ARLINGTON, Texas -- The Texas Rangers have created a new company to oversee production and distribution of their game broadcasts.

The MLB team on Monday unveiled the Rangers Sports Media & Entertainment Company. That company will include the new Rangers Sports Network (RSN) 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.

"One of the main goals when seeking solutions for Rangers television broadcasts was to give fans more access to our games," Rangers majority owner Ray Davis said. "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. (APMC) to stream Rangers regional games directly to consumers on the Victory+ service starting this year. The team said then that service, which will cost $100 to access games for a full season, was the first step in providing multiple viewing options after several seasons of access issues, but still hasn't revealed details about additional options.

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. The Rangers have more than 16 million households in their broadcast territory over parts of five states.

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. Jim Cochrane, a 28-year veteran of the Rangers front office, was promoted to executive vice president and chief business officer.

The Rangers previously had their regional broadcasts on Bally Sports Southwest, part of the financially troubled Diamond Sports Group that went through a bankruptcy reorganization. The team's deal with Diamond expired at the end of last season. Bally Sports Southwest was not available through some cable companies and many popular streaming platforms.