In a statement released Saturday, his family announced, '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,' according to Newsday.
Charles Dolan dead at 98: Billionaire media mogul founded HBO and Cablevision Charles Dolan, the trailblazing founder of HBO and Cablevision Systems Corp., passed away at the age of 98.
Charles Dolan, the trailblazing founder of HBO and Cablevision Systems Corp., passed away at the age of 98; (seen in 2001).
Dolan held significant stakes in iconic properties such as Madison Square Garden, Radio City Music Hall, the New York Knicks, and the New York Rangers, according to the outlet.
Dolan’s groundbreaking contributions to cable television included the 1972 launch of HBO, the creation of Cablevision in 1973, and the establishment of American Movie Classics (AMC) in 1984.
