A statement from his family confirmed the death of Charles F. Dolan, the visionary founder of HBO and Cablevision, at the age of 98. Dolan's legacy in cable broadcasting includes numerous groundbreaking ventures and his influence extended to ownership stakes in major sports and entertainment properties.
Charles F. Dolan, founder of prominent U.S. media companies including Home Box Office Inc. and Cablevision Systems Corp., passed away at the age of 98 due to natural causes. A statement released by his family announced his death, stating, 'It is with deep sorrow that we announce the passing of our beloved father and patriarch, Charles Dolan , the visionary founder of HBO and Cablevision .
' Dolan's legacy in cable broadcasting includes launching Home Box Office (HBO) in 1972, Cablevision in 1973, and the American Movie Classics television station in 1984. He also pioneered News 12, the first 24-hour cable channel for local news in the U.S. Born in Cleveland, Dolan dropped out of John Carroll University. He completed the sale of Cablevision to Altice, a European telecommunications and cable company, for $17.7 billion in June 2016. Dolan's influence extended beyond cable, as he held controlling stakes in companies owning Madison Square Garden, Radio City Music Hall, the New York Knicks, and the New York Rangers. James L. Dolan, one of his sons, served as Cablevision CEO until the 2016 sale and currently holds the executive chairman and CEO position of Madison Square Garden Sports Corp. Newsday, purchased by Cablevision in 2008, also came under Altice's control. Patrick Dolan, another son, led a group that repurchased 75% of Newsday Media Group in 2016 and acquired the remaining 25% in 2018. At the time of his death, Charles Dolan and his family had a net worth of $5.4 billion, according to Forbes
Charles Dolan HBO Cablevision Media Mogul Legacy
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Charles Dolan, Founder of HBO and Cablevision, Dies at 98Charles Dolan, the visionary founder of HBO and Cablevision, has passed away at the age of 98. Dolan's media empire included the launch of HBO in 1972, Cablevision in 1973, and the American Movie Classics television station in 1984. He also founded News 12, the first 24-hour cable channel for local news in the U.S.
Read more »
Charles Dolan, Founder of HBO and Cablevision, Dies at 98Charles Dolan, the visionary founder of Home Box Office (HBO) and Cablevision Systems Corp., has passed away at the age of 98. Dolan's media empire spanned decades, including the launch of HBO in 1972, Cablevision in 1973, and the American Movie Classics television station in 1984. He also revolutionized local news with the creation of News 12 in New York City, the first 24-hour cable channel for local news in the U.S. Dolan's legacy extends beyond television, as he also held controlling stakes in companies that owned Madison Square Garden, Radio City Music Hall, the New York Knicks, and the New York Rangers.
Read more »
Charles Dolan, Founder of HBO and Cablevision, Dies at 98Charles Dolan, the visionary founder of HBO and Cablevision, has passed away at the age of 98. Dolan's legacy in cable broadcasting includes the 1972 launch of Home Box Office (HBO), founding Cablevision in 1973, and launching the American Movie Classics television station in 1984. He also launched News 12 in New York City, the first 24-hour cable channel for local news in the U.S.
Read more »
Charles Dolan, HBO and Cablevision founder, dies at 98The family of Charles Dolan, who founded some of the most prominent U.S. media companies including Home Box Office and Cablevision Systems, said he died of natural causes.
Read more »
Charles Dolan, HBO and Cablevision Founder, Dies at 98Charles Dolan, the visionary founder of HBO and Cablevision, has passed away at the age of 98. Dolan's legacy in cable broadcasting includes the launch of HBO in 1972, Cablevision in 1973, and the American Movie Classics television station in 1984.
Read more »
Charles Dolan, billionaire founder of HBO and Cablevision, dead at 98Today's Business Headlines: 12/24/24
Read more »