Getbig.com: American Bodybuilding, Fitness and Figure
Getbig Main Boards => Gossip & Opinions => Topic started by: Vince G, CSN MFT on May 08, 2014, 09:00:23 PM
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Damn....just beat out Jay-Z, 50 Cent, Master P, and Diddy for the title. Apple just bought his company Beats Audio for 3.2 Billion!
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Damn....just beat out Jay-Z, 50 Cent, Master P, and Diddy for the title. Apple just bought his company Beats Audio for 3.2 Billion!
It's not too late for you to sell your radio show for a similar price!!
Also, strong repost 4 threads above this one http://www.getbig.com/boards/index.php?topic=535732.0 (http://www.getbig.com/boards/index.php?topic=535732.0)
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Is he the only owner?
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Fuck Dr. Dre
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Damn....just beat out Jay-Z, 50 Cent, Master P, and Diddy for the title. Apple just bought his company Beats Audio for 3.2 Billion!
You dummy.
Is he the only owner?
Of course not? You think that fucking idiot could single handedly do that? He was merely approached, like 50 cent was with vitamin water, to get involved in a deal. Their name was what was desired, not their fucking business skills. 50 cent can barely speak. I bet Dre has very little involvement in the running of the business or design decisions. Luckily, both rappers had good handlers around them to advise in getting involved.
Its a Minority Owned company (PE Backed, VC Backed). The "money" ownership behind it is the The Carlyle Group. Jimmy Iovine is the brains behind it who got Dre on-board. He's the real mogul. Its based in Cali. It's was affiliate company of Monster Inc (think high end components, cables) who they later basically hijacked shit from and then dropped partnership with, left Monster bitter. It realy started as a Monster project with endorsements by the likes of Dre. It's parent company is now Apple. That pie has to get cut up a lot of ways. Dre's is probably not that large. I highly doubt he's 50/50 ownership stake in the end but I dont know. Props to him for not being a fucking idiot when being approached for this deal. But he's no fucking business mogul.
(http://i.kinja-img.com/gawker-media/image/upload/s--3Vu6oTdT--/c_fit,fl_progressive,q_80,w_636/18dugk23juxrujpg.jpg)
Jimmy Iovine is a mogul par excellence; a man who helped mastermind the works of Bruce Springsteen and 50 Cent alike, co-produced 8 Mile, and today sits as the Chairman of Interscope Records.
Monster bristles at the suggestion that Beats had everything, even anything to do with engineering: "Absolutely not, they don't have any engineers," says Noel. Kevin piles on: "Beats [had] zero [engineering role]," a reality of the deal he says is "undisputed—Monster engineered the sound in Beats by Dre headphones. They told us what they wanted and they approved it, but we made that sound possible." That "approval" role is one that's repeated throughout Noel and Kevin's recounting: They brought hardware to Jimmy and Dre, there would be a back and forth, and off the headphones would go to someone's credit card bill, carried by a gust of music video bluster and rapper aspiration. It worked so, so well.
(http://www.gannett-cdn.com/-mm-/8d5b22e0c782ed53bb9f4c2ef4f968ed70bf49ad/c=0-368-1996-1868&r=x383&c=540x380/local/-/media/USATODAY/USATODAY/2014/05/08//1399589666000-beatsexecs.JPG)
Update: doesnt matter what is % is really. He's still going to make a lot.
In April, Forbes estimated his net worth at $550 million. Apple’s Beats purchase would increase that figure significantly, although it’s not certain it would push him over the billionaire threshold. His actual stake in Beats is unknown, although he and Mr. Iovine combines reportedly own a majority of the company. And Dr. Dre wouldn’t have to be a majority owner to become a billionaire: At Apple’s purchase price, a 15 percent stake of Beats would give him the $450 million he needs for a $1 billion net worth.
President and COO Luke Wood and co-founders Dr. Dre and Jimmy Iovine. Wood is former chief strategy officer of Interscope Geffen A&M. All Dre did in this thing was sit there and let his image and reputation spur the fucking urban style horseshit adoption of these fucking ridiculous ear cups. Right place, right time, right skin color.
/me drops the mic and walks off stage
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You dummy.
