Dr. Dre & Jimmy Iovine Donate $70 Million to USC
Hip-hop star Dr. Dre and music mogul Jimmy Iovine are scheduled to announce Wednesday a $70-million donation to USC for a new academy that they say will give students new facilities and the tools they need to break into the rapidly changing music industry.
“I feel like this is the biggest, most exciting and probably the most important thing that I’ve done in my career,†Dre, whose given name is Andre Young, told the New York Times.
The donation will establish the USC Jimmy Iovine and Andre Young Academy for Arts, Technology and the Business of Innovation. The four-year undergraduate program aims to foster entrepreneurship and bridge entertainment, engineering, computer science, fine arts, graphic design, business and leadership training. The first class of 25 will be enrolled in the fall of 2014.
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