John J. Rigas, cable TV mogul who looted his company, dies at 96
âJohn was calm, but he worked hard and was a builder,â Mr. Malone said. âHe was definitely good for the growth of the industry. “
Adelphia âwas made up of many small systems put together and running as cheaply as possible,â said Alan Breznick, cable industry analyst at Light Reading, in an interview in 2012. âHe was not known for his excellent service. client or its innovation and was not in the same category as Comcast or Cablevision. But it wasn’t one of the worst either. It inspired a lot of loyalty because they were going to places other cable companies wouldn’t go.
Mr. Rigas’ survivors include his four children, Michael, Timothy, James and Ellen.
Mr. Rigas was revered at Coudersport because he set up Adelphia’s head office there, hired hundreds of local workers, and gave generously to local charities. He was an active member of the City’s Chamber of Commerce and Rotary Club. His arrest and the collapse of the business stunned the community.
At the same time, the NHL took away his authority over the Sabers. But what most exasperated Mr. Rigas was the turnaround from Deloitte, which had a long relationship with Adelphia, and Buchanan Ingersoll, the firm’s law firm for a decade, which declined to represent the company. family during the dispute. Additionally, Mr Rigas was furious with James R. Brown, Adelphia’s vice president of finance, who pleaded guilty in a deal with prosecutors and became the government’s key witness.
Deeming himself a tragic hero, Mr. Rigas told USA Today he felt like he was part of the final scene of the western “High Noon,” in which the marshal faces off against the gang of outlaws on his own. -law. âI felt like I was Gary Cooper,â he said. âBecause all this time people are saying, ‘You can count on us,’ but when you really needed them and waited for them, they weren’t found. “
Alyssa Lukpat contributed reporting.