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Charles F Dolan, founder of HBO, dies aged 98

Media mogul launched Home Box Office in 1972 and started the US’s first 24-hour cable local news channel in New York

Charles F Dolan, who founded some of the most prominent US media companies including Home Box Office Inc and Cablevision Systems Corp, has died at age 98, according to a news report.

A statement issued on Saturday by his family said Dolan died of natural causes, Newsday reported late on Saturday.

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