Sidney Harman founded Harman Kardon back in 1953 and he didn't stop working for the company until 55 years later. He officially retired from the company in 2008 at the age of 88. During his life, Harman was a philanthropist and a strong proponent of quality of working life programs. He even co-authored a book on the subject with Daniel Yankelovich in 1988, entitled 'Starting With the People.'
The idea of adding a new window where movies are available on demand from cable providers before they're out on DVD and Blu-ray has been met with more than a little criticism. Consumers have mixed feelings about shelling out $30 for a movie, theater owners are livid that their sales window will be cut down and now some of Hollywood's biggest directors are joining in on the conversation.
Bidding for the rental giant has ended and Dish Network has emerged as the highest bidder. They offered up $320 million for the company, but expect to pay around $228 million in cash when all is said and done.
Blockbuster is about to go up on the auction block with a "stalking horse" bid of $290 million. There are plenty of companies rumored to be interested, including Amazon, Netflix and Redbox. It makes sense that a competitor would buy the rental chain, but there's one potential buyer that's come right out of the blue.
Marchon3D makes designer 3D glasses for use in movie theaters and with passive televisions and projectors. The problem is that they're not exactly an easy sell in the mall. In a movie theater though, they seem like they could do very well.