Inside Long Island Business
Get the latest news and trends on Long Island companies and the people behind them.
Cablevision founder testifies in Dish trial
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...