Now it is official. Comcast said on Monday that the separation of most of its cable networks into a separate entity called ...

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 announced the completion of its previously announced separation of Versant into a separate public company, effective as of 11:59 p.m. Eastern on Friday, Jan. 2, 2026. Versant began trading ...

Comcast has formally completed the spin-off of its cable television networks and related digital assets into a new publicly-traded company called Versant, which also had its Wall Street debut on ...

Jan 5 (Reuters) - Comcast said on Monday it has completed the spinoff of Versant Media Group, offloading its NBCUniversal cable channels such as USA Network and CNBC into a separate public company, as ...

Shares of newly public Versant Media fell on the first day of trading as an independent public company, closing down 13% at $40.57 on Monday. Executives led by CEO Mark Lazarus were on hand at the ...

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Comcast’s core cable business enjoys significant competitive advantages, but it faces increased pressure from fixed-wireless offerings, which have proven viable broadband alternatives, and from fiber ...