Dr. Dre Gets $60 Mil To Start His Own Music Service

Looks like Dr. Dre is gunning for the top spot again this year!  Forbes highest paid rapper of 2012 has just inked a deal for a new project that will have him watching the money pile up (again)!

The project, called “Daisy” is a streaming music service that was once a part of Beats electronics (creator of the coveted Beats By Dre headphones).  Ironically enough, Dre’s 2012 fortune was largely due to his Beats by Dre headphone sales. Now Dre and his Beats co-founder Jimmy Iovine, have received a $60 million dollar investment to launch Daisy as a separate standalone service from Beats.

Which means two things:  1) Pretty soon, Dr. Dre will have his own version of Pandora or Spotify, and 2) He could possibly be doubling his 2012 income this year!

According a written release from Beats, Dre and Iovine are set to launch Daisy in “late 2013.”  The two have hired Nine Inch Nail’s Trent Reznor to be the Chief Creative Officer, and Topspin media founder Ian Rogers to be the company’s CEO. 

When it launches, will you make the switch to Daisy later on this year?  Let us know below!

[Tech Crunch]