“This achievement reflects the strong results Newsmax has demonstrated and testifies to the trust and support the Company maintains with investors, viewers, and friends.”
"We’d rather invest – if we saved a huge amount of money by not doing the NBA, it’s more money that we can spend on the quality content that we can make global that we think can strategically help us."
Now that the company is owned by private equity, you can bet that every expenditure is scrutinized. If Nielsen is big on DEI, what are Nielsen’s opportunity costs?
"If MSG Networks is not successful in negotiating a refinancing or work-out of its indebtedness, the company believes it is probable that MSG Networks and/or its subsidiaries would seek bankruptcy protection or the lenders would foreclose on the MSG Networks collateral securing the credit facilities."