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UPDATED MSG NETWORKS STATEMENT ON ALTICE DISPUTE

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MSG Networks has issued a statement regarding its ongoing negotiations with Altice USA. The company expressed appreciation for Governor Hochul's involvement in ensuring local sports fans' access to MSG Networks' programming. MSG Networks stated they remain prepared to either negotiate with Optimum or enter binding arbitration to restore their games to the air immediately.

MSG Networks ha rilasciato una dichiarazione riguardo alle sue negoziazioni in corso con Altice USA. L'azienda ha espresso gratitudine per il coinvolgimento del Governatore Hochul nel garantire l'accesso dei fan sportivi locali ai programmi di MSG Networks. MSG Networks ha dichiarato di essere pronta sia a negoziare con Optimum che a intraprendere un arbitrato vincolante per ripristinare immediatamente le loro trasmissioni.

MSG Networks ha emitido un comunicado sobre sus negociaciones en curso con Altice USA. La compañía expresó su agradecimiento por la intervención del Gobernador Hochul para garantizar el acceso de los aficionados locales al programa de MSG Networks. MSG Networks declaró que está preparada tanto para negociar con Optimum como para entrar en un arbitraje vinculante para restablecer sus transmisiones inmediatamente.

MSG NetworksAltice USA와의 진행 중인 협상에 대한 성명을 발표했습니다. 이 회사는 MSG Networks 프로그램에 대한 지역 스포츠 팬의 접근을 보장하기 위해 호컬 주지사의 개입에 감사를 표했습니다. MSG Networks는 Optimum과 협상할 준비가 되어 있거나 즉시 방송을 복원하기 위한 구속력 있는 중재에 들어갈 준비가 되어 있다고 밝혔습니다.

MSG Networks a publié une déclaration concernant ses négociations en cours avec Altice USA. L’entreprise a exprimé sa gratitude pour l’implication du Gouverneur Hochul dans l’assurance de l’accès des fans de sports locaux aux programmes de MSG Networks. MSG Networks a déclaré qu'elle était prête à négocier avec Optimum ou à entrer en arbitrage contraignant pour rétablir immédiatement ses jeux à l'antenne.

MSG Networks hat eine Erklärung zu den laufenden Verhandlungen mit Altice USA abgegeben. Das Unternehmen äußerte seine Wertschätzung für das Engagement von Gouverneurin Hochul, das sicherstellt, dass lokale Sportfans Zugang zu den Programmen von MSG Networks haben. MSG Networks erklärte, dass sie bereit sind, entweder mit Optimum zu verhandeln oder ein verbindliches Schiedsverfahren einzuleiten, um ihre Spiele sofort wieder ausstrahlen zu können.

Positive
  • Company shows willingness to resolve dispute through negotiation or arbitration
  • Government intervention (Governor's involvement) may help expedite resolution
Negative
  • Ongoing service disruption affecting revenue and viewer base
  • Unresolved carriage dispute with major cable provider impacting distribution

NEW YORK, Feb. 10, 2025 /PRNewswire/ -- MSG Networks released the following statement about ongoing negotiations with Altice USA:

"We applaud Governor Hochul's engagement and ensuring local sports fans have access to MSG Networks' programming. We remain ready to negotiate with Optimum or enter binding arbitration to immediately bring our games back on the air."

To read the press release from Governor Hochul, 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)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/updated-msg-networks-statement-on-altice-dispute-302372838.html

SOURCE Sphere Entertainment Co.

FAQ

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

MSG Networks is currently in a carriage dispute with Altice USA, with programming off air. The company has stated they are ready to either negotiate with Optimum or enter binding arbitration to resolve the situation.

How is Governor Hochul involved in the MSG Networks and Altice dispute?

Governor Hochul has become engaged in the dispute to help ensure local sports fans maintain access to MSG Networks' programming.

What options has MSG Networks proposed to resolve the Altice dispute?

MSG Networks has proposed two options: direct negotiations with Optimum or entering binding arbitration to restore their programming.

When did MSG Networks' programming go off air on Altice's Optimum?

While the exact date is not specified in the press release, the statement indicates that MSG Networks' programming is currently off air on Optimum's platform.

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