Dr. Dre & Jimmy Iovine to Pay $25 Million to Ex Business Partner

Earlier this week, a Los Angeles jury decided that Stephen Lamar is owed royalties from the Beats By Dre headphones. Lamar, was business partners with Dr. Dre & Jimmy Iovine. He filed his lawsuit back in 2016, claiming that both Dr. Dre & Jimmy Iovine had breached the contract & needed to pay him royalties for the design for the original Beats headphones.  Lamar was responsible for helping design three Beats by Dre models, the Studio 2 Remastered, the Studio 2 Wireless and the Studio 3. The jury decided that Lamar was to be paid a total of $25,247,350.


 
 
Cuzzin Dre

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