Hip-hop superproducer Dr. Dre has sold more than half of his audio company Beats Electronics for a massive $300 million.

The rap icon established the firm in 2008 with Interscope Records executive Jimmy Iovine and have tasted success with their line of Beats By Dre headphones, in addition to collaborating with superstars Lady Gaga, Justin Bieber and Sean ‘Diddy’ Combs on their own audio ranges.

Dre also teamed up with computer giant HP and car manufacturer Chrysler to launch products featuring the high quality Beats Audio technology, and now he’s sold a 51 per cent stake to Taiwanese telephone makers HTC for the huge sum.

Beats Electronics president Luke Williams says, “When Jimmy and Dre started this, they had a very specific vision of what Beats would be. It wasn’t about headphones, it was about fixing the degradation of sound.”

Dre and Iovine will continue to run the company.

 

The new incarnation of Death Row Records does not have the rights to sell Dr. Dre’s iconic rap album “The Chronic” digitally, a federal judge ruled Tuesday.

The ruling by U.S. District Judge Christina Snyder ruling states that the rapper and producer has received far less money than he is due from online sales of the 1992 album, which also helped launch the career of Snoop Dogg.

The ruling does not call for a halt of digital sales of Dre’s music, but entitles him to receive 100 percent of the proceeds of online sales, his attorney, Howard King, told The Associated Press.

The rapper, whose real name is Andre Young, sued WIDEawke Death Row Records last year, claiming it was improperly selling “The Chronic” digitally and using some of his music on compilation albums without his permission.

Snyder’s ruling states the label, which bought the original Death Row Records’ holdings out of bankruptcy, does not have the right to put Dr. Dre’s music on compilation or any other albums.

“For years, Death Row Records forgot about Dre when they continued to distribute his music digitally and combined his hits with weaker Death Row tracks in an attempt to elevate the stature of their other artists,” King wrote in a statement. “We are gratified that the federal court has unambiguously declared that Death Row has no right to engage in such tactics, and must hold all proceeds from these illicit distributions in trust for our client.”

Phone and email messages for WIDEawake’s attorney, Michael Holtz, was not immediately returned Tuesday evening.

The rapper has a long history of battling Death Row Records, a label he confounded but later left.

The most recent case he filed centered on his 1996 exit agreement with the label, which called for him to receive 18 percent royalties on his music created while at Death Row and gave him substantial authority over how the songs were used.

The agreement states that WIDEawake can only sell Dre’s music in the format it appeared in before the deal. Another of Dre’s attorneys, Stephen Rothschild, told Snyder during arguments in court on Monday that meant it could only appear in four formats: CD, cassette, vinyl and 8-Track.

 

Dr. Dre and Sean “Diddy” Combs











 

Hip-hop legend Dr. Dre is following in the footsteps of rap superstar Jay-Z after signing up to front a new $40 million advertising campaign for computer giant Hewlett-Packard.

In the commercial, the superproducer is shown in his recording studio reaping the benefits of the HP Envy 15 Beats laptop he launched with the company last year.

Famed fashion photographer Annie Leibovitz and comedian Rhys Darby have also filmed new ads for the firm’s latest promotional drive, titled Let’s Be Amazing.

Jay-Z first appeared in adverts for HP in 2006, when he detailed the importance of computer technology in his personal and professional life.

 

Dr. Dre’s 20-year-old son has died, the rapper’s publicist said Tuesday.

“Dr. Dre is mourning the loss of his son Andre Young Jr.,” publicist Lori Earl said in a statement.

Young Jr., who was named after his father, was found dead Saturday by his mother at their home in suburban Woodland Hills, county coroner’s Lt. John Kades said.

An autopsy was performed Monday, but the cause of death wasn’t likely to be determined for eight weeks while toxicology tests are done, Kades said.



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