UPDATED MSG NETWORKS STATEMENT ON ALTICE DISPUTE

Rhea-AI Summary

MSG Networks issued a statement regarding its ongoing dispute with Altice USA. The company expressed support for Attorneys General who are demanding Altice either provide full refunds to subscribers or immediately reach an agreement to restore MSG Networks to Optimum subscribers. The dispute has resulted in MSG Networks being unavailable to Optimum customers.

Positive

• None.

Negative

• Service disruption affecting MSG Networks' distribution through Optimum
• Ongoing carriage dispute with major distributor Altice USA impacting revenue and viewership

NEW YORK, Feb. 6, 2025 /PRNewswire/ -- MSG Networks released the following statement about ongoing negotiations with Altice USA:

"We applaud the Attorneys General in demanding Altice do right by its subscribers and either issue a full refund or immediately reach an agreement to return MSG Networks to Optimum subscribers."

To read the press release from the Attorneys General, click here.

About MSG Networks

MSG Networks, a pioneer in sports media, owns and operates two award-winning regional sports and entertainment networks (MSG and MSG Sportsnet) and MSG+, a direct-to-consumer and authenticated streaming offering (included in the Gotham Sports App), that serve the nation's number one media market, the New York DMA, as well as other portions of New York, New Jersey, Connecticut and Pennsylvania. The networks feature a wide range of compelling sports content, including exclusive live local games and other programming of the New York Knicks, New York Rangers, New York Islanders, New Jersey Devils and Buffalo Sabres, as well as significant coverage of the New York Giants and Buffalo Bills. This content, in addition to a diverse array of other sporting events and critically acclaimed original programming, has established MSG Networks as the gold standard in regional sports. MSG Networks is part of the Sphere Entertainment Co. (NYSE: SPHR).

Contact: 
Dan Schoenberg (dan.schoenberg@msg.com)

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SOURCE Sphere Entertainment Co.

FAQ

What is the current status of MSG Networks' dispute with Altice USA?

MSG Networks is currently unavailable to Optimum subscribers due to an ongoing carriage dispute with Altice USA. Attorneys General are demanding Altice either issue full refunds or reach an agreement to restore the service.

What actions are Attorneys General taking in the MSG Networks and Altice dispute?

Attorneys General are demanding that Altice either provide full refunds to subscribers or immediately reach an agreement to restore MSG Networks to Optimum subscribers.

How are Optimum subscribers affected by the MSG Networks and Altice dispute?

Optimum subscribers currently do not have access to MSG Networks content due to the ongoing dispute between MSG Networks and Altice USA.

What options has Altice been given to resolve the MSG Networks dispute?

According to the statement, Altice has been given two options: issue full refunds to subscribers or reach an immediate agreement to restore MSG Networks to Optimum subscribers.