Beats By Dre Cuts The Cord

At the end of this year, Beats By Dre and Monster Cable will part ways. Jimmy Iovine says it was always in the plan to create a strong viable company that could stand on it's own. The original deal was a 5 year deal that is now coming to a close. In that time frame, not only have they become the most popular headphone company but now they have several other products from the Beats Box, their deal with Chrysler, a deal with HP and HTC buying a majority share of 51% for $300 million dollars. The brand has grown so quickly that Iovine says they have to be nimble. However, this was always the plan. The company seems to thrive. The first Beats store opened in SOHO back November. Jimmy Iovine had a lot to say except who they'll be working with. They're pretty tight lipped about that. It's reported that Beats is responsible for more than $500 million of the headphone sales.

Katt's No Klepto

TMZ reports that comedian Katt Williams and some members of his "posse" were shopping at a Best Buy in Ohio when they were accused of Stealing. It was reported that the Best Buy claimed a woman in Williams' entourage allegedly stuffed something in her purse. The entire group was being accused at that point and they all were searched. After the search, it was apparent that she hadn't stolen anything. Unfortunately, during the search the same female was cited for possessing a small amount of marijuana. After all of the accusations,searches, embarrassment, and commotion the group was released. All in all it was a black eye on both Best Buy and Katt Williams, pardon the pun!

BTW, if it's the chick in the photo she needs to steal a bottle of lotion for those elbows. Damn after she went to the extent of tattooing your face on her back I think you could at least buy her some Eucerin for her Psoriasis. #jussayin #occupylotion