Dr. Dre Sells Beats to Apple for $3 Billion – Hip-Hop Milestones
[ad_1] For Black History Month this year, Rémy Martin teams up with XXL to celebrate 10 important moments in hip-hop history. Through the years, Rémy Martin has created a synonymous relationship between cognac and music culture by representing celebration and entertainment seamlessly. In honor of hip-hop’s nearly 50-year existence, host DJ Suss One, XXL Awards Board members Kendell "Sav" Freeman, Vice President/Co-Head of Urban Music at Arista Records; Sydney Margetson, Senior Vice President of Publicity at Atlantic Records; and Traci Adams, Executive Vice President of Promotion at Epic Records, revisit Dr. Dre selling his Beats brand to Apple Music for $3 million in 2014, as a monumental milestone in the genre.When Dr. Dre and veteran music exec Jimmy Iovine started Beats Electronics in 2006, and began selling $300...