Life's short, buy TV stations. (profile of GOCOM Communications L.L.C. CEO Richard Lee Gorman)(Fifth Estater)

From: Broadcasting & Cable | Date: November 17, 1997| Author: Brown, Sara | Copyright information

Bain Capital Inc. is betting that Ric Gorman knows how to make money. It's a safe bet. He's been doing it for a long time.

At 16, as leader of his church's Christian Youth Organization, Gorman organized weekly dances for his fellow high school students, charging a small ticket fee. Every Friday night he booked a band, once hiring then-unknown Three Dog Night. Gorman's dances brought in more money every week than the Sunday collection and church bingo night combined.

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