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Charles F. Dolan, who founded some of the most prominent U.S. media companies including Home Box Office Inc. and Cablevision Systems Corp., has died at age 98, according to a news report.
Charles Dolan, a titan of the early cable industry who owned Cablevision, launched HBO and AMC Network and later branched out into iconic New York venues and sports teams, has died. He was 98.
Newsday is owned by Dolan’s son, Patrick Dolan, following Cablevision's purchase of Newsday Media Group in 2008, the newspaper reported. Dolan's legacy in cable broadcasting includes the 1972 launch of Home Box Office, commonly known as HBO, and founding Cablevision in 1973 and the American Movie Classics television station in 1984.
James Dolan, another of Charles Dolan's sons, is CEO of The Madison Square Garden Company, which now controls the sports teams and sports and entertainment venues. Dolan is survived by five children, 19 grandchildren and five great-grandchildren. His wife, Helen Ann Dolan, died in 2023, Newsday reported. 12/28/2024 23:29 -0500
Patrick Dolan, another son of Charles Dolan, led a group that repurchased 75% of Newsday Media Group in July 2016. Patrick Dolan then purchased the remaining 25% stake in 2018. At the time of his death, Charles Dolan and his family had a net worth of $5.4 billion, Forbes reported.
Charles Francis Dolan (October 16, 1926 – December 28, 2024) was an American billionaire businessman, best known as founder of Cablevision and HBO. [1] Today, the Dolan family controls Madison Square Garden Sports, MSG Networks, Madison Square Garden Entertainment, Madison Square Garden, the Sphere, Radio City Music Hall, BBC America, and AMC Networks.
On July 29, 2008, Cablevision acquired Newsday and amNewYork in a deal worth $650m. [30] [31] The Dolan family maintained majority ownership of Newsday, with Altice USA having a 25% share until the properties were sold in 2023. [32]
Charles F. Dolan, who founded some of the most prominent U.S. media companies including Home Box Office Inc. and Cablevision Systems Corp., has died at age 98, according to a news report. A ...