We all are quite familiar with Beat’s products thanks to its collaboration with HTC and HP but we all know Beats is known for its quality headphones which were manufactured by Monster but according to sources their agreement is coming to an end and we won’t be seeing them renewing their contract due to some money and credit related issues.

The disagreement by both the companies have left them both with their future somewhat struggling but according to The Verge, Monster will try and strengthen its own brand identity or buy out SOL Republic, a headphone company founded by Kevin Lee who happens to be son of Monster founder Noel Lee. And Beats will continue to license its own products to various companies but they don’t have a manufacturer but given HTC’s strong backing that shouldn’t be a problem for long enough.

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