SPORTS

Texas Rangers Launch Their Own Network: What Fans Need to Know

Texas, USATue Jan 28 2025
Ever heard of the Texas Rangers? Well, they're not just a baseball team anymore. They've just started their own sports network called Rangers Sports Network. This new venture will produce and distribute the team's games, and maybe even other content. The team is expecting big deals with major cable providers soon, which will make their games more accessible to fans across Texas and nearby states. The Rangers have already teamed up with the parent company of Victory+ to create a direct-to-consumer streaming service for the 2025 season. This new network and the team's entertainment division, REV Entertainment, will be part of a separate company called Rangers Sports Media and Entertainment Company. Neil Leibman, the Rangers' president of business operations, will lead this new company. Fans might not care much about the company's structure, but they'll definitely care about what it can do. The Rangers are about to announce deals with big cable providers. These deals could replace the lost revenue from the bankruptcy of Diamond Sports Group, which used to broadcast games under the Bally Sports Southwest Network. The Rangers want to give fans more access to their games. That's why they're handling many of the broadcast obligations in-house. Bally's brand had trouble negotiating deals, leaving many fans without access to games. The new deals are expected to reach almost 100% of households in the Rangers' territory.

questions

    Did the Rangers plan the bankruptcy of Diamond Sports Group to create this new venture?
    What are the potential financial implications of the Rangers Sports Network on the team's overall budget?
    How will the Rangers balance the cost and accessibility of the new streaming service and cable deals?

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