How does Dr Dre only own about 25% of Beats when it was built off his name?

[winb83]

6 Reasons Why Dr. Dre's 'Detox' Album Will Probably Never Come Out | Yahoo Music - Yahoo Music
I know when Apple buys it he's gonna get some serious paper but its fukked up he doesn't own a majority share of a company that is only really relevant because his name was attached to it. Did he own more at one point and just sell down to 25% or something?

 

[Auger]

Monster paid to used his name and input

Dr Dre wasn't manufacturing them things himself

 

[MAKAVELI25]

Monster paid to used his name and input

Dr Dre wasn't manufacturing them things himself

And this is where the thread SHOULD end, but alas

 

[Data-Hawk]

This thread about to turn into the white man holding a brotha down...lol

 

[HookersandIceCream]

Are people really this stupid?



And even if he owned everything and got a trillion dollars
You are not going to see a cent.

 

[Piff Perkins]

Monster paid to used his name and input

Dr Dre wasn't manufacturing them things himself

I'm expecting a 10 page thread that ignores this post in favor of smart dumb nikka proselytizing

 

[humble Hermit]

Donald Trump doesn't own or hold a lot of ownership % in companies that has his name. A lot of rich wealthy folks, doesn't like to use their own money. They'd take loans or borrow from investors, while only fronting a small percentage. If the business fails then you lose all that and wonder why you didn't open a Swiss account or cayman islands to hide your real money.

 

[posterchild336]

6 Reasons Why Dr. Dre's 'Detox' Album Will Probably Never Come Out | Yahoo Music - Yahoo Music
I know when Apple buys it he's gonna get some serious paper but its fukked up he doesn't own a majority share of a company that is only really relevant because his name was attached to it. Did he own more at one point and just sell down to 25% or something?

so he is supposed to get more money being that overhead costs far exceed what dre has in his bank account? employees, manufacturing, research and development, warehousing other licenses that the company puts out and you expect dre to get half or more?

He made out as a bandit if he is getting 25% usually companies offer single digit deals

 

[Ohms Law]

Is Michael Jordan a majority shareholder at nike?

 

[Doobie Doo]

Who do you think gets a bigger chunk of Jordan brand.... or Nike? If you said MJ kill yo self.

 

[HookersandIceCream]

So we really living vicariously through headphones now?

Beats begins with Monster, Inc., and Monster begins with Noel Lee. He's a friendly, incredibly smart man with a comic-book hairstyle and a disability that adds to his supervillain stature: Lee is unable to walk. Instead, he glides around on a chrome-plated Segway. Lee has been making things for your ears since 1979, after he took an engineering education and spun it into a components business with one lucrative premise: your music doesn't sound as good as it could.


Noel began prototyping headphones, and dispatched his son to LA to book partnerships for a proprietary high-definition audio format. The audio format never saw the light of day, but the meetings were worth the ticket. "You gotta go get Usher, Mary J. Blige, U2," Young Lee was instructed. And from there, as he tells it, fate took over: "Sometimes things just happen a certain way...the value of serendipity," Kevin says through a halcyon smile. If he hadn't been sent to tempt artists with a vaporware surround-sound music format, "[he] would have never met Jimmy Iovine from Interscope." And it was this encounter that spawned the best bad idea in gadget history. Beats began.

When Kevin Lee went to LA to negotiate, he had nothing but a bachelors degree, and no business experience outside of working for his father. Kevin Lee flew solo against a legal, financial, and corporate monolith that dwarfed him. And that was clear from the start—as soon as the two firms tried to ink a deal, they bumped up against the negotiating might of Interscope



So in the end a minority got screwed

 

[ROFL_GUY]

 

[concise]

so he is supposed to get more money being that overhead costs far exceed what dre has in his bank account? employees, manufacturing, research and development, warehousing other licenses that the company puts out and you expect dre to get half or more?

He mad out as a bandit if he is getting 25% usually companies offer single digit deals

I'm sayin

 

[Icantspell]

 

[Data-Hawk]

The bigger question should be, how much of that 800 million is coming back to the black community??? hmmmm.


































#Inhere something something.