MSG Media and Time Warner Cable Reach Tentative Agreement
NEW YORK, Feb. 17, 2012 (GLOBE NEWSWIRE) -- MSG Media is pleased to have reached a tentative agreement with Time Warner Cable for carriage of our networks – MSG, MSG+ and Fuse, effective immediately, including tonight's 8:00pm match-up between the New York Knicks and the New Orleans Hornets, as well as the Devils and Sabres games. We would like to thank Governor Andrew Cuomo for his leadership in helping us resolve this matter. We would also like to thank Attorney General Eric Schneiderman and NBA Commissioner David Stern, whose assistance helped allow the parties to reach an agreement. We are committed to providing our fans with award-winning programming that continues to warrant their loyalty and allegiance, and we thank them for their patience. MSG Media is part of The Madison Square Garden Company (Nasdaq: MSG), a fully-integrated sports, media and entertainment business.
About MSG Media
MSG Media is a leader in production and content development for multiple distribution platforms, including content originating from MSG's venues. MSG Media consists of the MSG Networks (MSG, MSG Plus, MSG HD and MSG Plus HD) regional sports networks and the Fuse Networks (Fuse and Fuse HD), a national television network dedicated to music. MSG Media is also responsible for managing interactive initiatives (online, mobile, VOD and iTV) across all business segments. MSG Media is part of The Madison Square Garden Company, a fully-integrated sports, media and entertainment business. The Company is comprised of three business segments: MSG Sports, MSG Media and MSG Entertainment, which are strategically aligned to work together to drive the Company's overall business, which is built on a foundation of iconic venues and compelling content that the Company creates, produces, presents and/or distributes through its programming networks and other media assets. MSG Sports consists of owning and operating sports franchises, including the New York Knicks (NBA), the New York Rangers (NHL), the New York Liberty (WNBA), and the Connecticut Whale (AHL). MSG Sports also features the presentation of a wide variety of live sporting events including professional boxing, college basketball, track and field and tennis. MSG Entertainment creates, produces and/or presents a variety of live productions, including the Radio City Christmas Spectacular featuring the Radio City Rockettes. MSG Entertainment also presents or hosts other live entertainment events such as concerts, family shows and special events in the Company's diverse collection of venues. These venues include Madison Square Garden, Radio City Music Hall, the Theater at Madison Square Garden, the Beacon Theatre, the Chicago Theatre and the Wang Theatre. More information is available at www.themadisonsquaregardencompany.com.
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