Dr. Dre

Apple Buys Dr. Dre’s Beats for $3 Billion

Jimmy Iovine, Tim Cook, Dr. Dre, and Eddy Cue

It’s official. Nearly three weeks after initial reports, Apple has agreed to acquire Beats Electronics and Beats Music, founded in 2008 by Dr. Dre and Jimmy Iovine.

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Dr. Dre Celebrates Beats Deal, Declares Himself ‘First Billionaire in Hip-Hop’

Dr. Dre and Tyrese

Dr. Dre is about to become a billionaire. Apple is reportedly in talks to purchase Beats Electronics, the company he co-founded with Jimmy Iovine, for $3.2 billion. But while an official deal has yet to be announced, the hip-hop mogul got the celebration started early. He partied with some of his homeboys including director F. Gary Gray and Tyrese, who posted the video to Facebook.

“They need to update the Forbes list. Shit just changed,” said Tyrese.

“In a big way,” added Dre. “The first billionaire in hip-hop right here from the motherfu**ing West Coast.”

According to Forbes, the deal would bump Dre’s net worth to around $800 million. While not quite enough to land on the Forbes 400, it would easily make him hip-hop’s wealthiest mogul, topping current champ Diddy by $100 million.

His fellow “Forbes Five” honoree congratulated him. “This is BIG! This is Historical! If anyone deserves it, it’s you! Congratulations Dr. Dre!” wrote Puff.

See Dre celebrate the billionaire-dollar news below.

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Dr. Dre, Diddy, & Rick Ross Interested in Buying Clippers

Dr. Dre and Diddy

The Clippers are not up for sale just yet, but the buyers are already lining up. Some of hip-hop’s biggest stars including Dr. Dre, Diddy, and Rick Ross have all expressed interest in purchasing the Los Angeles team.

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Eminem, Dr. Dre, Diddy, & Nas Bring Hip-Hop Playlist to Life at Beats Music Launch

Eminem and Dr. Dre

The decade’s biggest hip-hop stars gathered under one roof as Dr. Dre and Jimmy Iovine hosted the launch of Beats Music during Grammy weekend on Friday night. For over an hour, L.A.’s Belasco Theater was transformed into a hip-hop head’s dream as a ’90s rap playlist was brought to life curated by Eminem’s manager Paul Rosenberg.

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Dr. Dre and Kendrick Lamar Party in Vegas for CES

Kendrick Lamar

Dr. Dre closed out CES with a bang, hosting Beats by Dr. Dre’s exclusive after-party at LIGHT Nightclub at Mandalay Bay Resort and Casino in Las Vegas on Thursday night. After showcasing the latest products from Beats Electronics, the hip-hop icon celebrated with will.i.am, Skylar Grey, and Washington Redskins defensive back DeAngelo Hall.

DJ Axwell provided the evening’s soundtrack, while Kendrick Lamar took the stage to perform his hits including “Swimming Pools (Drank),” “Bitch, Don’t Kill My Vibe,” and “m.A.A.d city.”

TDE is looking forward to another big year. ScHoolboy Q will drop his album Oxymoron on February 25, while Kendrick is back in the lab working on his sophomore album.

Meanwhile, Dre is gearing up for this month’s launch of Beats Music’s music subscription service, which will compete with Rhapsody, Spotify, and Rdio.

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Dr. Dre and Kendrick Lamar Preview New Song in Beats by Dre Ad

Kendrick Lamar

Dr. Dre and Kendrick Lamar are adding some boom to the holidays. The hip-hop icon and his protégé cook up a new collaboration in a commercial for Beats by Dr. Dre.

The West Coast kingpins hit the studio at 4 a.m. to work on a new track, but Kendrick is just not feeling it, so they decide to break and resume later. The “Poetic Justice” MC takes a trip to the barbershop to play the new song on his Pill speaker, while Dre listens to it at home on his Pill XL.

After figuring out what’s missing from the track, Dre gives Kendrick a call and they get back to work. Dre adds some drums and K-Dot lays down some fiery bars to complete the song.

Get a taste of their explosive collabo below.

UPDATE: The three-minute director’s cut has been added.

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Snoop Dogg Brings Out Dr. Dre, Future, Wiz Khalifa, & Ace Hood in L.A.

California knows how to party thanks to Snoop Dogg. The West Coast rapper served up the soundtrack to Saturday night while closing out the BET Experience at the Staples Center in L.A.

Following performances from ScHoolboy Q, Miguel, J. Cole, and Kendrick Lamar, Snoop proved why he’s an O.G. in the game, performing his classics and bringing out several surprise guests.

Dr. Dre joined him for “The Next Episode,” Future followed with “Same Damn Time,” and Ace Hood performed his street anthem “Bugatti.” Trinidad James turned the stage gold with his hit and Problem had the crowd singing along to “Like Whaaat.”

Snoop and Warren G paid tribute to Nate Dogg with “Ain’t No Fun,” and Tha Dogg Pound served up their West Coast hits. Wiz Khalifa also lit up the stage with his fellow smoker for “Young, Wild & Free.”

Blaze up more footage from Snoop’s surprise-filled set below.

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