Just call them the "Dream Team" of headphones.  Dr. Dre and Jimmy Iovine are very wealthy men thanks to their Beats by Dre. headphones.  However, that's not enough for the dynamic duo to stop creating new ways for us to hear music. 

Dr. Dre and Jimmy Iovine-Getty

Speaking of which, they are getting ready to launch a brand new project called "Daisy".  The "Daisy" project is simply a streaming music service.  It used to be internal to headphone and speaker maker Beats Electronics.  It will now be a standalone company, now that Dre and Jimmy have landed $60 million in investments to make that happen.

Tech Crunch reports that Daisy is set to launch in "late 2013".  Here's more info.