Of course not? You think that fucking idiot could single handedly do that? He was merely approached, like 50 cent was with vitamin water, to get involved in a deal. Their name was what was desired, not their fucking business skills. 50 cent can barely speak. I bet Dre has very little involvement in the running of the business or design decisions. Luckily, both rappers had good handlers around them to advise in getting involved.
Its a Minority Owned company (PE Backed, VC Backed). The "money" ownership behind it is the The Carlyle Group. Jimmy Iovine is the brains behind it who got Dre on-board. He's the real mogul. Its based in Cali. It's was affiliate company of Monster Inc (think high end components, cables) who they later basically hijacked shit from and then dropped partnership with, left Monster bitter. It realy started as a Monster project with endorsements by the likes of Dre. It's parent company is now Apple. That pie has to get cut up a lot of ways. Dre's is probably not that large. I highly doubt he's 50/50 ownership stake in the end but I dont know. Props to him for not being a fucking idiot when being approached for this deal. But he's no fucking business mogul.
(http://i.kinja-img.com/gawker-media/image/upload/s--3Vu6oTdT--/c_fit,fl_progressive,q_80,w_636/18dugk23juxrujpg.jpg)
(http://www.gannett-cdn.com/-mm-/8d5b22e0c782ed53bb9f4c2ef4f968ed70bf49ad/c=0-368-1996-1868&r=x383&c=540x380/local/-/media/USATODAY/USATODAY/2014/05/08//1399589666000-beatsexecs.JPG)
President and COO Luke Wood and co-founders Dr. Dre and Jimmy Iovine. Wood is former chief strategy officer of Interscope Geffen A&M. All Dre did in this thing was sit there and let his image and reputation spur the fucking urban style horseshit adoption of these fucking ridiculous ear cups. Right place, right time, right skin color.
/me drops the mic and walks off stage
Very well done on your part, keep it up!
I enjoyed the part about dropping the mic as you walked off stage.
"1"
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Very well done on your part, keep it up!
I enjoyed the part about dropping the mic as you walked off stage.
"1"
That's my fucking "urban flare."
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You can get this shit in Walmart for 14.99
(http://demandware.edgesuite.net/aajh_prd/on/demandware.static/Sites-beats-Site/Sites-beats-master-catalog-en/default/v1399601744370/images/large/inear-urbeats-standard-ssgray-badge-2-O.png)
$89.99
Steve Jobs would have never approved this deal.
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amazing how people of little talent can strike it rich. america is truly the land of opportunity. what exactly is mister dre's talent besides stringing bad rhymes together haphazzardly?????
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amazing how people of little talent can strike it rich. america is truly the land of opportunity. what exactly is mister dre's talent besides stringing bad rhymes together haphazzardly?????
America is a place anyone can make it, even a high school dropout like Andre Young who didn't have an original bone in his body but knew how to turn a profit even on bad music and cheap earphones. Good on him. What's everyone else's excuse for being an Internet trillionaire and a warehouse laborer in real life?
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I am interested in buying vince radio show this is my offer.
(http://inspectapedia.com/septic/Toilet_Paper_Test297-DJFs.jpg)
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hey, hey, i resemble that statement. ::) ::) ::) ::) ::) ::) JUST GIVE ME MY GOD AND GUNS.
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amazing how people of little talent can strike it rich. america is truly the land of opportunity. what exactly is mister dre's talent besides stringing bad rhymes together haphazzardly?????
Dre has talent. He hustled and climbed from the bottom. When his 15min faded he evolved and has made a lot as a producer. He spotted and exploited new talent. He kept himself relevant and stopped putting out his own new music when it was clear it would be self-destructive to his "legacy." He focused on producing and the current trends. I respect that. But I cant sit there and pretend he's a fucking business mogul because he signed his name to an endorsement deal/partnership for earphones and it blew up with little to no input on his part other than his endorsement as a well known rapper. That is like calling 50-cent an investment tycoon. Vitamin water fell out of the sky and bounced off dat niggas head. Ya hurd meh?
