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Inside Long Island Business

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Cablevision founder testifies in Dish trial

The Cablevision Systems Corp. headquarters in Bethpage. (Nov.

Photo credit: Bloomberg News

Cablevision founder Charles Dolan told a Manhattan jury on Monday that his company spent millions on a long-term satellite television deal before Dish Network Corp. abruptly scrapped the deal.

"We had an agreement. We spent what for us was very precious financial resources," Dolan said under questioning by Cablevision attorney Orin Snyder.

Dolan, 85, chairman of the Bethpage...

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