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Exclusive | MSG Networks nears deal to skirt bankruptcy — potentially clearing path for YES merger: sources

New York Post
Summary
Nutrition label

64% Informative

MSG Networks is nearing a deal with its lender JPMorgan that will allow the regional sports channel to avoid bankruptcy.

Under terms of the deal, MSGN — which carries the Knicks , Rangers, Islanders , Devils and Sabres and Gotham FC — will win a debt refinancing in which JPMorgan agrees to reduce it to around $600 million from a current bill of roughly $800 million .

In exchange, James Dolan would agree to reduce the rights fees MSGN pays the Knicks and Rangers .

VR Score

70

Informative language

74

Neutral language

3

Article tone

formal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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