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Dre has talent. He hustled and climbed from the bottom. When his 15min faded he evolved and has made a lot as a producer. He spotted and exploited new talent. He kept himself relevant and stopped putting out his own new music when it was clear it would be self-destructive to his "legacy." He focused on producing and the current trends. I respect that. But I cant sit there and pretend he's a fucking business mogul because he signed his name to an endorsement deal/partnership for earphones and it blew up with little to no input on his part other than his endorsement as a well known rapper. That is like calling 50-cent an investment tycoon.
He was always a producer, from the mid-80s onward. His rap flame never existed, because he was never a good rapper. He never claimed to be. He was good at communicating the record label's expectations to his lyrical crew (which Eazy E rounded up - not him) and getting them to put it down on paper. Then he got behind the soundboard and made it sound good, although some of NWA's songs were pure crap. His luck was coming into an industry that was new with little competition at the time (gangsta rap) and capitalizing on it by churning out as many albums as he could. Then someone referred Snoop Dogg to him and he saw the guy had real talent as a writer/singer. The Chronic made Dre what he is. After that it was a matter of setting up his own label (Aftermath) and just producing album after album for other artists. Then his career started to wane in the late 90s and he discovered Eminem, who reignited it. He found his niche and beat it to death. Unlike Ice Cube, P Diddy, Ice-T, 50 Cent, Eminem, or Jamie Foxx, he has no other talents besides producing (for example, acting or business models). Even the Beats by Dre concept wasn't his.
Let's give him credit for going a very long way with very little and having no education to speak of. But he's no genius. The guy can barely string 5 words together. A lot of people helped him out, and he doesn't give them their dues.
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He was always a producer, from the mid-80s onward. His rap flame never existed, because he was never a good rapper. He never claimed to be. He was good at communicating the record label's expectations to his lyrical crew (which Eazy E rounded up - not him) and getting them to put it down on paper. Then he got behind the soundboard and made it sound good, although some of NWA's songs were pure crap. His luck was coming into an industry that was new with little competition at the time (gangsta rap) and capitalizing on it by churning out as many albums as he could. Then someone referred Snoop Dogg to him and he saw the guy had real talent as a writer/singer. The Chronic made Dre what he is. After that it was a matter of setting up his own label (Aftermath) and just producing album after album for other artists. Then his career started to wane in the late 90s and he discovered Eminem, who reignited it. He found his niche and beat it to death. Unlike Ice Cube, P Diddy, Ice-T, 50 Cent, Eminem, or Jamie Foxx, he has no other talents besides producing (for example, acting or business models). Even the Beats by Dre concept wasn't his.
Let's give him credit for going a very long way with very little and having no education to speak of. But he's no genius. The guy can barely string 5 words together. A lot of people helped him out, and he doesn't give them their dues.
LOL, late 80's early 90's WHITE Kid Rap MegaFan DETECTED. I have your number, Icelord. You've exposed yourself. But I'm in concurrence.
ps Did you have an NWA poster?
pps Cube's predator album was the hardest joint EVAH, amirite? amirite? amiwhite?
(http://www.xxlmag.com/wp-content/uploads/2013/11/aaadf5ebb29fbce332c5328b64cdf1f8.jpg)(http://media.onsugar.com/files/2011/01/03/1/1331/13311615/f7/Eminem1.jpg)
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LOL, late 80's early 90's WHITE Kid Rap MegaFan DETECTED. I have your number, Icelord. You've exposed yourself. But I'm in concurrence.
ps Did you have an NWA poster?
pps Cube's predator album was the hardest joint EVAH, amirite?
Oh yeah, I was one of the first suburban white kids to buy an NWA album in my area. I bought NWA and the Posse, then Straight out of Compton and 100 miles. I copped niggaz4life but I thought it was crap except for like 3 songs.
I had this poster with Jerry Heller in the foreground taken in 1989 at the studios.
(http://podmosta.bg/wp-content/uploads/2013/10/nwa-4ff45039ce17d.jpg)
Predator was my first Cube album. I only bought his older stuff afterward. His best album because he had Muggs producing some of the songs on it.
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Quality is pure crap.
Bose noise cancelling plugs/headphones blow those ghetto phones out of the water.
