Reports are Apple will buy Dr Dre's Beats company for $3.2B.

With a B...

While Beats is famous for their headphones the reason for the purchase is their streaming audio business.

Apple can stroke a check for $3B as they have around $150B in cash and investments.

Still Dre Day

ibeats

ibeats

 

Whoa man, keep that stuff to yourself. This is a family show.

Dre doesnt own the company soley. Think about the taxes they will pay on this deal, around $450M.

 

Depending on his ownership % he should still make a Billion.

Whoa man' date=' keep that stuff to yourself. This is a family show.[/quote']

 

I'll get you a red pair although I'm guessing you have them already?

I'll get you a red pair although I'm guessing you have them already?

 

I do have a pair, but I don't use them that often...

Dre doesnt own the company soley. Think about the taxes they will pay on this deal, around $450M.

 

Depending on his ownership % he should still make a Billion.

 

Correct on ownership. Jimmy Iovine also owns it. Probably some private investors as well.

Dre should have plenty of time to work on a new album now.

Dre should have plenty of time to work on a new album now.

 

New titles:

 

I Need An Accountant

Nothin' But a Green Thang

Still R.I.C.H.

Apple Love

Kash

Even before this deal I read that Dre had made more from his share of Beats in the last few years than he had on every piece of music he had ever been involved with.

While Beats is famous for their headphones the reason for the purchase is their streaming audio business.

 

How is it different from iTunes?