Cablevision Systems, which operates in the New York-New Jersey area, said Thursday that it is considering spinning off its Madison Square Garden properties, which not only includes the famed New York arena but also the Knicks basketball team, the Rangers hockey team, the MSG cable network, and Radio City Music Hall. For several months, analysts have been predicting that the entire company might sell itself to one of the major media conglomerates.

08/05/2009