TWC, MSG Can't Agree On Sports Net Rates

  • January 2, 2012

 

Time Warner Cable and Madison Square Garden Company did not reach an agreement over new pricing to show MSG's sports network, leaving Time Warner subscribers without access to the games in the new year, reports Reuters.

"Despite agreeing to the asked-for 6.5% price increase on rates that MSG themselves deemed as fair market rates just last year, MSG reneged on the deal and instead demanded a whopping 53% increase and refused to negotiate further," Mike Angus, senior vice president for content acquisition at Time Warner Cable, stated.

MSG and MSG Plus show games of the New York Rangers, New York Islanders and New Jersey Devils as well as NBA's New York Knicks and the NHL's Buffalo Sabres.

 

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