James Dolan, CEO of Cablevision

This is a partial transcript from Your World with Neil Cavuto, October 19, 2001.

NEIL CAVUTO, HOST: What do Paul McCartney, Gwyneth Paltrow and Jerry Seinfeld all have in common? They are just a few of the A-list stars who will be taking part in VH-1's benefit concert Saturday. The live, five-hour event hopes to raise money for the victims of the September 11th attacks and to honor the heroic efforts of the rescue workers.

Here to tell us more, James Dolan, CEO of Cablevision.  James, good to have you.


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CAVUTO: How will this work? I mean, five hours, big stars, no commercial interruptions. Everything looking good?

DOLAN: Everything's looking great. It's going to be a fantastic show. We have 5,000 to 6,000 firefighters that are going to be sitting right down in front, all the way then through the arena, that these megastars are going to be all playing to. And it's going to be a great, great show. Everybody should watch it.

CAVUTO: All right. How much money do you think will be raised?

DOLAN: Well, I can tell you from the gate here that we're certainly going to break the record for the Garden in terms of the gate, and what we earn from — for the charities for the 800-numbers, et cetera, obviously don't know yet.

CAVUTO: All right. Where is this money going, James?

DOLAN: This is all being administered by the Robin Hood Fund.

CAVUTO: OK. Now, as you know James — maybe you don't — but we had earlier on a man who lost his wife in the attacks on the World Trade Center, and he has said that it's been very hard to get money from all of these various relief agencies. How sure are you that this foundation — I know nothing about it, to be honest — is going to make good.

DOLAN: Well, this is the concert for New York, and Robin Hood is the charity for New York. And they are famous in New York for, first of all, first off, for having none of, as in this concert, any of the contributions go to anything like administration, et cetera. So 100 percent of what gets donated goes to relief funds.

Second of all, they know New York, because they are New Yorkers, and that charity is just about New York. And we have a great deal of trust in them that they will apply the funds appropriately.

You know, and I certainly understand the — what you've been hearing about the difficulty of getting — of getting resources to those who need them. But if there's an organization that can do that, it's Robin Hood.

CAVUTO: So in other words, you did your homework, and so this is the agency that can get the money to people quickly. No one doubts that they can get the money. The question is, can they, you know, dole it out?

DOLAN: Right, and that is exactly why we picked Robin Hood.

CAVUTO: OK. Let me ask you about who's going to be here. I mean, who are we expecting?

DOLAN: Well, Paul McCartney, Mick Jagger, The Who, U2, and Billy Joel, James Taylor, Elton John. The list is rather long, but if you go to our Web site, ConcertforNewYork.com, there's a complete list.

It's a five-hour concert, and it is filled with nothing but stars. There's also four movie vignettes that were produced by Martin Scorsese, Spike Lee and others just for this concert that are going to be very special.

CAVUTO: All right, James, we wish you well this, and again, hope that that money makes it to the people like this gentleman here just a second ago.

DOLAN: Well, I guarantee it will.

CAVUTO: All right, James Dolan, Cablevision. Thank you, sir.

DOLAN: Thank you.

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