Jimmy Iovine, the co-founder of Interscope Records, left, stands with partner hip-hop mogul Dr. Dre, as they announce a $70 million dollar donation to create the new "Jimmy Iovine and Andre Young Academy for Arts and Technology and Business Innovation," Wednesday, May 15, 2013, 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, left, stands with partner hip-hop mogul Dr. Dre, as they announce a $70 million dollar donation to create the new "Jimmy Iovine and Andre Young Academy for Arts and Technology and Business Innovation," Wednesday, May 15, 2013, at the University of Southern California, during a news conference at in Santa Monica, Calif.  (AP Photo/Damian Dovarganes)
Jimmy Iovine, the co-founder of Interscope Records, left, stands with partner hip-hop mogul Dr. Dre, as they announce a $70 million dollar donation to create the new "Jimmy Iovine and Andre Young Academy for Arts and Technology and Business Innovation," Wednesday, May 15, 2013, at the University of Southern California, during a news conference at in Santa Monica, Calif. (AP Photo/Damian Dovarganes)
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