Jimmy Iovine, the co-founder of Interscope Records, far left, Erica Muhl, dean 

Jimmy Iovine, the co-founder of Interscope Records, far left, Erica Muhl, dean of th USC Roski School of Fine Arts, hip-hop mogul Andre Young "Dr. Dre," and USC President, Max Nikias, far right, announce a $70 million dollar donation to create the new institute: "Jimmy Iovine and Andre Young Academy for Arts and Technology and Business Innovation," at the University of Southern California, during a news conference at in Santa Monica, Calif. (AP Photo/Damian Dovarganes)
Associated Press
Jimmy Iovine, the co-founder of Interscope Records, far left, Erica Muhl, dean of th USC Roski School of Fine Arts, hip-hop mogul Andre Young "Dr. Dre," and USC President, Max Nikias, far right, announce a $70 million dollar donation to create the new institute: "Jimmy Iovine and Andre Young Academy for Arts and Technology and Business Innovation," at the University of Southern California, during a news conference at in Santa Monica, Calif. (AP Photo/Damian Dovarganes)
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