MSG Network is planning to launch a paid streaming service to bring New York Knicks and Rangers games direct to consumers.
According to a report from Josh Kosman of The New York Post, the service will likely come with a $20-$25 a month price tag and is expected to be launched in the second half of the current NBA and NHL seasons.
“While the media landscape is certainly evolving, we continue to believe in the value of our premium content and our ability to innovate, to drive value for partners, advertisers and viewers alike,” MSG Network President and CEO Andrea Greenberg said.
The move to a streaming service is seen as a needed one for the network, as its subscriber base has dropped 9% since 2021. That number is on top of the 10% loss it experienced when Comcast dropped the network.
The news comes in the heels of reports that owner James Dolan is planning on splitting his MSG Entertainment company in two, with the cable network, new streaming service, and venues like Madison Square Garden and Radio City Music Hall into one company, and his entertainment venues like upcoming Las Vegas Sphere and nightclub chain Tao into a separate entity.
