KevFu
Registered User
YES, MSG networks partner on new venture that could lead to all-in-one streaming service
YES and MSG Network are partnering on a new venture that eventually could lead to a direct-to-consumer streaming service that offers the Yankees, Knicks, Rangers, Nets, Devils and Islanders on one …nypost.com
A fun quirk of this whole RSN situation the Mets are being left out altough that can change
It makes sense to partner with a winter sports team for a local streaming service like that, because if the baseball team goes it alone, there's zero reason for fans to pay monthly for October-March.
The Mets being left out also makes perfect sense, because SNY was started by the Mets owners 18 years ago to pocket more TV money and reduce the amount of revenue sharing.... but the new owner of the Mets didn't buy SNY, because the vast majority of the value of SNY is the fact that they have 150 Mets games, and SNY only has the rights for seven more years.
(SNY also has some UConn football, men's and women's basketball -- SNY is actually the real reason UConn left the American, went independent in football and rejoined the Big East. Well, the Fox national deal + SNY vs the ESPN/ESPN+ offer to the AAC).
But without the Mets, SNY is practically worthless. Why spend $2 billion for it when Steve Cohen can just START HIS OWN media company at the end of the SNY deal and put Mets games on it?