Dr. Dre & Jimmy Iovine Reportedly Receiving Senior Positions At Apple

posted Sunday May 11 ,2014 at 10:00AM CDT | 69 comments

Dr. Dre & Jimmy Iovine Reportedly Receiving Senior Positions At Apple

Dr. Dre's lawsuit against Death Row Records rejected. The rapper/producer and Jimmy Iovine will reportedly not buy the Clippers for $1 billion.

Following news of Apple's reported acquisition of Beats Electronics, added details have been revealed in regards to the alleged detail between Apple and Beats Electronics founders Dr. Dre and Jimmy Iovine.

In addition to possibly purchasing Beats Electronics and their newly-launched music streaming service for $3.2 billion, XXLMag.com reports that Apple is also willing to shell out high-ranking positions to both Dr. Dre and Iovine at Apple.

It is unclear what the pair’s specific jobs will be, but it has been reported that they will work directly with Apple CEO, Tim Cook.

Although Dre could stand to make millions if a deal between Beats Electronics and Apple is solidified, the noted rapper/producer will not see any money from the $3 million lawsuit he filed against Death Row Records earlier this year.

According to HotNewHipHop.com, Dre’s lawsuit against his former label home has been thrown out. As part of the lawsuit, he was reportedly seeking "mechanical royalties, artist-producer royalties, digital sales, and bonus pay" from the currently bankrupt label.

Among the monies Dre says he was owed was $1,200,386.57 in unpaid artist-producer royalties, $1,179,913 from digital sales, and $676,444.44 for unpaid mechanical royalties.

A past lawsuit against Death Row Records, which proved successful for Dr. Dre, was one reason a judge threw out his most recent lawsuit against the label.

In other Dr. Dre news, HotNewHipHop.com reports that Dr. Dre and Jimmy Iovine are not purchasing the Los Angeles Clippers for one billion dollars. Rumors of a deal between the pair and Clippers owner Donald Sterling began to spread following the release of a fake news story on CreamBMP.com.

Although Dre and Iovine will not be purchasing the Clippers for one billion dollars, Dre did express interest in purchasing the team while speaking with TMZ last month.

"Absolutely. Thinking about it,” he said, when asked about possibly purchasing the team.

RELATED: Dr. Dre's "Billionaire" Comments Could Complicate Apple's Purchase of Beats Electronics

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Comments 69 Posts

  • Anonymous
    'Isn't it ironic they're both living better than u even wit a album that flops hell even u wood trade your life for Tony yayo or kidd kidd's' Even Kidd Kidd doesn't want to be Kidd Kidd lol
  • Edubb
    Let me follow massa where ever he go cuz my name is dre and im a punk bitch uncle tom sellout like Tupac predicted long ago!!
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  • R
    he sold his sold t0o the NWO
  • COCA
    WHY WOULD SOMEONE BELIEVE IN A STORY FROM A SITE CALLED "CREAMBMP.COM"???
  • Anonymous
    Dre about to become a billionaire while Curtis does 30k 1st week sales with Animal Ambition.
    • internet no it all ^
      Isn't it ironic they're both living better than u even wit a album that flops hell even u wood trade your life for Tony yayo or kidd kidd's
    • Anonymous
      Yeah even you cus your a bitch!
    • TROLLING
      AND 50 STILL MAKING MILLIONS WHILE YOU SIT WAITING FOR A POST ABOUT HIM ON A HIP HOP SITE SO YOU CAN TYPE SOME SHIT ABOUT HIM LOL FAGGOT
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  • Anonymous
    Respect the hustle! Checkout thegramdreport(dot)com, they have some good hip hop and viral videos on there!
  • former Drefan
    Dre greedy as fuck, lol. He's like Gordon Gekko
  • LOL
    All you fuckin idiots gonna be yelling this stupid "sellout" shit while this dude is worth 1 BILLION cracking up to death all the way to the bank. THIS is what all these underground people dream of..people really think detox is still coming out? dumbasses
  • Lil Icy!
    Damn Dr. Dre so old and bi-sexual slave of gay ass Jimmy. #Swag #Stoner #Drill #Trap #YMCMB #RickGang #MMG #BrickSquad #2014
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      Rick Gang for life!
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