Wednesday, January 7, 2015

Audio Company sues Monster Beats due to scams – NU.nl

Audio Company sues Monster Beats due to scams – NU.nl

This was reported by USA Today .

Beats was last year for $ 3 billion purchased by Apple. After the founding of the company collaborated with Beats Monster for the development of the popular headphones.

Monster would the technology have made production and distribution, according to the company Beats recognizes that. Moreover Beats have stripped through scams obligations in collaboration with Monster.

Beats and Monster signed a contract for five years, but within that contract went Beats even collaborate with HTC after an investment of 300 million dollars.

Later bought Beats rights HTC back to the company was sold to Apple. Because of the investment from HTC and buy back all rights could come Beats under obligation in the contract with Monster, it says in the indictment.

Normally, all rights the technology behind the Beats headphones after five years remained at Monster, but thanks to the change of duties within the company got Beats Dr. Dre and Iovine all rights owned. What Monster Beats demands, is not clear.

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By: NU.nl

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