Apple Set to Buy Dr. Dre's Beats Electronics for An Estimated $3.2 Billion

May 8, 2014 -


Ladies and gentlemen, Dr. Andre Young is about to get PAID. Rumor has it that Apple is offer the legendary producer a whopping $3.2 billion for his company, Beats Electronics, making it the largest acquisition in Apple's history. Beats is responsible for making Dre the wealthiest hip-hop mogul ahead of the likes of Jay-Z and Diddy. The question now is whether Apple will just keep cranking out headphones, or take the company to new heights.


The deal, while perhaps not transformative for Apple, cements the company as the premier technology firm for music, a title that it claimed in the early 2000s with the advent of the iPod and iTunes and which has been challenged recently by brands like Beats in hardware and streaming services like Pandora and Spotify in software.

The Financial Times reports that a deal could be announced as early as next week, although terms are not final.


You Might Also Like...

November 30, 2023
Leon Rosen Shows Off Catchy Rock-Sound In 'Follow Me Home'

Leon Rosen's musical career began in the unique setting of Project Artaud, an experimental artist commune in San Francisco. His […]

Read More
November 22, 2023
DLG. And Koastle Bring Together The Best Of Both Styles In 'Strangers'

When it comes to refreshing sounds in the indie music scene, DLG. and Koastle are names you'll want to remember. […]

Read More
November 18, 2023
OPIUO joined forces with the Colorado Symphony to Create 'Opiuo & The Opulent Orchestra'

In May, just days before his sold-out performance at the Red Rocks Amphitheatre alongside The Opulent Orchestra, Opiuo's family arrived […]

Read More

Leave a Reply

Copyright © 2023 Daily Beat
Designed by Digital Dekay LLC
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram