Thursday, June 28, 2018

Dr Dre Ordered to Pay $25 Million


Dr. Dre and Jimmy Iovine ordered to pay former partner $25 million...

From Variety
Beats Electronics cofounders Dr. Dre and Jimmy Iovine were hit with a $25 million verdict in favor of former business partner Steven Lamar in a Los Angeles Superior Court on Wednesday, according to reports in The Hollywood Reporter and other media outlets. In a 2016 lawsuit, Lamar and Jibe audio sought $100 million, alleging breach of contract over royalties for headphones’ original design.
An L.A. jury awarded Lamar $25,247,350 after ruling the Dre and Iovine had not compensated him for design work he did on three headphone models; the pair had previously argued he was only owned royalties on one model, based on a 2007 agreement that specified only one model.

12 comments:

Anonymous said...

Beats are the shittiest headphones ever!

Anonymous said...

The only thing good about Beats is its brand promotion. That's what makes them a success. Their hardware is mediocre. I checked them out at a listening station in a retail store and Beats couldn't touch the much less popular brands.

prissa o said...

What is up with all these thieving ass folks? Why is it so hard to simply pay and acknowledge contributors for their work? Do they think they won’t be caught and held liable for their theivery?

So greedy! Damn shame.

Anybody remember? said...

If you guys remember a poster on here called.
"long time lurker" he talked about this specifically years ago amazed sometimes stuff he said years ago is still being exposed.

The other day I was tripping about this whole scandal of faking the numbers with all these millions of fake streams by Jay and Beyonce he outted them on that years ago, I remember reading comments from people back then probably from the carters team attacking him saying he was lying, boooooy was he right on the money yeeeeears ago.

Anonymous said...

Yep long time Lurker came with facts! Miss him. Wish he would come back. Then again he said everything. We know the truth and it's steadily coming out. The Carter's ain't shit, the industry is wack and you have to sell out to get paid. What more do we need to know?

Anonymous said...

8:24..Agreed. I read the title and was thinking, " here's another one."

How these folks feel they can go about their lives and not pay folks? That's pure nonsense.

Anonymous said...

Ummmm... Dre looks a mess.
Is he sick?....

L. Eller said...

^^ no, the ancestors are just revisiting his life's deeds upon him. Karma is such a bitch and a lot of people are reaping it now!

Beats are the shittiest headphones. I spent $120 for a pair of pink Nicki Minaj earbuds in early 2015 and by early 2016, they didn't work. And of course, they were "out of warranty" and Apple would do nothing about it! I was so pissed! I just wait for Prime day to get new ones at this point.

Just an observation said...

Ouch!! That has to hurt not only the pockets but also the pride! $25 million!??! Never good to rip people off!

Anonymous said...

@11:05 A.M.:

Thanks for explaining!! Lol! I knew something was going on with him, lol... he looks gruesome. And, yes, Karma is a bitch! THE BIGGEST BITCH there is!

Anonymous said...

Has anyone else ever wondered if Long Time Lurker is Julius, Beyonce's bodyguard or Matthew Knowles? I remember when Godmother started posting and she said she always posts anonymous then signs her name because she doesn't want to be tracked. it's been about a year since Lurker's last post. What in the world happened to him?

Anonymous said...

8:39 Fairy doesn't post frequently and I think the reason she doesn't is because, if Im not mistaken she is or was a Madam, so she is very, very careful when it comes to deciphering whatever story comes out thru these celebs' PR. She uses codes and no longer uses their names when posting comments to prevent libel. You basically have to figure it out.

I also, noticed that when she finishes her comment she always want us to be safe. Which is sweet of her, but she is definitely careful. I think if some of us met her in person, she will be That Lady that will unleash the dragon, with no limits. A successful author and entrepreneur. But not in this blog. No one knows who's reading what from who.

As for lurker, his comments may have ran it's course. Intelligent man he is. Wherever he is, I wish him well. Hoping he wasn't interfered by the cleaners. Be well, yall

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