Word: matsushita
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...Matsushita comes [to Harvard] every year," Murray says, referring to the Osaka-based electronics conglomerate. But Murray was unable to think of any other Japanese company currently recruiting. She says that "many more" Japanese companies came to recruit during the mid to late '80s. Job growth has shifted to Hong Kong, she says...
While Morita maligned his U.S. counterparts, the future of the electronics business was shifting rapidly to computers, multimedia and the Internet. Sony's competitors weren't going to be just electronics companies like Matsushita (Panasonic) but computer firms like Intel, Microsoft and Compaq Computer. Back in Japan, where in 1995 only 1.8 million computers were wired to the Web , there was no more than a faint understanding of the revolution going on in the States...
...Toshiba trumped Sony, at least in the segment of the DVD market that involved nonrecordable discs. Toshiba announced a different DVD standard for such discs that was supported not only by competitors like Hitachi but also by a major content provider, Time Warner. In January 1995, Matsushita, Sony's chief rival, threw its lot in with the enemy. By September, Idei conceded that Sony would adapt its technology to fit the Toshiba-Matsushita standard...
...other manufacturers and the moviemakers to agree on a standard?" We'll get to that in a minute, he's told. He wants to get to it now. There is a rapid discussion of the internal politics of Philips, Sony, Time Warner (the corporate parent of this magazine), Matsushita and Toshiba, along with their respective Hollywood alliances...
...reputation as a shrewd, tough, almost omniscient leader. Besides representing an enviable list of major clients--Tom Cruise, Robert DeNiro, Dustin Hoffman, Warren Beatty--he ranged far beyond the traditional agent's role. He played a part in brokering Sony's acquisition of Columbia Pictures in 1989 and shepherded Matsushita into its purchase of MCA the following year--deals that soured for the buyers. In 1994 he engaged in highly publicized negotiations to take the top job at MCA. Once those talks collapsed, returning to CAA became impossible, and Disney opened the door...