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Charles Dolan, Cablevision and HBO founder, dies at 98, report says

NEW YORK -- Charles Dolan, who founded some of the most prominent U.S. media companies including New York-based Cablevision and HBO, has died at age 98, according to a report.

Dolan died of natural causes, his family said in a statement published by Newsday late Saturday.

"It is with deep sorrow that we announce the passing of our beloved father and patriarch, Charles Dolan, the visionary founder of HBO and Cablevision," the statement said.

Dolan's legacy in cable broadcasting includes the 1972 launch of Home Box Office, later known as HBO, and founding Cablevision in 1973 and the American Movie Classics television station in 1984.