MSG Networks Just Made a Shocking Move to End the Bitter Feud with Altice

NEW YORK, Jan. 21, 2025 /PRNewswire/ -- MSG Networks released the following statement about their dispute with Altice USA: MSG Networks has been engaged in a longstanding dispute with Altice USA, a leading telecommunications company, over issues related to broadcasting rights and contract negotiations. Despite efforts to resolve the matter through private discussions, the two parties have been unable to reach a mutually beneficial agreement, resulting in a significant disruption to services for thousands of customers.

In an attempt to break the deadlock and find a resolution to the ongoing feud, MSG Networks has announced that it is offering binding arbitration by a neutral third party. This move is seen as a significant departure from the company's previous stance, and it has raised hopes that the dispute may finally be brought to an end. The decision to seek the assistance of a neutral arbitrator is a clear indication that MSG Networks is committed to finding a fair and reasonable solution to the dispute, and is willing to work with Altice USA to achieve this goal.

The dispute between MSG Networks and Altice USA has been ongoing for several months, with both parties refusing to back down from their respective positions. MSG Networks has argued that Altice USA has failed to meet its contractual obligations, while Altice USA has countered that MSG Networks is attempting to strong-arm it into accepting an unfair deal. The resulting impasse has had a significant impact on customers, who have been left without access to certain channels and services.

By offering binding arbitration, MSG Networks is providing a potential pathway to a resolution. The neutral third party will be tasked with reviewing the terms of the dispute and making a binding decision, which both parties will be required to accept. This approach has been used in similar disputes in the past, and has proven to be an effective way of resolving complex and contentious issues.

While there is no guarantee that the arbitration process will be successful, the fact that MSG Networks is willing to take this step is a positive sign. It suggests that the company is committed to finding a resolution, and is willing to work with Altice USA to achieve this goal. The outcome of the arbitration process will be closely watched by customers and industry observers, who will be hoping that a resolution can be reached quickly and efficiently.

In the meantime, customers who have been affected by the dispute are being advised to remain patient and to continue to monitor the situation for updates. MSG Networks has pledged to do everything in its power to minimize the disruption to services, and to ensure that customers are able to access the channels and programming that they want. With the arbitration process now underway, there is hope that the dispute may finally be brought to an end, and that customers will once again be able to enjoy the full range of services that they are entitled to.