Thursday, August 11, 2011
0 Dr. Dre And Jimmy Iovine Sell Majority Ownership Of "Beats Electronics" for $300 Million
Take what the Forbes figured then figure more. Dr. Dre and Jimmy Iovine recently sold 51% of their "Beats Electronics" franchise (which produces the popular "Beats By Dr. Dre" headphones) to touch screen cell phone development company HTC. HTC plans to incorporate "Beats" technology into their mobile devices and boost the overall sound quality they can offer. Expect to start seeing "Beat Electronics" in new mobile devices this coming fall.
Click Here to read more on Dr. Dre's new deal.
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