Dr. Dre, Iovine Donate $70M for New USC Center

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The academy will accept its first class of 25 students in the fall of 2014.

Iovine is the co-founder of Interscope Records, chairman of Interscope Geffen A&M and a mentor on “American Idol.”

Dr. Dre is best known as a producer, solo rapper and co-owner of Death Row records. He later started his own record label, Aftermath Entertainment.

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