Dre Dre’s Former Business Partner Claims Dre CHEATED Him Out Of 100 Million Dollars?!?!

According to reports, a trial has begun at the Los Angeles Supreme Court Friday after entrepreneur Steven Lamar claims to be left out on $100 million dollar in royalties from Dr. Dre, Jimmy Iovine & the Beats Headphones.

Lamar, who’s suing the trio, claims it was him who proposed a line of celebrity-endorsed headphones to Dr. Dre & Iovine back in 2006 that was based on a design by Robert Brunner, a renowned industrial designer.

However the guys had a fallen out in the early years, which left Dre and Iovine to sue Lamar for breaching contract. This prior lawsuit then led to a settlement where Lamar relinquished rights in exchange for a four percent royalty on every headphone sold by Monster and its affiliates. After the settlement, Beats released new headphone models and began paying a two percent royalty to Brunner until sometime in 2014 when Beats bought out Brunner’s interest. Dre and Iovine would later sell Beats to Apple for $3 billion.

For More Content Like This Click Here: http://bit.ly/2FUEnLI

**********************************************************************

CHECK THIS OUT!

CHARGE YOUR PHONE WITHOUT THE CORD WITH THIS WIRELESS CHARGER: http://bit.ly/QICHARGER

**********************************************************************
The Latest Hip Hop News, Viral Headlines, And Breaking stories. News Updated Daily!

**********************************************************************

SUBSCRIBE TO HIP HOP UNCENSORED HERE: http://bit.ly/2ugHHhS

**********************************************************************

Check Out Our Website: https://hiphopun.com
Follow Us On Instagram:
Follow Us On Twitter: https://twitter.com/HHU4life
Like Our Facebook Page: http://bit.ly/2x5Hm2H

COPYRIGHT TAKEDOWNS: ogod@hiphopun.com

Intro Music: By @kingtoro84 On Instagram For More Beats!
*Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. No copyright infringement intended. ALL RIGHTS BELONG TO THEIR RESPECTIVE OWNERS*

Next Post

Donald Trump will not invite Lebron James or Stephen Curry to the White House [My Mixtapez News]

Sat Jun 9 , 2018
SUBSCRIBE to the My Mixtapez YouTube Channel for more original My Mixtapez material, music video premieres, and more: https://goo.gl/ngI1FG Check out more of My Mixtapez here: (Website) http://mymixtapez.com/ (Instagram) https://www.instagram.com/mymixtapez/ (Twitter) https://twitter.com/mymixtapez (Facebook) https://www.facebook.com/mymixtapez/ (Snapchat) - mymixtapezapp My Mixtapez is a powerful app where you can play and download free mixtapes from indie artists around the world. Listen to the right music, the music you love, wherever you are. Download and stream your favorite Artist, Dj's, & producers music. My Mixtapez premieres all the hottest mixtapes, singles, music videos, interviews all in the palm of your hand and on the go. So you'll never miss out on the latest in music. Migos, Lil Uzi Vert, XXX Tentacion, Future, Meek Mill and the List goes on! Make your friends jealous and Share all the exclusive music we premiere on the app via the "Share Button". Download the app and see why we are the number one music app for Hip Hop and the only mixtape app Artist actually use. My Mixtapez is the Premiere spot for all the latest mixtapes and singles from today’s BIGGEST hip-hop artist.