(http://www.headphonesrocks.com/wp-content/uploads/2012/12/Bose_qc15.jpg)
(http://the-gadgeteer.com/wp-content/uploads/2013/06/6.jpg)
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broke by 30
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Ive always suspected the music business and the rap shite was just a money laundering scam.
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Quality is pure crap.
Bose noise cancelling plugs/headphones blow those ghetto phones out of the water.
(http://www.headphonesrocks.com/wp-content/uploads/2012/12/Bose_qc15.jpg)
yes those bose QC5 makes beats its whore, but bose isnt sponsored by a rapper, doent come in vivid colors to match your jordans, so dumb fucks really buy them as an accessory like a watch or ball cap, not for quality of sound
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hey, hey, i resemble that statement. ::) ::) ::) ::) ::) ::) JUST GIVE ME MY GOD AND GUNS.
(http://www.getbig.com/boards/index.php?action=dlattach;topic=535751.0;attach=564180)
eninem's dad ?
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yes those bose QC5 makes beats its whore, but bose isnt sponsored by a rapper, doent come in vivid colors to match your jordans, so dumb fucks really buy them as an accessory like a watch or ball cap, not for quality of sound
Yep, pretty much.
(http://1.bp.blogspot.com/-_LHGl9nIQVA/UzI-woZ_H-I/AAAAAAAAwjg/SZxBDnIejuk/s1600/Joey+Sergoo+(1).jpg)(http://2.bp.blogspot.com/-T9tkxjl5lKQ/UYKO5jOBHJI/AAAAAAABEoM/DzTgwnJsnV4/s1600/SERGO+187.jpg)
(http://1.bp.blogspot.com/-5rjdcHtSVV4/UYetJx-bT3I/AAAAAAABE1I/7rzH9w9Khl4/s320/SERGO+288.jpg)
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Yep, pretty much.
(http://1.bp.blogspot.com/-5rjdcHtSVV4/UYetJx-bT3I/AAAAAAABE1I/7rzH9w9Khl4/s320/SERGO+288.jpg)
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are most people from jersey 5'3 and under ?
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are most people from jersey 5'3 and under ?
5'9" if you count the blowout haircuts.
(http://stylemeall.com/wp-content/uploads/2013/10/guido-hair.jpg)
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Their name was what was desired, not their fucking business skills. 50 cent can barely speak.
Boom. I love your post regarding this, I agree.
I just don't agree with your avatar.
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Apparently peddling gibberish is big business
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Apparently when coke a cola purchased vitamin water 50 took the credit, he was doing music award shows and interviews saying how he made a fortune, and you could tell he made nothing of the sort. His music videos since have been filmed on a fucken Iphone.
Diddy, he has the Sean John fragrance...Wrong..its not his, its Estee lauder.
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Apparently when coke a cola purchased vitamin water 50 took the credit, he was doing music award shows and interviews saying how he made a fortune, and you could tell he made nothing of the sort. His music videos since have been filmed on a fucken Iphone.
Diddy, he has the Sean John fragrance...Wrong..its not his, its Estee lauder.
He has a premium vodka line and clothes too, I believe.
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Yep, pretty much.
(http://1.bp.blogspot.com/-_LHGl9nIQVA/UzI-woZ_H-I/AAAAAAAAwjg/SZxBDnIejuk/s1600/Joey+Sergoo+(1).jpg)(http://2.bp.blogspot.com/-T9tkxjl5lKQ/UYKO5jOBHJI/AAAAAAABEoM/DzTgwnJsnV4/s1600/SERGO+187.jpg)
(http://1.bp.blogspot.com/-5rjdcHtSVV4/UYetJx-bT3I/AAAAAAABE1I/7rzH9w9Khl4/s320/SERGO+288.jpg)
fawk this guy annoys me. He needs to be dropped off and dealt with in downtown Baghdad asap
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only 480 mil
how's he going to survive on that
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He has a premium vodka line and clothes too, I believe.
No one is buying 50's clothes or his fucken vodka. where is his G-unit clothes now?
is Sean John still popular in the US? I think diddy was the first to be involved in Vodka, Ciroc.
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No one is buying 50's clothes or his fucken vodka. where is his G-unit clothes now?
is Sean John still popular in the US? I think diddy was the first to be involved in Vodka, Ciroc.
