Celebrity News

50 Cent gets ‘Melo boost at headphone launch

LeBron James reportedly pocketed $30 million for his stake in Dr. Dre’s Beats Electronics when it was sold to Apple for $3 billion.

On Wednesday, the Knicks’ Carmelo Anthony — a backer of 50 Cent’s rival headphone company SMS Audio — helped Fiddy launch the line’s new Sport Collection at the Gansevoort Hotel.

Melo said he was first reluctant to invest in SMS, but got on board when Fiddy “gave me the spiel … gave me the story. I respect his hustle and I respect his drive, I respect his business mind.”