Latest in MSG Networks

With the curtain set to go up on the NBA and NHL season, MSG Network is alerting viewers that it is nearing a potential blackout on Comcast Xfinity cable systems in New Jersey and Connecticut. Comcast, though it is the No. 1 U.S. cable operator, has virtually no customers in New York City, but a healthy six-figure…

Madison Square Garden Entertainment has reached an agreement to acquire MSG Networks in an all-stock deal, confirming long-simmering press speculation. The revenue potential of sports betting is a big factor in the transaction, which also aims to stem losses suffered on the entertainment side during the coronavirus…

MSG Networks executive chairman James Dolan has a new song out with his band, JD and the Straight Shots, about Harvey Weinstein’s alleged predations. In the song’s lyrics, the chorus lyrics lament, “I should have thrown myself across his tracks/stopped him from these vile attacks.” Dolan is a longtime friend of…

Many analysts thought that James Dolan would try to sell MSG Networks, and use the proceeds to take private his family-controlled Madison Square Garden Co., when the companies split in late 2015. Now investors believe that’s back on the front burner following a New York Post report today saying that Dolan is “sounding…

Why would Charles and James Dolan split Madison Square Garden into two companies if they weren’t determined to sell one of them, lots of investors believe this morning now that the long-planned division is official. The new Madison Square Garden Co., trading under the symbol “MSG,” includes venues (led by Madison…

Madison Square Garden didn’t have to look far to find a new CEO for its regional sports networks, which will become a distinct corporate entity at the end of this month when the company spins off the sports and entertainment assets. Andrea Greenberg, who’s EVP of MSG Media, will become chief executive reporting to…

Wall Street is bullish on the New York Knicks owner today as shares of the Madison Square Garden Company rose 9% in pre-market trading. Profits for the fourth quarter tripled to $28.6M or 37c a share, beating Wall Street estimates. Fiscal 2012 revenues grew 8% to $1.3B, lifted primarily by the group's MSG Sports and…