StockNews.AI
TMBR
New York Post
200 days

MSG Networks in talks to avoid bankruptcy — possibly with help of Amazon: sources

1. MSG Networks seeks bankruptcy deal by Friday amid financial struggles. 2. Amazon may invest to help MSG refinance $829 million debt. 3. Lost revenue from Optimum dispute totals $127 million since January. 4. Bankruptcy could facilitate new negotiations with cable providers. 5. Sphere Entertainment shares rose 7.5% as bankruptcy seems likely avoided.

0%Current Return
VS
-0.67%S&P 500
$0.342601/31 06:04 PM EDTEvent Start

$0.342602/03 06:35 PM EDTLatest Updated
7m saved
Insight
Article

FAQ

Why Bullish?

Investors are optimistic about potential restructuring and involvement of Amazon.

How important is it?

Possible investments and restructuring could change MSG Networks' operational stability impacting viewers.

Why Short Term?

Immediate talks and possible new investments may stabilize TMBR's price quickly.

Related Companies

Related News