Clyde Posted May 9, 2014 Share Posted May 9, 2014 Reports are Apple will buy Dr Dre's Beats company for $3.2B. Link to comment Share on other sites More sharing options...
TheDeuce Posted May 9, 2014 Share Posted May 9, 2014 With a B... Link to comment Share on other sites More sharing options...
Clyde Posted May 9, 2014 Author Share Posted May 9, 2014 While Beats is famous for their headphones the reason for the purchase is their streaming audio business. Link to comment Share on other sites More sharing options...
Clyde Posted May 9, 2014 Author Share Posted May 9, 2014 Apple can stroke a check for $3B as they have around $150B in cash and investments. Link to comment Share on other sites More sharing options...
gchs_uk9 Posted May 9, 2014 Share Posted May 9, 2014 Still Dre Day Link to comment Share on other sites More sharing options...
John Anthony Posted May 9, 2014 Share Posted May 9, 2014 ibeats Link to comment Share on other sites More sharing options...
TheDeuce Posted May 9, 2014 Share Posted May 9, 2014 ibeats Whoa man, keep that stuff to yourself. This is a family show. Link to comment Share on other sites More sharing options...
Qryche11 Posted May 9, 2014 Share Posted May 9, 2014 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. Link to comment Share on other sites More sharing options...
John Anthony Posted May 9, 2014 Share Posted May 9, 2014 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? Link to comment Share on other sites More sharing options...
TheDeuce Posted May 9, 2014 Share Posted May 9, 2014 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... Link to comment Share on other sites More sharing options...
Clyde Posted May 9, 2014 Author Share Posted May 9, 2014 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. Link to comment Share on other sites More sharing options...
HammerTime Posted May 9, 2014 Share Posted May 9, 2014 Dre should have plenty of time to work on a new album now. Link to comment Share on other sites More sharing options...
Clyde Posted May 9, 2014 Author Share Posted May 9, 2014 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 Link to comment Share on other sites More sharing options...
Jumper_Dad Posted May 9, 2014 Share Posted May 9, 2014 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. Link to comment Share on other sites More sharing options...
PurplePride92 Posted May 9, 2014 Share Posted May 9, 2014 While Beats is famous for their headphones the reason for the purchase is their streaming audio business. How is it different from iTunes? Link to comment Share on other sites More sharing options...
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