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Article: MSG, SportsChannel New York may merge. (Madison Square Garden Network, cable sports networks)
- Article from:
- Broadcasting & Cable
- Article date:
- January 20, 1997
- Author:
CopyrightCOPYRIGHT 1997 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Rival cable networks SportsChannel New York and Madison Square Garden Network could merge into a single regional sports giant by the end of March, impacting the programing lineup of soon-to-be-launched WBIS-TV New York.
That's the word from Carolyn Wall, president of planned business/sports station WBIS-TV. WBIS-TV is half-owned by ITT, which is partnered with Cablevision Systems Corp. in Madison Square Garden. SportsChannel New York is owned by Cablevision Systems Corp. and NBC.
The fate of New York's regional networks is tied to the future of Cablevision's stake in MSG. Cablevision has until March 17 to decide whether to put up its half of the $1 ...