According to a report by The Wall Street Journal, they are claiming that Beats is looking to buy back HTC’s share in their company. The report states, “The moves come as the founders of Beats Electronics LLC—music mogul Jimmy Iovine and American hip-hop producer and artist Andre Young, better known as Dr. Dre—are broadening the company’s business from headphones to include speakers, audio systems in cars and consumer electronics and a soon-to-be-launched online streaming music service.”
If anything you might recall back in 2012 that the HTC and Beats brand could be parting ways, and while this was a rumor that was denied by HTC back then, assuming this report is true, it looks like things are coming round full circle! Until then do take it with a grain of salt.
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