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Beats Electronics LLC (also known as Beats by Dr. Dre, Beats by Dre or simply Beats) is an American consumer audio products manufacturer headquartered in Culver City, California. [1] [2] The company was founded in 2006 by music producer Dr. Dre and record company executive Jimmy Iovine. Since 2014, it has been an Apple subsidiary.
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Serving as one of the company's first self-developed products after the end of its exclusive manufacturing deal with Monster Cable Products, [1] the Beats Pill was designed by Robert Brunner's studio Ammunition Design Group, and carries a capsule-based design roughly 7.7 inches (20 cm) in length.
A 2009 commercial for the Dr Pepper soft drink had Dr. Dre DJing with Beats headphones and playing a brief snippet off the never-released Detox album. [ 81 ] [ 82 ] In 2010, Dr. Dre had a cameo in a commercial for HP laptops that featured a plug for Beats Audio. [ 154 ]
Analysts polled by FactSet expected Tesla’s average sales price to fall to just over $41,000 in the quarter, the lowest in at least four years.
[12] Following the purchase, Dr. Dre and Iovine were hired as executive employees, [13] [14] and worked at Apple for years afterward; [15] Beats Music CEO Ian Rogers would oversee both Beats Music and Apple's ad-supported iTunes Radio service. [16] It was later reported by Business Insider that Apple was planning to merge the two services.
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