Dr. Dre is about to be a billionaire.

it boils down to this i believe...


iTunes Store Customer Spending Down 24 Percent Year Over Year (Report)

The stat highlights the dramatic effect that the download sales decline has had on customer interest within the iTunes Store.

It would seem that Apple's purchase of Beats and attendant move into the streaming music service business was prescient.
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Fortune, citing a report from Morgan Stanley analyst Katy Huberty, writes that Apple's per-user spending in its iTunes Store -- which sells and rents television shows, movies and books as well as music -- dropped 24 percent year over year.
The decline isn't new news -- Nielsen SoundScan reported in January that U.S. download sales had decreased 5.7 percent in 2013 -- but the dramatic effect that the download sales decline has had on customer interest within the iTunes Store certainly is.
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Streaming music has yet to stem the tide of industry revenues' general decline, down worldwide by $600 million last year. That, in spite of a 51 percent increase in revenues from streaming.
As reported in January, 49 percent of music-directed investments -- totaling $838 million -- went to services that license music, services like Beats Music, Rdio and Spotify.
Apple, which posted Q2 2014 revenues of $36 billion to $38 billion, had a good year with iTunes in 2013, bringing in $16 billion, up 25 percent over the year previous.
This article first appeared on Billboard.com.


http://www.hollywoodreporter.com/news/itunes-store-customer-spending-
down-708160

 

From the "probably still won't happen file": Now that money isn't an issue, I hope Dre can actually produce and release music from more artists, and his own Detox. Over the years, only Eminem and 50 have gotten any long-term traction from being affiliated with him. Virtually all the other signees over the years (King Tee, Rakim, Raekwon, Busta Rhymes) either never put an album out or in Busta's case, put out one LP, with maybe 1-2 cuts from Dre himself and that's it. Even Kendrick Lamar's LP had, what, only one actual Dre' production on it?

 

Dre called A “Sellout” For Merging Beats With Apple

 

There must be some synergies with iTunes and Apple's media delivery strategy that we don't see yet. Or, they could just be trendy nimrods and Steve is rolling over in his grave as we speak (or urn or whatever was done with his remains).

 

Dre is moving on up...

The lucrative sale of Tom Brady's home to Dre for $50 million was no secret when it happened last month...
What is (was) secret is how gorgeous Dre's own current house is, which he just put on the market.
Asking price... $35 million. Compton in the house!


FOR SALE!














The future digs....

 

Wow, Tom Brady has a house in L.A. too? I thought he lived in Boston. Talk about living in style! Well done, Dr. Dre!

 

At what point does a mansion for a single family become TOO big??


When your house could moonlight as a hotel and you need a staff bigger than the actual members in your nuclear family to maintain it, IMO that's too much house.:smt030

But hey what do I know??
I'm just a little on the bottom looking up at the bright lights.

Living in houses that big would make me paranoid because of the amount of security I'd need to protect my property.

 

Electronics, dogs and guns. It would be simple to protect that property. Dont think i would want a house that size but paranoia will never be the reason.

 

Looks like the house TI used in House of Lies

 

^ ^ Have never seen that...show? Movie? ^ ^ ^

Dre's new home he bought from Tom is located in Brentwood, CA.

Tom is currently building yet another mega-mansion in Boston much larger than the one he just sold to Dre. It's insane.

Agreed!

 

You'd love House of Lies it's with Don Cheadle, he's amazing, and lots of IR scenes.

 

Ah, as soon as you mentioned Don Cheadle, I remembered seeing and commenting on a pic of him in the media section with "Veronica Mars". I haven't seen the show, but I will now. Thanks for the reminder.

 

It must suck at some level to have so much that the threat posed by others who want to take it becomes a preoccupation. I have never wanted a car so nice that a carjacker would want it.

 

Exactly!!! Who the fuck are you trying to impress? I was looking at the Acura MDX the other day, very very nice vehicle, I like all the bells and whistles with the new technology but guess what they got the new Jeep Cherokees with pretty much all the same shit for 12k less. It's a damn no brainer.

 

You're styling more than me! The nicest car I ever sprung for was a Saab 9.2 turbo hatchback (a Saab/Subaru hybrid), which I later totaled. I don't spend enough time in a car to spend a lot of money on one, even if I could.

 

After this last winter I won't be caught out there without a 4wheel vehicle that can handle the snow again. Even though our offices are in the city I drive around a lot in the burbs and my parents live out there so if I need to get to them I want no issues.

 

Given the spatial dimensions, those homes can create a sense of alienation between family members as they retreat to their cubbyholes and rarely speak to each other.

I knew a guy in real estate who loved selling those palatial estates to married couples, because he knew in seven years he'd be called to sell it again once the divorce papers were filed.

 

It's good to see a person with a 4WD that they actually need/use. If I had a dollar for every single person I see driving alone in a sport utility vehicle with neither sport nor utility (i.e. no kids sports team, tools, equipment, construction materials, etc), I'd be a rich man.

Have you ever tried out the Dr. Dre headphones? What's the big deal? I hear Lebron made some money off of them as well as an early investor. Are they that nice?

 

They are but their are cheaper options that are really good but not as good and apparently not with the same marketing team.
Think Zune vs Ipod. The Zune may have not have been as nice as an ipod but pretty much the same thing more or less for nearly half the price. Apple has really shown us how insane marketing can make people. They pretty much Jedi mind tricked the fuck out of all of us lol

 

The genius of making 'lifestyle' drive the product as much as functionality.