Patrick Dolan Becomes Majority Owner of Newsday Media Group

News 12 Networks President Patrick Dolan is buying a majority stake in the Newsday Media Group from Altice USA, officials said Thursday.

An entity led by Dolan will own 75 percent of Newsday Media, which includes Newsday, amNewYork, the Hometown Shopper papers and related websites and mobile apps. Altice will retain a 25 percent stake, the officials said.

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