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Continued
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Bio
In
1961, after graduating from the University of Colorado Law School,
Mr. Jones began his career in cable by representing cable companies
in their acquisition efforts across the United States. In 1964,
Mr. Jones put his career on hold to run for the U.S. Congress in
Colorado's First Congressional District (Denver). He was defeated,
returned to lawyering in mountain towns, and set his sights on acquiring
his first cable system.
That
he did in 1967, when he persuaded the owner of the Georgetown, Colorado
cable system to accept $1,000 down on a purchase price of $12,000.
Mr. Jones raised the down payment by borrowing against his Volkswagen
and collecting the remaining money from those of the system's 100
subscribers who had delinquent accounts.
Realizing
that the key to success in cable was financing for the capital-intensive
task of buying equipment and supporting the negative cash flows
occasioned during the construction phase of new systems, Mr. Jones
became the first in the industry to organize public limited partnerships
to raise capital to finance cable acquisitions. In 1970, Jones Intercable,
Inc. was formed to serve as the vehicle for the limited partnerships.
His partnerships raised more than $1 billion for the purchase of
cable properties. Larger competitors adopted his limited partnership
financing strategy which has further authenticated Mr. Jones' innovative
business approach.
In
1987, he founded cable network and distance learning company Mind
Extension University: The Education Network (ME/U). ME/U served
as a global electronic campus, providing access to courses and degree
programs from dozens of leading colleges and universities, including
California State University at Dominguez Hills, The George Washington
University, University of Colorado at Colorado Springs, and University
of Delaware.
During
the following decade, Mr. Jones' vision for employing communications
technology in the service of education branched into numerous
business activities. They
included Knowledge TV, a 24-hour cable and satellite
television channel that provided useful, personally relevant
news and information focusing on the important "need to know" subjects
for adults today: health, money, and technology. A sister company, The
Knowledge Store®, is a virtual store that is accessible
around the clock via telephone and the Internet, offering
quality, brand-name learning products from leading experts.
Jones
Knowledge, Inc.
continues Mr. Jones' commitment to provide global access to higher
education. To increase the number of academic programs available to this growing population of adult learners, Mr. Jones established e-education, also known as The Jones Standard,
a company that provides the software, technical support and training
that colleges and universities require in order to become "Cyberschools,"
the title of one of his recent books.
Mr.
Jones founded the world's first true cyberschool, Jones International
University: The University of the Web, in 1995. Jones International
University was the first academic institution created from the ground
up for the Internet. It is the first school with a "virtual" campus
accepted into candidacy for regional accreditation from the North
Central Association of Colleges and Schools, the same regional accreditation
agency for such prestigious universities as Northwestern, Ohio State,
and the University of Colorado.
In
1995, Mr. Jones founded the Global Alliance for Transnational
Education (GATE). He currently serves as the organization's
Chairman. GATE is dedicated to fostering access to quality higher
education resources on a global basis, focusing on transnational
education.
Through
Jones Entertainment Group he has produced several movies
including The Secret of Roan Inish (directed by award-winning
director John Sayles), Household Saints, The Whipping Boy, The
Story Lady, and The Little Kidnappers, starring such
notable actors as Charlton Heston, Jessica Tandy, Tracey Ullman,
Vincent D'Onofrio, and George C. Scott. In addition, he has produced
various CD-ROMs and education support websites, including the Jones Telecommunications and Multimedia Encyclopedia.
Mr.
Jones was born in 1930 in Jackson Center, Pennsylvania. He earned
an undergraduate degree in economics from Allegheny College and
did a stint in the U.S. Navy, principally as an underwater bomb
disposal officer. He then obtained a Juris Doctor degree from the
University of Colorado School of Law. He completed an Executive
Program at Stanford Business School in 1973. In 1985, he received
an honorary Doctorate of Humane Letters from Allegheny College,
Pennsylvania and in 1992, an honorary Doctor of Education degree
from Regis University, Colorado. In 1994, Mr. Jones received an
honorary Doctor of Laws degree from Heidelberg College. He is a
member of the Board of Directors and the Executive Committee for
the National Cable Television Association (NCTA). Additionally,
Mr. Jones has served on the Board of Governors for the American
Society for Training and Development (ASTD) and currently serves
on the Board and Education Council of the National Alliance of Business
(NAB). Mr. Jones is also one of the founding members of the James
Madison National Council, the first national advisory body in the
190-year history of the United States Library of Congress.
In
August 1989, the Cable Television Administration and Marketing Society
(CTAM) awarded Mr. Jones its Grand Tam Award for being "a
man of vision who has made an enormous contribution to this industry
by furthering our quest for excellence." In March 1990, Mr. Jones
was awarded the Cable Television Public Affairs Association President's
Award in recognition of Jones International's educational efforts
through Mind Extension University. ME/U, now known as Knowledge
TV, is the educational cable network that delivered college-level
courses for credit in conjunction with more than twenty respected
colleges and universities. In March 1991, Women in Cable and Telecommunications
awarded Mr. Jones its first Cableforce 2000 Accolade in recognition
of Jones Intercable's innovative employee programs. In April 1993,
Mr. Jones received the Most Outstanding Corporate Individual
Achievement Award from the International Distance Learning Conference
(IDLCON) for his contributions to distance education. In September
1993, Mr. Jones received the Donald G. McGannon Award for
the advancement of minorities and women in the media from the United
Church of Christ Office of Communications. In June 1994, he was
honored for his advances in distance education with the Golden
Plate Award given by the American Academy of Achievement. In
October 1994, the Denver chapter of the Achievement Rewards for
College Scientists (ARCS) named Mr. Jones its "Man of the Year,"
and in November 1994, Mr. Jones was inducted into the Broadcasting
and Cable Hall of Fame.
Mr.
Jones is the author of the Jones Cable Television and Information
Infrastructure Dictionary, Make All America a School, Cyberschools:
An Education Renaissance (2 editions, published
in English, Spanish, and Chinese), and Free
Market Fusion: How entrepreneurs and nonprofits create 21st
century success
(1999), as well as several volumes of poetry.
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Biography | Jones
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