I was referring to the last line of your post, concerning Diddy. He has all those things I mentioned.
What does 50 have? Just clothes, I thought.
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I was referring to the last line of your post, concerning Diddy. He has all those things I mentioned.
What does 50 have? Just clothes, I thought.
My bad, i figured it was diddy, i jumped the gun.
50 has or has sold his name to SMS audio, i havent heard about it so im sure its a flop.
i dont think he has clothes, who wants to dress like him.
diddy wants to be white, so his always in europe trying to watch catwalk shows and schmooze with gays.
I like 2pac, no endorsments, just music.
everybody wants to be a brand now.
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My bad, i figured it was diddy, i jumped the gun.
50 has or has sold his name to SMS audio, i havent heard about it so im sure its a flop.
i dont think he has clothes, who wants to dress like him.
diddy wants to be white, so his always in europe trying to watch catwalk shows and schmooze with gays.
I like 2pac, no endorsments, just music.
everybody wants to be a brand now.
50 was supposed to cash in on the Vitamin water deal. He didn't get what he was expecting or he wouldn't still be making bad music.
I hear you on Sean Combs. Guy's desperate to be accepted by the jet setters, billionaires, oil sheikh parties in Kuwait, etc.
(http://fashionsizzle.com/wp-content/uploads/2013/12/P+Diddy+arriving+Givenchy+fashion+show+held+w7idbNYHQLal.jpg)
(http://i.huffpost.com/gen/981813/thumbs/r-DIDDY-INSTAGRAM-large570.jpg)
(http://images.nymag.com/images/2/daily/2011/01/24_karldiddy_560x375.jpg)
(http://static9.imagecollect.com/preview/560/9150f8a1ce1e625)
phony ass niggga
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Apparently when coke a cola purchased vitamin water 50 took the credit, he was doing music award shows and interviews saying how he made a fortune, and you could tell he made nothing of the sort. His music videos since have been filmed on a fucken Iphone.
Diddy, he has the Sean John fragrance...Wrong..its not his, its Estee lauder.
Huh? He made something like 60-100 million off the sale of Glaceau, the maker of Vitamin Water.
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Huh? He made something like 60-100 million off the sale of Glaceau, the maker of Vitamin Water.
lol
that's the amount he settled for but it was meant to be a few times that if I remember. Or maybe that's just the net after taxes.
it's a trip how he basically gets deals thrown at him, doesn't even work anymore
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lol
that's the amount he settled for but it was meant to be a few times that if I remember. Or maybe that's just the net after taxes.
it's a trip how he basically gets deals thrown at him, doesn't even work anymore
He didn't settle, it's just that the media inflated the original deal.
He made a shit ton of money.
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My bad, i figured it was diddy, i jumped the gun.
50 has or has sold his name to SMS audio, i havent heard about it so im sure its a flop.
i dont think he has clothes, who wants to dress like him.
diddy wants to be white, so his always in europe trying to watch catwalk shows and schmooze with gays.
I like 2pac, no endorsments, just music.
everybody wants to be a brand now.
It doesn't matter how much money he makes or what tycoons he rubs shoulders with. Taking this move is the only way he'll fully be accepted.
(http://i.huffpost.com/gen/117074/thumbs/s-SAMMY-SOSA-SKIN-large.jpg)
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Damn....just beat out Jay-Z, 50 Cent, Master P, and Diddy for the title. Apple just bought his company Beats Audio for 3.2 Billion!
So capitalism has been good to him.
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Huh? He made something like 60-100 million off the sale of Glaceau, the maker of Vitamin Water.
he would like you to believe he made that much, he will never tell you how much he made, I doubt he mad much, 50 cent is now promoting boxers and making garbage music, I don't believe he made even 10M from that vitamin water deal.
