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Beats Electronics LLC is a privately-held company that makes high-end headphones bearing the name of hip-hop music producer Dr. Dre. Beats Electronics LLC offers over-ear headphones, in-ear headphones, and speakers. Beats Electronics LLC was founded in 2006 by Dr. Dre and Jimmy Lovine, and is headquartered in Santa Monica, California.
| Company Tags: | Minority Owned |
| Year Founded: | 2006 |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 1YR Employee Growth Rate: | View % |
| City: | Santa Monica |
| State/Province: | California |
| Country: | United States |
| Website: | www.beatsbydre.com |
| Parent Companies: | |
| Affiliate Companies: | |
| Brands: | Beats by Dr. Dre Daisy Heartbeats by Lady Gaga |
| Founders: | Andre Young ("Dr. Dre") Jimmy Lovine |
| Consumer Products > Consumer Electronics > Bluetooth Products |
| Consumer Products > Consumer Electronics > Speakers & Audio Equipment |
| Consumer Products > Consumer Electronics > Other Consumer Electronics |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
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$99 Single Company AccessInstant Full Site-Wide Access| Financial Notes: | |
| * | Beats Electronics LLC fiscal year end: 12/31 |
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$99 Single Company AccessInstant Full Site-Wide AccessBeats Electronics LLC Revenues ($ MM): |
Beats Electronics LLC Total Employees: |
Beats Electronics LLC Productivity (Revenue/Employee) ($ MM): |
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$99 Single Company AccessInstant Full Site-Wide Access| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Jan. 2008 | Completed | View | View | Joint Venture / Partnership Formed | View |
| Details | Apr. 2011 | Announced | View | View | Joint Venture / Partnership Formed | View |
| Details | Aug. 2011 | Completed | View | View | Majority Acquisition | View |
| Details | Jul. 2012 | Completed | View1 | View | Acquisition | View |
| Details | Jul. 2012 | Completed | View2 | View | Acquisition Direct Share Purchase | View |
| 1 | The sale was only for...Read More → |
| 2 | Beats re-bought...Read More → |
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$99 Single Company AccessInstant Full Site-Wide Access| Date | Investor | Round | Investor Type | |
| Mar. 2013 | View | Platform Launch | Corporate | |
| Mar. 2013 | View | Platform Launch | Angel / Individual | |
| Mar. 2013 | View | Platform Launch | Angel / Individual | |
| Mar. 2013 | View | Platform Launch | Angel / Individual | |
| Details | Total Round Platform Launch1 View | |||
| Total of Funding Shown Above View | ||||
| 1 | This funding round will be...Read More → |
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$99 Single Company AccessInstant Full Site-Wide AccessBeats Electronics LLC designs and sells high-quality headphones, both in-ear and over-ear, specifically to a younger consumer base. Beats Electronics LLC's artist series headphones features products made in collaboration with Lady Gaga, Lebron James, and Sean "Diddy" Combs. Beats Electronics LLC's wide variety of headphones, as well as its celebrity headphones, help Beats Electronics LLC remain an industry competitor.
A large part of Beats Electronics LLC's success comes from its targeted marketing campaign and strong appeal to young adults. Beats Electronics launched its Beats by Dr. Dre line with the slogan "People aren't hearing all the music". The motive behind Beats Electronics LLC's products and Dr. Dre's design is that it allows consumers to hear music in the same way artists listen to music in the studio.
Revenues
Beats Electronics LLC sells high quality headphones and speaker through its own retail store, its website or through authorized retail sellers to the general public.… Continue Reading →
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| Private Companies | 209,401 |
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