NY Post

After 50 Years, the Dolan Family Is Out of the Pay-TV Business

Jun 22, 2016  •  Post A Comment

Tuesday marked the first day in a half-century that the Dolan family was out of the pay-TV business, as Netherlands-based Altice completed its acquisition of Cablevision, The New York Post reports.

“Charles Dolan founded Cablevision in 1973 and, with his family, used the money from pay-TV to grow the Bethpage, NY, company into a cable and entertainment power,” the story reports. “The Dolan family eventually oversaw the acquisition of AMC Networks and Madison Square Garden — each of which in recent years has been spun off into its own publicly traded entity.”

Dolan was a pioneer in the cable business who also founded Sterling Manhattan Cable and Home Box Office.

Altice agreed in September to acquire Cablevision for $17.7 billion, with the deal clearing its last regulatory hurdle last week, the report notes.


One Comment

  1. Unfortunately Altice has already fallen down on the job. Not one notification to us customers yet. So much for putting customers first.

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