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Fuck Dr. Dre
:D :D
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He was always a producer, from the mid-80s onward. His rap flame never existed, because he was never a good rapper. He never claimed to be. He was good at communicating the record label's expectations to his lyrical crew (which Eazy E rounded up - not him) and getting them to put it down on paper. Then he got behind the soundboard and made it sound good, although some of NWA's songs were pure crap. His luck was coming into an industry that was new with little competition at the time (gangsta rap) and capitalizing on it by churning out as many albums as he could. Then someone referred Snoop Dogg to him and he saw the guy had real talent as a writer/singer. The Chronic made Dre what he is. After that it was a matter of setting up his own label (Aftermath) and just producing album after album for other artists. Then his career started to wane in the late 90s and he discovered Eminem, who reignited it. He found his niche and beat it to death. Unlike Ice Cube, P Diddy, Ice-T, 50 Cent, Eminem, or Jamie Foxx, he has no other talents besides producing (for example, acting or business models). Even the Beats by Dre concept wasn't his.
Let's give him credit for going a very long way with very little and having no education to speak of. But he's no genius. The guy can barely string 5 words together. A lot of people helped him out, and he doesn't give them their dues.
ESFitness is about to chime in. He had apict. of him. Im sure he gets a part of the deal because of his
guitar string use (To wire his eye socket back in place). That makes him a musician, producer also.
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fawk this guy annoys me. He needs to be dropped off and dealt with in downtown Baghdad asap
Joe!!! That you?
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I never trusted or felt Sean Combs. A real opportunist that guy. Fake as fuck and always trying to portray himself as some NY Mafioso Crime Boss or hip Rat Pack wannabe. The dude knows how to make money, that's for sure.
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I never trusted or felt Sean Combs. A real opportunist that guy. Fake as fuck and always trying to portray himself as some NY Mafioso Crime Boss or hip Rat Pack wannabe. The dude knows how to make money, that's for sure.
It's all about the benjamins
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I never trusted or felt Sean Combs. A real opportunist that guy. Fake as fuck and always trying to portray himself as some NY Mafioso Crime Boss or hip Rat Pack wannabe. The dude knows how to make money, that's for sure.
wigs, making money is easy, you just need to sell a product that everybody wants.
Marketing that products makes it worth more. Then you need to know when to cash out at the right time.
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Quality is pure crap.
Bose noise cancelling plugs/headphones blow those ghetto phones out of the water.
(http://www.headphonesrocks.com/wp-content/uploads/2012/12/Bose_qc15.jpg)
(http://the-gadgeteer.com/wp-content/uploads/2013/06/6.jpg)
i have the ones on top. How r the ear bud version? Almost bought at costco the other day to use with iPhone. U can talk of phone w them.
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he has enough money to renovate half of Detroit for his fellow blacks. I'm guessing he won't be helping though as that would go against the nature of afreakan americans.
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Never purchase a trend. Incredible for Beats...stupid choice for Apple. There is no special innovation. Simply a trend with great showcasing. What happen to FUBU?
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Never purchase a trend. Incredible for Beats...stupid choice for Apple. There is no special innovation. Simply a trend with great showcasing. What happen to FUBU?
I think the focus is on the streaming music part of the business, not the bulky headphones.
I still use piratebay
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Joe!!! That you?
;D
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ESFitness is about to chime in. He had apict. of him. Im sure he gets a part of the deal because of his
guitar string use (To wire his eye socket back in place). That makes him a musician, producer also.
dre also made a killing on the company that produced the technology used for the Tupac hologram at Coachella a couple years ago. was talking with his ex-wife and manager about it Monday morning after... I forget the percentage pop, but I wanna say something like 300%... don't believe dre owned it personally, but a company he owned had a big stake in the hologram co.
it's not just dre making the money.. dude's gotta team around him 24-7.
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lol
that's the amount he settled for but it was meant to be a few times that if I remember. Or maybe that's just the net after taxes.
it's a trip how he basically gets deals thrown at him, doesn't even work anymore
dude, seriously just stop talking about anything related to business.
the amount he 'settled for'? lol... holy fuck are you ignorant. 50 didn't have any part in that deal. all 50 was was a shareholder... a large shareholder. he didn't OWN the fucking company and he wasn't negotiating with coca cola . jesus Christ. google this shit before you post it.
he owned shares of the water co... when coke bought it, the value of his shares increased.
same thing happens if I own 1million $1 shares of Nikon, and Cannon comes in and offers to buy Nikon for $2 a share... guess what happens to my shares?
