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Sidney Harman

November 13, 2010 | By Robin Abcarian, Los Angeles Times
It's a familiar story: A seemingly mismatched pair falls for each other and ties the knot while some look on hopefully and others hold their breath. The merger of Newsweek magazine and the Daily Beast website, announced Friday, is a classic May-December marriage. Newsweek, 77 years old and recently purchased for a dollar by audio pioneer Sidney Harman, gets an infusion of energy and immediacy from the 2-year-old Beast and its irrepressible editor and co-founder, Tina Brown. The Daily Beast, part of media mogul Barry Diller's InterActive Corp.
April 14, 2011 | By Robin Abcarian, Los Angeles Times
Sidney Harman, a philanthropist, polymath and pioneer in high-fidelity sound for homes and cars who tried to resuscitate an icon of American journalism when he bought Newsweek last year, has died. He was 92. Harman died Tuesday night in Washington, D.C., of complications from leukemia, according to a statement from his family on the website of the Daily Beast, which Harman merged with Newsweek in November. He was married to former Democratic Rep. Jane Harman of Venice, who resigned her seat in February to lead the Woodrow Wilson International Center for Scholars.
March 15, 1994
Harman International Industries Inc., a Northridge-based maker of audio and video equipment, said the company will provide car stereo systems for auto makers Jaguar, Saab, BMW and Range Rover. These car stereo contracts will be reflected in Harman's earnings as early as fiscal 1995, said Sidney Harman, the company's chairman.
October 23, 2007 | From the Associated Press
Two private equity groups will terminate their planned $8-billion buyout of Harman International Industries Inc. but will invest $400 million in the company as part of a deal that precludes litigation over the breakup, Harman said Monday. The takeover by Kohlberg Kravis Roberts & Co. and GS Capital Partners soured in September, when the buyers expressed concern about the audio equipment maker's financial health.
February 5, 1992
Former President Jimmy Carter told workers at a Northridge stereo components factory Tuesday that they prove that American workers can compete successfully with the Japanese. "We watch and we hear every day that Americans cannot compete with the Japanese," Carter told workers at Harman/JBL Inc., according to a company statement. "You prove every day that this allegation is absolutely false."
February 13, 1994 | JIM SCHACHTER
At the epicenter--at Roscoe and Balboa boulevards--the morning shift had been at work for half an hour when the Jan. 17 quake mercilessly shook the Northridge plant where Harman International Industries makes electronic components for premium car audio systems. You know the names: JBL, Infinity, Harman Kardon. "On the line, it was like somebody just hit the whole machine forward," one worker recounted later in the company newspaper. "The ladies yelled and they all ran toward me. . . .
Hoping to convince voters that they pay taxes like everyone else, the three Democratic candidates for governor opened their income tax returns last week, the one with the biggest bucks revealing the least information. Politicians are under no legal obligation to release their tax returns, and Atty. Gen. Dan Lungren, the presumptive Republican nominee, has thus far declined to do so.
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