Music moguls donate $70m for arts college
16 May 2013, 13:47
Los Angeles - Hit US music producers Dr Dre and Jimmy Iovine have donated $70m to the University of Southern California (USC), to found an arts and business academy, its president announced on Wednesday.
The USC Jimmy Iovine and Andre Young Academy for Arts, Technology and the Business of Innovation will enroll its first class of 25 students in fall next year, said the Los Angeles based university.
USC President CL Max Nikias said: "The vision and generosity of Jimmy Iovine and Andre Young will profoundly influence the way all of us perceive and experience artistic media."
'Most important thing that I've done'
"Our goal is to ensure that the academy is the most collaborative educational programme in the world," he added.
"I feel like this is the biggest, most exciting and probably the most important thing that I've done in my career," Dre - real name Andre Young - told the New York Times.
Dr Dre has worked with musicians including Eminem, Jay-Z and Justin Timberlake. Iovine is the chairman of Interscope Geffen A&M Records, whose artists have included Dr Dre.
The pair are the latest entertainment industry figures to donate money to the USC, after Star Wars creator George Lucas gave $175m in 2006 and filmmaker Robert Zemeckis $5m last year, the LA Times reported.