Altice USA (Optimum) has deserted MSG Networks, depriving native followers of a whole bunch of unique dwell video games from their favourite groups By Investing.com

Protection of the Knicks, Rangers, Islanders and Devils MSG Networks (NYSE:) is darkish for optimum subscribers

For extra info, please go to KEEPMSG.COM

NEW YORK, January 1, 2025 /PRNewswire/ — Regardless of MSG’ networks appreciable efforts to achieve an settlement, Altice USA deserted MSG Networks of its Optimum channel lineup within the tri-state space, leaving passionate followers of the Knicks, Rangers, Islanders and Devils out within the chilly this winter.

MSG Networks issued the next assertion:

“In a last-ditch effort to avoid wasting its ailing enterprise on the expense of subscribers, Altice is making an attempt to cost its clients extra and provides them much less. They’ve simply elevated costs “by virtually 50% for present Optimum subscribers and 70% for brand spanking new Optimum subscribers. (after expiration of a promotional supply) for the bundle which included MSG Networks ” and minimize entry to the Knicks, Rangers, Islanders, Devils and extra on MSG Networks. We supplied Altice quite a lot of truthful and affordable proposals that required Altice to pay us lower than final yr. Altice rejected all of them, together with our supply to maintain MSG Networks on the air whereas we continued to attempt to attain an settlement. We stay prepared to barter in good religion.”

Moreover:

• The earlier Optimum Core TV bundle “which included MSG Networks and consists of different sports activities channels “elevated by $95 has $140/month, a rise of just about 50%.
• Right now, following Altice’s launch of its new plans a number of weeks in the past, probably the most “reasonably priced” new plan ever supplied MSG Networks earlier than the autumn is $160/month”, which is sort of 70% greater than Optimum clients beforehand paid.
• MSG Networks supplied Altice the identical truthful and affordable phrases as these accepted by different main suppliers. And now Altice’s personal clients are paying the worth to bolster Altice’s backside line, with dramatic value hikes and unreasonable affords to programmers.
• Optimum subscribers are inspired to go to KEEPMSG.COM for extra info, together with the right way to change suppliers or to seek out different viewing choices. MSG’ networks award-winning programming.
• NBA and NHL TV Exhibits Streaming on MSG Networks persistently rank among the many area’s most-watched cable applications.

About MSG Networks

MSG Networksa pioneer in sports activities media, owns and operates two award-winning regional sports activities and leisure networks (MSG and MSG Sportsnet) and MSG+, an authenticated, direct-to-consumer streaming providing (included within the Gotham Sports activities app), which serves the the nation’s premier media market, the New York DMA, in addition to different elements of the new York, New Jersey, Connecticut And Pennsylvania. The networks supply a variety of compelling sports activities content material, together with unique dwell native matches and different programming from New York Knicks, New York Rangers, New York Islanders, New Jersey Devils And Buffalo swordsin addition to important protection of the New York Giants And Buffalo Payments. This content material, along with a variety of different sporting occasions and critically acclaimed authentic programming, has established MSG Networks because the benchmark in regional sports activities. MSG Networks is a part of the Sphere Leisure Co. (NYSE:SPHR).

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