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Alan Gerry

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Ethnicity
  
Jewish

Name
  
Alan Gerry

Spouse(s)
  
Sandra E. Gerry

Occupation
  
businessman


Alan Gerry BCI Broadband bringing in cable industry pioneer Alan

Born
  
December 24, 1929 (age 94) (
1929-12-24
)

Known for
  
founder of Cablevision Industries

Children
  
Annelise GerryRobyn GerryAdam Gerry

Net worth
  
1.41 billion USD (2015)

2000 cable hall of fame alan gerry


Alan Gerry (born December 24, 1929) is an American billionaire and founder of Cablevision Industries.

Contents

Alan Gerry iforbesimgcommedialistspeoplealangerry416x

Alan gerry oral and video collection interview


Early life and education

Alan Gerry Alan Gerry Oral and Video Collection Interview YouTube

Gerry was born to a Jewish family in Liberty, New York, the son of immigrants from Russia. His father was a frozen food distributor. After high school, he joined the U.S. Marine Corps where he was placed in the electronics program and afterward he studied television repair on the G.I. Bill.

Career

Alan Gerry Alan Gerry

In 1951, he started a television sales, installation and repair business in a converted grain elevator in his hometown. Concerned with the poor reception in his hometown, which impacted television sales due to the mountainous terrain, he installed antennas on the top of many of the surrounding mountains in order to provide reception to the people who lived in the valleys or lived on the hillsides not facing New York City. In 1956, he convinced seven local businessmen to invest in starting a local cable television system utilizing large "community antennas" on mountaintops which gathered the signal and then transferred it via cable to the individual homeowners. The company was named Liberty Video. He opened a store purely focused on television sales but soon realized that after an initial surge in sales, the recurring cash flows from cable subscribers was where the income was. In the early 1970s, he bought out his original partners and expanded into Pennsylvania and Massachusetts renaming the company Cablevision Industries. In the early 1980s, he installed the East Coast's first high-powered microwave delivery system, creating 100,000 house sub-clusters. Thereafter, he expanded into Florida, the Carolinas and the Mid-Atlantic States and was one of the first cable operators to deploy fiber optic cable. In 1996, he sold Cablevision Industries - then the 8th largest cable company and the largest privately owned cable company in the United States with 64 cable systems covering 1.3 million subscribers in 18 states - to Time Warner Cable for $2.7 billion,

Gerry founded and presently serves as chairman and CEO of Granite Associates, L.P., a diversified investment company focused on start up companies involved in telephony and communications.

Philanthropy and accolades

Gerry created the Gerry Foundation, an organization established to stimulate economic activity and revitalization in Sullivan County, New York. Gerry purchased and resurrected the original 1969 Woodstock Festival site. naming it the Bethel Woods Center for the Arts in Bethel, New York. Gerry donated $10 million to the National Cable Center in Denver. Gerry endowed a chair of orthopedic surgery at Harvard Medical School, established the Paul Gerry Dialysis Center in Sayre, Pennsylvania, funded the addition of a wing on his local hospital, and is involved in a program at Boston University to find a cure for amyloidosis.

In 1995, Gerry was awarded the Vanguard Award, cable television's honor for distinguished leadership. In 2000, he was inducted into the Cable Television Hall of Fame. Gerry received the Entrepreneur-of-the-Year Award from the New England chapter of the Institute of American Entrepreneurs, the Distinguished Citizen Award from the Boy Scouts of America, and the Americanism Award from the Anti-Defamation League. He has received an Honorary Doctorate of Business Administration from Roger Williams University and an Honorary Doctorate of Humane Letters from the State University of New York.

Personal life

He is married to Sandra Gerry, an educator and former teacher; they have two daughters and a son: Annelise Gerry, Robyn Gerry, and Adam Gerry.

References

Alan Gerry Wikipedia