jobs, Birdman has been pulling the strings over at Apple becuase he is the largest equity holder.

    4. That sounds sketchy, how many times is Dre going to sell beats ? Didn’t he just recently get a big cheque from the sale of the same ? How did he end up with a net-worth of $550 million ?

      1. With the great success and sales of the headphones idiot. Now he is selling the company, not the same thing.

      2. the sold percentage of their stocks. Then exercised their option to buy it back. Very simple.

    5. oh look a Bisexual and a gay man together making billions of dollars and pimping out communities

    6. Why people feel sorry Jay-Z and Diddy, I ain’t gonna be crying if I had over $500 million.

    7. Suge Knight was going in on this nigga and Jimmy Iovine the other night. I saw a video. He also threatened to knock Rick Ross out and play with his tittys! No lie.

    8. 1. Beats are overrated. My aunt (rip) got me a pair for christmas one year, and they had to go back. So much bass you can’t hear the lyrics (I’m one of those old timers who prefers lyrics over production), and…

      2. Dre better start doing some more charity work. How many cats come up in the game talking about “people don’t look out for us in the hood, all these rich people… blah, blah”, but then they get greedy with the cash.

      3. 50’s jealous right now. lol

      1. “So much bass you can’t hear the lyrics”

        That’s the main reason why I love these headphones.

    9. I guess he can use some of this cash to clean up all of those bodies he’s been leaving on Greenleaf with their heads cut off.

    10. You deserve it. I really hope this deal goes through. Assuming that’s what you want and you end up winning. I wish you and the other few rich brothers and sister sit together and come up with a clear plan to change the trend of what is passing for “hip hop” nowadays. From “I got bitches, I bang, I sell keys, I got a lambo” TO “F the system, smarten up and drugs are for suckas regardless of the fancy names your hood has for them”. Bringing conscious and meaningful style back would be the best thing our super rich Dres and the Diddys can do for the community. What better way to give back but to change back the trend and stop the destruction of our people. To those that love that gangsta and trap shhh, you will still get shhh, all I am saying is, it should not be mainstream hip hop. Some of you will clown and some of you will disagree, it’s cool. Fortunately for you, they are too concerned with becoming the first billionaires and giving a f76k about the culture and the race is sooo 90.

    11. Hmm.. you know who I can see liking this deal. besides Dre.. 50 cent. He was able to get in the headphone game and make a respectable impact, right after Dre. Personally I think the SMS sound quality far exceeds Dre Beats. If Fif plays it right.. he could do a deal with Samsung.. and cash out just the same.. especially if that Star Wars line blows up. Companies are eager to work with HipHop entrepreneurs because they clearly see our influence on world culture.

      Same Reason why the Cheerios Bee is posing on the new Cheerios box in a BBoy stance. Which was originally the stance of the 5 percenters. They probably don’t even know that .. or don’t care. It’s Money.

      Build your Brand my people.. It’s out time.

      CS Brand Apparel 2014 .. #WisdomMechanics

      1. Definitely. Hip Hop is everywhere. Even songs like Royals by that ugly white hoe is Hip Hop. Black music is the foundation of this country. If you think about it, Europeans are only responsible for “classical” music (and even this “fact” is up for debate). But in the US, Jazz and Blues are the foundation of this country. Everything other genre is just an extension of that (“Country”, “Rock”, etc).

      2. honey nut cheerios ain’t in uk?

        either hard to believe or you don’t go grocery shopping

    12. SMS audio next fam!

      SMS what? GTFOH with that wino set.

      Gucci Mane about to buy that shit for Z$10.5billion Zimbabwe dollars.

    13. My last pay check was $9500 working 12 hours a week online. My neighbour’s sister has been averaging 15k for months now and she works about 20 hours a week. I can’t believe how easy it was once I tried it out.
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      1. But what is his motivation for even making an album? To get another million dollars? Id say fuck it and retire. If he releases detox and its not as good or close to as good as the chronic it will also hurt his music legacy. its too much risk and he dont need the money. id like it to come out too but i dont see it happening ever

      1. This is illegal. We’ve tracked down your location and are on our way to arrest you. Hope you learn a good lesson from this.

    14. How the hell is this company worth 3.1 billion?

      The present revenues would have to be over $100 million for it to make sense.

