AKAI: Rise/Fall/Broke

AKAI: Rise/Fall/Broke . The company's business eventually became discombobulated and it left the audio industry in 1991. At its peak in the late 1990s, Akai Holdings employed 100,000 workers and had annual sales of HK$40 billion (US$5.2 billion). The company filed for insolvency in November 2000, owing creditors US$1.1B. It emerged that ownership of Akai Holdings had somehow passed in 1999 to Grande Holdings, a company founded by Akai's chairman James Ting. The liquidators claimed that Ting had stolen over US$800m from the company with the assistance of accountants Ernst & Young who had tampered with audit documents going back to 1994.Ting was imprisoned for false accounting in 2005,[and E&Y paid $200m to settle the negligence case out of court in September 2009.[8] In a separate lawsuit, a former E&Y partner, Christopher Ho, made a "substantial payment" to Akai creditors in his role as chairman of Grande Holdings.
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[@eddieleonard6925]

I'll never sell my MPC 3000. It's the pinnacle of drum machine/samplers. Thanks for this history lesson.

[@miladbarikani3591]

sampleking you are truly the king having the best videos back then and still being the best now to educate sound enthusiasts like us. I truly appreciate your videos wish world would be fuller and fuller with people like you who help and work in the human greatness business

[@BIGGEOFF40]

Dope documentary!!! Very interesting. A lot of stuff I didn't know. Awesome job my brother.

[@teashea1]

The clip of Sister Rosetta Tharpe shows my favorite performance of her's where she is performing Didn't It Rain ---- masterful. This is the best version that she did of this song.

[@alexrivera922]

The Art of story telling ! 😎 DOC as always with the knowledge

[@teashea1]

excellent content and production values - well done sir

[@felixmotanul5242]

I loved and I will love AKAI until the end. But at the same time, I hate to death this James Ting who destroyed, perhaps, the most beautiful legend called AKAI.

[@tekbeatz]

This is the content I love watching in TH-cam.

[@JackAcid]

Goddamm. This was MESMERISING. Thank you for this.

[@morningbluesarewaste]

Good stuff Doc!

[@zaza_records]

Love the history lessons doc 😅🎉

[@dillipphunbar7924]

Very interesting. Thankyou

[@nicokarinti5328]

gr8 stuff much love from sweden <3

[@marcusholder495]

May Yahweh bless you and your channel my brother

[@pizzagogo6151]

Good video...& thanks for including their early synths but before you got to samplers, I do think their single rack gear , which were very successful, would have been worth a mention ( I’m looking at my Akai me80 patchbay as I type this😁)

[@thablackkat9905]

Quite a few Chinese folks involved with this Japanese company in the beginning. That's almost like seeing Bloods and Crips working together on a joint venture.

[@HOLLASOUNDS]

All I care about using from Akai is there midi keyboards, they put all the same controls on the MKPs and MPCs so they function the same. By doing this though they gave people a reason not to get a MPC damaging overall profit.

[@judon4908]

Yeah I'm sure it was tough sincing those Tritons and Fantoms in the 80s 😂

[@teashea1]

very cool

[@Noise-Conductor]

This was an improvement on the earlier version. Peace!