![]() ![]() Other benefit concerts included "The Concert For New York City," which generated more than $35 million in aid for 9/11 victims and heroes, and "From The Big Apple to The Big Easy," which raised nearly $9 million for Hurricane Katrina relief. ĭolan played a role in organizing the recent "12-12-12" benefit concert, which raised an initial $50 million for the victims of Hurricane Sandy, with additional money still coming in. With Dolan's backing, Cablevision used its assets to advance the curePC campaign, aimed at increasing public awareness of pancreatic cancer and is responsible for organizing the Holiday Rock & Roll Bash, the Foundation's annual fundraiser. In 2008, Cablevision made a multi-year commitment to underwrite the Foundation's costs, ensuring that 100 percent of every donation goes to researching this disease. Dolan established the Foundation in 1998. Together with Charles Dolan and former Cablevision Vice Chairman and Madison Square Garden Chairman Marc Lustgarten. Philanthropyĭolan fostered Cablevision's philanthropic partnership with The Lustgarten Foundation, a private supporter of pancreatic cancer research. His business career has included multiple failures, which include purchasing the failing Wiz electronics and entertainment chain, which ended up posting losses of $250 million before being liquidated, and the Clearview Cinemas chain which failed to generate any significant revenue. This was an instrumental event in Dolan emerging from his father's shadow, albeit reluctantly, as a viable businessman. In the end, the younger Dolan prevailed and Voom was shut down. While supporters argued Voom could propel Cablevision into the future emerging satellite market and a wider customer base, opponents of the plan, including James Dolan, argued it was too expensive with no expense relief for the foreseeable future. Business careerĭolan opposed his father's proposed Voom satellite service, which became a polarizing controversy among Cablevision's board of directors. ![]() In 1993, he went to drug rehabilitation at the Hazelden clinic in Center City, Minnesota. ![]() Throughout his early adult life, Dolan battled drug and alcohol problems and was reportedly known for having a volatile temper. After originally pursuing a career in music, Dolan eventually switched to a major in communications at SUNY New Paltz and began working for Cablevision in various capacities including sales before eventually being dispatched to Cleveland by his father to manage the launching of a sports radio station. Dolan was previously CEO of Cablevision, founded by his father, until its sale in June 2016 to European telecom conglomerate Altice.ĭolan is one of six children of Cablevision founder Charles Dolan and his wife, Helen Ann Dolan. As the companies' chairman, Dolan oversees all operations within the company and supervises day-to-day operations of its professional sports teams, the New York Knicks and New York Rangers as well as their regional sports networks, which include MSG Network and MSG Plus. James Lawrence Dolan (born May 11, 1955) is an American businessman who currently serves as the executive chairman and chief executive officer of Madison Square Garden Sports and Madison Square Garden Entertainment, and executive chairman of MSG Networks. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |