On January 05, 2026, Comcast Corporation (NASDAQ: CMCSA; $28.13; Market Cap: $102.5 billion) and Versant Media Group, Inc.
Comcast completed the spin-off of its cable networks into Versant Media Group, which began trading publicly under the ticker VSNT.
In a significant development for the media industry, Versant Media Group, a portfolio of cable TV networks and digital assets spun off by Comcast, has officially gone public. This move positions ...
Shares of Versant Media Group, home to channels such as USA Network and CNBC, slumped more than 13% in its market debut after its spinoff from Comcast, underscoring investor skepticism around ...
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 is moving forward with the spinoff of its cable network channels, including CNBC, MSNBC and E!, the company said Wednesday. The announcement comes weeks after Comcast executives said during ...
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 ...
Shares of the newly public Versant Media fell on the first day of trading as a public company January 5, 2026, closing down ...
Comcast (CMCSA) announced its intent to create a new publicly traded company comprised of a portfolio of NBCUniversal’s cable television networks, including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY ...
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!, ...
When Comcast swallowed NBC and Universal Studios 14 years ago, the sibling cable channels USA Network, Bravo and CNBC were considered diamonds in the rough. USA Network had gained traction with its ...