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Friday, July 27, 2018

Ned Lamont’s cable business had an MTV connection

It was the early ‘80s and the rollout of cable TV was in its Wild Wild West era, driven by the white-hot MTV music video network. Ned Lamont, a young Harvard graduate, worked with Cablevision on its entry into Connecticut. He had his hand in other cable-related projects, too — including a report he filed on the industry in Kuwait. “That’s one of the things that prompted me to challenge Joe Lieberman many years later,” Lamont now says. He borrowed $250,000 from People’s Bank in Stamford, to buy a couple of “very small, beat-up private cable television systems in New York and Virginia.” “We fixed them up, made then functional,” Lamont recalls.

from News https://www.ctpost.com/politics/article/Ned-Lamont-s-cable-business-had-an-MTV-13111577.php

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