Hip hop legend, Dr. Dre (Andre Young), and music industry entrepreneur Jimmy lovine donated a combined $70 million to create a new institute at the University of Southern California, announced the university on Tuesday night.
The funds are used to create the Andre Young Academy for Arts, Technology, and the Business of Innovation. The two have been music business partners in the past. The academy will provide a four year program for undergraduates interested in a vast of fields including marketing computer science and visual design. The program will have one-on-one faculty mentoring with professors from around the world in the entertainment industry luminaries.
"The vision and generosity of Jimmy lovine and Andre Young will profoundly influence the way all of us perceive and experience artistic media," said USC President C.L Max Nikias in a statement. "WE are committed to encouraging our students to use their intellectual and creative resources to effect change in all segments of society. Our goal is to ensure that the academy is the most collaborative educational program in the world."
Jimmy lovine is the co-founder of Interscope Records, chairman of Interscope Geffen A&M, as well as a mentor on "American Idol". Dr. Dre is a producer, rapper, and entrepreneur. He started his own record label, Aftermath Entertainment, and creator of Beats by Dre headphones and speakers.
