Altice USA's Optimum Asks MSG Networks to Refund Over $125 Million to Customers

MT Newswires Live2025-01-17

Altice USA (ATUS) subsidiary Optimum said Thursday that it has been negotiating with Sphere Entertainment (SPHR) unit MSG Networks for a solution to bring MSG content to fans and prevent non-viewers from having to pay for what they do not watch but the latter has refused all its offers.

The company said that MSG needs to take responsibility and issue refunds to subscribers for the programming they did not watch but were forced to pay for in 2024.

Optimum has therefore called on the programmer to refund customers over $125 million, representing the estimated $10 per month per subscriber that MSG Networks said its sports programming is worth.

In response to Optimum's statement, MSG asked for either the same deal it gave to YES Networks just a few months ago, its previous deal or to refund every subscriber $10 a month.

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