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

1. MSG Networks is seeking a deal to avoid bankruptcy amidst financial troubles. 2. Amazon is speculated to possibly invest to help MSG Networks restructure its debt. 3. MSG Networks lost $127 million in January due to a blackout from Optimum. 4. Investors bet on MSG Networks' bankruptcy improving the balance sheet. 5. Bankruptcy might lead to a renegotiated, lower media rights deal for MSG Networks.

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FAQ

Why Neutral?

Negotiations for investment are ongoing, but outcomes are uncertain. Past examples include other networks facing similar restructuring.

How important is it?

Financial health of MSG Networks can influence market sentiment and stock value of Sphere Entertainment.

Why Short Term?

Immediate negotiations with potential investors suggest urgent financial restructuring needed.

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