North American media mogul died on Saturday (Dec 28) of “natural causes”, according to a family statement
Charles Dolan, founder of HBO and Cablevision, died on Saturday (Dec 28, 2024), aged 98. According to family members, he died of natural causes.
“With great sadness, we announce the passing of our patriarch, Charles Dolan, the visionary founder of HBO and Cablevision. Remembered both as a pioneer in the television industry and as a dedicated family man, his legacy will continue to live on“declared the family, in a statement released by .
In 1972, Dolan launched the Home Box Officewhich would later become the world famous HBO. The following year, he founded Cablevision and, in 1984, created the channel American Movie Classics. Furthermore, he was responsible for launching the News 12the first cable TV channel to offer 24-hour coverage of local news in the United States.
Dolan had an estimated fortune of $5.4 billion, according to Forbes. The businessman was married for 73 years to Helen Ann Dolan, who died last year, with whom he had 6 children.
The Dolan family continues to dominate New York’s sports and entertainment industry. They own Madison Square Garden Entertainment, which manages the arena; from Madison Square Garden Sports, which includes the Knicks and Rangers; and cable TV channels MSG. All operations are led by James Dolan, Charles’ son.
