Paul Colichman and a business partner are building a media conglomerate around Here, television's only premium gay cable network. They recently paid $6.5 million to buy the Advocate, a
news magazine, Out, a fashion monthly, and other sister publications.
Colichman already owns gay entertainment portal GayWired.com and plans to expand the online presence of his new print publications. "Our point of view is that everything in media is cross-platformed now. We are in the content business, and to generate profit you need to be everywhere," he says.
Colichman and his heterosexual business partner Stephen P. Jarchow also produce and distribute low-cost films and TV shows via 13-year-old Regent Entertainment. Nearly 500,000 subscribers pay $7 to $8 a month for video on demand programming on Here.