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While HTC once held a majority interest in the headphone maker, it sold shares to Dr. Dre and Jimmy Iovine last July, retaining a 25 percent interest; it is no longer the majority shareholder.
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Alliances with an even split of financial ownership are more likely to succeed than those in which one partner holds a majority interest.
In addition to its cable, programming, telecommunications and telephone service operations, Cablevision, which got its start in Hicksville 25 years ago, holds a majority interest in Madison Square Garden Limited Partnership and recently acquired a 25-year lease on Radio City Music Hall with their purchase of Radio City Productions.
In contrast to the conventional wisdom that fifty-fifty ownership spells failure because of stalled decision making, alliances with an even split of financial ownership are actually more likely to succeed than those in which one partner holds a majority interest (see the exhibit "Fifty-Fifty Alliances Are More Likely to Succeed").
Among the firms that should profit from this situation are MRV Communications, which holds a majority interest in Luminent, a fiber-optics components supplier to Cisco and other firms.
Does government have the right to limit the pay of executives when taxpayers hold a majority interest in the company?
SoftBank's interest in Altaeros is understandable: not only is cleantech one of its investment focuses, but it also holds a majority stake in Sprint and SuperTower may give the telecom (and its competitors) new opportunities.
Grupo Ferrovial holds a majority stake in Cintra.
The Mariners hold a majority stake in the new venture.
Whole Foods said the Amrion preferred stock it holds represents a majority interest.
And they still held a majority as recently as a decade ago.
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