The Yankee Entertainment and Sports Network (YES) is an American pay television regional sports network owned by Yankee Global Enterprises (the largest shareholder with 26%), Sinclair Broadcast Group and Entertainment Studios (which owns 20%), Amazon (which owns 15%), and The Blackstone Group, RedBird Capital and Mubadala Investment Company, which each own 13%. Primarily serving New York City, New York and the surrounding metropolitan area, it broadcasts a variety of sports events, as well as magazine, documentary and discussion programs; however, its main emphasis is focused on games and team-related programs involving the New York Yankees of Major League Baseball (owned by minority partner Yankee Global), the NBA's Brooklyn Nets, the WNBA's New York Liberty and New York City FC of Major League Soccer. YES Network's offices are based at the Chrysler Building in Midtown Manhattan. YES programs, including Yankees and Nets pre- and post-game shows, are produced in studios that are located in Stamford, Connecticut. The channel is available on cable and IPTV providers in New York, New Jersey, Connecticut and parts of Pennsylvania; it is available nationally on some cable systems (as part of a designated sports tier), via satellite on DirecTV, and regionally on Frontier, AT&T U-verse, Verizon Fios, and Cox Communications. History Beginnings YES is the product of a holding company founded in 1999 called YankeeNets, created out of a merger of the business operations of the Yankees and the New Jersey Nets. One of the reasons behind the operational merger was to allow both teams to gain better leverage over their own broadcast rights; each party believed that it would obtain better individual deals, if they negotiated the rights collectively. Two years earlier in 1997, Cablevision – which at the time had owned the Nets' television broadcaster, SportsChannel New York (later known as Fox Sports Net New York, and now known as MSG Sportsnet) – became the sole owner to the television rights of all seven Major League Baseball, NBA and NHL teams in the New York City market when it acquired the competing MSG Network (previously owned by Viacom through its 1994 purchase of the network's former parent Paramount Communications), which had held the broadcast rights to the Yankees since 1989. This led to monopoly-like tactics, including the shift of some games to the cable-exclusive MSG Metro Channels, which had very limited distribution as Cablevision, Comcast and Time Warner Cable routinely fought over carriage agreements.