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Thursday, September 19, 2024
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UPCOMING EVENTS

MSG Networks Launching Streaming Service This Summer

MSG Networks will become the latest regional sports network to launch a streaming service this summer.

MSG+ will be offered to fans at a $29.99 per month price point, which is the same monthly fee NESN charges subscribers in New England. Fans can also purchase a yearlong subscription to MSG+ at a discounted $309.99 price.

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The new service will also allow fans to purchase broadcasts on a per-game basis, charging $9.99 for a single game.

Cable customers who currently subscribe to MSG Networks will be able to access the service similarly to MSG’s current mobile app MSG Go.

MSG Networks had previously hoped to launch the service in the second half of the NBA and NHL season, but a summer debut was decided upon to give the network more time to ensure a smooth launch.

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The regional sports network has reportedly lost 9% of its subscriber base since 2021, as more and more cable consumers cancel their traditional linear television packages and shift to streaming-only subscriptions.

“The introduction of MSG+ this summer will be a significant milestone for our company and will offer a mix of subscription options for fans who do not subscribe to a traditional, bundled pay television subscription,” MSG Networks President Andrea Greenberg said.

The move by MSG Networks to introduce details for its streaming service offerings is the first in the lucrative New York sports market. YES Network has previously said it will offer a direct-to-consumer service for Yankees broadcasts in 2023, but offerings and pricing have yet to be finalized.

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