Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

Dr. Dre Reportedly Lost $200M After Leaking News of Apple-Beats Deal [Video]

by Precious Gibson
May 6, 2022
Reading Time: 2 mins read
0
Dr. Dre Faces New Emotional Declaration from Ex-Therapist Who Claims Harassment Led Him to Wear a Bulletproof Vest

(Photo by VALERIE MACON / AFP) (Photo by VALERIE MACON/AFP via Getty Images)

Share on FacebookShare on Twitter

Dr. Dre and Jimmy Iovine’s lucrative Beats Electronics deal was nearly scratched after Dre leaked the news early.

In New York Times reporter Tripp Mickle’s new book, “After Steve: How Apple Became a Trillion-Dollar Company and Lost Its Soul,” the deal is broken down. Apple purchased the company, but Dre nearly sabotaged the famous business move when he dropped a video on social media proclaiming he was “the first billionaire in Hip Hop.”

It was Diddy who ultimately broke the news to Iovine that singer Tyrese had shared a drunken video of him and Dre on camera boasting about his new billionaire status. Iovine viewed the footage and “cringed” at the sight of the visibly tipsy men spilling the classified tea.

According to Mickle, news of the video reached Apple CEO Tim Cook, and he summoned Iovine and Dre to discuss the next steps. Though calm in demeanor, Cook expressed his disappointment with the men and explained that he wished Dre’s public outburst had not occurred. Luckily, Cook was not upset enough to call off the entire deal.

Cook quietly used the moment as a grounds to deduct $200 million from the offer. Original reports from that time show that the purchase price had been switched from $3.2 billion to $3 billion, though it was suggested that Beats Music’s low subscriber count was the real culprit.

See clip below:

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Related Posts

Baseball Star Wander Franco Found Guilty of Sexually Abusing a Minor in the Dominican Republic
News

Baseball Star Wander Franco Found Guilty of Sexually Abusing a Minor in the Dominican Republic

June 26, 2025

Tampa Bay Rays infielder Wander Franco, 24, was found guilty on Thursday, June 26th, in the Dominican Republic for engaging in...

Another Child Dies in Fast-Growing Texas Measles Outbreak
News

North Carolina Confirms First Measles Case of 2025—Unvaccinated Child Triggers Health Scare

June 26, 2025

North Carolina health authorities are warning residents after the state confirmed its first measles case of 2025. The case involves...

Dwight Howard Mourns Beloved Dog Sunday After Alleged Hit-and-Run: “I Need Answers"
News

Dwight Howard Mourns Beloved Dog Sunday After Alleged Hit-and-Run: “I Need Answers”

June 26, 2025

Dwight Howard is grieving the tragic loss of his dog, Sunday, who was reportedly killed in an alleged hit-and-run incident...

Planned Parenthood Faces Major Federal Funding Cuts as Trump Administration Pulls Support Starting This Week
News

Supreme Court Just Gave States the Green Light to Block Planned Parenthood—Even If Patients Suffer

June 26, 2025

The U.S. Supreme Court just handed a big win to Republican-led states like South Carolina, ruling that Medicaid patients can’t...

Next Post
Dave Chappelle's 'SNL' Monologue Sparks Backlash from the Anti-Defamation League

Dave Chappelle Attacker Told Comedian He Ran Up on Him to Get Attention for Grandmother Who Was Forced Out of Neighborhood Due to Gentrification

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d