We previously reported that Dr Dre and Jimmy Iovine were headed to trial over the Beats Headphones.
You may also remember that Steven Lamar SLAPPED the business duo, Dr Dre and Jimmy Iovine with a royalties lawsuit claiming they owe him over $100 million.
Well, CelebNMusic247.com has received word that Dr. Dre and Jimmy Iovine got their news after a jury sided with Lamar. Continue on…
Here is the latest development regarding the Beats headphones lawsuit between Steven Lamar, Dr Dre, and Jimmy Iovine.
The Hollywood Reporter reports:
Lamar, a former business partner of Dre and Iovine, sued the two in 2016 for failing to pay him royalties for designing three versions of the Beats headphones. The Beats co-founders responded to the $100 million lawsuit by claiming they only owed royalties on one model, not three.
In the suit, Lamar alleged he connected Dre and Iovine with designer Robert Brunner to design and create the idea of celebrity-endorsed headphones. He also claimed to be responsible for the branding, technology, and manufacturing of the headphones.
A jury sided with Lamar, finding that Dre and Iovine owed him royalties for his work. The Aftermath Records co-founders will have to pay Lamar a sum of $25,247,350.