New MacBook Pros are here! Get the lowest prices anywhere: Apple Price Guides updated Sept 1st (exclusive coupons)
 


Friday, May 09, 2014, 05:29 am PT (08:29 am ET)

Dr. Dre, Tyrese share Heineken-fueled celebration of Apple's alleged Beats acquisition

In a video initially posted to Facebook and subsequently pulled, West Coast rappers Dr. Dre — the cofounder of Beats Electronics — and Tyrese appear to be celebrating the rumored sale of Dre's headphone brand to Apple, seeming to confirm that the deal is legitimate.


Dr. Dre and LeBron James wearing Beats.


Proclaiming Dre "the first billionaire in hip hop," the video was originally released on Tyrese's Facebook page, captioned thusly:

"How did I end up in the studio with Dr Dre ON THE night his deal went public that he did with Apple 3.2 BILLION!!!!! The BEATS HEADPHONES JUST CHANGED HIP HOP!!!!!!"


Word that Apple was nearing a $3.2 billion acquisition of Beats broke late Thursday afternoon. It was quickly followed by a rumor that Beats CEO and Universal Music Group chairman Jimmy Iovine was in talks to join Apple as a "special advisor" to CEO Tim Cook.

Note: The video embedded below includes profanity.



According to reports, Apple would control both the Beats headphone business and its new streaming music service. Many industry observers have expressed skepticism, however, that either of those rumors are legitimate.

Beats is not thought to have much in the way of proprietary technology, generally the driver of acquisitions for Apple. The company's streaming music rights are also unlikely to be transferable, meaning they would need to be renegotiated regardless of the deal's structure.