(AllHipHop News) Music mogul's Dr. Dre and Jimmy Iovine have officially launched a new streaming music service titled "Daisy" backed by $60 million in funding.
The pair's company Beats Electronics secured the investment from Access Industries and a group of private investors, who will launch "Daisy" sometime in late 2013.
"Daisy" is being launched off of the streaming service MOG, which Beats Electronics in 2012 for an undisclosed sum.