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MSG NETWORKS OFFERS BINDING ARBITRATION BY NEUTRAL THIRD PARTY TO RESOLVE ISSUE WITH ALTICE
SPHRSphere Entertainment (SPHR) Prnewswire·2025-01-22 00:51

Core Viewpoint - MSG Networks is seeking to resolve its dispute with Altice USA to ensure that Optimum subscribers can continue to watch their favorite sports teams, including the Knicks, Rangers, Devils, and Islanders, while agreeing to a short extension for binding arbitration [1] Company Overview - MSG Networks operates two regional sports and entertainment networks, MSG and MSG Sportsnet, along with MSG+, a direct-to-consumer streaming service, serving the New York DMA and parts of New Jersey, Connecticut, and Pennsylvania [2] - The networks provide exclusive live local games and programming for teams such as the New York Knicks, New York Rangers, New Jersey Devils, and Buffalo Sabres, as well as coverage of the New York Giants and Buffalo Bills [2] - MSG Networks is recognized as a leader in regional sports media and is part of Sphere Entertainment Co. (NYSE: SPHR) [2]