Beats Founders Dr. Dre and Jimmy Iovine Fund USC Entrepreneurship Academy

Dr. Dre performs at the 2012 Coachella Valley Music & Arts Festival in Indio, Calif. Photograph by Paul A. Hebert/Getty Images

Hip hop artist Dr. Dre and producer Jimmy Iovine have given $70 million to the University of Southern California for a new academy that will be of particular interest to business students. The program will offer a four-year degree designed for budding entrepreneurs in the arts and entertainment.

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