Charles F. Dolan, who founded immoderate of the astir influential media companies successful the United States, including Home Box Office Inc. (HBO) and Cablevision Systems, died astatine the property of 98.
“It is with heavy sadness that we denote the nonaccomplishment of our beloved begetter Charles Dolan, the visionary laminitis of HBO and Cablevision,” the family’s connection reads.
Dolan near down a important bequest successful the cablegram tv manufacture by creating HBO successful 1972, Cablevision successful 1973 and American Movie Classics successful 1984.
He besides founded News 12 successful New York City, the archetypal 24-hour cablegram section quality transmission successful the United States.
Born successful Cleveland, Dolan dropped retired of John Carroll University successful suburban Cleveland.
In 2015, the Dolan household sold Cablevision to European institution Altice for astir $18 billion.
At the clip of his death, the Dolan household had a nett worthy of $5.4 billion, according to Forbes.
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