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Beatrayed by Dre?

Beatrayed by Dre Bloomberg Business


For several years, Lee lived an entrepreneur’s dream. “Dre is an icon,” he says. “He’s the pinnacle of pop music. Jimmy Iovine is a legend. And I [was] in business with them.” In late May 2014, Apple agreed to buy Beats by Dr. Dre and a co-branded streaming music service for $3 billion, in the tech giant’s largest acquisition ever. Lee got nothing.

“We designed, built, and marketed the headphones, and we were getting none of the credit,” he says. In January he filed suit in California state court, accusing Dre and Iovine of stealing the design, manufacturing, and distribution rights to Beats. Lee alleges the duo achieved this “corporate betrayal” by shuffling ownership of Beats and triggering a contractual provision that cut him out of the action.

Stashed in: Founders, Apple, Jerk Store, @ladygaga, @drdre, Beats

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Nowadays everybody wanna talk like they got something to say.

But nothing comes out when they move their lips, just a bunch of gibberish. 

The motherfathers act like they forgot about Dre. 

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