Billionaire Charles Dolan, Founder of HBO and Cablevision, Dies at 98 of Natural Causes

Dec 29, 2024, 05:47 AM

Charles Dolan, the billionaire founder of HBO and Cablevision, has died at the age of 98 of natural causes, his family confirmed. Dolan, who was also instrumental in launching AMC Networks, began his career in New York City in 1952. He founded Home Box Office in 1972, which later became known simply as HBO, and established Cablevision the following year, which grew to become one of the largest cable operators in the U.S. Dolan's family, which controls Madison Square Garden and owns the New York Knicks and Rangers, announced his death through a statement to Newsday, a newspaper they own. He is survived by six children, 19 grandchildren, and five great-grandchildren.