By Damilola Faustino
Dr. Dre and his Beats by Dre business partner Jimmy Iovine have been ordered to pay out $25 million to their former business partner Steven Lamar.
Lamar accused the pair of stealing his idea for celebrity-endorsed headphones, while Dre and Iovine argued that Lamar was only entitled to royalties from the first headphone model.
Lamar initially sued the pair in 2014, seeking $100 million in royalties. The lawsuit was previously dismissed by a judge back in 2015, finding that the royalty agreement related only to the first headphone model.
However, the lawsuit was later revived by an appeals court in 2016 and went to trial last month. The jury has now ruled against the rapper and Iovine, deciding that Lamar is owed royalties on three models – the Studio 2 Remastered, the Studio 2 Wireless, and the Studio 3.
The jury broke down the figure between the three models of headphones – awarding him over $7 million for the Studio 2/Remastered headphones, $14 million for the Studio 2 Wireless version and another $2 million for the Studio 3 cans.
Dr. Dre and Jimmy Iovine sold Beats by Dre to Apple in 2014 for $3 billion.
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