Early Life and Cable TV Beginnings
Craig is the second of four sons of Marion and John Elroy McCaw. McCaw's father was a broadcasting magnate. He was in the business of buying and selling TV and radio stations, which brought in wealth but also incurred significant debts. Elroy entered the cable television business in the 1960s, and his four sons worked as linemen and door-to-door salesmen.
When Elroy died, the only company not sold to repay the debt was the small Centralia cable company with estimated 2,000 to 4,000 subscribers, which was in trust. During his senior year at Stanford, Craig took the helm of the cable company and set out to rebuild his family name. He used the cash flows from his growing cable company to purchase other remote cable companies, resulting in a profitable conglomerate. By the 1980s, McCaw Cablevision was the 20th largest cable carrier in the United States.
Read more about this topic: Craig McCaw
Famous quotes containing the words early life, early, life, cable and/or beginnings:
“... goodness is of a modest nature, easily discouraged, and when much elbowed in early life by unabashed vices, is apt to retire into extreme privacy, so that it is more easily believed in by those who construct a selfish old gentleman theoretically, than by those who form the narrower judgments based on his personal acquaintance.”
—George Eliot [Mary Ann (or Marian)
“We passed the Children’s Bureau bill calculated to prevent children from being employed too early in factories.”
—William Howard Taft (1857–1930)
“In everyone there sleeps
A sense of life lived according to love.
To some it means the difference they could make
By loving others, but across most it sweeps
As all they might have done had they been loved.
That nothing cures.”
—Philip Larkin (1922–1986)
“To be where little cable cars climb halfway to the stars.”
—Douglass Cross (b. 1920)
“Those newspapers of the nation which most loudly cried dictatorship against me would have been the first to justify the beginnings of dictatorship by somebody else.”
—Franklin D. Roosevelt (1882–1945)