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Dr. Dre’s Beats Suing for $135 Billion in Lost Revenue

http://www.thefinalemagazine.com/2014/07/dr-dres-beats-suing-135-billion-lost-revenue/
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TMZ is reporting Beats has filed a lawsuit against unnamed Chinese websites that have been selling counterfeit Beats headphones. These sites have apparently made over $135 billion. Beats wants the sales of the fakes to stop and to seize the Chinese companies’ profits.

The real Beats Electronics has been a major financial success. Beats’ revenues have jumped from a reported $350 million in 2011 to over $1 billion in 2013.

 

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