Harman International Industries is known for buying and then disassembling entire high-end music companies entirely to answer to their shareholders and profit margins. Harman ordered thousands of Studer parts destroyed in order to avoid servicing them.
Some kind of happiness is measured out in miles
Well, I'm glad they offered such a complete and balanced review of Mr Harman's career.
Harman International made $255 million on revenue of $3.248 billion in 2006. Dr. Sidney is doing just fine. Automotive led the way with a 15% increase, with consumer and pro both gaining about 5%. Reportedly, JBL accounted for a larger share of that than all the other Harman brands combined.Originally Posted by Don C
Well, I'm glad they offered such a complete and balanced review of Mr Harman's career.
...and apparently they didn't have to cover support costs for some old Studer gear.
For your edification:
http://www.harman.com/A_REPORTS/2006/HII-2006.PDF
Automotive sales accounted for 69% of total revenues. JBL OEM automotive products led the way. In consumer, JBL iPod speakers accounted for the majority of the annual increase of 5%.
The Everest II DD66000 is pictured twice early in the report.
I don't think Ken had a problem with Harman International's hardball business practices... it was the fact that some of the profits have headed toward the Democratic Party.
Widget
Always the comedianI don't think Ken had a problem with Harman International's hardball business practices... it was the fact that some of the profits have headed toward the Democratic Party.
Widget
I do have an issue with this type of business practice. I am sure Willie Studer would be against such a decision. I strongly suspect companies like Studer and JBL were first and foremost, passion driven.
I don't know much about HK's history but would guess Harman was the bean counter in that collaboration? Is his doctorate in economics's?
I have never been a fan of the Gordon Gecko's of the world.
Ken
I was just sent this.
Yesterday, Harman International (HAR) ordered the complete destruction of existing stock of analog devices and spare parts at Studer Switzerland.
Studer, a Harman International company destroyed 8 million euros worth of premium analog gear. Employees were threatened with termination if caught trying to save any of these items. Along with several brand new 827 recording devices, 960 series desks, countless 2 track machines combined with their entire spare parts inventory, the destruction included all design and engineering schematics for the entire analog series.
Several distributors offered to purchase the existing inventory with no response from Harman International. Studer CEO Bruno Hochstrasser promised a few spare parts to a group who opened a Studer museum in the old Studer headquarter's building. Harman USA sent a representitive to oversee the destruction.
If true, why would they do this? Apparently this happened in late November 2006
Shocking or what?
Ken
Ken, it's difficult to take a single incident or even a few scattered events and make a definitive statement about a person (or a company, probably).
I've never met the man, but I have seen the results of his leadership, both good and bad. One way to get a larger perspective on him is to read some of his published writing.
You can get an overview of his recent and influential book, Mind Your Own Business, here:
http://www.bizsum.com/articles/art_m...n-business.php
TD
True enough. There is always two sides to every story.
Ken
It hurts.
___________
Peter
What if it were Behringer rather than Studer?
What if it were JBL rather than StuderWhat if it were Behringer rather than Studer?
Ken
What if it were JBL Radiance Series?What if it were JBL rather than Studer
Ken
I'd put it next to this old Fostex.What if it were JBL Radiance Series?
http://www.juergenspecht.com/singles/?date=2004-12-31
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