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dude, seriously just stop talking about anything related to business.
the amount he 'settled for'? lol... holy fuck are you ignorant. 50 didn't have any part in that deal. all 50 was was a shareholder... a large shareholder. he didn't OWN the fucking company and he wasn't negotiating with coca cola . jesus Christ. google this shit before you post it.
he owned shares of the water co... when coke bought it, the value of his shares increased.
same thing happens if I own 1million $1 shares of Nikon, and Cannon comes in and offers to buy Nikon for $2 a share... guess what happens to my shares?
I'm too drunk to respond to this point-by-point. But the takeaway is you're a criminal and I'm not, so I win by default. Hahahha.
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I'm too drunk to respond to this point-by-point. But the takeaway is you're a criminal and I'm not, so I win by default. Hahahha.
well, you can win, but your knowledge of business is still below that of the Mexican fella selling oranges on the side of the road. (who, btw, you and your liberal buddies would love to give welfare and drivers licenses to, despite him never paying taxes)
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well, you can win, but your knowledge of business is still below that of the Mexican fella selling oranges on the side of the road. (who, btw, you and your liberal buddies would love to give welfare and drivers licenses to, despite him never paying taxes)
Post your cock.
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DRE owns 37.5% of beats before the sale to apple
http://www.celebritynetworth.com/articles/entertainment-articles/dr-dre-pays-150-million-buy-beats-dre-company/
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Arguing over other people's money.....LOL.
Getbig sucks....badly
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Arguing over other people's money.....LOL.
Getbig sucks....badly
No matter how rich Dre gets, hes not getting a fucking penny off me.
Fuck his shitty music and his shitty headphones. ;)
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DRE owns 37.5% of beats before the sale to apple
http://www.celebritynetworth.com/articles/entertainment-articles/dr-dre-pays-150-million-buy-beats-dre-company/
Actually, it's about 20%. He should take a fixed price stock deal vs the massive tax hit. Final networth will fall in the 750-800M, not quite $1B. The difference with this generation of rappers is, they work a bit like venture capitalists. What would you call 50 cents investing $10M in a start-up, Vitamin Water? Now, Dre wasn't the lead, but he had enough common sense to buy back the company. Now, didn't Michael Dell just do this?
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You dummy.
Of course not? You think that fucking idiot could single handedly do that? He was merely approached, like 50 cent was with vitamin water, to get involved in a deal. Their name was what was desired, not their fucking business skills. 50 cent can barely speak. I bet Dre has very little involvement in the running of the business or design decisions. Luckily, both rappers had good handlers around them to advise in getting involved.
Its a Minority Owned company (PE Backed, VC Backed). The "money" ownership behind it is the The Carlyle Group. Jimmy Iovine is the brains behind it who got Dre on-board. He's the real mogul. Its based in Cali. It's was affiliate company of Monster Inc (think high end components, cables) who they later basically hijacked shit from and then dropped partnership with, left Monster bitter. It realy started as a Monster project with endorsements by the likes of Dre. It's parent company is now Apple. That pie has to get cut up a lot of ways. Dre's is probably not that large. I highly doubt he's 50/50 ownership stake in the end but I dont know. Props to him for not being a fucking idiot when being approached for this deal. But he's no fucking business mogul.
(http://i.kinja-img.com/gawker-media/image/upload/s--3Vu6oTdT--/c_fit,fl_progressive,q_80,w_636/18dugk23juxrujpg.jpg)
(http://www.gannett-cdn.com/-mm-/8d5b22e0c782ed53bb9f4c2ef4f968ed70bf49ad/c=0-368-1996-1868&r=x383&c=540x380/local/-/media/USATODAY/USATODAY/2014/05/08//1399589666000-beatsexecs.JPG)
Update: doesnt matter what is % is really. He's still going to make a lot.
President and COO Luke Wood and co-founders Dr. Dre and Jimmy Iovine. Wood is former chief strategy officer of Interscope Geffen A&M. All Dre did in this thing was sit there and let his image and reputation spur the fucking urban style horseshit adoption of these fucking ridiculous ear cups. Right place, right time, right skin color.
/me drops the mic and walks off stage
"drops the mic and walks off stage" Nice touch! ;D