Jimmy Iovine and Dr. Dre Give $70 million to USC for New Music Academy

Entrepreneurs and music industry icons Jimmy Iovine and Dr. Dre (Andre Young), already known as forward-thinking visionaries in music and business, are giving $70 million to USC to create a unique undergraduate experience.

Entrepreneurs and music industry icons Jimmy Iovine and Dr. Dre (Andre Young), already known as forward-thinking visionaries in music and business, are giving $70 million to USC to create a unique undergraduate experience.

The duo’s gift will establish the USC Jimmy Iovine and Andre Young Academy for Arts, Technology and the Business of Innovation, an environment for those rare undergraduate students whose interests span fields such as marketing, business entrepreneurship, computer science and engineering, audio and visual design, and the arts. The program will prepare them to become a new generation of inspired innovators.

The goal of the academy is to shape the future by nurturing the talents, passions, leadership and risk-taking of uniquely qualified students who challenge conventional views of art and industry. Iovine and Dre’s gift is part of The Campaign for the University of Southern California, a multiyear effort to secure $6 billion or more in private philanthropy to advance USC’s academic priorities and expand its positive impact on the community and world. Iovine co-founded Interscope Records in 1990, widely regarded as the home of some of music’s greatest artists, including Dr. Dre, Nine Inch Nails, Mary J. Blige, No Doubt and Lady Gaga, among others.

ow.ly/l6DPd