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Podcasts Take Two
Apple reportedly on verge of buying Beats for $3.2B
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May 9, 2014
Listen • 3:56
Apple reportedly on verge of buying Beats for $3.2B
Apple is orchestrating a $3.2 billion acquisition of Beats Electronics, the headphone maker and music streaming distributor founded by hip-hop star Dr. Dre and record producer Jimmy Iovine, according to a published report.
Atmosphere at the Beats By Dr Dre: Show Your Colours photocall at Covent Garden on November 9, 2012 in London, England.
Atmosphere at the Beats By Dr Dre: Show Your Colours photocall at Covent Garden on November 9, 2012 in London, England.
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Simon Burchell/Getty Images
)

Apple is orchestrating a $3.2 billion acquisition of Beats Electronics, the headphone maker and music streaming distributor founded by hip-hop star Dr. Dre and record producer Jimmy Iovine, according to a published report.

\What do you get when you combine Apple and Hip Hop artist Dr. Dre? A potential $3.2 billion deal between Apple and Beats Electronics, the company partially owned by Dre. 

There's no deal yet, but for more on where things stand we're joined by Brian Cooley from CNET.