      That’s alot of fucking headphones, I doubt they are much different than any other headphones available.

      Either way, good for dre. Maybe blacks will learn Obama’s anti-capitalist message is blocking progress like this.

      1. apple has music and patents to monopolize and small tech won’t be able to make a mark dumbass

        that’s not progress

      2. A black man getting very rich isn’t progress?

        That’s the entire democratic voting point – that only old white men are rich.

        My point was private sector entrepreneurship creates progress for everyone, which obama seems to hate

      3. It is bruthadee, he puts spaces between his sentences, I have studied his posts for years and recognize his posts. When he forgets to add his name to his posts I add his signature as his male
        Secretary and his accountant.

      4. Stupid Americans not understanding economy.
        The only way Our modern economy and political systems will work in the longterm is a light teoretical communism.
        taxes is important for a nation to survive.

      5. no idiot, one brother getting paid while the rest of us get hosed by the system is NOT progress

        but you think 3.1b is for headphones, obviously don’t know wtf you’re talking about

        like that anti sh*t, b.o. was giving tax breaks and 8k for new hires for small business, which is the ONLY rise in labor since 2008

        you listening to them corporate con-men tell you he’s destroying things, when their profits are the highest in 40 years and their ceo’s tell us no raises and more layoffs while they take home million dollar bonuses

        stupid ass

      6. Black unemployment is at an all time high under Obama and you all are dumb enough to keep following him.

        No wonder africa is such a shithole, you vote on emotions instead of results

    15. “My point was private sector entrepreneurship creates progress for everyone, which obama seems to hate”

      You got Obama confused with Nicolas Maduro

      1. apple products are worth it, have you ever owned one for a long time? they are made with high quality parts and last much longer, get a job if you cant afford them and buy those cheap plastic shitty samsung phones made in korea

      2. “apple products are worth it, have you ever owned one for a long time? ”

        No I haven’t owned one for a long time because they always break after less than a year and have to be sent back and replaced by the warranty.

      3. samsung phones aren’t cheap, and the build quality is as good as anything apple can come out with, they’re both great, just go with what you like, but you sound ignorant when you put one over the other when it simply isn’t true

    16. Fiddy made as fuck right about now LOL and Jay is salty as fuck, right now, he wanted to be the first rapper billionaire bwahaha!

      1. Why be salty at a guy that came in the game since 1984? That’s 30 years of grinding.

      2. 50 is probably happy for his big homie/mentor and see the possibilities if he keeps grinding.

    17. I wish I owned beats and was selling it to apple to make me a billionaire but I don’t own it, I don’t own barely anything and I’ve got barely any money, if only I had created beats

    18. my favorite rappers. fuck what you think. im still an intelligent nigga. fuck Dr. Dre!

      1. Lil Wayne
      2. Young Thug
      3. Drake
      4. Chief Keef
      5. Lil Durk
      6. Rick Ross
      7. French Montana
      8. Wiz Khalifa
      9. Future
      10. Ty Dolla Sign

      #TOP5 #BEST #RAPPERS #2014 #REAL #AGE25

      1. jackadondy:

        i love you so much i’m you’re fan in drc congo i’m also a raper there my dream is to meet you one day and rap with you if you need more about me please contact me in my page facebook mr daniel jackadondy there you know many thing about me my phone number is +243816070834

    19. More like $500 million in Apple shares, $100 million in Beats shares and the rest in cash. So, $400 million minus $140 in taxes. Seems like Dre is going to at least have $275 million extra dollars. His little brother is dead and so is his legitimate son. I know that it hurts him, but money does probably help.

      1. Hey stupid.

        All the number forbes put out every year is the amount of money people are WORTH not how much they own in cash.
        Even if Dr. Dre gets $500 million in shares it still is $500 million he gains. Do you really think that Diddy has $700 million cash in the bank? Off course not. It is all his companies shares and interests combined. And if he were to sell everything according to the current market price he would have that.

        Reality check my ass!

      2. Wrong you filthy dog, the Forbes HipHop Cash Kings list is based on accumulated income earned the year before you filthy animal.

