Early Life
Alan Gerry was born to Jewish immigrants from Russia in Liberty, New York, on December 24, 1929. His father was a frozen food distributor. In his youth, Gerry joined the U.S. Marine Corps and, after his service, utilized the G.I. Bill to study television repair.
Rise to Success
In 1951, Gerry started a television sales, installation, and repair business. Recognizing the need for better reception in his hometown, he installed antennas on mountains. His entrepreneurial spirit led him to convince local businessmen to invest in a local cable television system in 1956, initially named Liberty Video. Gerry renamed the company Cablevision Industries and expanded its operations into Pennsylvania and Massachusetts. Gerry's strategic moves, including the installation of the East Coast's first high-powered microwave delivery system, marked him as a visionary in the cable industry.
Key Business Strategies
Gerry focused on expanding cable access, adopting fiber optic technology early on, and acquiring cable franchises. His ability to recognize market needs and capitalize on technological advancements fueled his success. The sale of Cablevision Industries to Time Warner Cable for $2.7 billion in 1996 was a pivotal moment, reflecting his understanding of the industry's potential.
Philanthropy
Alan Gerry is also known for his significant philanthropic efforts. He established the Gerry Foundation, which has contributed to the economic revitalization of Sullivan County, New York. Gerry purchased the original 1969 Woodstock Festival site and transformed it into the Bethel Woods Center for the Arts. He also donated to various medical institutions and research programs.