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MSG Rangers Corp owns and operates the New York Rangers of the National Hockey League (NHL) and the Hartford Wolf Pack of the American Hockey League (AHL). It also operates the Madison Square Garden Training Center in Greenburgh, New York, which serves as a sports team performance and training facility. It earns revenue from several primary sources: ticket sales and a portion of suite rental fees at The Garden, a share of distributions from NHL league-wide national and international media contracts and other league-wide revenue sources, sponsorships and signage, food and beverage sales at The Garden and merchandising.

Netflix's relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with more than 325 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided a regular slate of live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm introduced ad-supported subscription plans in 2022, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.