Hypebeast -
9 Jun 2018 22:38
Upon celebrating 10 years of success with the Beats brand, Dr. Dre, Jimmy Iovine and Beats Electronics are being sued by entrepreneur Steven Lamar for more than $100 million USD for unpaid royalties. Lamar was apparently the one to suggest the idea of creating a line of celebrity-backed headphones to the team back in 2006, resulting in the Beats by Dre brand. When Lamar was sued for breaching a contract, he settled by forgoing his rights and opted to receive a 4% royalty for every headphone sold...
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