      3. Let me apoligize for using forbes every years numbers then.
        The point is that when being said they are worth $500 million it means that that isn’t only cash in the bank. Furthermore If Diddy made $50 million last year for example that could mean that for example his shares in Ciroq became worth 10 million more. That is included.

        The point Reality check made was that he wasn’t getting $1 billion but maybe shares etc. Well it is still money and included in the $1 billion price check. Just not 10.000.000 $100 bills.

      4. No details has been disclosed of this mega-deal yet. An announcement is expected next week after the deal is finalized.

    20. Well finally Dr Dre has money so he can do something for the poor people because he also was once poor.

      thank you dre

    21. what happen in 97,crazy things do happen
      son bich sitting in room by window grab my hand threw window drag him to jason woods .has leather face wtch mask on start throwing son bich on floor

    22. put leaher face witch mask on start throwing son bich on tress out he sicker hey sicker

    23. Dr Dre and Jimmy Iovine begged 50 Cent to join them and invest in Dre Beats but 50 Cent said he refused
      to go into business with another N*gger in reference to Dr Dre.

      50 Cent was so envious and hateful about Dr Dre’s success with DreBeats that he decided to create a rival Headphone line to compete with Dr Dre.

      Karma is a cruel bird and 50 Cent hired rogue designers to steal their designs from another company and eventually 50 was caught and sued and subsequently lost a 16 million dollar lawsuit to a rival company for his theft.

      Dr Dre will be HipHops first Billionaire and he did it with the genius idea of designer headphones and he never allowed SMS audio to discourage him from his dream, Dre believed in himself and his product and now everybody who invested in DreBeats stock is going to make a lot of frickin money!!!

      Salute the Doctor!!

      1. What are you talking about, do you know the idea for beats was created by Will-i-am. He brought the idea to jimmy, so where are you getting this information from?

    24. It’s a amazing that someone as talentless as Dr. Dre becomes a billionaire, only in AMERIKKKA. He doesn’t write rhymes, he hires people to produce tracks for him. He didn’t design “his” headphones, actual designers did. He’s spent decades spewing ignorant bullshit about “gangbanging” and “fucking hoes”. All this dude cares about is money and has done squat to help his own community.

      This guy is fraudulant Whitewashed, roided up, piece of shit.

      #BGS2014 #eminemisthewhitedevil #dontbesurprisedwhendreconvertstojudaism
      #bothchronicssuck
      #thereisnodetox
      #hewouldhavesoldhisownchildrenintoslaveryforadollar
      #hesdonatedmoretothezionistcausethanhispeopleinamerica

      1. RACIST COMMENT….RACIST COMMENT …..WHITE FOLKS MAD …ILOVE IT ANOTHER BILLONAIRE BLACKMAN HAHAHAHAHAHAHAHA AM ALSO A BILLONAIRE IN AFRICA AND I LIVE BETTER THAN ALL YOU WHITE FOLKS …DIE BITCHES

    25. Dr Dre and Jimmy Iovine begged 50 Cent to join them and invest in Dre Beats but 50 Cent said he refused
      to go into business with another N*gger in reference to Dr Dre.

      50 Cent was so envious and hateful about Dr Dre’s success with DreBeats that he decided to create a rival Headphone line to compete with Dr Dre.

      Karma is a cruel bird and 50 Cent hired rogue designers to steal their designs from another company and eventually 50 was caught and sued and subsequently lost a 16 million dollar lawsuit to a rival company for his theft.

      Dr Dre will be HipHops first Billionaire and he did it with the genius idea of designer headphones and he never allowed SMS audio to discourage him from his dream, Dre believed in himself and his product and now everybody who invested in DreBeats stock is going to make a lot of frickin money!!!

      Salute the Doctor!

      1. hahahahahahahaha “Dr Dre and Jimmy Iovine begged 50 Cent to join them and invest in Dre Beats but 50 Cent said he refused to go into business with another N*gger in reference to Dr Dre.”

        “he never allowed sms audio to discourage him from his dream”

        jimmy iovene was the one who came up with the headphones idea n asked dre to be a partner dr dre was the poster child

      2. If what the OP said was false then why did it force an emotional response from the victim?

        Jimmy is genius, who the hell ever thought about high priced headphones becoming a fashion accessory? You add the greatest HipHop producers name to a headphone line and now you add a great marketing pitch.

