Dr Dre

Dr. Dre's Beats Suing Alleged Counterfeiters For Billions In Lost Revenue

(AllHipHop News) Dr. Dre and other investors at Beats Electronics made a windfall when the company was purchased by Apple earlier this year for $3 billion. According to reports, and even greater sum of money could possibly be transferring to the company as well.

[ALSO READ: Kanye West Speaks On Jay Z’s Samsung & Dr. Dre’s Apple Deals (VIDEO)]

TMZ is reporting Beats has filed a lawsuit against unnamed Chinese websites that have been selling counterfeit Beats headphones. These sites have apparently made over $135 billion. Beats wants the sales of the fakes to stop and to seize the Chinese companies’ profits.

The real Beats Electronics has been a major financial success. Beats’ revenues have jumped from a reported $350 million in 2011 to over $1 billion in 2013.

[ALSO READ: Hip-Hop Rumors: Dr. Dre Is Spending Money Like Crazy!]

 

 

  • IceBergSlim

    Are you serious..Dre acts like chick sometimes ..man take your Billion and keep it moving. you can not stop that pimp move. That is a bonafide hustle

  • Markus

    Dre has to understand. Everything popular in life gets duplicated. Everybody doesn’t have 300 dollars to put down on headphones which is ridiculous by the way. So if someone is selling Beets by Dray for 150, some people are going to do that.

  • Dre need to relax, not everyone has millions of dollars to spend at any given time…There are still regular who are struggling to survive in such hard times. The same underpaid workers in china are the same ones making copies so that they can feed their families… Pay them more money

    • Ipullcards

      What are u speaking of? Can you stay on topic? They are counterfeiting his product. Of course suing them is in order..

    • Killuminati

      It’s most likely a sweatshop making them and them people are not getting paid shit…it’s the people who are running these shops who are making the money….think before you speak wtf

  • Slick Blak

    SHIIIIT I got the authentic Beats then my nigga let me use his and I’m like “ok but I got my own nigga”. He like how mines sound? I’m like the same as mines nigga wtf? He starts laughing telling me bout this same Chinese website and the bootleg Beats. The nigga ordered like ten pairs and CAKED off it! SMH

  • Savimbi

    china man don’t play lol

  • yelihu

    good move on his part.

  • cromthelaughinggod7

    They are the worst headphones ever. Why pay all the money for them and they are not flexible at all and break very very easily. Complete over hype for beats by dre.

    • Jared

      Maybe but I’ve had the same Beats pro for over 3 years and still going strong. Maybe the cheaper ones do

    • TheAfroRican

      I’m in no hurry to buy a pair. I’m still working with a pair of Sony studio headphones I bought from Wal-mart five years ago. I sometimes have them hooked up to my ASR-10 and still sound just as good.

  • Jay

    Isn’t Beats owned by Apple now? I know Dre has a position in the company but the final say should be Apple’s and not Dre and Jimmy Iovine word.

    • TimeWillTellu1

      That was an ignorant comment. Do your research before speaking.

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  • Nothing wrong with that, if someone / a company is counterfeiting your product thats what you do. Put yourself in their shoes, those dudes are stealing from them and costing them money.

    It seems as if some of you peeps want Dre at al to let it slide. If that’s your train of thought sorry but you don’t understand business.

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