my nigga @Lokeys910 just sent this over...good shit.
In a newly announced deal, the hip-hop mogul has sold a majority stake in Beats Electronics to HTC for $309 million.
The Taiwan-based smartphone maker will acquire 51 percent of the company, which Dre co-founded with Interscope Geffen A&M Records CEO Jimmy Iovine in 2006. Beats, known for its popular Beats by Dr. Dre headphones, sells celebrity-endorsed lines by Lady Gaga, Diddy, and Justin Bieber.
“The HTC and Beats by Dr. Dre partnership is an opportunity for two world-class companies to redefine the smartphone industry and define the future,” stated Iovine. “For Beats by Dr. Dre, this represents a critical step in our continued mission to clean up the destruction of audio caused by the digital revolution and reengineer how sound is delivered, so the consumer feels the music the way that the artist intended.”
As part of the strategic partnership and investment, HTC plans to incorporate Beats technology into their phones by the end of the year. Dr. Dre and Iovine will continue to operate Beats autonomously.
New York’s own Nas paid a visit to “106 & Park” to promote his new single “Nasty.” During his conversation with host Rocsi Diaz, the rap icon remembered his late friend Amy Winehouse and spoke of reuniting with Dr. Dre.
“She was a genuine person. She was like real,” recalled Nas of the soul songstress, whose song “Me & Mr. Jones” was reportedly written about Nas. “She was struggling with a lot of things in her life, but she was a real artist. She was like a little sister to me. We had the same birthday so she just had this big, big spirit for this little body. I wish she was here today. God bless her soul.”
He also talked briefly about Dr. Dre’s elusive album Detox. “Dre is the king of the gangsta music. I just did something for his new album Detox, so I’m waiting for it,” he revealed. “We got a nice record.” rap-up
"4 Intimate Nights With Beyoncé" went on sale on Wednesday and the first show on August 14th sold out in 22 seconds. Damn. That's one hot ticket. The other shows take place on August 16th, the 18th and the 19th.
On each night of the four-night residency, the resplendent Beyoncé will perform her new album, 4, from back to front. She will play to a standing room audience at the midtown venue.