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Media Mogul Charles F. Dolan Dies At Age 98

A sign is displayed at Cablevision headquarters in Bethpage, N.Y., on Sept. 17, 2015. (AP Photo/Seth Wenig, File)

Charles F. Dolan, the visionary founder of prominent U.S. media companies such as Home Box Office Inc. and Cablevision Systems Corp., has passed away at the age of 98 due to natural causes, as reported by Newsday.

Charles Dolan, a Cleveland native, made significant contributions to the cable broadcasting industry. In 1972, he launched Home Box Office, later known as HBO, followed by the founding of Cablevision in 1973 and the American Movie Classics television station in 1984. Dolan also pioneered News 12 in New York City, the first 24-hour cable channel for local news in the U.S.

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