Media and Entertainment
Source: (remove) : The New York Times
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Media and Entertainment
Source: (remove) : The New York Times
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Mon, May 12, 2025
[ Mon, May 12th ] - The New York Times
MSG Networks reduces Knicks, Rangers media rights fees in renegotiations
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MSG Networks reduces Knicks, Rangers media rights fees in renegotiations


//media-entertainment.news-articles.net/content/ .. rangers-media-rights-fees-in-renegotiations.html
Published in Media and Entertainment on Monday, May 12th 2025 at 12:44 GMT by   Print publication without navigation

  • MSG Networks and YES are collaborators on Gotham Sports App, which streams games for all those teams, and a joint venture called Gotham Advanced Media and Entertainment.

The article from The Athletic, published on April 25, 2025, discusses the financial challenges faced by Madison Square Garden Sports Corp. (MSG), the parent company of the New York Knicks and New York Rangers, due to the increasing debt associated with their regional sports networks, MSG Networks. The piece highlights how the shift in consumer behavior towards streaming services and away from traditional cable has led to a decline in subscribers, thereby affecting MSG's revenue. This situation is compounded by the high costs of broadcasting rights and production, which have not been offset by the expected income from cable subscriptions. The article also touches on potential strategies MSG might employ to mitigate these financial pressures, such as exploring new revenue streams through digital platforms or renegotiating existing contracts.

Read the Full The New York Times Article at:
[ https://www.nytimes.com/athletic/6309031/2025/04/25/knicks-rangers-msg-networks-debt/ ]

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