Jury Rules Dr. Dre, Jimmy Iovine Owe Millions in Beats Headphones Case

Jun 27, 2018  •  Post A Comment

“A jury on Wednesday found that Dr. Dre, music mogul Jimmy Iovine and their headphone company Beats Electronics owe a former partner $25.2 million in royalties,” the AP reports. “The Los Angeles Superior Court jury found Wednesday by a narrow 9-3 margin that Beats breached a contract with Steven Lamar and his company Jibe Audio.”

The report notes that Dr. Dre and Iovine, the music producer and co-founder of Interscope Records, both testified during the trial but were not in court for the verdict.

“The suit said Lamar in 2006 came to Dr. Dre, whose real name is Andre Young, with the idea for celebrity-endorsed headphones. Attorneys for Lamar contended he was owed over $130 million for a dozen different models of headphones,” the AP reports. “The defendants acknowledged that Lamar was involved in initial plans, but argued he was only owed for one product, the original Studio model, and was already paid.”

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