Dr. Dre Confirms Pending $3.2 Billion Deal Between Apple & Beats Electronics

Lenny Kravitz, Grace Jones, Lauryn Hill, Lion Babe, Thundercat, SZA & More Rock The Afropunk Festival 2015 in Brooklyn, NY.

Dr. Dre confirms the pending $3.2 billion deal between electronics giant Apple and streaming music and premium headphone manufacturer Beats Electronics. News of the deal hit the internet yesterday evening, sending techies and consumers into a fit of excitement at the idea of the potential acquisition which, aside from allowing Apple to monopolize the headphone market, will also make Dr. Dre hip-hop's first billionaire. Dre enlisted a raucous crew of friends - Tyrese and F. Gary Gray included - to assist with a celebratory video, confirming the rumored change in his position on Forbes' list of top earners. They marked the occasion with some c-walking footwork - a regional requisite - and a boisterous shout to the west coast - a celebratory reaction to the moment and an obvious reference to a very old rivalry as Dre officially raises the stakes. Check the footage below to watch the video from Dr. Dre. Stay tuned for more as details of the deal emerge.

Sign Up To Our Newsletter