Tag: jimmy iovine

Dr. Dre USC Commencement Speech

After donating $70 million to the University of Southern California this week, Jimmy Iovine introduced Dre during yesterday’s commencement ceremony. Here’s what the good Doc prescribed. “I am excited and I am proud to now be a member of the Trojan family. I would also like to say congratulations to the University of Southern California’s Class of 2013.” ru

Dr. Dre & Jimmy Iovine Donate $70 Million

Recession? What recession? Later today, Dr. Dre and business partner Jimmy Iovine will donate $70 million to the University of Southern California. The endowment will be used to create the Jimmy Iovine and Andre Young Academy for Arts, Technology and the Business of Innovation. Set to launch in Fall 2014, the four-year program will offer undergrads courses in entrepreneurship; technology, art, design and marketing. In a statement, USC President C.L. Max Nikias says: “The vision and generosity of Jimmy Iovine […]

HTC Partners With Beats By Dre

Smartphone maker HTC is set to acquire a majority stake (51%) in Beats Electronics, LLC for $300 million. As part of the deal, HTC plans on improving the sound quality and incorporating Beats technology to their mobile devices. In addition, Beats will continue its relationships with Chrysler Group and Monster Cable Products. “The marriage of these two companies is very, very good. We are very good for each other,” says Jimmy Iovine, the chairman of Interscope Geffen A&M Records and […]