        A Billion……

    26. Why is niggas talking about other dudes on here. All them dudes created there business, Dre was lucky to sell his…why is it a competition. The moral of the story is keep grinding, you’ll find your hustle.

    27. Funny how niggas bring up 50 cent in the convo when talking about richest rappers, then turn around and talk about him with the likes of Rick Ross…I notice no one will ever bring up rick ross in a conversation about wealth.

      the fact that 50 even considered in this conversation means he is doing something right

      1. I dont hear people talk about 50 as being the richest, I only hear names like JayZ, Diddy and and Dre because those three were at the top of the Forbes list last year while 50 was at the bottom with Ross.

        Besies JayZ, Diddy, Baby and Ross are Self Made and didnt need Eminem and Dre to blow up which is why they still have relevant music careers and 50 doesent even have major label backing.

      2. LOLOLOL so much hate in your heart old man

        sad how you as old as 50 but will never make a mill

      3. I only hear names like JayZ, Diddy and and Dre because those three were at the top of the Forbes list last year while 50 was at the bottom with Ross.

        Forbes Highest Paid Hip Hop Artists 2014
        1. Diddy $700 million
        2. Dr. Dre $550 million
        3. Jay Z $520 million
        4. Birdman $160 million
        5. 50 Cent $140 million

      4. If the words didnt hurt then they wouldnt get an emotional response. 🙂 LOL.

        Hell yeah Diddy and Baby have relevant careers they are running succesful labels and earning Gold and Platinum plaques for singles and albums.

        The reason why Diddy, Dre, Baby and JayZ are moving up the ladder while other rappers fall down the ladder is because they don’t have a crab mentality and they try to make the people around them succesful while avoiding negativity and tearing people down.

    28. How Dre said it: I a’int my my own money since Eminem dropped

      This nigga is having the illest run of success ever….since day one in the rap game this nigga always seem to find himself around the biggest groundbreaking moments in rap.

    29. How Dre said it: I a’int spenty my own money since Eminem dropped

      This nigga is having the illest run of success ever….since day one in the rap game this nigga always seem to find himself around the biggest groundbreaking moments in rap.

    30. So Dre will be HIP HOP’s FIRST BILLIONAIRE!

      Everyone always talks about Diddy & Jayz b/c they brag a lot & Dre us quiet and humble but….

      Dre haa made the most money in Hip Hop as a producer and also as owner of Aftermath.

      He has made more than Jay with the selling of Eminem and 50 cent albums alone.

    31. Dre still has no inspiration to produce classic tracks. He lost his touch. Money not gonna change that. That’s what should matter to us fans. We fans don’t enjoy his money. We dont live in his house or drive his cars. We can only enjoy what he produces. And the last five years thats nothing.

      1. a few months ago they did a story about how he was inspired to make music again and get back to the studio. he says that at least once a year.

      2. “Go buy some headphones you f’n idiot.”

        I don’t want to be an idiot, so I’m not gonna buy them.

    32. My last pay check was $9500 working 12 hours a week online. My neighbour’s sister has been averaging 15k for months now and she works about 20 hours a week. I can’t believe how easy it was once I tried it out.
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    33. No reason for Dre to produce another classic album. Music has changed, the fans have changed and hip-hop is suffering because the internet made everybody and they momma think they can rap. Support up and coming rap artist Cam Gamma @ http://camgamma.com “From Somewhere In Outer Space” The Mix-tape OUT NOW!

      1. its funny how you say everyone thinks they can rap because of the internet now and then you go say come support this up and coming nobody rapper. kind of contradicting yourself there buddy. I will def not be listening to his lame ass music

    34. My favorite rappers:

      1. Riff Raff
      2. Action Bronson
      3. Apathy
      4. 50 Cent
      5. Kid Cudi
      6. Tech N9ne
      7. Yelowolf
      8. Chance
      9. LiL Debbie
      10. Shotty Hoorah

      1. i can tell this is that 40 year old butthurt rick ross groupie pretending to be a white boy

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    36. i love you so much i’m you’re fan in drc congo i’m also a raper there my dream is to meet you one day and rap with you if you need more about me please contact me in my page facebook mr daniel jackadondy there you know many thing about me my phone number is +243816070834

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