Comcast completed the spin-off of its cable networks into Versant Media Group, which began trading publicly under the ticker VSNT.
Shares of Versant Media Group, home to channels such as USA Network and CNBC, slumped 13% in its market debut after its spinoff from Comcast, underscoring investor skepticism around traditional TV ...
Comcast is carving off most of its cable channels. Will its new spinoff be a hunter or prey? The media giant last week put an upbeat spin on its move to shed what Wall Street sees as an albatross — ...
Comcast's spinoff of the majority of its NBCUniversal cable network portfolio will be named Versant, the company said Tuesday, ending a monthslong process to select a new corporate moniker. The new ...
The newly separate company owns well-known channels like CNBC and MS NOW, but it lacks the distribution power of streaming and cable giants.
Comcast’s cable networks, which include MSNBC and CNBC, make a heckuva lot of money. It doesn’t matter. As the Wall Street Journal first reported, the communications giant confirmed yesterday it’s ...
What’s the mood of the rank and file at the NBCUniversal cable networks and businesses Comcast intends to spin off next year? SpinCo will include basic cable nets MSNBC, CNBC, USA Network, Oxygen, E!, ...