Cablevision Chairman to Fund Voom Service

Cablevision Systems Corp. Chairman Charles Dolan plans to use $10 million of his own cash and stock to fund the money-losing Voom satellite television service until the end of March.

Dolan, 78, will deposit cash and stock with Bethpage, N.Y.-based Cablevision to keep Voom going, according to a filing with the Securities and Exchange Commission.

Under an agreement Tuesday, Dolan and his son Thomas have until March 31 to acquire Voom from Cablevision.