Dr. Dre & Jimmy Iovine Ordered to Pay Former Beats Partner $25 Million USD in Royalties

Entrepreneur Steven Lamar will also receive royalties.

Music
7,256 Hypes 7 Comments

Towards the beginning of this month, it was reported that Dr. Dre and Jimmy Iovine were being sued by entrepreneur Steven Lamar for unpaid royalties. As we noted, Lamar was allegedly the one who suggested the concept of creating celebrity-backed headphones to the team back in 2006, resulting in the Beats by Dre brand. Now, the verdict has been reached.

Earlier today, a Los Angeles jury ruled in favor of Steven Lamar’s claim, awarding him a $25 million USD verdict. The aforementioned number comes from the specific damages involving the Studio line of headphones, and also allows Lamar to receive royalties from the Studio 3 headphones currently for sale. Billboard notes that Lamar is “also entitled to his attorneys’ fees and prejudgement interest under California law,” which brings the complete total to over $40 million USD. The lawsuit was originally filed back in 2016.

“For anybody who has a great idea and brings it to a company and then doesn’t get the recognition or credit that they’re due … what this jury verdict says is, if that happens to you and you’re a little person, you can go into court and have a jury of American citizens determine whether you’re right or wrong,” Lamar’s attorney, Brian Melton, tells Billboard. “And if you’re right, you get the credit that you’re owed,” says Melton. “That’s what I felt when I heard the jury verdict. It indicated four years of hard work in this case of standing side-by-side with Mr. Lamar, through the ups and downs, and going against one of the biggest companies in the world with some of the best lawyers in the world.”

Melton explained to Billboard that his client had actual, concrete evidence to back up his claims, while Dr. Dre and Jimmy Iovine were unable to provide anything substantial to back up their defense; he also believes Lamar was a “more credible witness” than Iovine.

“I think whether you’re an individual who has a great idea featuring a major celebrity or you’re just any kind of person, the jury’s looking for credibility on the stand,” Melton adds. “And they got to see Mr. Lamar, they got to see Jimmy Iovine, they got to see Andre Young, Dr. Dre, and they made their decision based on witnesses on the stand. I don’t believe jurors really take into account the celebrity necessarily in these instances. The other side played it up, I think they thought playing music throughout the trial, hyping up this celebrity stuff was going to get them out of jail for free. And it didn’t work out that way.”

Read Full Article
Source
Billboard

Join Our Discussions on Discord

The HYPEBEAST Discord Server is a community where conversations on cultural topics can be taken further.

410 Users Online

What to Read Next

Damon Dash Sues Director Lee Daniels for $5 Million USD
Music

Damon Dash Sues Director Lee Daniels for $5 Million USD

This follows up Dash’s confrontation with Daniels at a Diana Ross show.

The Latest 'Breaking Big' Episode Examines Eddie Huang's Rise
Entertainment

The Latest 'Breaking Big' Episode Examines Eddie Huang's Rise

From bullied kid to culinary superstar.

Nike's Air Max Deluxe Ushers in a Duo of New Colorways
Footwear

Nike's Air Max Deluxe Ushers in a Duo of New Colorways

It’s looking like a Deluxe summer.


Bianca Chandôn Celebrates Tom Bianchi and Pride Month In New Capsule
Fashion

Bianca Chandôn Celebrates Tom Bianchi and Pride Month In New Capsule

With proceeds going to non-profit organization Visual AIDS.

POLIQUANT Joins gravis for Graphic-Rich Capsule Collab
Footwear

POLIQUANT Joins gravis for Graphic-Rich Capsule Collab

Reworked Kona sneakers, coaches jackets and hoodies.

Sasquatchfabrix. FW18 Refines Japanese Heritage With Modern Flair
Fashion

Sasquatchfabrix. FW18 Refines Japanese Heritage With Modern Flair

Effortless Japanese layering.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Help us serve you better

We appreciate your support in allowing HYPEBEAST ads, where we can share contents from the latest fashion, to those culturally relevant. In adding HYPEBEAST to your ad blocker's whitelist, ads on our sites will show while you continue to browse.