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Cable Pioneer Charles Dolan Steps Down as AMC Networks Chairman

Y2kTheNewOldies

Y2kTheNewOldies

https://variety.com/2020/tv/news/charles-dolan-amc-networks-chairman-1234771068/


Charles Dolan has stepped down as executive chairman of AMC Networks, marking the end of an era for the cable industry.

Dolan, 93, ranks among the earliest pioneers of cable TV. The telecom entrepreneur had the foresight to wire parts of Manhattan for cable service in the 1960s and in 1971 launch the pay TV service that became HBO. He’s been chair of AMC Networks since the company was spun off from the Dolan family’s former cable empire, Cablevision, in 2011.

AMC Networks board member James Dolan will replace his father as non-executive chairman of the company. Charles Dolan will shift to chairman emeritus. Charles Dolan’s net worth is valued by Forbes at $4.7 billion following the sale of Cablevision to Altice USA for $17.7 billion in 2016.
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A Legend of Cable TV Leaves the industry.
 
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