Regional sports networks belonging to Main Street Sports Group win streaming subscribers.
Fanduel sports network, the recently renowned The regional channel portfolio said on Monday that its paid subscribers had doubled at nearly 650,000 over a period of eight weeks. The company plans to reach one million direct customers to consumers by the end of the year.
The update comes from months after the Main Street Sports Group emerged protection against bankruptcy, after having considerably cut its debt and reduced charge number teams of its portfolio after having regained its agreements with lenders, teams and leagues.
There are 15 networks held and operated under the Fanduel Sports Network banner – known as Bally Sports until recently – has disseminated coverage of 30 major league teams, the National Basketball Association and teams from the National Hockey League across the United States
On Monday, the company said that since the start of the MLB 2025 season, the streaming platform has had an average of 250,000 unique daily users and around one million unique monthly users. In addition, the average surveillance time per game increased by 9% from one year to the next to 92.5 minutes, depending on the company.
The figures have been raised by new ways to distribute the networks. As part of the bankruptcy procedure, Main Street Sports ink an agreement with Amazon Prime Video to make the networks available on the streaming platform, in addition to their own direct applications to consumers.
The agreement with Amazon is not exclusive, giving Main Street the opportunity to continue streaming agreements with other partners, previously reported CNBC.
In March, the company struck Another partnership with SB Nation and Yahoo Sports in order to “accelerate the growth of subscribers and awareness” of the streaming application before the start of the MLB season. This partnership incorporates affiliation links and melody messaging in the content of SB Nation. It also connects networks to the Yahoo sports fantasy community and periodically offers free trials.
Michael Schneider, chief of the farm and managing director of directly to consumers at Main Street Sports Group, has credited the growth of the various partners of Fanduel Sports Network, as well as what he called an “effective acquisition program” to capture new customers.
He added that team partners also helped, with promotional offers for fans on social and digital platforms helping to stimulate subscriptions.
“We are progressing in our mission to reinvent the local landscape of the sports media by offering a new standard for teams and their fans of the hometown, while raising the visibility of our team partners,” said David Preschlack, CEO of Main Street Sports Group, in a press release.
The various streaming and digital partnerships occur while regional sports networks like those who belong to Main Street Sports are weighed down by substantial losses among television subscribers.
For years, regional sports networks have turned out to be a lucrative commercial model for teams and leagues. But the leak of paying television subscribers to streaming options left the networks to adapt and cope decline paid television distributors on their contracts.
Recently, MSG Networks was dark for customers of the Altice USA Pay-TV pack before both reached An agreement that gave the Altice more flexibility. MSG Sports, which broadcasts local Knicks from New York and other team games on paid television and its Gotham Sports streaming application, has been confronted with tormented As the regional sports network model evolves.
Fanduel Sports Network starts at $ 19.99 per month for access to a network and becomes more expensive for wider access depending on the region. The relatively expensive price for the streaming of regional sports networks is due to contracts with paid television suppliers. Preschlack told CNBC Sport in a interview Earlier this year, the company will test lower price.
Schneider said the price is uniform in most regions.
“The teams have provided specific offers to their fans base and we learn by constantly testing what the price and optimal offers are to provide maximum submarines,” he said.