 This led to a lengthy dispute between Cablevision and MSG that resulted in the network being removed by the provider, resulting in many Cablevision subscribers not being able to see MSG's Yankees telecasts during the 1989 season.On April 25, 1995, NBC sold its 50% interest in SportsChannel New York to Rainbow Media for US$93 million, citing that "owning a piece of SportsChannel New York made less sense" after Cablevision and ITT Corporation purchased MSG.On June 30, 1997, Fox/Liberty Networks – a joint venture between News Corporation (then the parent company of the "New York Post" and Fox owned-and-operated station WNYW (channel 5) and Liberty Media (a spin-off of TCI, an American cable-television group) – purchased a 40% interest in the SportsChannel networks, Madison Square Garden, the New York Knicks and the New York Rangers from Cablevision.