JBL Sound Systems
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JBL Sound Systems
JBL is an American audio equipment manufacturer headquartered in Los Angeles, California, United States. JBL serves the customer home and professional market. The professional market includes studios, installed/tour/portable sound, cars, music production, DJ, cinema markets, etc. JBL is owned by Harman International, a subsidiary of Samsung Electronics. JBL was founded by James Bullough Lansing (1902–1949), an American audio engineer and loudspeaker designer best known for establishing two audio companies that bear his name, Altec Lansing and JBL, the latter taken from his initials. History Lansing and his business partner Ken Decker started a company in 1927, in Los Angeles, manufacturing six- and eight-inch speaker drivers for radio consoles and radio sets. The firm was named ''Altec Lansing, Lansing Manufacturing Company'', from March 1, 1927. In 1933, head of the Metro-Goldwyn-Mayer (MGM) sound department, Douglas Shearer, dissatisfied with the loudspeakers of Western El ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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