Synthesizer Pioneer Tom Oberheim Starts Business Again At 85

  • 📰 ForbesTech
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 59%

United States Headlines News

United States Latest News,United States Headlines

An accidental entrepreneur with no formal business background. The defining sound of an era. Betrayal by his closest advisors. And an astonishing third act in the life of an American innovator.

Word soon spread of Oberheim’s design skills and it wasn’t long before he was supplying the ring modulator to jazz musicians, recording studios and even the composer of the movie soundtrack forOberheim Electronics was born. The company saw modest growth through the early 1970s until Oberheim hit on the idea of making products to feed the growing demand for electronic music: synthesizers.

Commercial success followed and soon Oberheim’s company had grown to nearly 100 employees and was posting annual revenues in eight figures. Oberheim and his team found themselves at the top of the heap in the hottest new category in the musical instruments industry. A decade of success followed along with countless hits inspired by his unique-sounding instruments.

However, by the mid-1980s, the winds of change were blowing through the music industry. Tastes were changing and the Oberheim sound needed to evolve. A crucial new development project hit some delays and the company started to stretch its line of credit. Oberheim was led to believe by his advisors that foreclosure of the company was the only way to avoid putting his family home at risk.

But as with vinyl records, classic cars and fashion, everything old eventually becomes new again. Starting in the mid-2000s, a new generation of players and producers started to rediscover the evocative sound from these legacy machines and enthusiasts began bringing some of them back to life.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

🫥🙂

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 318. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AM weather update with Anne Elise ParksHot, humid, and breezy today. A cloudy start this morning followed by lots of afternoon sun. Temps remain more typical of mid-summer with highs reaching the lower 90s.
Source: CBS DFW - 🏆 542. / 51 Read more »

U.S. Stock Futures Fall as Bond Yields Edge HigherU.S. stock futures fell to start the week, indicating that major equity indexes could decline again following last week’s big swings.
Source: WSJ - 🏆 98. / 63 Read more »

The Real Reason Anne Hathaway Stopped Drinking Alcohol — Best LifeAnne Hathaway stopped drinking alcohol for one specific reason—and plans to start again in after certain amount of time. Here's when that is.
Source: BestLifeOnline - 🏆 533. / 51 Read more »

Rising gas prices once again top $4 across the WiregrassAfter a brief break from rising gas prices and with the unofficial start of summer vacations nearing, Wiregrass area motorists are once again experiencing sticker shock at the gas pump as prices now average more than $4 a gallon.
Source: dothaneagle - 🏆 337. / 59 Read more »

Austin voters pass measure stopping low-level pot arrests and no-knock warrantsThe proposition passed with more than 85% voter approval. Texas CannabisNews CannabisCommunity cannabisindustry cannabisculture Austin weed GroundGameTX
Source: SAcurrent - 🏆 607. / 51 Read more »

Immigrants are 80% more likely to start businesses in the U.S. than native-born citizens, study findsImmigrants are 80% more likely than native-born citizens to start a business on a per capita basis, according to a new study co-authored by an MIT researcher.
Source: WBUR - 🏆 274. / 63 Read more »