Texas Rangers create new network to oversee production and distribution of game broadcasts

ARLINGTON, Texas — The Texas Rangers have created a new company to oversee production and distribution of their game broadcasts. That company will include the new Rangers Sports Network and the existing REV Entertainment that is the team’s official sports and entertainment partner and official booking agent for events at its current and former stadiums. “We determined that the best path toward providing our fans with more options is to handle many of the broadcast obligations in-house.” The Rangers earlier this month entered into a multiyear agreement with A Parent Media Co. Inc. to stream Rangers regional games directly to consumers on the Victory+ service starting this year. Formation of the Rangers Sports Network comes before the anticipation of deals for local TV rights to have games air through traditional cable providers along with some limited over-the-air broadcasts. Neil Leibman, who is part of the team’s ownership group, will be chairman of the Rangers Sports Media & Entertainment Company, relinquishing his previous team responsibilities as COO and president of business operations.