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#NEWMUSIC @2PieceMalone #FUCCU feat. #ZRO prod. By @MrLee713

@2PieceMalone links up with #Zro aka "The MoCity Don" and #Legendary #SuperProducer @MrLee713 on this record titled #FUCCU. Be S...

Sunday, September 29, 2013

Dr. Dre's Beats Electronics Receives $500 Million Investment

The Carlyle group has invested $500 Million In Dr. Dre and Jimmy Iovine's Beats Electronics. Beats Electronics refuses to stop growing. Dr. Dre and Jimmy Iovine's headphone brand already has a monopoly on the headphone game, but they are far from hitting a plateau. According to the New York Times, the company has received a $500 million investment from the Carlyle Group. With that in tow, Beats is now valued at over $1 billion. Beats will also buy out HTC, who previously owned a 25% stake in the company for $265 Million, and Carlyle will now occupy two seats on the Beats board. Dr. Dre recently placed within the top 3 highest paid hip hop artists on the Forbes list.

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