Founder Of Hbo And Cablevision, Charles Dolan, Passes Away At 98
A news source states that Charles F. Dolan, who established some of the most well-known media corporations in the United States, such as Home Box Office Inc. and Cablevision Systems Corp., passed away at the age of 98.
His family confirmed in a statement released on Saturday that Dolan passed away naturally, as reported by the New York Times late on Saturday.
The statement read, We heartily mourn the loss of our beloved father and patriarch, Charles Dolan, the visionary founder of HBO and Cablevision.
As part of his legacy in cable broadcasting, Dolan founded Cablevision in 1973, launched Home Box Office later renamed HBO in 1972, and launched the American Movie Classics television network in 1984.
Additionally, he established News 12, the first 24-hour local news cable station in the United States, in New York City, according to Newsday.