News 12 Founder is Dead *
Charles Dolan, a name synonymous with media innovation, transformed the landscape of American television. As the visionary founder of News 12, the first 24-hour local news channel in the United States, Dolan revolutionized how we consume news. His legacy began with the creation of HBO in 1972, bringing premium entertainment to homes nationwide. Dolan's pioneering spirit didn't stop there; he continued to innovate with Cablevision and the American Movie Classics (AMC) television station, cementing his influence in the media world.
Dolan's impact extended beyond his business ventures. In 2000, the University of Fairfield honored his contributions by naming their business school after him. The Dolan School of Business, now housed in a state-of-the-art $40 million facility, stands as a testament to his dedication to education and ethical leadership. This institution, described by Fairfield University President Mark R. Nemec as a "leading center for business education," continues to inspire future generations to emulate Dolan's visionary and pioneering ethos.
Despite his passing at 98 years old, Charles Dolan's legacy endures. From his home in Cove Neck Village on Long Island, Dolan watched his family carry on his media empire. His son, James L. Dolan, now leads Madison Square Garden Sports Corp., while Patrick Dolan repurchased and revitalized Newsday Media Group. At the time of his death, Charles Dolan left behind a monumental legacy and a family committed to preserving his pioneering spirit, exemplified by their collective net worth of $5.4 billion.