Billionaire HBO creator Charles Dolan dies aged 98

At the time, he was selling special programming to hotels through his Teleguide service, while cable television was taking off in rural areas.

In 1964 Dolan made a deal with New York to wire some Manhattan buildings with cable and a few years later, hoping to attract viewers, he made a deal to show the Knicks and Rangers play-offs on cable, according to Variety.

He then went on to create Home Box Office for movies, and then sold both his cable service and HBO to build up Cablevision, which ended up providing television and internet to households across the north-eastern United States.

In 2015, the Dolan family sold Cablevision to European company Altice for nearly $18bn (£14.3bn).

By then Dolan’s son James was running what the New York Times called the family’s empire.

And the Dolans had become “the family that New Yorkers often loved to hate”, according to the New York Times, over frustration over the Knicks’ performance and fights with networks over their programming that had threatened to keep customers from watching the Academy Awards and the World Series.

Dolan was worth $5.4bn (£4.3bn) at the time of his death, according to Forbes.

  • Related Posts

    More people in late 20s still living with parents

    An impression – or possibly a fear – that 20-somethings are still hanging about in the family home is based on fact, an influential think-tank has concluded. The proportion of…

    The truth behind your $12 dress: Inside the Chinese factories fuelling Shein’s success

    The hum of sewing machines is a constant in parts of Guangzhou, a thriving port on the Pearl River in southern China. It rattles through the open windows of factories…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    The biggest travel trend for 2025? Staying away longer

    • By admin
    • January 13, 2025
    • 4 views
    The biggest travel trend for 2025? Staying away longer

    Why France’s most elaborate and macabre recipe is back on the menu

    • By admin
    • January 13, 2025
    • 5 views
    Why France’s most elaborate and macabre recipe is back on the menu

    Britain’s greatest natural wonders to explore in the wintertime

    • By admin
    • January 13, 2025
    • 3 views
    Britain’s greatest natural wonders to explore in the wintertime

    The Vivienne’s family tell vigil ‘we’re so proud’

    • By admin
    • January 13, 2025
    • 4 views
    The Vivienne’s family tell vigil ‘we’re so proud’

    Molly-Mae’s ‘raw’ new show and Liam Payne cinema tribute: What’s coming out this week?

    • By admin
    • January 13, 2025
    • 6 views
    Molly-Mae’s ‘raw’ new show and Liam Payne cinema tribute: What’s coming out this week?

    Oliviero Toscani, Benetton’s shock photographer, dies aged 82

    • By admin
    • January 13, 2025
    • 3 views
    Oliviero Toscani, Benetton’s shock photographer, dies aged 82