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Dr.Dre Confirms That Apple Is Looking At Acquiring Beats Electronics for $3.2 Billion
Dr.Dre has confirmed that Apple is looking at purchasing his Beats Electronics line for $3.2 Billion, which will be the highest acquisition ever for Apple.
Apple’s last ever highest offer was for $400 million with the purchase of Next Computer Inc. in 1997 as part of an arrangement to bring Steve Jobs back into the fold. So now you see why $3.2 Billion may be a little too hard for Dre and Jimmy to say “no” to.
If the founders Dr.Dre and Jimmy Iovine say “Yes” to this offer, this will bump Dre up to the #1 spot in Forbes Top Hip Hop Income Earners this year, taking out Diddy, moving the hip hop Mogul to 2nd place.
Beats Electronics is the maker of the high-end Beats by Dre headphones, which first went on sale in 2008. Since then, the company has grown and reportedly posted $1.2 billion in revenue last year.
The company also launched Beats Music in January, which is a service that allows customers to stream music for $10 a month. It rivals other similar services, most notably Swedish startup Spotify.
The picture of Eminem & Dr.Dre standing in front of the Apple office was found recently on Twitter and confirms there are discussions going on between Beats & Apple. Tyrese even recorded a video with Dr.Dre in the studio, celebrating the fact that Dr.Dre will be the first West Coast Hip Hop Billionaire and that Forbes needs to update their list.
With all of the billions at hand, maybe Dre will finally have the time and focus to drop his long-awaited Album “Detox” and claim his #1 spot back in the billboard charts also.
So why would Apple want to purchase Beats Electronics?
Jimmy Iovine praises Apple for reinventing the music business, with one caveat: sound quality. This is the key bit:
Apple got everything right—except that earbud.
It wasn’t so much the files. Your sound system is only as good as its weakest link. And when you have an entire generation hailing Apple and thinking because that earbud is in there and it’s white and that means you’ve got class or style or swag because you have that white earbud…
It sounded terrible. It had no emotion. Why? Because it was flat, and Steve liked that. They wanted it flat. That was in there to see if it worked. That’s it. There was no emotion.
So Dre used to come to me all the time to say, I don’t care about the stealing music part. What I really care about is that the music is not being interpreted right. I spend months on one song, and it sounds terrible. It sounds terrible on laptops and PCs, and it sounds terrible on this earbud. So we got together, and we decided to try to move the thing over, to make young kids listen to sound.
So if Beats did anything, it got young people interested in audio again, which really just was not cool for a really long time. No one cared about audio.
We’ll keep you posted if, and when the deal finally goes through.
This years list of the worlds richest celebrity couples is pretty impressive. With a collective net worth of $4.1 Billion between these 21 cashed up couples there is more than enough money for them to buy a few Ambani skyscraper homes and all move in together. (more…)
We have some incredible news for you. For the first time in history, the Napoleon Hill Foundation has granted exclusive rights to Think Rich Films to transform the book, Think and Grow Rich, into a motion picture film, one that will impact another 100 million lives worldwide.
I am excited to announce that I will be featuring in this film alongside Bob Proctor, Lewis Howes, Rob Dyrdek, Barbara Corcoran, Grant Cardone, Darren Hardy, John Lee Dumas and many more incredible thought leaders.
Here’s the new teaser trailer for the film:
As true fans of Think and Grow Rich, we worked for over 3 years, pouring our hearts and souls into creating a film that is a pure representation of the Legacy of this life changing literary masterpiece.
Our guiding light along the way was to remain true to the content and in doing so spark the flame that will ignite a global movement with a powerful message.
The message is that anyone can succeed irrespective of their circumstances. Human potential is not predicated by age, race, gender, education, finance or any other perceived disadvantages.
Join us in Los Angeles on October 14, 2017 for the historical World Premier of Think and Grow Rich: The Legacy a film based on Napoleon Hill’s best selling book, Think and Grow Rich.
Join Us For The Premiere
Saturday October 14, 2017 at Regal L.A. LIVE: A Barco Innovation Center
Location: 1000 W Olympic Blvd, Los Angeles CA 90015
Red Carpet: 5:30pm – 6:00pm
Film Kick Off with Producers & Director: 6:20pm – 6:30pm
Film Showing: 6:30pm – 8:00pm
Q & A with Cast: 8:00pm – 8:30pm
PLUS… a panel discussion with the cast hosted by Gerard Adams
Attire: Formal/Semi Formal
VIP Private After Party Katsuya at L.A. LIVE: 9:00pm to Midnight
This exclusive VIP event following the Premiere will be private to cast members, producers, director and key individuals who made this film possible.
Hors d’oeuvres & Beverages will be provided and hosted by Katsuya.
Click the button above and scroll to the bottom of the next page to get your General or VIP tickets
The heartbeat of Think and Grow Rich: The Legacy
A glimpse of what you will see..
A glimpse of what you will see.. “Faith is going to give you the ability to continue through the highs and lows…” – Rob Dyrdek
“I remember being 24, new in business and being stopped dead reading the book…” – Barbara Corcoran
“Follow your dreams! Whether you achieve them or not is irrelevant…” – Lewis Howes
Click the button above and scroll to the bottom of the next page to get your General or VIP tickets
Forbes has just put out the list for highest paid musicians for 2015.
These music artists have created some very catchy yet inspiring songs this year. Music is the one thing that creates an “escape” for most people. It can inspire you, make you happy, pick you up when you’re down, etc. (more…)
Forbes ranked the most successful celebrities of 2015! The list is quite stunning!
From movie actors and actresses to pro athletes, this list has definitely brought together some of the most inspirational people in the entertainment world today. (more…)
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