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Beats By Dre Reportedly Looking for Investors to Buy Out HTC’s Share of the Company

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It seems that HTC just can’t catch a break these days. The HTC One isn’t saving the company as HTC hoped and sales in some of the past quarters have been disappointing. As the numbers have rolled in, they have signaled for Beats By Dre to look for other investors in their company. HTC purchased a majority share of Beats almost 2 years ago and despite having sold off 25% of that share already, Beats wants HTC out completely. 

According to the WSJ report, Beats already tried to buy out HTC’s share earlier this summer, but failed. There was a “difference in opinion on strategy” when it came to HTC and Beats. Now that Beats makes much more than just headphones, it’s not surprising that they are looking to drop the struggling HTC from their portfolio. The only question at this point if HTC will decide to sell their stake.

Via: WSJ

  • https://www.facebook.com/aaron.williams.125 Champion1229

    Beats has just gone down hill ever since Monster stopped manufacturing their products! The “new” models are a joke compared to the quality products they used to produce and sell (although they’ve always been overpriced at least the older ones could stand up to some abuse).

  • Cristian Lorenzo

    Why is Beats even on this phone? This is an ENTHUSIAST phone, no enthusiast likes this stupid overpowered equalizer that you can’t turn off because it results in music being under powered. Beats is for consumers that don’t know any better, we, the enthusiasts, know how crappy and overpriced they are so when it comes down to it the EQ feature just bugs us all. HTC: You made a great phone that sounds amazing, but it could sound better if these features were optional.

  • Daistaar

    Makes me wonder what ever happened to that Beats phone that was rumored awhile back?

    http://www.droid-life.com/2012/08/29/beats-rumored-to-be-planning-their-own-smartphone-and-beats-ecosystem/

  • Morgan Casteel

    None of you guys have any idea what you’re talking about when it comes to beats audio. Just a bunch of haters who think they have good ears for sound. You’re definitely not audiophiles.

  • Mike Hilal

    They CAN make beautiful things, and COMPLETELY ruin them with weird buttons and laggy sense 5. HTC has an opportunity to make AOSP phones with tweaks (camera, etc…) and premium hardware, yet they continue to festoon their devices with crap software and odd key layouts. Im not shocked this is happening.

    • Luisito Mercado

      Laggy Sense 5??? Sense 5 barely lags, dude… da fuq u talkin bout?? lol

      • Mike Hilal

        The devices I played with were quite laggy. Even after a reboot. Just face it man, MFG skins are awful…they’d do best to just add their features to AOSP and call it a day.

        If what they were doing was good, they’d obviously be selling phones. HTC has been in a nosedive since Sense 3….just plain terrible. Touchwiz is just as bad, but in a different way. It’s too much gingerbread, and hideous to look at.

  • Rob Delaney

    A Beats phone? Not a phone running Beats but actually branded as a Beats phone (unlike the HTC First “Facebook” phone). smh

  • http://www.hammertechnologies.net/ Chase Johnson

    Beats is crap. I wish these severely overpriced overhyped products like Beats and Monster Cables would go away. Of course it would have to be up to the people that actually pay for this stuff to stop buying it.

    • rutgersjaffo

      But, but, but…LB told me beats was the shiznit, yo!

    • Trueblue711

      It’s all about brand name and status with Beats since they’re wearable. It’s like the male equivalent of buying a $800 Gucci purse.

    • FknTwizted

      as i said earlier great marketing… Hell i even fell for it cause im a child of the 80’s and 90’s and was a huge fan of Dr. Dre and NWA… but when i saw the price tag i was F*%$ That. Motorola and their customized phone if marketed right will be a huge success because people want to customize more than phone specs.. they just want the phone to work ie iphone. if you don’t believe me look at how much is spent on accessories.

    • Daistaar

      Monster can go away and die a slow painful death with Blackberry. Beats, are actually exceptional quality. Try them out. Very great sound across a vast and varied genres of music and video. Money well spent if you can take care of them. It’s not EQ like many people think.

      • Ibrick

        Anything produced by Beats can be bested easily in sound quality by something 1/3rd the price. Insanely overpriced, overhyped.

      • https://www.facebook.com/aaron.williams.125 Champion1229

        I used to love their products but after my iBeats literally broke into multiple parts (both speakers broke off from the cord) I decided to look else where and found the SOL Republic JAX headphones for just under $40. They sound very similar albeit the bass isn’t as overpowering (it makes up for that with the crisper highs and mids). You can say whatever you want about beats but at the end of the day you’re only paying for about $40 worth of sound quality with hundreds of dollars going into the brand.

  • florious80

    HTC should have spent the money making a phone that more people want, not on gimmicks like Beats or RDJ. Well, maybe RDJ is well spent, who knows… advertising is a funny thing.

    • TSY87

      although I agree with you… samsung probably has the most gimmicks on their phones… i seriously use none of the “features/gimmicks” on my S4. The only one I actually will miss when i switch to cyanogen is the remote control feature.

      • florious80

        Same here. I have not touched most of the “features” Samsung baked into Touchwiz.

  • FknTwizted

    The problem I see isn’t in htc’s product line but, in their marketing approach. Samsung may not have the best gear but they market it quite well to the average person to make them desire their product. The old gimmicks of advertising bang pow stuff like Motorola and htc do doesn’t work on the typical buyer now. And do the hate on me for this but apple does a great job of this and Samsung just took a page right out of it.

  • Tim242

    Birds of a feather flock together. They both have lost too many feathers to fly any longer.

  • Ron_Swanson

    Beets by Dwight Schrute > Beats by Dr. Dre

  • ThunderJayhawk35

    HTC is definitely the little engine that could…but this ain’t a kid’s storybook

  • EC8CH

    HAHA… told you so.

    ~The Internet

  • kretz7

    I’m not sure how the marketing angle works there. Brand recognition on millions of devices, but let’s just put a stop to that. Good luck with your over priced, under performing product.

  • diversion

    They can sell them some of these delicious beets….probably also by Dre.

    • Harry Ballsachs

      What about beets by Schrute?

      • beverlymcnear22

        I quit engaging at shoprite and currently I build $35h – $80h…how? i am operating online! My work did not precisely build Pine Tree State happy therefore i made a decision to require an opportunity on one thing new… when four years it absolutely was therefore onerous to quit my day job however currently i could not be happier. Heres what I do http://www.Buy35.com

        • master94

          Your a online prostitute. Get out of here spam bot

      • michael arazan

        Bears eat Beets. Beets, Bears, Battlestar Galactica

        • mx

          So good. Probably my favourite intro to the Office ever.

          Michael!!!

    • AndreKP2124

      Looks delicious, but It might be expensive (For example: 1 pound by $50)

  • Ryan

    Beats by Dre is just as worthless.

    • John

      Yep. It’ll also get you mugged in some places.

      For example, in Chicago:
      http://www.myfoxchicago.com/story/23160591/man-brutally-beaten-robbed-for-his-beats-by-dr-dre-headphones

      • michael arazan

        Motorola’s New Headphones are a lot nicer that just came out a few weeks back, S11-Flex HD Bluettoth stereo, but are over $100

      • http://Facebook.com/jooski JooSki

        That is what happens in a city that you are not allowed to conceal carry. The robbers know that you do not have a gun to defend yourself.

        • John

          True. Illinois actually came one step closer today

  • Ray Gray

    Smart move by Beats HTC wont be around much longer!

    • Chris

      Other way around buddy.