MSG Networks Inc.

MSG Networks Inc.

MSGN
MSG Networks Inc.US flagNew York Stock Exchange
14.17
USD
-0.13
- -
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Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Andrea Greenberg
Full Time Employees
475
Sector
Communication Services
Industry
Entertainment
Address
11 Pennsylvania Plaza New York City NY United States of America 10001
IPO Date
Jan 25, 2010
Business
MSG Networks Inc operates as a regional sports and entertainment media company primarily focused on delivering live and original programming related to professional sports teams and events. Its core products and services include the operation of regional sports networks that provide exclusive coverage of major league sports teams such as the New York Knicks (NBA), New York Rangers (NHL), New York Islanders (NHL), New Jersey Devils (NHL), and Buffalo Sabres (NHL). The company offers content through cable, satellite, and digital platforms, including its direct-to-consumer streaming service MSG+, which delivers live games, events, and original programming on a subscription basis or through TV provider authentication. MSG Networks operates primarily in the United States, focusing on the New York metropolitan area and surrounding regions where its affiliated teams and sports programming have significant local fan bases. The company was founded in 1969 and is headquartered in New York, New York. It functions as a subsidiary of Madison Square Garden Entertainment Corp., following an acquisition completed in 2021, which aimed to create a more diversified media and entertainment platform. Recent major changes include the launch of MSG+ in 2023, a next-generation streaming service developed in partnership with intive, which enhances accessibility for fans across various devices. The company also entered into a broad multi-year partnership with global technology companies Lenovo and Motorola in 2024, integrating Lenovo hardware across MSG's venues and featuring Motorola as the exclusive title partner for premium seating areas during Knicks and Rangers home games. Additionally, MSG Networks collaborated with the YES Network to form Gotham Advanced Media and Entertainment (GAME) in early 2024, aiming to offer advanced streaming technology to third-party content owners and further develop premium digital offerings. These strategic moves align MSG Networks with evolving consumer trends toward digital streaming and enhanced fan engagement across its sports and entertainment offerings. The combination with Madison Square Garden Entertainment enhances MSG Networks' ability to leverage live entertainment and sports media synergies, providing expanded opportunities in digital streaming, sports gaming, and branded partnerships, positioning the company for growth in regional sports broadcasting and digital media distribution.

Company News

APIChat
  • MSG Networks faces financial turmoil despite Knicks' promising season

  • Optimum Demands MSG Networks Refund Customers Upwards of $125 Million

  • Optimum-MSGN Standoff Could Pressure MSG Networks' Finances: Analyst

  • MSG Networks go dark on Optimum

  • MSG Networks, home of Knicks and Rangers, goes dark for Altice USA's Optimum cable customers

  • Optimum Announces Update on Carriage of MSG Networks

  • YES Network, MSG Networks to launch bundled New York regional sports app

  • MSG Networks, Inc. (MSGN) CEO Andrea Greenberg on Q3 2022 Results - Earnings Call Transcript

  • MSG Networks Renews Multi-Year Agreement With Verizon Fios

  • MSG Networks Announces Multi-Year Distribution Agreement with Verizon Fios

  • SHAREHOLDER ALERT: Monteverde & Associates Continues to Investigate the Following Merger

  • MSG NETWORKS INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of MSG Networks Inc. - MSGN

  • MSG Networks (MSGN) Surpasses Q3 Earnings and Revenue Estimates

  • MSG Networks Inc. Reports Fiscal 2021 Third Quarter Results

  • Madison Square Garden Entertainment Corp. and MSG Networks Inc. Announce Key Filing Dates and Plans to Host Joint Webcast on Proposed Merger

  • Earnings Preview: MSG Networks (MSGN) Q3 Earnings Expected to Decline

  • SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating MSG Networks Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

  • Boyar Value Group On The Awful MSG Networks/MSG Entertainment Deal

  • SHAREHOLDER ALERT: WeissLaw LLP Investigates MSG Networks Inc.

  • Stock Markets Rebound, but What the Heck Just Happened to Streaming TV Stocks?