MSG Networks faces financial turmoil despite Knicks' promising season

1. MSG Networks is in financial turmoil, discussing $829M debt refinancing. 2. The blackout on Altice affects MSG Networks, impacting numerous fans and viewership. 3. Knicks' promising season contrasts with MSG Networks' operational issues amid debt struggles. 4. MSG Networks' revenues face threats due to distribution model changes and negotiation failures. 5. Future national rights fees for Knicks may offset losses from MSG Networks' blackout.