COOL V'S RATED NEXT: APPLE TO ACQUIRE BEATS BY DRE & BEATS MUSIC FOR...3.2 BILLION!!!

 
 
Tonight, reports have hit the web that Apple is in negotiations to buy Beats, owned by Jimmy Iovine and Dr. Dre, for $3.2 billion. Ironically, late former Apple CEO, Steve Jobs would have been against Apple making this ballsy move but with Tim Cook in the driver's seat looks like he thinks otherwise. Given Dr. Dre’s recently estimated net worth of $550 million, it is quite possible sale of his equity stake in Beats could make him Hip-Hop’s first billionaire. Until recently, it was all but given that Jay Z would be the first Hip-Hop mogul to cross the threshold, with Sean “Diddy” Combs being the other most likely contender. But, after leaving both Ruthless and Death Row records virtually penniless. It certain looks like Dr Dre & Jimmy Iovine are going to def cash that check & get paid. Sorry Jay Z & Diddy...it looks like the whole industry def forgot about Dre! And it looks like this will help Apple as the company has not done so well with iTunes Radio & dropping digital music sales. Def a newsworthy moment for Hip-Hop, the whole music industry & even for Apple!